Insider entity tied to Atlassian (TEAM) director sells 7,665 shares

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar, through an entity, reported planned sales of Class A Common Stock. On February 3, 2026, Farquhar Investment Partnership No. 2 executed multiple open-market trades totaling 7,665 shares under a pre-established Rule 10b5-1 trading plan adopted on February 12, 2025.

Transaction prices ranged from about $101.62 to $109.31 per share, reported as weighted averages in several price intervals. After these indirect sales, the partnership continued to beneficially own 298,935 Atlassian Class A shares attributed to Farquhar.

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

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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).

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)
02/03/2026

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	02/03/2026		S(1)		50	D	$109.31	306,550	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		250	D	$107.86(3)	306,300	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		805	D	$102.4169(4)	305,495	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		1,350	D	$101.6207(5)	304,145	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		2,900	D	$104.7709(6)	301,245	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		1,410	D	$103.6157(7)	299,835	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		300	D	$106.9367(8)	299,535	I	See Footnote(2)
Class A Common Stock	02/03/2026		S(1)		600	D	$105.6383(9)	298,935	I	See Footnote(2)

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. Shares are held by Farquhar Investment Partnership No. 2.

3. This transaction was executed in multiple trades during the day at prices ranging from $107.41 to $108.23. 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.

4. This transaction was executed in multiple trades during the day at prices ranging from $102.08 to $102.97. 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 $101.03 to $101.99. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $104.17 to $105.14. 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 $103.17 to $104.12. 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.

8. This transaction was executed in multiple trades during the day at prices ranging from $106.37 to $107.29. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $105.21 to $106.12. 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	02/04/2026
	** 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).
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FAQ

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

The Form 4 shows indirect sales of Atlassian Class A shares linked to director and 10% owner Scott Farquhar. Through Farquhar Investment Partnership No. 2, multiple open-market transactions on February 3, 2026 sold shares at prices a little above $100 per share.

How many Atlassian (TEAM) shares were sold in the reported transactions?

The filing reports multiple separate sales totaling 7,665 Atlassian Class A shares. These trades occurred on February 3, 2026 across eight individual transactions, each with its own reported share amount and weighted-average sale price disclosed in the non-derivative securities table.

At what prices were Atlassian (TEAM) shares sold in this Form 4?

Reported sale prices for Atlassian Class A shares ranged from about $101.62 to $109.31 per share. Several trades used weighted-average prices, with detailed intraday price ranges from roughly $101.03 up to $108.23, as described in the transaction footnotes.

How many Atlassian (TEAM) shares does the insider still beneficially own?

After the reported sales, 298,935 Atlassian Class A shares remained beneficially owned indirectly. The filing attributes these holdings to Farquhar Investment Partnership No. 2, which is associated with director and 10% owner Scott Farquhar according to the ownership table and footnotes.

Were the Atlassian (TEAM) insider sales under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025. Such plans pre-schedule trades, allowing insiders to sell shares according to predetermined instructions over time.

Who actually holds the Atlassian (TEAM) shares sold in this Form 4?

The filing explains that the shares are held by Farquhar Investment Partnership No. 2. Scott Farquhar is the reporting person, a director and 10% owner of Atlassian, and the sales are reported as indirect ownership transactions through this partnership entity.