[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Atlassian insider sale by Farquhar Scott — This Form 4 shows Director and 10% owner Farquhar Scott sold a total of 7,665 shares of Atlassian Class A common stock on 09/15/2025 across three transactions: 3,537 shares at a weighted-average price of $175.04, 3,758 shares at $174.0082, and 370 shares at $175.9427. After these sales the reporting person beneficially owned 88,443, 84,685, and 84,315 shares respectively as listed per line items, with holdings identified as held by Farquhar Investment Partnership No. 2. The filings note the sales were made pursuant to a Rule 10b5-1 trading plan adopted February 12, 2025, and indicate multiple trades executed within reported price ranges. The form is signed by Drew Parkes, Attorney-in-Fact.

Positive

• Sales executed under a Rule 10b5-1 plan adopted February 12, 2025, indicating preplanned trades
• Detailed disclosure of weighted-average prices, price ranges, and exact share counts for each transaction
• Beneficial ownership identified (Farquhar Investment Partnership No. 2), improving transparency

Negative

• Director and 10% owner sold shares (totaling 7,665 shares), which may be perceived negatively by some investors
• Indirect holdings changed after the transactions as reported on multiple line items, reflecting a reduction in reported beneficial ownership on those lines

Insights

Financial Analyst

TL;DR Insider sold 7,665 TEAM shares under a Rule 10b5-1 plan; transaction is disclosed and routine.

The report documents sales totaling 7,665 shares executed on 09/15/2025 at reported weighted-average prices ranging from $174.0082 to $175.9427. The use of a Rule 10b5-1 plan suggests the trades were preplanned rather than opportunistic. Holdings are reported as held indirectly by Farquhar Investment Partnership No. 2. This disclosure reduces informational asymmetry for investors by clarifying quantity, price ranges, and the existence of a trading plan.

Corporate Governance Expert

TL;DR Director and 10% owner executed prearranged sales; disclosure follows Section 16 requirements and includes required explanatory details.

The Form 4 identifies the reporting person as both a director and a 10% owner and states the sales were effected under a 10b5-1 plan adopted February 12, 2025. The filing provides weighted-average prices and price ranges and confirms shares are held by an investment partnership, meeting common governance disclosure standards. The signature by an attorney-in-fact is included, completing the required attestations.

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).

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)
09/15/2025

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	09/15/2025		S(1)		3,537	D	$175.04(2)	88,443	I	See Footnote(3)
Class A Common Stock	09/15/2025		S(1)		3,758	D	$174.0082(4)	84,685	I	See Footnote(3)
Class A Common Stock	09/15/2025		S(1)		370	D	$175.9427(5)	84,315	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 $174.54 to $175.53. 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.

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 $173.52 to $174.51. 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 $175.54 to $176.41. 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	09/16/2025
	** 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

When did Farquhar Scott sell TEAM shares?

The reported transactions occurred on 09/15/2025.

How many TEAM shares were sold by Farquhar Scott on the Form 4?

A total of 7,665 shares were sold (3,537 + 3,758 + 370).

At what prices were the TEAM shares sold?

Weighted-average prices reported are $175.04, $174.0082, and $175.9427; price ranges for the trades are provided in the footnotes.

What is the reporting person’s relationship to TEAM?

The Form 4 lists Farquhar Scott as a Director and a 10% Owner of Atlassian (TEAM).

Were the trades part of a prearranged plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.

Who holds the reported shares after the transactions?

The filing states the shares are held by Farquhar Investment Partnership No. 2 as the indirect owner.