Atlassian (TEAM) director files Form 4 on Rule 10b5-1 sales of shares

Q: What insider transaction did Atlassian (TEAM) disclose in this Form 4?

The Form 4 reports that Scott Farquhar , a director and 10% owner of Atlassian Corp, reported multiple open-market sales of Class A Common Stock on January 6, 2026 through an entity associated with him.

Q: Who actually holds the Atlassian shares involved in these Form 4 transactions?

A footnote states that the shares are held by Farquhar Investment Partnership No. 2 , and the Form 4 reports them as indirectly owned by Scott Farquhar.

Q: How were the Atlassian (TEAM) trades executed during the day?

Each reported transaction was executed in multiple trades during the day within stated price ranges, with weighted-average prices reported and an undertaking to provide detailed trade information upon request.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar reported automatic stock sales executed under a pre-set trading plan. On January 6, 2026, Farquhar reported multiple open-market sales of Atlassian Class A Common Stock, with individual transactions ranging from 100 to 3,152 shares per line item at weighted-average prices such as $158.2776, $157.3332, and $160.5357.

The filing states that these transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025, meaning the trades were pre-arranged. The shares involved are held indirectly through Farquhar Investment Partnership No. 2, and following the reported sales, 444,570 shares of Atlassian Class A Common Stock were reported as beneficially owned indirectly.

Insider Trade Summary

Net Seller: 7,665 shares ($1,215,818)

Net Sell 7 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.22M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,152	$158.2776	$499K
Sale	Class A Common Stock	1,013	$157.3332	$159K
Sale	Class A Common Stock	200	$151.8476	$30K
Sale	Class A Common Stock	1,900	$160.5357	$305K
Sale	Class A Common Stock	1,200	$159.2388	$191K
Sale	Class A Common Stock	100	$156.05	$16K
Sale	Class A Common Stock	100	$154.70	$15K

Holdings After Transaction: Class A Common Stock — 449,083 shares (Indirect, See Footnote)

Footnotes (1)

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. This transaction was executed in multiple trades during the day at prices ranging from $157.80 to $158.76. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $156.75 to $157.74. 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. This transaction was executed in multiple trades during the day at prices ranging from $151.24 to $152.05. 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. This transaction was executed in multiple trades during the day at prices ranging from $160.00 to $160.90. 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. This transaction was executed in multiple trades during the day at prices ranging from $158.84 to $159.81. 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. This transaction was executed in multiple trades during the day at prices ranging from $155.75 to $156.35. 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. This transaction was executed in multiple trades during the day at prices ranging from $154.55 to $154.85. 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.

Form 4 Insider Transactions: What Each Field Means →

01/07/2026 - 04:36 PM

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).

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

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)
01/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	01/06/2026		S⁽¹⁾		3,152	D	$158.2776⁽²⁾	449,083	I	See Footnote⁽³⁾
Class A Common Stock	01/06/2026		S⁽¹⁾		1,013	D	$157.3332⁽⁴⁾	448,070	I	See Footnote⁽³⁾
Class A Common Stock	01/06/2026		S⁽¹⁾		200	D	$151.8476⁽⁵⁾	447,870	I	See Footnote⁽³⁾
Class A Common Stock	01/06/2026		S⁽¹⁾		1,900	D	$160.5357⁽⁶⁾	445,970	I	See Footnote⁽³⁾
Class A Common Stock	01/06/2026		S⁽¹⁾		1,200	D	$159.2388⁽⁷⁾	444,770	I	See Footnote⁽³⁾
Class A Common Stock	01/06/2026		S⁽¹⁾		100	D	$156.05⁽⁸⁾	444,670	I	See Footnote⁽³⁾
Class A Common Stock	01/06/2026		S⁽¹⁾		100	D	$154.7⁽⁹⁾	444,570	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $157.80 to $158.76. 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 $156.75 to $157.74. 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 $151.24 to $152.05. 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 $160.00 to $160.90. 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 $158.84 to $159.81. 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 $155.75 to $156.35. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $154.55 to $154.85. 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	01/07/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Atlassian (TEAM) disclose in this Form 4?

The Form 4 reports that Scott Farquhar, a director and 10% owner of Atlassian Corp, reported multiple open-market sales of Class A Common Stock on January 6, 2026 through an entity associated with him.

How many Atlassian shares does Scott Farquhar report owning after these trades?

After the reported transactions on January 6, 2026, the Form 4 shows 444,570 shares of Atlassian Class A Common Stock beneficially owned indirectly.

At what prices were the Atlassian (TEAM) shares sold in this filing?

The sales were reported at weighted-average prices including $158.2776, $157.3332, $151.8476, $160.5357, $159.2388, $156.05, and $154.70 per share.

Were the Atlassian insider sales made under a Rule 10b5-1 trading plan?

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

Who actually holds the Atlassian shares involved in these Form 4 transactions?

A footnote states that the shares are held by Farquhar Investment Partnership No. 2, and the Form 4 reports them as indirectly owned by Scott Farquhar.

How were the Atlassian (TEAM) trades executed during the day?

Each reported transaction was executed in multiple trades during the day within stated price ranges, with weighted-average prices reported and an undertaking to provide detailed trade information upon request.