Atlassian TEAM President reports Form 4 RSU tax-cover share sales

Rhea-AI Filing Summary

Atlassian Corporation (TEAM) reported insider share sales by its President on Form 4. On 11/14/2025, the officer executed several open-market sales of Class A common stock, each coded as an "S" transaction. The explanatory note states these sales were made solely to cover tax withholding obligations related to the vesting and settlement of restricted stock units under a "sell to cover" arrangement, and were not discretionary trades by the officer.

Individual trades occurred at weighted-average prices such as $154.7213, $150.2902, $151.3139, $151.9694, $153.053, and $154.1136, each representing multiple executions within disclosed intraday price ranges. Following the reported transactions, the reporting person beneficially owned 242,092 shares of Atlassian Class A common stock in direct ownership.

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).

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^*

BHARADWAJ ANUTTHARA

(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)
	President

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

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	11/14/2025		S(1)		230	D	$154.7213(2)	251,709	D
Class A Common Stock	11/14/2025		S(1)		391	D	$150.2902(3)	251,318	D
Class A Common Stock	11/14/2025		S(1)		800	D	$151.3139(4)	250,518	D
Class A Common Stock	11/14/2025		S(1)		5,034	D	$151.9694(5)	245,484	D
Class A Common Stock	11/14/2025		S(1)		1,822	D	$153.053(6)	243,662	D
Class A Common Stock	11/14/2025		S(1)		1,570	D	$154.1136(7)	242,092	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. 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 $154.59 to $154.89. 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 $149.59 to $150.58. 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 $150.59 to $151.58. 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 $151.59 to $152.59. 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 $152.59 to $153.58. 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 $153.59 to $154.58. 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 BHARADWAJ ANUTTHARA	11/17/2025
	** 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.
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FAQ

What did Atlassian (TEAM) disclose in this Form 4 filing?

The filing reports that an Atlassian President sold shares of Class A common stock on 11/14/2025. The sales were made to cover tax withholding obligations arising from the vesting and settlement of RSUs under a "sell to cover" arrangement, and are described as non-discretionary for the reporting person.

How many Atlassian (TEAM) shares does the insider own after the transactions?

After the reported transactions on 11/14/2025, the reporting person beneficially owned 242,092 shares of Atlassian Class A common stock, held in direct ownership according to the Form 4 table.

What were the transaction prices for the Atlassian (TEAM) insider sales?

The reported weighted-average prices for the insider sales include $154.7213, $150.2902, $151.3139, $151.9694, $153.053, and $154.1136. Each transaction note explains that trades were executed in multiple lots within intraday price ranges (for example, from $154.59 to $154.89 for one sale), and full trade details are available upon request.

Why did the Atlassian (TEAM) President sell shares according to the Form 4?

The explanation states that the sales represent shares sold by the reporting person to cover tax withholding obligations connected with RSU vesting and settlement. The sales were executed via a "sell to cover" transaction and are explicitly described as not discretionary trades by the insider.

Were any derivative securities reported in this Atlassian (TEAM) Form 4?

The Form 4 includes a section for Table II - Derivative Securities, but in this instance there are no derivative security transactions listed. All reported activity in the excerpt relates to non-derivative Class A common stock.

What role does the reporting person hold at Atlassian (TEAM)?

The reporting person is identified as an officer of Atlassian Corporation with the title President. The filing is made as a Form filed by one reporting person and reflects that individual’s ownership and transactions.