Atlassian (NASDAQ: TEAM) partnership sells 7,665 Class A shares in 10b5-1 plan

Q: Who actually sold Atlassian (TEAM) shares in this Form 4 filing?

The sales were made by Farquhar Investment Partnership No. 2 , which holds shares reported for Scott Farquhar. A footnote states the shares are held by this partnership, so the transactions are attributed to the entity rather than direct personal holdings.

Q: How many Atlassian (TEAM) shares were sold and at what prices?

The partnership sold a total of 7,665 Class A shares in several trades. Each line item shows a weighted-average sale price, with related footnotes describing execution price ranges generally between roughly $99 and $109 per share for the day’s transactions.

Q: How many Atlassian (TEAM) shares remain held after these insider sales?

After the reported sales, 291,270 Atlassian Class A shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2. This figure reflects the position immediately following the February 4, 2026 trades listed in the non-derivative securities table.

Q: What role does Scott Farquhar have at Atlassian (TEAM) in this Form 4?

Scott Farquhar is identified as both a director and a 10% owner of Atlassian Corp. The Form 4 lists him as the reporting person, while clarifying via footnote that the reported Class A shares are held indirectly through Farquhar Investment Partnership No. 2.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Atlassian Corp insider transactions show multiple sales of Class A common stock on February 4, 2026 by Farquhar Investment Partnership No. 2, an entity associated with director and 10% owner Scott Farquhar. The trades, executed under a pre-arranged Rule 10b5-1 plan adopted on February 12, 2025, totaled 7,665 shares sold at weighted-average prices reported between about $99 and $108 per share. Following these planned sales, the partnership indirectly held 291,270 Class A shares.

Insider Trade Summary

Net Seller: 7,665 shares

Net Sell 9 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($806K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	650	$106.2339	$69K
Sale	Class A Common Stock	150	$103.0533	$15K
Sale	Class A Common Stock	750	$107.2636	$80K
Sale	Class A Common Stock	250	$100.336	$25K
Sale	Class A Common Stock	850	$104.4266	$89K
Sale	Class A Common Stock	200	$99.1375	$20K
Sale	Class A Common Stock	3,715	$105.1556	$391K
Sale	Class A Common Stock	400	$102.0613	$41K
Sale	Class A Common Stock	700	$108.2417	$76K

Holdings After Transaction: Class A Common Stock — 291,270 shares (Indirect, See Footnote)

Footnotes (11)

F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
F10. This transaction was executed in multiple trades during the day at prices ranging from $101.45 to $102.39. 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.
F11. This transaction was executed in multiple trades during the day at prices ranging from $107.88 to $108.82. 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.
F2. This transaction was executed in multiple trades during the day at prices ranging from $105.78 to $106.56. 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.
F3. Shares are held by Farquhar Investment Partnership No. 2.
F4. This transaction was executed in multiple trades during the day at prices ranging from $102.66 to $103.55. 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.
F5. This transaction was executed in multiple trades during the day at prices ranging from $106.81 to $107.72. 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.
F6. This transaction was executed in multiple trades during the day at prices ranging from $99.95 to $100.50. 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.
F7. This transaction was executed in multiple trades during the day at prices ranging from $103.77 to $104.76. 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.
F8. This transaction was executed in multiple trades during the day at prices ranging from $98.80 to $99.47. 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.
F9. This transaction was executed in multiple trades during the day at prices ranging from $104.77 to $105.71. 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/05/2026 - 04:34 PM

FAQ

What insider transaction did Atlassian (TEAM) report on February 4, 2026?

Atlassian reported planned insider sales of Class A common stock on February 4, 2026. Farquhar Investment Partnership No. 2, linked to director and 10% owner Scott Farquhar, sold 7,665 shares across multiple trades, with weighted-average prices disclosed for each sale.

Who actually sold Atlassian (TEAM) shares in this Form 4 filing?

The sales were made by Farquhar Investment Partnership No. 2, which holds shares reported for Scott Farquhar. A footnote states the shares are held by this partnership, so the transactions are attributed to the entity rather than direct personal holdings.

How many Atlassian (TEAM) shares were sold and at what prices?

The partnership sold a total of 7,665 Class A shares in several trades. Each line item shows a weighted-average sale price, with related footnotes describing execution price ranges generally between roughly $99 and $109 per share for the day’s transactions.

How many Atlassian (TEAM) shares remain held after these insider sales?

After the reported sales, 291,270 Atlassian Class A shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2. This figure reflects the position immediately following the February 4, 2026 trades listed in the non-derivative securities table.

Was the Atlassian (TEAM) insider sale part of a Rule 10b5-1 trading plan?

Yes. A footnote explains the February 4, 2026 sale was effected under a Rule 10b5-1 trading plan. That plan was adopted by the reporting person on February 12, 2025, pre-scheduling the trades independent of day-to-day market conditions.

What role does Scott Farquhar have at Atlassian (TEAM) in this Form 4?

Scott Farquhar is identified as both a director and a 10% owner of Atlassian Corp. The Form 4 lists him as the reporting person, while clarifying via footnote that the reported Class A shares are held indirectly through Farquhar Investment Partnership No. 2.

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^*

Farquhar Scott

(Last)

(First)

(Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO

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)
02/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/04/2026		S⁽¹⁾		650	D	$106.2339⁽²⁾	298,285	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		150	D	$103.0533⁽⁴⁾	298,135	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		750	D	$107.2636⁽⁵⁾	297,385	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		250	D	$100.336⁽⁶⁾	297,135	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		850	D	$104.4266⁽⁷⁾	296,285	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		200	D	$99.1375⁽⁸⁾	296,085	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		3,715	D	$105.1556⁽⁹⁾	292,370	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		400	D	$102.0613⁽¹⁰⁾	291,970	I	See Footnote⁽³⁾
Class A Common Stock	02/04/2026		S⁽¹⁾		700	D	$108.2417⁽¹¹⁾	291,270	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $105.78 to $106.56. 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 $102.66 to $103.55. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $106.81 to $107.72. 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 $99.95 to $100.50. 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 $103.77 to $104.76. 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.

8. This transaction was executed in multiple trades during the day at prices ranging from $98.80 to $99.47. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $104.77 to $105.71. 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.

10. This transaction was executed in multiple trades during the day at prices ranging from $101.45 to $102.39. 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.

11. This transaction was executed in multiple trades during the day at prices ranging from $107.88 to $108.82. 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	02/05/2026
	** 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.

Source: View Original Filing on SEC EDGAR