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  4. [Form 4] Atlassian Corp Insider Trading Activity

Atlassian (NASDAQ: TEAM) director and 10% owner sells shares

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

Rhea-AI Filing Summary

Atlassian Corp reported insider share sales by a director and 10% owner. On December 16, 2025, the reporting person sold multiple blocks of Atlassian Class A Common Stock at weighted-average prices including $161.0446 and $159.8811 per share. The sales are reported as open-market transactions.

These trades were carried out under a Rule 10b5-1 trading plan adopted on February 12, 2025, which pre-schedules transactions. After the reported sales, the insider beneficially owns 76,650 shares of Atlassian Class A Common Stock, held indirectly through Farquhar Investment Partnership No. 2.

Positive

  • None.

Negative

  • None.
Insider Farquhar Scott
Role Director, 10% Owner
Sold 7,665 shs ($1.23M)
Type Security Shares Price Value
Sale Class A Common Stock 1,371 $161.0446 $221K
Sale Class A Common Stock 3,130 $159.8811 $500K
Sale Class A Common Stock 150 $162.69 $24K
Sale Class A Common Stock 1,663 $161.8366 $269K
Sale Class A Common Stock 1,351 $159.0263 $215K
Holdings After Transaction: Class A Common Stock — 82,944 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 $160.50 to $161.45. 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 $159.41 to $160.36. 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 $162.51 to $162.84. 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 $161.50 to $162.49. 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. This transaction was executed in multiple trades during the day at prices ranging from $158.41 to $159.41. 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.
Form 4 Insider Transactions: What Each Field Means →
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)
12/16/2025
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 12/16/2025 S(1) 1,371 D $161.0446(2) 82,944 I See Footnote(3)
Class A Common Stock 12/16/2025 S(1) 3,130 D $159.8811(4) 79,814 I See Footnote(3)
Class A Common Stock 12/16/2025 S(1) 150 D $162.69(5) 79,664 I See Footnote(3)
Class A Common Stock 12/16/2025 S(1) 1,663 D $161.8366(6) 78,001 I See Footnote(3)
Class A Common Stock 12/16/2025 S(1) 1,351 D $159.0263(7) 76,650 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 $160.50 to $161.45. 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 $159.41 to $160.36. 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 $162.51 to $162.84. 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 $161.50 to $162.49. 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.
7. This transaction was executed in multiple trades during the day at prices ranging from $158.41 to $159.41. 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/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott 12/17/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

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

The filing reports that a director and 10% owner of Atlassian Corp (TEAM) sold multiple blocks of Class A Common Stock in open-market transactions on December 16, 2025.

On what date did the Atlassian (TEAM) insider sell shares, and what was the transaction code?

The insider sales occurred on December 16, 2025 and are coded as S transactions, indicating open-market or privately negotiated sales of Atlassian Class A Common Stock.

At what prices were the Atlassian (TEAM) shares sold by the insider?

The reported weighted-average sale prices for the Atlassian Class A shares include $161.0446, $159.8811, $162.69, $161.8366, and $159.0263 per share, each executed in multiple trades within specified intraday price ranges.

How many Atlassian Corp (TEAM) shares does the insider own after these transactions?

Following the reported sales, the insider beneficially owns 76,650 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 trading 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 is the relationship of the reporting person to Atlassian Corp (TEAM)?

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