[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Farquhar Scott, a director and 10% owner of Atlassian Corporation (TEAM), reported multiple open-market sales of Class A common stock executed on 08/28/2025 under a Rule 10b5-1 trading plan. The filings show five separate dispositions totaling 7,665 shares at weighted-average prices ranging roughly from $173.53 to $177.59, with reported per-trade weighted-average prices noted and a final beneficial ownership of 168,630 shares held indirectly through Farquhar Investment Partnership No. 2. The Form 4 was signed by an attorney-in-fact on 08/29/2025. The report includes explicit pricing ranges for each trade and a statement that full transaction details will be provided upon request to the SEC staff, issuer, or a security holder.

Positive

• Transactions were executed under a Rule 10b5-1 trading plan, indicating pre-planned disposition and compliance procedures
• Filing discloses price ranges and offers to provide full trade details on request, supporting transparency

Negative

• Reporting person sold a total of 7,665 Class A shares on 08/28/2025, reducing beneficial ownership to 168,630 shares
• All dispositions were sales; no purchases or offsetting acquisitions are reported in this Form 4

Insights

Financial Analyst

TL;DR: Routine insider sales executed under a pre-established 10b5-1 plan; total shares sold are modest relative to large-cap norms.

The report documents five sales totaling 7,665 Class A shares on a single date, executed under a Rule 10b5-1 trading plan adopted February 12, 2025. Reported weighted-average prices per trade range from approximately $173.53 to $177.59. The filings state the shares are held indirectly via Farquhar Investment Partnership No. 2 and show beneficial ownership after the transactions as 168,630 shares. These disclosures follow standard insider-trading compliance and provide price ranges and undertakings to disclose detailed trade-level information on request.

Corporate Governance Expert

TL;DR: Sales were pre-planned and disclosed promptly, consistent with governance best practices; no additional governance concerns stated.

The Form 4 indicates that transactions were executed pursuant to a Rule 10b5-1 plan, which supports an affirmative defense to insider trading allegations when properly adopted and followed. The filing includes specific price ranges and an undertaking to provide full trade details on request, enhancing transparency. No amendments, new grants, option exercises, or unusual derivative transactions are reported in this filing.

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)
08/28/2025

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	08/28/2025		S(1)		2,930	D	$175.89(2)	173,365	I	See Footnote(3)
Class A Common Stock	08/28/2025		S(1)		400	D	$173.53(4)	172,965	I	See Footnote(3)
Class A Common Stock	08/28/2025		S(1)		1,425	D	$175.1479(5)	171,540	I	See Footnote(3)
Class A Common Stock	08/28/2025		S(1)		800	D	$177.5863(6)	170,740	I	See Footnote(3)
Class A Common Stock	08/28/2025		S(1)		2,110	D	$177.0717(7)	168,630	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 $175.42 to $176.38. 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 $173.17 to $173.92. 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 $174.42 to $175.42. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $177.47 to $177.80. 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 $176.47 to $177.45. 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	08/29/2025
	** 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 Farquhar Scott report in the Form 4 for TEAM?

The Form 4 reports five sales on 08/28/2025 totaling 7,665 Class A shares, executed under a Rule 10b5-1 plan, with final indirect beneficial ownership of 168,630 shares.

Were the sales part of a pre-established trading plan?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.

What prices were the shares sold at?

Reported weighted-average prices for the multiple trades per lot ranged approximately from $173.53 to $177.59, with specific weighted averages listed for each disposition.

How many shares does Farquhar Scott hold after these transactions?

The Form 4 reports indirect beneficial ownership of 168,630 Class A shares following the reported sales.

Who signed the Form 4?

The Form 4 was signed by Veena Bhatia, Attorney-in-Fact for Farquhar Scott, dated 08/29/2025.