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Atlassian Corp (TEAM) director, 10% owner discloses Class A stock sales

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner reported multiple sales of Class A common stock on December 12, 2025 under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025.

The reporting person sold several blocks of shares, including 300 shares at a weighted-average price of $164.01 and 1,650 shares at a weighted-average price of $161.1487, with each transaction executed in multiple trades within stated daily price ranges.

After these sales, the reporting person beneficially owned 91,980 shares of Atlassian Class A common stock, held indirectly through Farquhar Investment Partnership No. 2.

Positive

  • None.

Negative

  • None.
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)
12/12/2025
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 12/12/2025 S(1) 300 D $164.01(2) 99,345 I See Footnote(3)
Class A Common Stock 12/12/2025 S(1) 1,650 D $161.1487(4) 97,695 I See Footnote(3)
Class A Common Stock 12/12/2025 S(1) 4,614 D $162.0877(5) 93,081 I See Footnote(3)
Class A Common Stock 12/12/2025 S(1) 1,101 D $163.1595(6) 91,980 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 $163.70 to $164.22. 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 $160.65 to $161.62. 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 $161.66 to $162.62. 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 $162.68 to $163.65. 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/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott 12/15/2025
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Atlassian Corp (TEAM) disclose?

Atlassian Corp (TEAM) disclosed that a director and 10% owner reported multiple sales of Class A common stock on December 12, 2025. The transactions included sales of 300, 1,650, 4,614 and 1,101 shares, each coded as an "S" sale.

Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.

How many Atlassian (TEAM) shares does the reporting person still beneficially own?

Following the reported transactions, the filing shows that the reporting person beneficially owned 91,980 shares of Atlassian Class A common stock, held indirectly through Farquhar Investment Partnership No. 2.

What prices were received in the Atlassian (TEAM) insider stock sales?

The reported weighted-average sale prices were $164.01, $161.1487, $162.0877 and $163.1595. Footnotes explain that each transaction was executed in multiple trades within daily price ranges, including ranges such as $163.70 to $164.22, $160.65 to $161.62, $161.66 to $162.62 and $162.68 to $163.65.

What is the reporting persons relationship to Atlassian Corp (TEAM)?

The filing identifies the reporting person as both a Director and a 10% Owner of Atlassian Corp, with the form filed by one reporting person.

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