STOCK TITAN
  1. Home
  2. Sec-filings
  3. TEAM
  4. [Form 4] Atlassian Corporation Insider Trading Activity

TEAM Form 4: Farquhar Scott Disposes 7,665 Class A Shares, Holds 130,305

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Atlassian director and reported 10% owner Farquhar Scott executed multiple sales of Class A common stock on 09/05/2025 under a Rule 10b5-1 trading plan adopted on 02/12/2025. The filings show five dispositions totaling 7,665 shares at weighted-average prices ranging about $170.05 to $174.32 per share. After these transactions, the reporting person beneficially owns 130,305 Class A shares indirectly through Farquhar Investment Partnership No. 2. The Form 4 was signed by an attorney-in-fact on 09/08/2025 and includes explanatory footnotes disclosing execution price ranges and an offer to provide full trade details upon request.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Insider sold 7,665 TEAM shares on a pre-established 10b5-1 plan; transactions disclosed with price ranges and resulting indirect holding of 130,305 shares.

The transactions are routine sales executed pursuant to a documented Rule 10b5-1 plan, which typically indicates pre-scheduled disposition rather than opportunistic trading. The Form 4 provides weighted-average prices and post-sale beneficial ownership, improving transparency for investors. There is no disclosure of derivative activity or other compensatory transactions in this filing. Based solely on the filing, this is a compliance-focused disclosure rather than a corporate event that changes company fundamentals.

TL;DR Director and 10% owner reported planned sales under a 10b5-1 plan; disclosure appears complete with supporting price ranges and signature.

The Form 4 documents that the reporting person followed a Rule 10b5-1 trading plan adopted earlier in the year, which generally provides an affirmative defense against insider trading claims if properly constituted. The filing notes indirect ownership via an investment partnership and supplies explanatory footnotes for trade execution ranges, which supports governance best practices around insider disclosure. No amendments or additional governance actions are reported in this filing.

Insider Farquhar Scott
Role Director, 10% Owner
Sold 7,665 shs ($1.32M)
Type Security Shares Price Value
Sale Class A Common Stock 3,137 $172.3209 $541K
Sale Class A Common Stock 450 $170.7112 $77K
Sale Class A Common Stock 100 $174.255 $17K
Sale Class A Common Stock 350 $173.3557 $61K
Sale Class A Common Stock 3,628 $171.4878 $622K
Holdings After Transaction: Class A Common Stock — 134,833 shares (Indirect, See Footnote)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. This transaction was executed in multiple trades during the day at prices ranging from $172.06 to $173.05. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $170.05 to $170.97. 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. This transaction was executed in multiple trades during the day at prices ranging from $174.19 to $174.32. 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. This transaction was executed in multiple trades during the day at prices ranging from $173.13 to $174.10. 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. This transaction was executed in multiple trades during the day at prices ranging from $171.05 to $172.01. 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.
Form 4 Insider Transactions: What Each Field Means →
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)
09/05/2025
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 09/05/2025 S(1) 3,137 D $172.3209(2) 134,833 I See Footnote(3)
Class A Common Stock 09/05/2025 S(1) 450 D $170.7112(4) 134,383 I See Footnote(3)
Class A Common Stock 09/05/2025 S(1) 100 D $174.255(5) 134,283 I See Footnote(3)
Class A Common Stock 09/05/2025 S(1) 350 D $173.3557(6) 133,933 I See Footnote(3)
Class A Common Stock 09/05/2025 S(1) 3,628 D $171.4878(7) 130,305 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 $172.06 to $173.05. 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 $170.05 to $170.97. 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 $174.19 to $174.32. 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.
6. This transaction was executed in multiple trades during the day at prices ranging from $173.13 to $174.10. 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 $171.05 to $172.01. 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 /Drew Parkes, Attorney-in-Fact for Farquhar Scott 09/08/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What transactions does the Form 4 for TEAM report?

The Form 4 reports five sales of Class A common stock on 09/05/2025 totaling 7,665 shares executed under a Rule 10b5-1 trading plan.

Under what plan were the TEAM shares sold?

The shares were sold pursuant to a Rule 10b5-1 trading plan adopted on 02/12/2025, as disclosed in the filing.

What were the sale prices reported on the Form 4?

Reported weighted-average prices for the multiple trades range approximately between $170.05 and $174.32 per share, with individual weighted averages shown per lot.

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

After the reported transactions the reporting person beneficially owns 130,305 Class A shares, held indirectly through Farquhar Investment Partnership No. 2.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by /s/ Drew Parkes, Attorney-in-Fact for Farquhar Scott on 09/08/2025.