STOCK TITAN

Atlassian Corp (TEAM) director trust purchases 1,455 Class A shares

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Atlassian Corp director Scott Belsky, through the Belsky Family 2018 Exempt Trust, reported an open-market purchase of 1,455 shares of Class A common stock on August 28, 2025 at $173 per share. The filing states this trade was effected under a Rule 10b5-1 trading plan adopted on May 29, 2025. Following the transaction, Belsky also reported 1,634 Class A shares held directly.

Positive

  • None.

Negative

  • None.
Insider Belsky Scott
Role Director
Bought 1,455 shs ($252K)
Type Security Shares Price Value
Purchase Class A Common Stock 1,455 $173.00 $252K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 1,455 shares (Indirect, See Footnote); Class A Common Stock — 1,634 shares (Direct)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on May 29, 2025. Shares are held by Belsky Family, 2018 Exempt Trust
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*
Belsky 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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
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 08/28/2025 P(1) 1,455 A $173 1,455 I See Footnote(2)
Class A Common Stock 1,634 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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on May 29, 2025.
2. Shares are held by Belsky Family, 2018 Exempt Trust
Remarks:
/s/ Veena Bhatia, Attorney-in-Fact for Belsky Scott 08/29/2025
** 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 transaction did Atlassian Corp (TEAM) report for Scott Belsky?

Scott Belsky reported an indirect open-market purchase of 1,455 shares of Atlassian Class A common stock. The shares were bought at $173 each on August 28, 2025, through the Belsky Family 2018 Exempt Trust.

At what price were the Atlassian (TEAM) shares purchased in the reported Form 4?

The reported purchase of Atlassian Class A common stock was executed at $173 per share. The transaction covered 1,455 shares on August 28, 2025, and was carried out under a Rule 10b5-1 trading plan adopted on May 29, 2025.

How many Atlassian (TEAM) shares does Scott Belsky hold after the reported transaction?

After the transaction, Scott Belsky reported 1,455 Atlassian Class A shares held indirectly through a trust and 1,634 shares held directly. These amounts reflect his beneficial ownership positions as disclosed in the Form 4 filing.

What is the role of the Belsky Family 2018 Exempt Trust in the Atlassian (TEAM) Form 4?

The Belsky Family 2018 Exempt Trust holds the 1,455 Atlassian Class A shares purchased in the reported transaction. The filing notes that the shares are held by this trust, indicating indirect beneficial ownership associated with director Scott Belsky.

Was the Atlassian (TEAM) insider trade made under a Rule 10b5-1 plan?

Yes. The Form 4 states the 1,455-share purchase was effected pursuant to a Rule 10b5-1 trading plan adopted on May 29, 2025. This plan governed the August 28, 2025 open-market transaction at $173 per share.