Atlassian (TEAM) insider sells 7,665 shares at $148–$156

Q: What did TEAM director Scott Farquhar sell on 10/06/2025?

He sold 7,665 shares of Class A common stock in eight tranches on 10/06/2025, as reported on Form 4.

Q: Were the 10/06/2025 sales by TEAM completed under a trading plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 02/12/2025.

Q: How are the sold shares held according to the Form 4?

The shares are held indirectly through Farquhar Investment Partnership No. 2, per the Form 4 footnote.

Q: Who signed the Form 4 for Scott Farquhar?

The Form 4 is signed by Veena Bhatia, Attorney-in-Fact for Scott Farquhar on 10/07/2025.

Filing summary: A Form 4 shows that director and 10% owner Scott Farquhar executed multiple sales of Class A common stock of Atlassian Corporation (TEAM) on 10/06/2025.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Filing summary: A Form 4 shows that director and 10% owner Scott Farquhar executed multiple sales of Class A common stock of Atlassian Corporation (TEAM) on 10/06/2025. The report lists eight sale tranches totaling 7,665 shares, with tranche weighted-average prices ranging from $148.46 to $155.61 and reported prices per tranche between $149.0898 and $156.33. The shares are held indirectly through Farquhar Investment Partnership No. 2. The transactions were effected under a Rule 10b5-1 trading plan adopted on 02/12/2025, and the Form is signed by an attorney-in-fact on 10/07/2025.

Positive

Trades executed under a Rule 10b5-1 plan adopted on 02/12/2025, which provides an affirmative defense for pre-planned transactions
Reporting transparency: footnotes disclose intraday price ranges and offer to provide transaction-level details on request

Negative

Insider sold 7,665 Class A shares on 10/06/2025, reducing indirect holdings reported in the Form
Sales were sizable in absolute terms (multiple tranches across the trading day), which could attract investor attention regarding insider liquidity

Insights

Director sold a small portion of indirect stake under a pre-set 10b5-1 plan.

The reporting person, a director and 10% owner, executed multiple sales of 7,665 Class A shares on 10/06/2025, with holdings reported indirectly through an investment partnership. Use of a Rule 10b5-1 plan (adopted 02/12/2025) provides an affirmative defense for trades made under a pre-established written plan.

Monitor confirmations or amendments to the plan and any future Forms 4 over the next 90 days for pattern changes in disposition behavior that could affect governance signaling.

Trades were split across eight tranches at varying intraday weighted prices.

Footnotes report tranche-weighted prices between $148.46 and $155.61, and specific reported prices per tranche from $149.0898 to $156.33. The filer states willingness to provide transaction-level details on request to the SEC staff or holders.

Investors often watch whether such sales follow a regular schedule; here the stated 10b5-1 plan date (02/12/2025) is the key milestone to reference when assessing whether future sales are consistent with pre-authorized instructions.

Insider Trade Summary

Net Seller: 7,665 shares

Net Sell 8 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.16M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	550	$151.0538	$83K
Sale	Class A Common Stock	50	$156.33	$8K
Sale	Class A Common Stock	250	$155.3859	$39K
Sale	Class A Common Stock	2,600	$149.0898	$388K
Sale	Class A Common Stock	850	$153.0716	$130K
Sale	Class A Common Stock	2,065	$149.845	$309K
Sale	Class A Common Stock	500	$154.2551	$77K
Sale	Class A Common Stock	800	$151.8408	$121K

Holdings After Transaction: Class A Common Stock — 459,900 shares (Indirect, See Footnote)

Footnotes (9)

F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
F2. This transaction was executed in multiple trades during the day at prices ranging from $150.52 to $151.50. 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.
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 $155.26 to $155.61. 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 $148.46 to $149.45. 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 $152.64 to $153.59. 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 $149.47 to $150.24. 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 $153.91 to $154.67. 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 $151.56 to $152.32. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did TEAM director Scott Farquhar sell on 10/06/2025?

He sold 7,665 shares of Class A common stock in eight tranches on 10/06/2025, as reported on Form 4.

Were the 10/06/2025 sales by TEAM completed under a trading plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 02/12/2025.

At what prices were the TEAM shares sold on 10/06/2025?

Footnotes report tranche-weighted prices ranging from $148.46 to $155.61, with reported per-tranche prices between $149.0898 and $156.33.

How are the sold shares held according to the Form 4?

The shares are held indirectly through Farquhar Investment Partnership No. 2, per the Form 4 footnote.

Who signed the Form 4 for Scott Farquhar?

The Form 4 is signed by Veena Bhatia, Attorney-in-Fact for Scott Farquhar on 10/07/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 10/07/2025 - 04:30 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)
10/06/2025

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)
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	10/06/2025		S⁽¹⁾		550	D	$151.0538⁽²⁾	467,015	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		50	D	$156.33	466,965	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		250	D	$155.3859⁽⁴⁾	466,715	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		2,600	D	$149.0898⁽⁵⁾	464,115	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		850	D	$153.0716⁽⁶⁾	463,265	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		2,065	D	$149.845⁽⁷⁾	461,200	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		500	D	$154.2551⁽⁸⁾	460,700	I	See Footnote⁽³⁾
Class A Common Stock	10/06/2025		S⁽¹⁾		800	D	$151.8408⁽⁹⁾	459,900	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 $150.52 to $151.50. 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.

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 $155.26 to $155.61. 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 $148.46 to $149.45. 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 $152.64 to $153.59. 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 $149.47 to $150.24. 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 $153.91 to $154.67. 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 $151.56 to $152.32. 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	10/07/2025
	** 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.

Source: View Original Filing on SEC EDGAR

Atlassian (TEAM) insider sells 7,665 shares at $148–$156