Atlassian (TEAM) director Farquhar Scott sells Class A shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Farquhar Scott reported multiple open-market sales of Class A Common Stock on 01/27/2026 under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025. The reported sale prices range from about $132 to $139 per share, executed in numerous trades during the day.

All transactions are reported as indirectly owned, with the shares held by Farquhar Investment Partnership No. 2. Following the last reported sale, Farquhar is shown as indirectly beneficially owning 337,260 Class A shares through this partnership.

Insider Trade Summary

Net Seller: 7,665 shares ($1,021,727)

Net Sell 8 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.02M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,164	$133.6878	$289K
Sale	Class A Common Stock	3,651	$132.9433	$485K
Sale	Class A Common Stock	100	$136.615	$14K
Sale	Class A Common Stock	250	$134.582	$34K
Sale	Class A Common Stock	50	$138.33	$7K
Sale	Class A Common Stock	50	$137.18	$7K
Sale	Class A Common Stock	1,250	$132.0375	$165K
Sale	Class A Common Stock	150	$139.4733	$21K

Holdings After Transaction: Class A Common Stock — 342,761 shares (Indirect, See Footnote)

Footnotes (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 $133.41 to $134.33. 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 $132.40 to $133.39. 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. This transaction was executed in multiple trades during the day at prices ranging from $136.13 to $137.10. 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 $134.47 to $134.68. 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. This transaction was executed in multiple trades during the day at prices ranging from $131.40 to $132.37. 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 $139.45 to $139.50. 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.

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Form 4 Insider Transactions: What Each Field Means →

01/28/2026 - 06:08 PM

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)
01/27/2026

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	01/27/2026		S⁽¹⁾		2,164	D	$133.6878⁽²⁾	342,761	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		3,651	D	$132.9433⁽⁴⁾	339,110	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		100	D	$136.615⁽⁵⁾	339,010	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		250	D	$134.582⁽⁶⁾	338,760	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		50	D	$138.33	338,710	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		50	D	$137.18	338,660	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		1,250	D	$132.0375⁽⁷⁾	337,410	I	See Footnote⁽³⁾
Class A Common Stock	01/27/2026		S⁽¹⁾		150	D	$139.4733⁽⁸⁾	337,260	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 $133.41 to $134.33. 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 $132.40 to $133.39. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $136.13 to $137.10. 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 $134.47 to $134.68. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $131.40 to $132.37. 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.

8. This transaction was executed in multiple trades during the day at prices ranging from $139.45 to $139.50. 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.

Remarks:

	/s /Drew Parkes, Attorney-in-Fact for Farquhar Scott	01/28/2026
	** 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

FAQ

What insider transaction did Atlassian (TEAM) report on this Form 4?

Atlassian reported that director and 10% owner Farquhar Scott sold Class A Common Stock on January 27, 2026. The sales were open-market transactions executed in multiple trades during the day at prices generally between about $132 and $139 per share.

How many Atlassian (TEAM) shares does Farquhar Scott hold after these sales?

After the reported transactions, Farquhar Scott is shown as indirectly beneficially owning 337,260 Atlassian Class A Common Stock shares. These shares are held through Farquhar Investment Partnership No. 2, as disclosed in the footnotes to the Form 4 filing.

Were the Atlassian (TEAM) insider sales made under a 10b5-1 trading 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. Such plans pre-schedule trades, allowing insiders to sell shares according to predetermined instructions.

On what date did the Atlassian (TEAM) insider transactions occur and at what prices?

All reported transactions occurred on January 27, 2026. The Form 4 notes weighted-average sale prices for separate blocks, with trades executed within daily ranges including $133.41–$134.33, $132.40–$133.39, $131.40–$132.37, and up to about $139.50 per share.

How is Farquhar Scott’s ownership in Atlassian (TEAM) structured?

The Form 4 lists Farquhar Scott’s ownership of Atlassian Class A shares as indirect. A footnote explains that the shares are held by Farquhar Investment Partnership No. 2, and the post-transaction balance of 337,260 shares is reported as indirectly beneficially owned.

What role does Farquhar Scott have at Atlassian (TEAM) according to the Form 4?

According to the Form 4, Farquhar Scott is identified as both a director and a 10% owner of Atlassian Corp. This dual status requires prompt reporting of transactions in the company’s equity securities under U.S. securities regulations governing insiders.