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[Form 4] Atlassian Corporation Insider Trading Activity

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

Rhea-AI Filing Summary

Atlassian insider BHARADWAJ ANUTTHARA sold 1,682 shares of Class A common stock on 08/19/2025 through multiple transactions executed during the day at prices ranging across five reported bands from about $165.24 to $170.01. The filings state these sales were executed to satisfy tax-withholding obligations arising from the vesting and settlement of restricted stock units (RSUs) and were not discretionary trades. After the transactions the reporting person beneficially owned 181,119 Class A shares (direct ownership). The Form 4 was signed by an attorney-in-fact on 08/20/2025.

Positive

  • Clear disclosure that the sales were executed to satisfy tax-withholding obligations from RSU vesting
  • Transaction details provided including aggregate share counts and price ranges, with an undertaking to provide trade-level data on request
  • Form 4 signed by attorney-in-fact, indicating formal execution and filing

Negative

  • Reduction in insider holdings: a total of 1,682 Class A shares were sold on 08/19/2025
  • No prior holdings level provided on the form to show change in ownership percentage

Insights

TL;DR: Insider executed a routine sell-to-cover of RSUs totaling 1,682 shares; not presented as a discretionary sale.

The Form 4 discloses multiple market trades on 08/19/2025 to cover tax obligations from RSU vesting. The filer reports exact share counts per trade and price ranges for each grouped sale, and affirms availability of trade-level details upon request. As a routine administrative transaction tied to compensation settlement, this filing has limited informational content regarding management's view of company prospects.

TL;DR: Disclosure appears complete for a non-discretionary sell-to-cover; filing meets Section 16 transparency expectations.

The Form 4 identifies the reporting person, relationship to the issuer (officer), transaction date, and provides explanatory remarks that the sales were to fund tax withholding. The signature by an attorney-in-fact is included. The disclosure of price ranges and an offer to provide trade-level detail on request supports compliance and transparency for shareholders and regulators.

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*
BHARADWAJ ANUTTHARA

(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)
President
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) 944 D $166.0311(2) 181,857 D
Class A Common Stock 08/19/2025 S(1) 53 D $167.8087(3) 181,804 D
Class A Common Stock 08/19/2025 S(1) 454 D $166.3813(4) 181,350 D
Class A Common Stock 08/19/2025 S(1) 98 D $168.8785(5) 181,252 D
Class A Common Stock 08/19/2025 S(1) 133 D $169.5868(6) 181,119 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. 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 $165.24 to $166.23. 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 $167.24 to $168.22. 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 $166.24 to $167.23. 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 $168.26 to $169.25. 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 $169.27 to $170.01. 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 BHARADWAJ ANUTTHARA 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

How many TEAM shares did BHARADWAJ ANUTTHARA sell on 08/19/2025?

The Form 4 reports 1,682 shares of Class A common stock were sold via multiple trades on 08/19/2025.

Why were the TEAM shares sold according to the Form 4?

The filing states the sales were executed to satisfy tax-withholding obligations in connection with the vesting and settlement of RSUs (a sell-to-cover).

What price range did the sales occur at?

The transactions were executed in multiple trades across reported price ranges from approximately $165.24 to $170.01 depending on the grouped trades.

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

Following the reported transactions the reporting person beneficially owned 181,119 Class A shares (direct ownership).

Who filed and signed the Form 4 for these TEAM transactions?

The Form 4 lists BHARADWAJ ANUTTHARA as the reporting person and was signed on their behalf by Veena Bhatia, Attorney-in-Fact on 08/20/2025.
Atlassian Corp Plc

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