[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Gene Liu, Chief Accounting Officer of Atlassian Corporation (TEAM), reported multiple dispositions of Class A common stock on 08/14/2025. The Form 4 shows several sales executed that day to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs). The sales were executed in multiple trades at varying prices: one group between $160.20 and $161.19, another between $164.20 and $164.94, another between $161.20 and $162.19, another between $162.20 and $163.19, and another between $163.20 and $164.19. Aggregate reported disposals appear on separate lines with resulting beneficial ownership levels reported in the Form 4. The filing is signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Clear disclosure of the reason for sales (to satisfy tax withholding on vested RSUs)
• Transaction price ranges provided for each group of trades, with an undertaking to supply detailed trade information upon request
• Form filed promptly and signed by attorney-in-fact, indicating compliance with reporting rules

Negative

• Officer sold shares (multiple dispositions reported) which reduces insider holdings
• Form does not provide exact share counts per price point within each multi-trade group without requesting further detail

Insights

Corporate Governance Expert

TL;DR: Routine sell-to-cover sales for RSU tax withholding; disclosure is compliant and timely.

The Form 4 documents non-discretionary sales by a company officer to cover tax obligations on vested RSUs. The filing provides execution price ranges for each trade group and reports the beneficial ownership following each transaction, which supports transparency and compliance with Section 16 reporting requirements. There is no indication in the filing of discretionary open-market selling beyond the stated tax-withholding purpose.

Securities Analyst

TL;DR: Multiple small sell-to-cover transactions were disclosed; impact on float and control is immaterial based on sizes shown.

The Form 4 lists several relatively small dispositions executed intra-day at prices from about $160.20 to $164.94. These sales were explicitly to satisfy tax withholding for RSU settlement, not described as voluntary liquidity events. The filing includes commitments to provide detailed trade-level information upon request, which is standard practice. Reported post-transaction beneficial ownership balances are included on each line, enabling investors to track changes in the officer's holdings.

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^*

LIU GENE

(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 Accounting 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)		17	D	$160.7541(2)	51,343	D
Class A Common Stock	08/14/2025		S(1)		181	D	$164.363(3)	51,162	D
Class A Common Stock	08/14/2025		S(1)		41	D	$161.8546(4)	51,121	D
Class A Common Stock	08/14/2025		S(1)		195	D	$162.7254(5)	50,926	D
Class A Common Stock	08/14/2025		S(1)		331	D	$163.6593(6)	50,595	D
Class A Common Stock								120	I	By spouse

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 $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.

3. 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.

4. 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.

5. 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.

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 LIU GENE	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) officer Gene Liu disclose on Form 4?

The filing reports multiple sales of Class A common stock on 08/14/2025 to cover tax withholding for vested RSUs.

Why were the shares sold according to the Form 4?

The sales were made to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.

What price ranges were reported for the trades?

Price ranges reported across trade groups were approximately $160.20–$161.19, $164.20–$164.94, $161.20–$162.19, $162.20–$163.19, and $163.20–$164.19.

Who signed the Form 4 for Gene Liu?

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

Does the Form 4 show remaining beneficial ownership after the sales?

Yes; the filing reports the beneficial ownership balances following the reported transactions on each line, as presented in the Form 4.