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Atlassian Corp (TEAM) discloses 10b5-1 insider stock sales in Form 4

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

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar, through an entity, reported multiple open-market sales of Class A Common Stock on January 12, 2026. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025, meaning the trades followed a preset schedule rather than day-to-day discretion.

The shares are held by Farquhar Investment Partnership No. 2, which is listed as the indirect owner. Individual trades included sales such as 1,435 shares at a weighted-average price of $148.3399 and 3,264 shares at $147.436, each executed in multiple smaller trades within stated price ranges. After the last reported sale, the filing shows 413,910 shares of Atlassian Class A Common Stock indirectly beneficially owned.

Positive

  • None.

Negative

  • None.
Insider Farquhar Scott
Role Director, 10% Owner
Sold 7,665 shs ($1.13M)
Type Security Shares Price Value
Sale Class A Common Stock 1,435 $148.3399 $213K
Sale Class A Common Stock 450 $144.3944 $65K
Sale Class A Common Stock 169 $145.4559 $25K
Sale Class A Common Stock 2,347 $146.6711 $344K
Sale Class A Common Stock 3,264 $147.436 $481K
Holdings After Transaction: Class A Common Stock — 420,140 shares (Indirect, See Footnote)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. This transaction was executed in multiple trades during the day at prices ranging from $148.10 to $148.68. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $144.01 to $144.83. 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. This transaction was executed in multiple trades during the day at prices ranging from $145.01 to $145.98. 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. This transaction was executed in multiple trades during the day at prices ranging from $146.04 to $147.01. 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. This transaction was executed in multiple trades during the day at prices ranging from $147.04 to $148.03. 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.
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)
01/12/2026
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 01/12/2026 S(1) 1,435 D $148.3399(2) 420,140 I See Footnote(3)
Class A Common Stock 01/12/2026 S(1) 450 D $144.3944(4) 419,690 I See Footnote(3)
Class A Common Stock 01/12/2026 S(1) 169 D $145.4559(5) 419,521 I See Footnote(3)
Class A Common Stock 01/12/2026 S(1) 2,347 D $146.6711(6) 417,174 I See Footnote(3)
Class A Common Stock 01/12/2026 S(1) 3,264 D $147.436(7) 413,910 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 $148.10 to $148.68. 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 $144.01 to $144.83. 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 $145.01 to $145.98. 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 $146.04 to $147.01. 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 $147.04 to $148.03. 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 01/13/2026
** 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 does the Atlassian (TEAM) Form 4 filing report?

The Form 4 reports that an entity associated with director and 10% owner Scott Farquhar executed multiple open-market sales of Atlassian Class A Common Stock on January 12, 2026 under a pre-arranged Rule 10b5-1 trading plan.

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

The filing states that the shares are held by Farquhar Investment Partnership No. 2. The reporting person’s beneficial ownership is listed as indirect through this partnership.

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

Yes. A footnote explains that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025, indicating they followed a preset trading schedule.

What prices were the Atlassian Class A shares sold for in this Form 4?

The reported weighted-average prices for the trades include $148.3399, $144.3944, $145.4559, $146.6711, and $147.436, with each transaction executed in multiple trades within stated daily price ranges.

How many Atlassian (TEAM) shares are shown as beneficially owned after the reported sales?

After the final reported transaction, the Form 4 shows 413,910 shares of Atlassian Class A Common Stock indirectly beneficially owned by the reporting person through Farquhar Investment Partnership No. 2.

Is this Atlassian insider transaction a direct or indirect holding for the reporting person?

The holdings are reported as indirect (I) beneficial ownership, with the nature of ownership described in the footnote stating that shares are held by Farquhar Investment Partnership No. 2.

Atlassian Corp Plc

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