Atlassian (TEAM) director and 10% owner logs planned stock sales

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar reported multiple open-market sales of Atlassian Class A common stock on December 17, 2025. The transactions were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025, which pre-schedules trades to help avoid concerns about trading on non-public information.

The reported sales included blocks of 1,926 shares at a weighted-average price of $163.4612, 3,275 shares at $162.5645, 532 shares at $165.3641, 1,076 shares at $164.385, and 856 shares at $161.8652, each executed in multiple trades within stated intraday price ranges. Following these transactions, 68,985 shares of Atlassian Class A common stock are reported as beneficially owned indirectly through Farquhar Investment Partnership No. 2.

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)
12/17/2025

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	12/17/2025		S(1)		1,926	D	$163.4612(2)	74,724	I	See Footnote(3)
Class A Common Stock	12/17/2025		S(1)		3,275	D	$162.5645(4)	71,449	I	See Footnote(3)
Class A Common Stock	12/17/2025		S(1)		532	D	$165.3641(5)	70,917	I	See Footnote(3)
Class A Common Stock	12/17/2025		S(1)		1,076	D	$164.385(6)	69,841	I	See Footnote(3)
Class A Common Stock	12/17/2025		S(1)		856	D	$161.8652(7)	68,985	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 $163.06 to $164.01. 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 $162.06 to $163.05. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $165.08 to $165.55. 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 $164.08 to $165.07. 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 $161.05 to $162.01. 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	12/18/2025
	** 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.
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FAQ

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, sold multiple blocks of Class A common stock on December 17, 2025 in open-market transactions.

How many Atlassian (TEAM) shares did Scott Farquhar sell and at what prices?

The reported sales include 1,926 shares at a weighted-average price of $163.4612, 3,275 shares at $162.5645, 532 shares at $165.3641, 1,076 shares at $164.385, and 856 shares at $161.8652. Each line was executed in multiple trades within specified intraday price ranges.

How many Atlassian (TEAM) shares does Scott Farquhar beneficially own after these transactions?

After the reported transactions, 68,985 shares of Atlassian Class A common stock are shown as beneficially owned, held indirectly through Farquhar Investment Partnership No. 2.

Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025, which pre-arranges trades under specified conditions.

What is Scott Farquhar’s relationship to Atlassian (TEAM)?

The filing identifies the reporting person as both a Director and a 10% Owner of Atlassian Corp, indicating significant insider ownership.

Where are the indirectly held Atlassian (TEAM) shares held?

The filing explains that the reported shares are held through Farquhar Investment Partnership No. 2, which is listed as the entity holding the indirectly owned shares.