STOCK TITAN

TEAM insider transactions: 7,665 shares sold under pre-set plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Atlassian (TEAM) reported insider activity by a Director and 10% Owner on 10/20/2025. The reporting person executed open-market sales totaling 7,665 Class A shares across multiple trades, carried out under a Rule 10b5-1 trading plan adopted on February 12, 2025.

Tranches included 692, 1,193, 4,102, 250, 486, and 942 shares at reported weighted-average prices tied to intraday ranges noted in the filing. Following these transactions, 383,250 shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2. The filing identifies the insider’s relationship as Director and 10% Owner.

Positive

  • None.

Negative

  • None.

Insights

Routine insider sales under a pre-set plan; neutral impact.

The filing shows multiple open-market sales totaling 7,665 Atlassian Class A shares on 10/20/2025. These were executed pursuant to a Rule 10b5-1 plan adopted on February 12, 2025, indicating the trades were pre-arranged. The insider remains a Director and 10% Owner with indirect holdings after the transactions.

Prices are disclosed as weighted averages with intraday ranges, and ownership is listed as indirect via Farquhar Investment Partnership No. 2. Actual market impact depends on overall trading volume and holder decisions. No proceeds or use-of-proceeds details apply, as this is not an issuer sale.

Insider Farquhar Scott
Role Director, 10% Owner
Sold 7,665 shs ($1.21M)
Type Security Shares Price Value
Sale Class A Common Stock 692 $159.0897 $110K
Sale Class A Common Stock 1,193 $158.5622 $189K
Sale Class A Common Stock 4,102 $157.5692 $646K
Sale Class A Common Stock 250 $156.018 $39K
Sale Class A Common Stock 486 $153.9865 $75K
Sale Class A Common Stock 942 $155.1323 $146K
Holdings After Transaction: Class A Common Stock — 390,223 shares (Indirect, See Footnote)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. This transaction was executed in multiple trades during the day at prices ranging from $159.03 to $159.19. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $158.02 to $158.93. 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. This transaction was executed in multiple trades during the day at prices ranging from $157.00 to $157.99. 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. This transaction was executed in multiple trades during the day at prices ranging from $155.72 to $156.24. 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. This transaction was executed in multiple trades during the day at prices ranging from $153.49 to $154.46. 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. This transaction was executed in multiple trades during the day at prices ranging from $154.64 to $155.56. 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.
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)
10/20/2025
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 10/20/2025 S(1) 692 D $159.0897(2) 390,223 I See Footnote(3)
Class A Common Stock 10/20/2025 S(1) 1,193 D $158.5622(4) 389,030 I See Footnote(3)
Class A Common Stock 10/20/2025 S(1) 4,102 D $157.5692(5) 384,928 I See Footnote(3)
Class A Common Stock 10/20/2025 S(1) 250 D $156.018(6) 384,678 I See Footnote(3)
Class A Common Stock 10/20/2025 S(1) 486 D $153.9865(7) 384,192 I See Footnote(3)
Class A Common Stock 10/20/2025 S(1) 942 D $155.1323(8) 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 $159.03 to $159.19. 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.
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 $158.02 to $158.93. 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 $157.00 to $157.99. 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 $155.72 to $156.24. 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 $153.49 to $154.46. 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.
8. This transaction was executed in multiple trades during the day at prices ranging from $154.64 to $155.56. 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 10/20/2025
** 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 insider activity did TEAM disclose on this Form 4?

Open-market sales totaling 7,665 Class A shares on 10/20/2025.

Was the TEAM insider trading under a Rule 10b5-1 plan?

Yes. The sales were made under a Rule 10b5-1 plan adopted on February 12, 2025.

What were the reported prices for the TEAM share sales?

Weighted-average prices were disclosed, with intraday ranges noted for each tranche in the filing.

How many TEAM shares does the insider own after the transactions?

The insider beneficially owns 383,250 shares indirectly via Farquhar Investment Partnership No. 2.

What is the insider’s relationship to Atlassian (TEAM)?

The reporting person is a Director and 10% Owner.

Were these TEAM sales direct or indirect holdings?

The filing shows indirect ownership through Farquhar Investment Partnership No. 2.