[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

Farquhar Scott, a director and reported >10% owner of Atlassian Corporation (TEAM), reported multiple open-market sales of Class A common stock executed on 10/08/2025 under a previously adopted Rule 10b5-1 trading plan. The filings list four 10b5-1 dispositions totaling 7,665 shares sold at weighted-average prices ranging from $149.72 to $152.63, with the reported weighted-average prices for individual lots shown on the form. Following these transactions, the Reporting Person (via Farquhar Investment Partnership No. 2) is shown as beneficially owning 444,570 shares of Class A common stock. The Form 4 is signed by an attorney-in-fact and cites the 10b5-1 plan adoption date of 02/12/2025.

Positive

• Transactions executed under a Rule 10b5-1 plan, indicating pre-planned sales adopted on 02/12/2025
• Reporting Person retains substantial indirect ownership of 444,570 shares via Farquhar Investment Partnership No. 2

Negative

• Insider disposed of 7,665 shares on 10/08/2025, representing a realized liquidity event
• Multiple intra-day trades were executed at varying prices, which may complicate simple interpretation of timing

Insights

Governance & Insider Trading Analyst

Insider sales were executed under a pre-set 10b5-1 plan, reducing holdings but leaving a large retained stake.

These sales were reported as Rule 10b5-1-plan transactions adopted on 02/12/2025, which indicates the trades were pre‑arranged rather than opportunistic market timing. The total disclosed disposals equal 7,665 shares executed across multiple intra‑day trades at weighted prices between $149.72 and $152.63.

The remaining beneficial ownership is reported as 444,570 shares held indirectly via Farquhar Investment Partnership No. 2. Watch for any subsequent Forms 4 that would amend the ownership totals or disclose additional plan details; near-term filings would clarify whether similar planned sales remain active.

Equity Markets Impact Analyst

Reported sale size is modest relative to total company float but is a concrete insider liquidity event.

Combined disposals of 7,665 shares represent a defined liquidity action by a significant insider; however, the filing shows continued large indirect ownership, which preserves alignment with shareholders. The trades occurred at prices in the $149–$153 range, providing transparent execution pricing.

Material market impact depends on outstanding float and timing; investors should note the use of a 10b5-1 plan when interpreting insider activity and check for any additional scheduled dispositions in future filings within the next quarter.

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)
10/08/2025

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	10/08/2025		S(1)		1,679	D	$151.9722(2)	450,556	I	See Footnote(3)
Class A Common Stock	10/08/2025		S(1)		1,450	D	$150.5896(4)	449,106	I	See Footnote(3)
Class A Common Stock	10/08/2025		S(1)		1,450	D	$152.6292(5)	447,656	I	See Footnote(3)
Class A Common Stock	10/08/2025		S(1)		3,086	D	$149.7189(6)	444,570	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 $151.34 to $152.33. 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 $150.21 to $150.90. 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 $152.37 to $153.07. 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 $149.18 to $150.16. 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	10/09/2025
	** 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 Farquhar Scott report on Form 4 for TEAM?

Farquhar Scott reported selling 7,665 shares of Class A common stock on 10/08/2025 under a Rule 10b5-1 plan and now beneficially owns 444,570 shares indirectly.

Were the sales pre-planned or discretionary for TEAM insider sales?

The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on 02/12/2025, indicating pre-planned transactions.

At what prices were the TEAM shares sold?

The reported weighted-average prices for the lots ranged roughly between $149.72 and $152.63, with intra-day trade price ranges disclosed in the form.

How is the remaining ownership held after the reported TEAM sales?

Remaining shares are held indirectly through Farquhar Investment Partnership No. 2, totaling 444,570 shares as reported.

Who signed the Form 4 for these TEAM transactions?

The Form 4 was signed by Veena Bhatia, Attorney-in-Fact for Farquhar Scott on 10/09/2025.