[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Scott Farquhar, a director and reported >10% owner of Atlassian Corp (TEAM), reported three Rule 10b5-1 plan sales on 09/19/2025 that collectively disposed of 7,665 shares of Class A common stock. The transactions were executed in multiple trades at weighted-average prices of $169.8467, $169.0488 and $171.0631, and were made pursuant to a 10b5-1 trading plan adopted February 12, 2025.

After these sales the filing shows Farquhar Investment Partnership No. 2 beneficially owns 53,655 Class A shares indirectly. The report was signed by an attorney-in-fact on 09/22/2025 and includes undertakings to provide trade-level price and quantity details to the SEC or issuer upon request.

Insights

Securities Analyst

TL;DR: Insider sales were preplanned under a 10b5-1 agreement and reduced indirect holdings by 7,665 shares on 09/19/2025.

The transactions appear to be routine dispositions executed under a Rule 10b5-1 trading plan adopted Feb 12, 2025, which helps insulate the reporting person from allegations of trading on material nonpublic information. Aggregate proceeds can be approximated by multiplying the 7,665 shares by the reported weighted-average prices in the filing, yielding proceeds in the low millions of dollars range. The filing notes shares are held indirectly by Farquhar Investment Partnership No. 2 and the reporter remains an indirect holder of 53,655 Class A shares after the trades. From a market-impact perspective, these sales are material at the holder level but are likely not market-moving relative to TEAM’s public float.

Corporate Governance Expert

TL;DR: The use of a documented 10b5-1 plan and disclosure of weighted-average prices and indirect ownership supports compliance and transparency.

The filing properly identifies the reporting person as a director and >10% owner and discloses the 10b5-1 plan adoption date, which aligns with best practices for prearranged insider trading. The report includes commitments to provide detailed trade execution data on request, improving transparency. No options or derivative transactions are reported. The continued indirect ownership indicates the insider retained a meaningful stake post-sale.

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)
09/19/2025

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	09/19/2025		S(1)		1,720	D	$169.8467(2)	59,600	I	See Footnote(3)
Class A Common Stock	09/19/2025		S(1)		5,595	D	$169.0488(4)	54,005	I	See Footnote(3)
Class A Common Stock	09/19/2025		S(1)		350	D	$171.0631(5)	53,655	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 $169.53 to $170.29. 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.

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 $168.53 to $169.52. 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 $170.80 to $171.55. 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 /Drew Parkes, Attorney-in-Fact for Farquhar Scott	09/22/2025
	** 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).
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