Rule 10b5-1 sales by Atlassian (TEAM) director’s partnership

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar, through Farquhar Investment Partnership No. 2, reported preset sales of Class A Common Stock on January 21, 2026 under a Rule 10b5-1 trading plan adopted on February 12, 2025. The partnership sold multiple blocks of shares, including 3,893 shares at a weighted-average price of $121.5226, in transactions executed over intraday price ranges disclosed in the footnotes. Following these sales, Farquhar Investment Partnership No. 2 held 367,920 Atlassian Class A shares indirectly for the reporting person.

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)
01/21/2026

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	01/21/2026		S(1)		3,893	D	$121.5226(2)	371,692	I	See Footnote(3)
Class A Common Stock	01/21/2026		S(1)		2,022	D	$122.2744(4)	369,670	I	See Footnote(3)
Class A Common Stock	01/21/2026		S(1)		250	D	$119.178(5)	369,420	I	See Footnote(3)
Class A Common Stock	01/21/2026		S(1)		1,300	D	$120.4811(6)	368,120	I	See Footnote(3)
Class A Common Stock	01/21/2026		S(1)		150	D	$117.8567(7)	367,970	I	See Footnote(3)
Class A Common Stock	01/21/2026		S(1)		50	D	$122.99	367,920	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 $120.96 to $121.95. 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 $121.98 to $122.91. 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 $118.88 to $119.74. 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 $119.92 to $120.89. 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 $117.51 to $118.46. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	01/22/2026
	** 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 Atlassian (TEAM) disclose in this filing?

The filing shows that an entity associated with director and 10% owner Scott Farquhar, Farquhar Investment Partnership No. 2, sold multiple blocks of Atlassian Class A Common Stock on January 21, 2026.

Who actually holds the Atlassian (TEAM) shares involved in this transaction?

The footnotes state that the shares are held by Farquhar Investment Partnership No. 2, an investment partnership associated with reporting person Scott Farquhar, and the ownership is reported as indirect.

Was the Atlassian (TEAM) stock sale part of a pre-arranged plan?

Yes. Footnote 1 explains the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025, which automates trades according to preset instructions.

At what prices were the Atlassian (TEAM) shares sold in this insider transaction?

The reported weighted-average prices include amounts such as $121.5226 and $122.2744, with actual trades during the day executed within specified ranges disclosed in the footnotes.

How many Atlassian (TEAM) shares does the reporting person’s partnership hold after the sale?

After the reported January 21, 2026 transactions, Farquhar Investment Partnership No. 2 is shown as beneficially owning 367,920 Atlassian Class A shares indirectly for the reporting person.

What role does Scott Farquhar have at Atlassian (TEAM) according to the filing?

Scott Farquhar is listed as both a director and a 10% owner of Atlassian Corp in this insider ownership report.