[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Atlassian (TEAM) director and >10% owner Farquhar Scott sold shares under a Rule 10b5-1 plan on 09/22/2025. The Form 4 reports six dispositions totaling 7,665 shares of Class A common stock at weighted-average prices reported between approximately $167.44 and $172.25. After these sales the filing shows 45,990 shares beneficially owned indirectly through Farquhar Investment Partnership No. 2. The transactions were executed in multiple trades during the day and the reporting person adopted the 10b5-1 plan on February 12, 2025.

Positive

• None.

Negative

• Insider dispositions: The reporting person disposed of 7,665 Class A shares on 09/22/2025, which may increase share supply in the market.
• Significant holding reduction: Beneficial ownership after the transactions is reported at 45,990 shares held indirectly through Farquhar Investment Partnership No. 2.

Insights

Securities Analyst

TL;DR: Insider sold 7,665 TEAM shares under a 10b5-1 plan at prices near $167–$172; filing appears routine.

The Form 4 documents six separate dispositions by Farquhar Scott on 09/22/2025 executed pursuant to a Rule 10b5-1 trading plan adopted February 12, 2025. The reported weighted-average price ranges are provided in the footnotes and the transactions were effected in multiple intraday trades. Post-transaction beneficial ownership is reported as 45,990 shares held indirectly via Farquhar Investment Partnership No. 2. From a securities-analyst perspective, these are clearly flagged as preplanned sales rather than opportunistic open-market transactions, which reduces immediate informational asymmetry but still represents insider supply to the market on that date.

Corporate Governance Expert

TL;DR: Director sales executed under a documented 10b5-1 plan, consistent with compliance best practices.

The disclosure shows compliance with Rule 10b5-1 procedures: the plan adoption date is provided and each transaction includes footnote detail on execution price ranges and weighted-average prices. The seller is identified as both a director and a greater-than-10% owner, with holdings held indirectly through a named partnership. While insider sales can be viewed negatively by some investors, the presence of a 10b5-1 plan and full price-range disclosures align with governance transparency standards.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farquhar Scott

(Last) (First) (Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO CA 94104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/22/2025		S(1)		600	D	$167.7557(2)	53,055	I	See Footnote(3)
Class A Common Stock	09/22/2025		S(1)		2,255	D	$171.0185(4)	50,800	I	See Footnote(3)
Class A Common Stock	09/22/2025		S(1)		555	D	$166.9947(5)	50,245	I	See Footnote(3)
Class A Common Stock	09/22/2025		S(1)		831	D	$169.2616(6)	49,414	I	See Footnote(3)
Class A Common Stock	09/22/2025		S(1)		2,274	D	$170.3309(7)	47,140	I	See Footnote(3)
Class A Common Stock	09/22/2025		S(1)		1,150	D	$171.855(8)	45,990	I	See Footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $167.44 to $168.40. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

3. Shares are held by Farquhar Investment Partnership No. 2.

4. This transaction was executed in multiple trades during the day at prices ranging from $170.63 to $171.59. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

5. This transaction was executed in multiple trades during the day at prices ranging from $166.43 to $167.42. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

6. This transaction was executed in multiple trades during the day at prices ranging from $168.57 to $169.55. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

7. This transaction was executed in multiple trades during the day at prices ranging from $169.63 to $170.61. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

8. This transaction was executed in multiple trades during the day at prices ranging from $171.65 to $172.25. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Remarks:

	/s /Drew Parkes, Attorney-in-Fact for Farquhar Scott	09/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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