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  4. [Form 4] Atlassian Corp Insider Trading Activity

Atlassian CFO reports RSU tax-related stock sales and 214,951 shares held

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Atlassian Corp (TEAM) reported insider activity by its Chief Financial Officer, who filed a Form 4 for several same-day sales of Class A common stock on 11/14/2025.

The transactions were coded as open market sales and were executed in multiple small blocks, such as 838 shares at $153.053 and 2,317 shares at $151.9694, with other trades priced between roughly $149.59 and $154.89 based on intraday ranges.

According to the footnotes, these sales were made to cover tax withholding obligations triggered by the vesting and settlement of restricted stock units and are described as a “sell to cover” arrangement rather than discretionary selling. After the reported transactions, the CFO directly owned 214,951 shares of Atlassian Class A common stock.

Positive

  • None.

Negative

  • None.
Insider BINZ JOSEPH LEO
Role Chief Financial Officer
Sold 4,531 shs ($691K)
Type Security Shares Price Value
Sale Class A Common Stock 838 $153.053 $128K
Sale Class A Common Stock 722 $154.1136 $111K
Sale Class A Common Stock 106 $154.7213 $16K
Sale Class A Common Stock 180 $150.2902 $27K
Sale Class A Common Stock 368 $151.3139 $56K
Sale Class A Common Stock 2,317 $151.9694 $352K
Holdings After Transaction: Class A Common Stock — 218,644 shares (Direct)
Footnotes (1)
  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. 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. 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. 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. 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. 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. 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.
Form 4 Insider Transactions: What Each Field Means →
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)
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) 838 D $153.053(2) 218,644 D
Class A Common Stock 11/14/2025 S(1) 722 D $154.1136(3) 217,922 D
Class A Common Stock 11/14/2025 S(1) 106 D $154.7213(4) 217,816 D
Class A Common Stock 11/14/2025 S(1) 180 D $150.2902(5) 217,636 D
Class A Common Stock 11/14/2025 S(1) 368 D $151.3139(6) 217,268 D
Class A Common Stock 11/14/2025 S(1) 2,317 D $151.9694(7) 214,951 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 $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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
Remarks:
/s/ Veena Bhatia, Attorney-in-Fact for BINZ JOSEPH LEO 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.
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.

Source: View Original Filing on SEC EDGAR

FAQ

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

The filing reports that the Chief Financial Officer of Atlassian Corp (TEAM) executed several sales of Class A common stock on 11/14/2025, updating the number of shares he beneficially owns.

How many Atlassian shares does the CFO own after the 11/14/2025 transactions?

After the reported transactions on 11/14/2025, the CFO beneficially owned 214,951 shares of Atlassian Class A common stock, held directly.

Why did the Atlassian CFO sell shares according to the Form 4?

The explanation states that the sale represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs and was funded by a “sell to cover” transaction.

Were the Atlassian CFO stock sales discretionary trades?

The filing notes that the transaction “does not represent a discretionary transaction” by the reporting person, as the sales were conducted to satisfy tax withholding obligations from RSU vesting.

At what prices were the Atlassian shares sold on 11/14/2025?

Individual reported blocks include 838 shares at $153.053, 722 shares at $154.1136, 106 shares at $154.7213, 180 shares at $150.2902, 368 shares at $151.3139, and 2,317 shares at $151.9694. Footnotes state these were executed in multiple trades within daily price ranges.

What do the Form 4 footnotes say about the trade price ranges for Atlassian (TEAM)?

The footnotes explain that several transactions were executed in multiple trades during the day at prices within ranges, including $152.59–$153.58, $153.59–$154.58, $154.59–$154.89, $149.59–$150.58, $150.59–$151.58, and $151.59–$152.59.