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[Form 4] Atlassian Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atlassian Corp (TEAM) Form 4: Joseph Leo Binz, listed as an officer (Chief Financial Officer), reported receipt of 61,456 restricted stock units on 09/20/2025 under the Atlassian Amended and Restated 2015 Share Incentive Plan. Each unit represents the contingent right to one share of Class A common stock and will vest according to the award terms. The reported price is $0.00, indicating a grant rather than an open-market purchase. After the award, Binz beneficially owns 219,482 shares. The filing was signed on behalf of Binz by an attorney-in-fact on 09/23/2025. No additional details about vesting schedule or any sales/dispositions are provided in the form.

Positive

  • Executive alignment: Granted RSUs tie the CFO's compensation to long-term share performance.
  • Retention signal: A sizable equity award indicates a retention or incentive measure for senior management.

Negative

  • Undisclosed vesting/conditions: The filing does not state the vesting schedule or any performance conditions.
  • Potential dilution: Issuing 61,456 RSUs will increase share count upon vesting, though the materiality to shareholders is not specified here.

Insights

TL;DR: A routine executive equity grant increases Binz's stake and aligns compensation with long-term shareholder value.

This Form 4 reports a standard restricted stock unit award to the CFO rather than an open market transaction. The grant of 61,456 RSUs increases his beneficial holdings to 219,482 Class A shares, which supports retention and ties part of compensation to future share performance. The grant price of $0.00 confirms these are compensation units. The filing lacks vesting schedule details, so the timing and near-term dilution impact cannot be assessed from this document alone.

TL;DR: Governance appears routine: an equity award under the company plan was issued to the CFO with no unusual disclosures.

The Form 4 shows the award was made under Atlassian's 2015 Share Incentive Plan and executed as RSUs, a common governance practice to align executive incentives. The form does not disclose vesting terms, performance conditions, or whether the award was part of a new hire package, annual grant, or special grant. Because such details are absent, material governance implications (e.g., acceleration clauses or performance targets) cannot be evaluated from this filing alone.

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).
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*
BINZ JOSEPH LEO

(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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025
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 09/20/2025 A 61,456(1) A $0.00 219,482 D
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. Represents an award of restricted stock units under the Atlassian Corporation ("Atlassian") Amended and Restated 2015 Share Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Atlassian Class A common stock. The restricted stock units will vest in accordance with the terms of the underlying award.
Remarks:
/s /Drew Parkes, Attorney-in-Fact for BINZ JOSEPH LEO 09/23/2025
** 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 Joseph Leo Binz report on the Form 4 for TEAM?

He reported receipt of 61,456 restricted stock units under Atlassian's 2015 Share Incentive Plan on 09/20/2025, increasing his beneficial ownership to 219,482 shares.

Are the reported securities purchases or grants priced?

The transaction price is reported as $0.00, indicating these were granted RSUs rather than a market purchase.

Does the Form 4 disclose the RSU vesting schedule or conditions?

No. The filing states the RSUs will vest in accordance with the award terms but does not provide specific vesting dates or performance conditions.

When was the Form 4 filed and signed?

The transaction date is 09/20/2025 and the form was signed by an attorney-in-fact for Binz on 09/23/2025.

Under which plan were the RSUs granted?

The Atlassian Amended and Restated 2015 Share Incentive Plan.
Atlassian Corp Plc

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