[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Atlassian Corp (TEAM) director and reported 10% owner Farquhar Scott sold shares under a Rule 10b5-1 plan on 09/25/2025. The filings show four dispositions totaling 7,665 shares at weighted-average prices ranging about $160.85 to $163.69 per share. After these sales, the reporting person beneficially owned 22,995 shares indirectly through Farquhar Investment Partnership No. 2. The Form 4 discloses the sales were effected under a trading plan adopted February 12, 2025, and the transactions were executed in multiple trades that day.

Positive

• Sales executed under a Rule 10b5-1 trading plan, indicating pre-arranged transactions
• Full Form 4 disclosure with weighted-average prices and offer to provide trade-level details on request

Negative

• Director and reported 10% owner reduced holdings, selling 7,665 shares and lowering indirect ownership to 22,995 shares
• Concentration via partnership (Farquhar Investment Partnership No. 2) means changes in partnership holdings may materially affect reported insider ownership

Insights

Financial Analyst

TL;DR: Director sold 7,665 TEAM shares via a pre-arranged 10b5-1 plan, reducing indirect holdings to 22,995 shares.

The transactions are routine in form: multiple block trades executed the same day under a 10b5-1 plan, which typically signals pre-scheduled sales rather than ad-hoc disposals. The amounts and prices are explicitly disclosed and the filer offers to provide trade-level details on request. From an investor-impact perspective this is informational rather than operational: no company performance metrics or material corporate events are disclosed here.

Corporate Governance Expert

TL;DR: Insider compliance appears proper; sales were made under a documented 10b5-1 plan and were disclosed on Form 4.

The Form 4 identifies the reporting person as both a director and a >10% owner and documents the use of a 10b5-1 trading plan adopted on February 12, 2025. That structure generally mitigates concerns about trading on material nonpublic information, provided the plan was adopted in compliance with company policies. The filing also discloses indirect ownership through a partnership vehicle, which is important for ownership attribution.

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).

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)
09/25/2025

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	09/25/2025		S(1)		650	D	$163.6883(2)	30,010	I	See Footnote(3)
Class A Common Stock	09/25/2025		S(1)		2,304	D	$162.1072(4)	27,706	I	See Footnote(3)
Class A Common Stock	09/25/2025		S(1)		4,261	D	$162.8483(5)	23,445	I	See Footnote(3)
Class A Common Stock	09/25/2025		S(1)		450	D	$160.8456(6)	22,995	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 $163.45 to $163.99. 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.

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 $161.44 to $162.43. 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 $162.45 to $163.43. 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 $160.34 to $161.26. 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 /Drew Parkes, Attorney-in-Fact for Farquhar Scott	09/26/2025
	** 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 Farquhar Scott disclose in the TEAM Form 4 filed for 09/25/2025?

The Form 4 discloses four sales on 09/25/2025 totaling 7,665 Class A shares at weighted-average prices between about $160.85 and $163.69, executed under a 10b5-1 plan.

How much TEAM stock does Farquhar Scott own after the reported sales?

Following the reported transactions, the filing states the reporting person beneficially owned 22,995 shares indirectly through Farquhar Investment Partnership No. 2.

Were the sales part of a pre-arranged trading plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.

Does the filing provide per-trade execution details?

The filing reports weighted-average prices and price ranges for each block and states the reporting person will provide full trade-level information upon request to the SEC staff, the issuer, or a security holder.

Is the ownership direct or indirect according to the Form 4?

The Form 4 reports indirect beneficial ownership via Farquhar Investment Partnership No. 2.