[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Farquhar Scott, a director and 10% owner of Atlassian Corporation (TEAM), reported sales of Class A common stock under a Rule 10b5-1 trading plan on 08/19/2025. The filing shows five separate dispositions totaling 7,665 shares executed at weighted-average prices ranging from about $165.51 to $169.90, with reported weighted-average prices per line of $168.1681, $166.0904, $169.3254, $166.8462, and $169.83. The sales were effected pursuant to a 10b5-1 plan adopted February 12, 2025. After these transactions, beneficial ownership is reported indirectly through Farquhar Investment Partnership No. 2 with 222,285 shares beneficially owned following the final reported sale. The form is signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Trades were executed under a Rule 10b5-1 plan, providing an affirmative defense and pre-specified trading framework
• Detailed weighted-average prices disclosed for each trade, enhancing transparency
• Beneficial ownership clearly identified as held via Farquhar Investment Partnership No. 2

Negative

• Insider disposed of 7,665 shares on 08/19/2025, which may be viewed unfavorably by some investors
• Filing does not state total percentage ownership of the company, limiting context for the disposals

Insights

Financial Analyst

TL;DR: Director sold 7,665 TEAM shares under a 10b5-1 plan; remaining indirect holding reported at 222,285 shares.

The reported dispositions were executed on 08/19/2025 under a Rule 10b5-1 plan adopted 02/12/2025, which provides predefined execution parameters and an affirmative defense to insider trading claims. The filing shows execution in multiple trades with weighted-average prices disclosed for each lot. From an analytical perspective, the activity documents routine monetization under a pre-set plan rather than ad hoc trades; the size of the disposals (7,665 shares) should be evaluated relative to total outstanding holdings and typical trading patterns for TEAM to assess market impact, but that comparative data is not provided in this filing.

Corporate Governance Expert

TL;DR: Use of a 10b5-1 plan signals procedural compliance; attorney-in-fact signature completed filing on 08/20/2025.

The filing documents formal compliance steps: adoption date of the trading plan is disclosed and the transactions are reported promptly. Beneficial ownership is held indirectly through a named partnership, and the form is certified by an attorney-in-fact. These features align with governance best practices for transparent insider reporting. The filing does not disclose any amendments or deviations from the plan.

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)
08/19/2025

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	08/19/2025		S(1)		350	D	$168.1681(2)	229,600	I	See Footnote(3)
Class A Common Stock	08/19/2025		S(1)		5,315	D	$166.0904(4)	224,285	I	See Footnote(3)
Class A Common Stock	08/19/2025		S(1)		1,350	D	$169.3254(5)	222,935	I	See Footnote(3)
Class A Common Stock	08/19/2025		S(1)		500	D	$166.8462(6)	222,435	I	See Footnote(3)
Class A Common Stock	08/19/2025		S(1)		150	D	$169.83(7)	222,285	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 $167.75 to $168.63. 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 $165.51 to $166.47. 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 $168.76 to $169.73. 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 $166.54 to $167.49. 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 $169.79 to $169.90. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	08/20/2025
	** 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 insider transactions did Farquhar Scott report for TEAM on 08/19/2025?

He reported five dispositions totaling 7,665 Class A shares executed on 08/19/2025 under a Rule 10b5-1 trading plan.

Were the trades executed under a pre-established trading plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 plan adopted on February 12, 2025.

What prices were the TEAM shares sold at?

Weighted-average prices per reported lot ranged from approximately $165.51 to $169.90, with line-weighted averages shown in the filing.

How many TEAM shares does the reporting person beneficially own after the sales?

222,285 shares are reported as beneficially owned indirectly through Farquhar Investment Partnership No. 2 following the final reported sale.

Who signed the Form 4 filing for Farquhar Scott?

The form was signed by Veena Bhatia, Attorney-in-Fact for Farquhar Scott, with the signature dated 08/20/2025.