Director and 10% owner trims Atlassian (TEAM) stake in Rule 10b5-1 sales

Rhea-AI Filing Summary

Atlassian Corp (TEAM) disclosed insider share sales by a director and 10% owner. On 11/18/2025, the reporting person sold four blocks of Atlassian Class A common stock totaling 7,665 shares at weighted-average prices between $145.9973 and $148.8565.

All transactions were coded as "S" (sales) and were made under a pre‑arranged Rule 10b5‑1 trading plan adopted on February 12, 2025. Following these sales, the reporting person indirectly beneficially owned 222,285 Class A shares, held through Farquhar Investment Partnership No. 2.

Insider Trade Summary

Net Seller: 7,665 shares ($1,131,843)

Net Sell 4 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.13M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,199	$146.974	$323K
Sale	Class A Common Stock	1,104	$145.9973	$161K
Sale	Class A Common Stock	2,030	$148.8565	$302K
Sale	Class A Common Stock	2,332	$148.0651	$345K

Holdings After Transaction: Class A Common Stock — 227,751 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 $146.45 to $147.44. 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 $145.45 to $146.37. 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 $148.49 to $149.40. 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 $147.45 to $148.44. 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.

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).

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)
11/18/2025

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	11/18/2025		S(1)		2,199	D	$146.974(2)	227,751	I	See Footnote(3)
Class A Common Stock	11/18/2025		S(1)		1,104	D	$145.9973(4)	226,647	I	See Footnote(3)
Class A Common Stock	11/18/2025		S(1)		2,030	D	$148.8565(5)	224,617	I	See Footnote(3)
Class A Common Stock	11/18/2025		S(1)		2,332	D	$148.0651(6)	222,285	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 $146.45 to $147.44. 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 $145.45 to $146.37. 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 $148.49 to $149.40. 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 $147.45 to $148.44. 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	11/19/2025
	** 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 the Atlassian (TEAM) insider report on this Form 4?

The filing reports that a director and 10% owner of Atlassian Corp (TEAM) sold 7,665 shares of Class A common stock on 11/18/2025 in four separate transactions.

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

The 7,665 Atlassian Class A shares were sold at weighted‑average prices of $146.974, $145.9973, $148.8565, and $148.0651, based on multiple trades during the day.

Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected under a Rule 10b5‑1 trading plan adopted by the reporting person on February 12, 2025.

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

After the reported transactions, the insider indirectly beneficially owned 222,285 shares of Atlassian Class A common stock.

How is the insider’s Atlassian (TEAM) ownership held?

The filing notes that the shares are held indirectly through Farquhar Investment Partnership No. 2.

What is the insider’s relationship to Atlassian (TEAM)?

The reporting person is identified as both a Director and a 10% Owner of Atlassian Corp.

Can investors obtain detailed trade prices from this Atlassian (TEAM) Form 4?

Yes. The reporting person undertakes to provide the SEC staff, issuer, or a security holder full details of share counts and prices upon request.