Atlassian TEAM insider updates holdings after small RSU tax sale

Rhea-AI Filing Summary

Atlassian Corp (TEAM) reported a small insider share sale by its Chief Accounting Officer on a Form 4. On 11/19/2025, the officer sold a total of 92 shares of Class A common stock in several transactions at weighted-average prices of about $149.6166, $148.6424, $147.6287, and $146.6924. According to the notes, these sales were made solely to cover tax withholding obligations related to the vesting and settlement of restricted stock units and are described as non-discretionary.

After these transactions, the officer directly beneficially owns 58,071 shares of Class A common stock and indirectly beneficially owns 120 shares held by a spouse.

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

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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).

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^*

LIU GENE

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

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	11/19/2025		S(1)		7	D	$149.6166(2)	58,156	D
Class A Common Stock	11/19/2025		S(1)		8	D	$148.6424(3)	58,148	D
Class A Common Stock	11/19/2025		S(1)		35	D	$147.6287(4)	58,113	D
Class A Common Stock	11/19/2025		S(1)		42	D	$146.6924(5)	58,071	D
Class A Common Stock								120	I	See Footnote(6)

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. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

2. This transaction was executed in multiple trades during the day at prices ranging from $149.22 to $150.09. 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. This transaction was executed in multiple trades during the day at prices ranging from $148.22 to $149.21. 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.

4. This transaction was executed in multiple trades during the day at prices ranging from $147.22 to $148.21. 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 $146.22 to $147.21. 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. Shares are held by spouse.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for LIU GENE	11/20/2025
	** 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 did Atlassian (TEAM) disclose in this Form 4 filing?

The filing reports that Atlassian's Chief Accounting Officer sold small amounts of Class A common stock on 11/19/2025 and updated their beneficial ownership.

How many Atlassian (TEAM) shares did the officer sell on 11/19/2025?

The officer sold a total of 92 shares of Atlassian Class A common stock across several same-day transactions.

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

The reported weighted-average sale prices were about $149.6166, $148.6424, $147.6287, and $146.6924 per share, each executed in multiple trades within stated intraday price ranges.

Why were the Atlassian (TEAM) shares sold by the Chief Accounting Officer?

The shares were sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs, via a "sell to cover" arrangement, and are described as not being discretionary transactions by the officer.

How many Atlassian (TEAM) shares does the officer own after the reported sales?

Following the transactions, the officer beneficially owns 58,071 shares of Class A common stock directly and 120 shares indirectly through a spouse.

Does this Form 4 indicate any derivative securities for the Atlassian (TEAM) insider?

The derivative securities table is present but shows no derivative transactions or balances for this reporting period.