[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Farquhar Scott, a director and reported 10% owner of Atlassian Corporation (TEAM), sold a total of 7,665 Class A shares on 08/12/2025 under a Rule 10b5-1 trading plan adopted February 12, 2025. The sales were executed in multiple trades with reported weighted-average prices per lot ranging approximately from $157.99 to $163.70. Following these transactions the filing shows indirect beneficial ownership of 260,610 Class A shares held through Farquhar Investment Partnership No. 2. The filer discloses willingness to provide transaction-level details on request and notes the trades were effected pursuant to the 10b5-1 plan.

Positive

• Sales were executed under a Rule 10b5-1 trading plan, which provides an affirmative defense and indicates pre-planned transactions.
• Filer discloses willingness to provide full trade details (number of shares and prices) to the SEC, issuer, or security holders upon request.
• Substantial indirect ownership remains after the transactions: 260,610 Class A shares held via Farquhar Investment Partnership No. 2.

Negative

• Aggregate disposition of 7,665 Class A shares on 08/12/2025 as reported in the Form 4.
• Indirect beneficial ownership declined across the reported trades from prior levels to 260,610 shares following the sales.

Insights

Corporate Governance Expert

TL;DR: Insider sales were executed under a pre-established 10b5-1 plan and left substantial indirect holdings.

The filing documents planned sales by Farquhar Scott under a Rule 10b5-1 plan adopted February 12, 2025, which typically reduces questions about opportunistic timing. Total disposed shares equal 7,665 executed across multiple trades with reported weighted-average prices per lot between roughly $157.99 and $163.70. Indirect beneficial ownership after the trades is 260,610 shares held via Farquhar Investment Partnership No. 2. From a governance perspective, the disclosure is clear and consistent with standard insider-plan practice; the scale of sales is small relative to reported indirect holdings and thus appears routine rather than materially signaling a governance concern.

Securities Analyst

TL;DR: The transactions are documented and executed under a trading plan; impact on shareholder value appears limited.

The Form 4 shows multiple block sales on 08/12/2025 under a 10b5-1 plan, with line-item weighted-average prices reported for each lot and an aggregate disposition of 7,665 Class A shares. The seller retains 260,610 shares indirectly, indicating continued meaningful ownership. The filer also affirms readiness to provide detailed trade prices and quantities on request. Given the disclosed quantities and remaining holdings, these trades are unlikely to be materially price-moving absent other undisclosed information.

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)
08/12/2025

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	08/12/2025		S(1)		817	D	$162.9247(2)	267,458	I	See Footnote(3)
Class A Common Stock	08/12/2025		S(1)		300	D	$163.7017(4)	267,158	I	See Footnote(3)
Class A Common Stock	08/12/2025		S(1)		1,372	D	$160.9024(5)	265,786	I	See Footnote(3)
Class A Common Stock	08/12/2025		S(1)		1,200	D	$158.7876(6)	264,586	I	See Footnote(3)
Class A Common Stock	08/12/2025		S(1)		850	D	$159.9019(7)	263,736	I	See Footnote(3)
Class A Common Stock	08/12/2025		S(1)		2,087	D	$157.9905(8)	261,649	I	See Footnote(3)
Class A Common Stock	08/12/2025		S(1)		1,039	D	$161.7992(9)	260,610	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 $162.44 to $163.41. 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.

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 $163.51 to $164.19. 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 $160.42 to $161.39. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $158.38 to $159.26. 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 $159.41 to $160.40. 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 $157.36 to $158.34. 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 $161.44 to $162.43. 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	08/13/2025
	** 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

Who filed the Form 4 for Atlassian (TEAM)?

The Form 4 was filed on behalf of Farquhar Scott, identified as a director and a 10% owner of Atlassian.

When were the insider transactions for TEAM reported on this Form 4?

The transactions were executed on 08/12/2025 and reported on the Form 4.

How many Atlassian (TEAM) shares did Farquhar Scott sell and what was the price range?

The filing reports an aggregate sale of 7,665 Class A shares with reported weighted-average lot prices ranging approximately from $157.99 to $163.70.

Were the sales part of a trading plan for TEAM insider Farquhar Scott?

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

How many TEAM shares does Farquhar Scott beneficially own after these trades?

Following the reported transactions the filer shows 260,610 Class A shares indirectly beneficially owned via Farquhar Investment Partnership No. 2.