[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Atlassian Corp (TEAM) director and reported 10% owner Scott Farquhar sold a total of 7,665 Class A shares on 10/03/2025 under a pre-existing Rule 10b5-1 trading plan adopted on 02/12/2025. The sales occurred in multiple trades at weighted-average prices near $150–$152, with reported line prices of $151.6366, $150.1569, and $151.0316. Following these dispositions, the reporting person’s beneficial ownership declined from 474,805 shares to 467,565 shares as shown on the Form 4. The filer notes shares are held by Farquhar Investment Partnership No. 2 and that trade details are available upon request.

Positive

• Sales executed under a Rule 10b5-1 plan adopted on 02/12/2025, indicating pre-planned transactions
• Filer offers full trade detail on request, increasing transparency about execution prices and quantities

Negative

• Reporting person disposed of 7,665 Class A shares on 10/03/2025, reducing beneficial ownership to 467,565 shares
• Sales executed at prices around $150–$152, representing realized dispositions from a 10% owner/director position

Insights

Corporate Governance Analyst

Planned insider sales under a 10b5-1 plan, reducing beneficial stake modestly.

The filings show a director and 10% owner executed sales under a pre-established Rule 10b5-1 plan adopted on 02/12/2025, which provides an affirmative defense for trades made according to a set schedule or formula. The total disposed position was 7,665 Class A shares executed on 10/03/2025 across multiple trades at weighted-average prices near $150–$152.

Because the trades were made via a 10b5-1 plan, they are presented as pre-planned rather than opportunistic; however, investors often watch the remaining beneficial ownership—now reported as 467,565 shares—for ongoing alignment with shareholders over the coming months.

Insider Transactions Analyst

Small absolute sale size relative to total holding; pricing information disclosed by weighted averages.

The record breaks the sale into three line items showing weighted-average execution prices: $151.6366, $150.1569, and $151.0316. The filer states each line reflects multiple trades executed intraday and offers to provide full execution details on request.

Key monitorable items include any further Form 4s that change the reported 467,565 share holding and whether additional 10b5-1 plans are disclosed; any material future changes would appear on subsequent filings.

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)
10/03/2025

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	10/03/2025		S(1)		425	D	$151.6366(2)	474,805	I	See Footnote(3)
Class A Common Stock	10/03/2025		S(1)		1,818	D	$150.1569(4)	472,987	I	See Footnote(3)
Class A Common Stock	10/03/2025		S(1)		5,422	D	$151.0316(5)	467,565	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 $151.50 to $151.80. 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 $149.47 to $150.46. 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 $150.50 to $151.49. 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	10/06/2025
	** 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 Atlassian director Scott Farquhar sell on 10/03/2025 (TEAM)?

The filing reports that Scott Farquhar sold a total of 7,665 Class A shares on 10/03/2025 in three reported disposals.

Were the trades by the TEAM reporting person pre-planned?

Yes. The sales were effected under a Rule 10b5-1 trading plan adopted on 02/12/2025.

At what prices were the TEAM shares sold?

The reported weighted-average prices per line are $151.6366, $150.1569, and $151.0316, with intraday trade ranges disclosed in the footnotes.

How did these sales change Farquhar’s beneficial ownership of TEAM shares?

Beneficial ownership decreased from 474,805 shares to 467,565 shares after the reported transactions.

Where are the sold shares held?

The Form 4 states the shares are held by Farquhar Investment Partnership No. 2.