[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Atlassian director and reported 10% owner Farquhar Scott sold a total of 7,665 shares of Class A common stock on 08/22/2025 under a Rule 10b5-1 trading plan. The transactions were executed in multiple trades at reported weighted-average prices ranging roughly from $164.08 to $171.43 per share, with individual reported average prices included for each sale. After these dispositions, the filing reports 199,290 shares beneficially owned indirectly through Farquhar Investment Partnership No. 2. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Scott and notes the 10b5-1 plan was adopted on February 12, 2025.

Insights

Corporate Governance Expert

TL;DR: Routine insider sales under a pre-established 10b5-1 plan reduce ownership but present limited governance concern if plan timing and disclosures are clear.

The filing documents multiple small-to-moderate dispositions totaling 7,665 Class A shares executed the same day under a 10b5-1 plan adopted February 12, 2025. Because the trades were preplanned, they provide the reporting person an affirmative defense to insider trading claims, which typically reduces red flags about opportunistic timing. The report shows indirect ownership via a partnership vehicle, indicating the holdings are not held directly by the individual. From a governance perspective, continued transparency about plan adoption date and adherence to plan parameters is the primary mitigant; no additional corporate-action details are disclosed in this filing.

Securities Analyst

TL;DR: Insider sold ~7.7k shares at weighted-average prices near $165–$171 under a 10b5-1 plan; transaction is observable but not materially transformative.

The transaction list shows seven separate disposition lines executed 08/22/2025 with reported weighted-average prices per line between about $164.08 and $171.43, resulting in aggregate shares sold of 7,665. The residual reported beneficial ownership after the sales is 199,290 shares held indirectly. These sales generate modest liquidity for the insider but, based solely on this Form 4, do not indicate a change to company fundamentals or capital structure. Impact to outstanding float or control is not disclosed here.

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)
08/22/2025

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	08/22/2025		S(1)		250	D	$166.25(2)	206,705	I	See Footnote(3)
Class A Common Stock	08/22/2025		S(1)		250	D	$164.0806(4)	206,455	I	See Footnote(3)
Class A Common Stock	08/22/2025		S(1)		500	D	$168.8522(5)	205,955	I	See Footnote(3)
Class A Common Stock	08/22/2025		S(1)		1,600	D	$169.5197(6)	204,355	I	See Footnote(3)
Class A Common Stock	08/22/2025		S(1)		4,245	D	$170.6118(7)	200,110	I	See Footnote(3)
Class A Common Stock	08/22/2025		S(1)		350	D	$165.3962(8)	199,760	I	See Footnote(3)
Class A Common Stock	08/22/2025		S(1)		470	D	$171.429(9)	199,290	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 $165.99 to $166.61. 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 $163.85 to $164.20. 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 $168.06 to $169.02. 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 $169.06 to $169.94. 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 $170.08 to $171.05. 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.

8. This transaction was executed in multiple trades during the day at prices ranging from $164.88 to $165.86. 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 $171.13 to $171.97. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	08/25/2025
	** 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 do on 08/22/2025 (TEAM)?

The filing shows Mr. Scott sold a total of 7,665 Class A shares on 08/22/2025 under a Rule 10b5-1 trading plan.

Were the sales by the TEAM insider part of a trading plan?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.

What prices were reported for the TEAM insider sales?

Reported weighted-average prices for the individual sale lines range approximately from $164.08 to $171.43 per share.

How many Class A shares does Farquhar Scott beneficially own after these transactions?

The filing reports 199,290 shares beneficially owned following the reported transactions, held indirectly via Farquhar Investment Partnership No. 2.

Who signed the Form 4 for Farquhar Scott?

The Form 4 is signed by Veena Bhatia, Attorney-in-Fact for Farquhar Scott on 08/25/2025.