[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Atlassian director and 10% owner Farquhar Scott reported multiple open-market sales of TEAM shares on 09/18/2025 under a Rule 10b5-1 trading plan adopted February 12, 2025. The filings show six sale transactions totaling 7,665 Class A shares executed at various intraday prices; individual weighted-average prices are reported (examples: $169.5831, $174.88, $173.1575). The sales were effected in multiple trades during the day and the reporting person committed to provide full transaction details on request.

Shares are held indirectly by Farquhar Investment Partnership No. 2. After these transactions the filing reports 61,320 Class A shares beneficially owned indirectly. The Form 4 is signed by an attorney-in-fact and notes the transactions were pursuant to the disclosed 10b5-1 plan.

Positive

• Transactions executed pursuant to a Rule 10b5-1 trading plan, indicating pre-scheduled sales rather than ad-hoc insider trades
• Filing provides weighted-average prices and commits to provide full trade details on request, supporting transparency
• Shares are held indirectly via Farquhar Investment Partnership No. 2, which clarifies beneficial ownership structure

Negative

• Reporting person sold 7,665 Class A shares on 09/18/2025, which reduces insider shareholdings
• Indirect beneficial ownership decreased to 61,320 Class A shares following the reported transactions

Insights

Corporate Governance Expert

TL;DR: Director sold 7,665 TEAM shares under a pre-established 10b5-1 plan; indirect holdings remain 61,320 shares.

The reported transactions are routine in form: the director elected to execute multiple disposals under a documented Rule 10b5-1 plan, which provides an affirmative defense to insider trading claims when properly adopted and operated. The filing discloses weighted-average prices and notes the shares are held indirectly via an investment partnership, which is typical for personal estate or investment structures. From a governance perspective, use of an attorney-in-fact and the filing's detail around price ranges are consistent with compliance best practices.

Securities Analyst

TL;DR: Six sales totaling 7,665 Class A shares executed 09/18/2025; final indirect beneficial ownership is 61,320 shares.

For investors, the filing provides clear transaction quantities and weighted-average prices for each lot, enabling reconstruction of proceeds if needed. The sales were executed across price ranges noted in footnotes, and the filer committed to supply full trade-level details on request. No derivative transactions were reported. The disclosure is informational rather than indicating a change in control or a material corporate event.

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)
09/18/2025

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	09/18/2025		S(1)		3,320	D	$169.5831(2)	65,665	I	See Footnote(3)
Class A Common Stock	09/18/2025		S(1)		300	D	$174.88(4)	65,365	I	See Footnote(3)
Class A Common Stock	09/18/2025		S(1)		400	D	$173.1575(5)	64,965	I	See Footnote(3)
Class A Common Stock	09/18/2025		S(1)		1,550	D	$170.6432(6)	63,415	I	See Footnote(3)
Class A Common Stock	09/18/2025		S(1)		250	D	$171.5926(7)	63,165	I	See Footnote(3)
Class A Common Stock	09/18/2025		S(1)		1,845	D	$168.8816(8)	61,320	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 $169.16 to $170.15. 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 $174.37 to $175.30. 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 $172.77 to $173.63. 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 $170.18 to $171.17. 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 $171.41 to $171.71. 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 $168.16 to $169.14. 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	09/19/2025
	** 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 did TEAM insider Farquhar Scott sell on 09/18/2025?

The filing reports six open-market sales totaling 7,665 Class A shares executed on 09/18/2025 under a Rule 10b5-1 plan.

Were the sales by Farquhar Scott part of a pre-established 10b5-1 plan?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.

What is Farquhar Scott's beneficial ownership of TEAM after these transactions?

The filing reports 61,320 Class A shares beneficially owned indirectly following the reported sales.

Are the exact execution prices disclosed for the 09/18/2025 sales?

The filing provides weighted-average prices for each lot and footnotes with the intraday price ranges; examples include $169.5831 and $174.88.

Were any derivative securities reported by the reporting person?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.