Atlassian (NASDAQ: TEAM) director Farquhar reports Rule 10b5-1 stock sales

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar, through Farquhar Investment Partnership No. 2, reported multiple open-market sales of Atlassian Class A common stock on January 16, 2026. The transactions, each coded as a sale, ranged from 100 to 2,131 shares at weighted-average prices such as $123.955 and $125.45, executed in multiple trades during the day.

All sales were made under a Rule 10b5-1 trading plan adopted on February 12, 2025, indicating they were pre-arranged rather than discretionary trades on that date. After the reported transactions, Farquhar’s indirect beneficial ownership through Farquhar Investment Partnership No. 2 stood at 383,250 Class A shares.

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
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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)
01/16/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/16/2026		S(1)		100	D	$123.955(2)	390,815	I	See Footnote(3)
Class A Common Stock	01/16/2026		S(1)		150	D	$125.45(4)	390,665	I	See Footnote(3)
Class A Common Stock	01/16/2026		S(1)		900	D	$122.0784(5)	389,765	I	See Footnote(3)
Class A Common Stock	01/16/2026		S(1)		1,900	D	$122.8284(6)	387,865	I	See Footnote(3)
Class A Common Stock	01/16/2026		S(1)		2,131	D	$118.7736(7)	385,734	I	See Footnote(3)
Class A Common Stock	01/16/2026		S(1)		1,552	D	$119.6308(8)	384,182	I	See Footnote(3)
Class A Common Stock	01/16/2026		S(1)		932	D	$121.0574(9)	383,250	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 $123.83 to $124.08. 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 $125.34 to $125.53. 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 $121.46 to $122.44. 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 $122.48 to $123.44. 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 $118.28 to $119.25. 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 $119.31 to $120.14. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $120.41 to $121.38. 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	01/16/2026
	** 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.
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FAQ

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

The filing reports that Scott Farquhar, a director and 10% owner of Atlassian Corp, had multiple open-market sales of Class A common stock on January 16, 2026, all reported as sale transactions.

Who actually held the Atlassian shares involved in these transactions?

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

Were Scott Farquhar’s Atlassian share sales under a Rule 10b5-1 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.

What prices were reported for the Atlassian (TEAM) insider sales?

The sales were reported at weighted-average prices including $123.955, $125.45, $122.0784, and other amounts, with each price representing multiple trades within specified intraday ranges.

How many Atlassian shares does Scott Farquhar still beneficially own after these sales?

After the last reported transaction on January 16, 2026, the Form 4 shows 383,250 Atlassian Class A shares beneficially owned indirectly through Farquhar Investment Partnership No. 2.

Are these Atlassian insider transactions direct or indirect holdings?

The transactions are reported as indirect ownership (column marked "I"), with a footnote stating the shares are held by Farquhar Investment Partnership No. 2.