Atlassian (TEAM) insider Scott Farquhar sells Class A shares

Atlassian Corp (TEAM) director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on 11/21/2025.

Rhea-AI Filing Summary

Atlassian Corp (TEAM) director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on 11/21/2025. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025, with weighted-average sales prices reported for each trade, including $140.662, $146.3636, and other prices in the low-to-mid $140s per share, reflecting executions within specified intraday price ranges.

After these sales, Farquhar reported 199,290 shares of Atlassian Class A Common Stock beneficially owned indirectly through Farquhar Investment Partnership No. 2. No derivative securities were reported as acquired or disposed of in this filing.

Insider Trade Summary

Net Seller: 7,665 shares

Net Sell 7 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.10M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,000	$140.662	$141K
Sale	Class A Common Stock	700	$146.3636	$102K
Sale	Class A Common Stock	2,228	$145.7114	$325K
Sale	Class A Common Stock	1,071	$144.6686	$155K
Sale	Class A Common Stock	1,270	$143.6894	$182K
Sale	Class A Common Stock	892	$142.7726	$127K
Sale	Class A Common Stock	504	$141.6494	$71K

Holdings After Transaction: Class A Common Stock — 199,290 shares (Indirect, See Footnote)

Footnotes (9)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
2. F2. This transaction was executed in multiple trades during the day at prices ranging from $140.08 to $140.98. 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. F3. Shares are held by Farquhar Investment Partnership No. 2.
4. F4. This transaction was executed in multiple trades during the day at prices ranging from $146.27 to $146.49. 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.
5. F5. This transaction was executed in multiple trades during the day at prices ranging from $145.27 to $146.26. 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. F6. This transaction was executed in multiple trades during the day at prices ranging from $144.23 to $145.16. 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. F7. This transaction was executed in multiple trades during the day at prices ranging from $143.21 to $144.19. 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. F8. This transaction was executed in multiple trades during the day at prices ranging from $142.20 to $143.19. 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. F9. This transaction was executed in multiple trades during the day at prices ranging from $141.16 to $141.96. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The filing reports that Scott Farquhar, a director and 10% owner of Atlassian Corp (TEAM), sold multiple lots of Class A Common Stock on 11/21/2025 at various prices in the low-to-mid $140s per share.

How many Atlassian (TEAM) shares does Scott Farquhar own after the reported sales?

Following the reported transactions, Scott Farquhar beneficially owns 199,290 shares of Atlassian Class A Common Stock, held indirectly through Farquhar Investment Partnership No. 2.

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

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

What prices were reported for Scott Farquhar’s Atlassian (TEAM) share sales?

The sales were executed in multiple trades with weighted-average prices including $140.662, $146.3636, $145.7114, $144.6686, $143.6894, $142.7726, and $141.6494 per share, each reflecting intraday price ranges.

Did the Form 4 report any derivative security transactions for Atlassian (TEAM)?

No. The table for derivative securities shows no acquired or disposed derivative positions; only non-derivative Class A Common Stock sales were reported.

In what capacity is the reporting person related to Atlassian (TEAM)?

The reporting person in this Form 4 is identified as both a Director and a 10% Owner of Atlassian Corp.

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Accepted by SEC EDGAR 11/24/2025 - 06:26 PM Learn about SEC filing dates

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)
11/21/2025

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	11/21/2025		S(1)		1,000	D	$140.662(2)	205,955	I	See Footnote(3)
Class A Common Stock	11/21/2025		S(1)		700	D	$146.3636(4)	205,255	I	See Footnote(3)
Class A Common Stock	11/21/2025		S(1)		2,228	D	$145.7114(5)	203,027	I	See Footnote(3)
Class A Common Stock	11/21/2025		S(1)		1,071	D	$144.6686(6)	201,956	I	See Footnote(3)
Class A Common Stock	11/21/2025		S(1)		1,270	D	$143.6894(7)	200,686	I	See Footnote(3)
Class A Common Stock	11/21/2025		S(1)		892	D	$142.7726(8)	199,794	I	See Footnote(3)
Class A Common Stock	11/21/2025		S(1)		504	D	$141.6494(9)	199,290	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 $140.08 to $140.98. 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 $146.27 to $146.49. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $145.27 to $146.26. 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 $144.23 to $145.16. 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 $143.21 to $144.19. 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 $142.20 to $143.19. 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 $141.16 to $141.96. 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	11/24/2025
	** 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.