[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Atlassian Corp (TEAM) insider sale by CFO to cover RSU taxes. Joseph Leo Binz, identified as an officer (Chief Financial Officer), reported multiple sales of 3,048 shares of Class A common stock on 08/14/2025 executed as sell-to-cover transactions tied to the vesting and settlement of RSUs.

The Form 4 shows sales in several tranches at prices ranging by tranche from $160.20 up to $164.94, with per-line reported prices between $160.7541 and $164.363. After these transactions the reporting person beneficially owned 159,741 shares. The filing states the sales were to satisfy tax withholding and were not discretionary trades by the reporting person.

Positive

• Clear disclosure of sell-to-cover transactions tied to RSU vesting and tax withholding
• Detailed execution information by tranche with price ranges and undertaking to provide trade-level details on request
• Reporting person and role (Chief Financial Officer) explicitly identified and filing signed by attorney-in-fact

Negative

• Reduction in insider holdings of 3,048 Class A shares, resulting in reported beneficial ownership of 159,741 shares

Insights

Financial Analyst

TL;DR: Routine sell-to-cover of RSU tax obligations by the CFO; not an indication of strategic disposition.

This Form 4 documents non-discretionary sales of 3,048 Class A shares executed on 08/14/2025 to satisfy tax withholding from RSU vesting. Transaction prices across multiple intraday trades are disclosed by tranche, which supports transparency around execution. The remaining beneficial ownership of 159,741 shares is reported, preserving a meaningful ownership stake. For valuation or signaling analysis, these sales should be treated as tax-driven rather than opportunistic insider selling unless further filings indicate otherwise.

Corporate Governance Expert

TL;DR: Proper disclosure of sell-to-cover RSU activity; filing appears compliant and signed by attorney-in-fact.

The Form 4 clearly identifies the reporting person, relationship to the issuer (CFO), and the non-discretionary nature of the sales tied to RSU settlement. Multiple price ranges and an undertaking to provide trade-level details on request are included, which aligns with good governance transparency. The signature by an attorney-in-fact is noted and dated 08/15/2025, completing procedural requirements. No red flags or compliance concerns are evident from the filing content alone.

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^*

BINZ JOSEPH LEO

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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	08/14/2025		S(1)		776	D	$162.7254(2)	162,013	D
Class A Common Stock	08/14/2025		S(1)		69	D	$160.7541(3)	161,944	D
Class A Common Stock	08/14/2025		S(1)		721	D	$164.363(4)	161,223	D
Class A Common Stock	08/14/2025		S(1)		164	D	$161.8546(5)	161,059	D
Class A Common Stock	08/14/2025		S(1)		1,318	D	$163.6593(6)	159,741	D

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. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

2. This transaction was executed in multiple trades during the day at prices ranging from $162.20 to $163.19. 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. This transaction was executed in multiple trades during the day at prices ranging from $160.20 to $161.19. 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.

4. This transaction was executed in multiple trades during the day at prices ranging from $164.20 to $164.94. 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 $161.20 to $162.19. 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 $163.20 to $164.19. 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 BINZ JOSEPH LEO	08/15/2025
	** 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 Atlassian (TEAM) CFO Joseph Leo Binz report on Form 4?

The CFO reported multiple sales of 3,048 Class A shares on 08/14/2025 to cover tax withholding arising from RSU vesting.

Why were the shares sold according to the Form 4 for TEAM?

The filing states the sales were sell-to-cover transactions to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs and were not discretionary.

At what prices were the TEAM shares sold?

The sales were executed in multiple trades with tranche price ranges reported between $160.20 and $164.94; per-line reported prices range from $160.7541 to $164.363.

How many TEAM shares does the reporting person own after the transactions?

The Form 4 reports beneficial ownership of 159,741 Class A shares following the reported transactions.

Who signed the Form 4 for Joseph Leo Binz?

The Form 4 is signed by Veena Bhatia, Attorney-in-Fact for Joseph Leo Binz and dated 08/15/2025.