[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Farquhar Scott, a director and 10% owner of Atlassian Corporation (TEAM), reported multiple sales of Class A common stock on 08/08/2025 executed under a Rule 10b5-1 trading plan adopted on February 12, 2025. The Form 4 lists nine sale entries executed in multiple trades at weighted-average prices shown per line, with per-trade price ranges disclosed in the footnotes.

Following the reported sales the filing shows indirect beneficial ownership of 275,940 shares held by Farquhar Investment Partnership No. 2. All transactions are reported as sales and the filer offers to provide full execution details upon request.

Positive

• Transactions were executed under a documented Rule 10b5-1 trading plan adopted on Feb 12, 2025
• Filer retains indirect beneficial ownership of 275,940 shares held by Farquhar Investment Partnership No. 2

Negative

• Reporting person sold multiple tranches totaling 7,665 shares on 08/08/2025

Insights

Securities Analyst

TL;DR: Routine, pre-planned insider sales under a 10b5-1 plan reduced indirect holdings modestly; disclosure is complete and transparent.

The Form 4 shows multiple tranches of Class A common stock sold on 08/08/2025 pursuant to a Rule 10b5-1 plan adopted Feb 12, 2025. Footnotes disclose per-trade price ranges and the filer’s willingness to provide full execution details on request, which supports transparency. The shares remain held indirectly by Farquhar Investment Partnership No. 2, with beneficial ownership shown at 275,940 shares after the transactions. For investors, this appears as a planned liquidity event rather than an ad hoc divestiture.

Corporate Governance Expert

TL;DR: Disclosure aligns with best practices for pre-arranged insider trading; continued significant indirect ownership remains.

The reporting person is identified as both a director and a 10% owner, and the sales are explicitly tied to a 10b5-1 plan, which provides an affirmative defense if properly adopted. The filing itemizes multiple sales with weighted-average prices and references the entity holding the shares. From a governance perspective, the use of a documented trading plan and the retention of substantial indirect holdings (275,940 shares) reduce immediate signaling risk to the market.

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)
08/08/2025

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	08/08/2025		S(1)		915	D	$168.1044(2)	282,690	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		50	D	$176.05	282,640	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		1,295	D	$169.8366(4)	281,345	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		1,274	D	$173.1109(5)	280,071	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		1,000	D	$171.88(6)	279,071	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		650	D	$173.9385(7)	278,421	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		1,250	D	$169.1091(8)	277,171	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		253	D	$175.3506(9)	276,918	I	See Footnote(3)
Class A Common Stock	08/08/2025		S(1)		978	D	$170.8786(10)	275,940	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 $167.37 to $168.36. 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 $169.42 to $170.41. 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 $172.60 to $173.55. 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 $171.43 to $172.42. 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 $173.60 to $174.30. 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 $168.42 to $169.39. 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 $174.91 to $175.73. 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.

10. This transaction was executed in multiple trades during the day at prices ranging from $170.43 to $171.32. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	08/11/2025
	** 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 did Atlassian insider Farquhar Scott report on the Form 4 (TEAM)?

The Form 4 reports multiple sales of Class A common stock by Farquhar Scott executed on 08/08/2025 under a Rule 10b5-1 trading plan.

How many TEAM shares were sold in this filing?

The filing lists nine sale entries that together total 7,665 shares sold across multiple trades on 08/08/2025.

What prices were the TEAM shares sold at?

Footnotes disclose that sales were executed in multiple trades with per-line weighted-average prices and day ranges; examples include ranges such as $167.37–$168.36 and $174.91–$175.73 as reported in the footnotes.

Who holds the shares reported on the Form 4?

The filing states the shares are held by Farquhar Investment Partnership No. 2, which is the indirect holder referenced in the Form.

What is the reported beneficial ownership after these transactions?

After the reported sales the Form shows indirect beneficial ownership of 275,940 shares.