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[Form 4] Atlassian Corporation Insider Trading Activity

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

Rhea-AI Filing Summary

Atlassian insider sale to cover RSU taxes reported on Form 4 shows BHARADWAJ ANUTTHARA, an officer listed as President, executed multiple sales of Atlassian Class A common stock on 08/14/2025 to satisfy tax withholding for vested restricted stock units (RSUs). The filings report five separate sell transactions totaling 7,728 shares disposed at per-share prices between about $160.20 and $164.94, leaving the reporting person with 182,801 shares beneficially owned after the trades. The filer states these were "sell to cover" transactions to meet withholding obligations and not discretionary sales.

Positive

  • None.

Negative

  • None.

Insights

Routine sell-to-cover; no new signal on company fundamentals.

The Form 4 documents multiple intra-day sales by an officer to fund tax withholding arising from RSU vesting. Aggregate shares sold (7,728) are disclosed with price ranges across five trade blocks, and the report clarifies these were non-discretionary "sell to cover" transactions. From an investor-significance standpoint, such transactions are common following equity compensation vesting and do not convey a change in corporate strategy or operating performance.

Disclosure appears compliant and sufficiently specific for Form 4 standards.

The filing identifies the reporting person, role (President), transaction dates, codes, share counts, and price ranges for each trade block, and includes an explanatory statement that sales were to satisfy tax obligations. The signature is by an attorney-in-fact and the filer offers to provide full trade details on request, which supports transparency under Section 16 reporting rules.

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)
08/14/2025
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 08/14/2025 S(1) 3,343 D $163.6593(2) 187,186 D
Class A Common Stock 08/14/2025 S(1) 174 D $160.7541(3) 187,012 D
Class A Common Stock 08/14/2025 S(1) 415 D $161.8546(4) 186,597 D
Class A Common Stock 08/14/2025 S(1) 1,828 D $164.363(5) 184,769 D
Class A Common Stock 08/14/2025 S(1) 1,968 D $162.7254(6) 182,801 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 $163.20 to $164.19. 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 $160.20 to $161.19. 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 $161.20 to $162.19. 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 $164.20 to $164.94. 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 $162.20 to $163.19. 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 08/15/2025
** 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 BHARADWAJ ANUTTHARA sell on 08/14/2025 (TEAM)?

The reporting person sold a total of 7,728 shares of Class A common stock across five sell transactions on 08/14/2025 to cover RSU tax withholding.

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

The Form 4 states the sales were "sell to cover" transactions to satisfy tax withholding obligations arising from the vesting and settlement of RSUs and were not discretionary sales.

How many shares did the reporting person own after the transactions?

The filing reports 182,801 shares beneficially owned following the reported transactions.

At what prices were the TEAM shares sold on 08/14/2025?

Reported trade price ranges across the five blocks were approximately $160.20–$161.19, $161.20–$162.19, $162.20–$163.19, $163.20–$164.19, and $164.20–$164.94, with per-block single-line prices shown on the form.

Who signed the Form 4 for BHARADWAJ ANUTTHARA?

The form was signed by Veena Bhatia as Attorney-in-Fact for BHARADWAJ ANUTTHARA on 08/15/2025.
Atlassian Corp Plc

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