[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Atlassian Corporation (TEAM) Director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on June 20, 2025, executed through a pre-established Rule 10b5-1 trading plan from February 12, 2025.

Key transaction details:

• Total shares sold: 7,665 shares across 8 separate transactions
• Price range: $189.28 to $198.23 per share
• Remaining indirect ownership: 45,990 shares held through Farquhar Investment Partnership No. 2

The transactions were executed at various weighted-average prices, with the largest blocks sold at $191.08 (1,451 shares) and $191.90 (1,885 shares). All shares were held indirectly through Farquhar Investment Partnership No. 2, and the sales were made pursuant to a predetermined trading plan, indicating a structured approach to portfolio management rather than a response to specific market conditions.

Positive

• None.

Negative

• Co-founder Scott Farquhar sold 7,665 shares worth approximately $1.47M through a pre-planned 10b5-1 trading program, reducing his indirect holdings to 45,990 shares

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)
06/20/2025

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	06/20/2025		S(1)		1,451	D	$191.0848(2)	52,204	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		1,885	D	$191.8977(4)	50,319	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		871	D	$189.6933(5)	49,448	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		1,746	D	$193.161(6)	47,702	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		150	D	$196.3896(7)	47,552	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		250	D	$195.9708(8)	47,302	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		153	D	$198.1732(9)	47,149	I	See Footnote(3)
Class A Common Stock	06/20/2025		S(1)		1,159	D	$193.9809(10)	45,990	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 $190.57 to $191.54. 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 $191.57 to $192.52. 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 $189.28 to $190.22. 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 $192.61 to $193.60. 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 $196.33 to $196.48. 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 $195.33 to $196.32. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $197.50 to $198.23. 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.

10. This transaction was executed in multiple trades during the day at prices ranging from $193.61 to $194.58. 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	06/23/2025
	** 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

How many TEAM shares did Scott Farquhar sell on June 20, 2025?

Scott Farquhar sold a total of 7,665 shares of Atlassian (TEAM) Class A Common Stock on June 20, 2025, through multiple transactions at different price points ranging from approximately $189 to $198 per share.

What was the price range of TEAM stock sales by Scott Farquhar on June 20, 2025?

The transactions occurred at various price points, with the lowest being around $189.28 and the highest at $198.23 per share. The sales were executed in multiple blocks with weighted average prices ranging from $189.69 to $198.17.

How many Atlassian (TEAM) shares does Scott Farquhar own after the reported transactions?

Following the reported transactions on June 20, 2025, Scott Farquhar indirectly owned 45,990 shares of Atlassian Class A Common Stock through the Farquhar Investment Partnership No. 2.

Was Scott Farquhar's TEAM stock sale part of a pre-planned trading arrangement?

Yes, the transactions were executed pursuant to a Rule 10b5-1 trading plan that Scott Farquhar adopted on February 12, 2025. This type of plan allows insiders to sell shares according to predetermined conditions to avoid accusations of insider trading.

What positions does Scott Farquhar hold at Atlassian (TEAM)?

According to the Form 4 filing, Scott Farquhar serves as both a Director and a 10% Owner of Atlassian Corporation (TEAM), as indicated by the checkboxes in Section 5 of the form.