[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Atlassian Corp. (TEAM) insider filing by Farquhar Scott reports multiple open-market sales of Class A common stock on 08/07/2025. The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025, and were completed in multiple trades at varying prices with weighted-average prices reported for each block. Shares are held indirectly through Farquhar Investment Partnership No. 2. The filing shows the reporter’s status as a Director and 10% owner, and the reported beneficial ownership after the last disclosed sale is 283,605 Class A shares.

The Form 4 was signed by an attorney-in-fact, Veena Bhatia, on 08/08/2025. The filing provides trade ranges and weighted-average prices for each reported sale and affirms availability of full trade details upon request.

Positive

• Transactions executed under a Rule 10b5-1 trading plan, indicating pre-established trading parameters (adopted 02/12/2025).
• Clear disclosure of indirect ownership via Farquhar Investment Partnership No. 2 and reporting of weighted-average prices and trade ranges for each block.

Negative

• Multiple open-market sales on 08/07/2025 reduced reported indirect holdings from 291,026 shares (after an earlier block) to 283,605 shares (after the last disclosed sale).
• Numerous intraday blocks sold across a range of prices, which may be interpreted by some investors as increased insider liquidity activity.

Insights

Financial Analyst

TL;DR: Director and 10% owner executed multiple sales under a pre-established 10b5-1 plan; disclosure is complete and routine.

The filing documents numerous disposals of Class A shares on 08/07/2025 under a Rule 10b5-1 plan adopted 02/12/2025. Each block includes a reported weighted-average price and trade price ranges. The reporter retains indirect ownership through Farquhar Investment Partnership No. 2, ending at 283,605 shares after the final disclosed sale. From a market-impact perspective, recorded transparency and the use of a 10b5-1 plan reduce informational asymmetry; the trades themselves are routine insider liquidity events rather than company-operating disclosures.

Corporate Governance Expert

TL;DR: Proper procedural safeguards were used; disclosure by attorney-in-fact and 10b5-1 plan are governance-aligned practices.

The Form 4 indicates adherence to governance best practices: transactions effected under a Rule 10b5-1 trading plan and a timely Form 4 filing signed by an attorney-in-fact on 08/08/2025. The filing clearly states the reporter’s roles as Director and 10% owner and identifies the indirect holder as Farquhar Investment Partnership No. 2. These elements support procedural compliance and investor transparency around insider sales. The pattern is informationally neutral absent additional corporate developments.

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)
08/07/2025

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	08/07/2025		S(1)		244	D	$183.9534(2)	291,026	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		300	D	$177.431(4)	290,726	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		150	D	$188.241(5)	290,576	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		150	D	$180.1633(6)	290,426	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		250	D	$181.451(7)	290,176	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		1,373	D	$172.3712(8)	288,803	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		400	D	$175.3256(9)	288,403	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		150	D	$182.35(10)	288,253	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		1,498	D	$173.3575(11)	286,755	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		453	D	$176.4506(12)	286,302	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		708	D	$170.4442(13)	285,594	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		300	D	$186.4503(14)	285,294	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		100	D	$178.975(15)	285,194	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		150	D	$187.36(16)	285,044	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		250	D	$174.162(17)	284,794	I	See Footnote(3)
Class A Common Stock	08/07/2025		S(1)		1,189	D	$171.3666(18)	283,605	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 $183.23 to $184.18. 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 $177.15 to $177.94. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $188.15 to $188.32. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $179.75 to $180.45. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $181.00 to $181.81. 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 $171.88 to $172.87. 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 $174.94 to $175.91. 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 $182.08 to $182.88. 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.

11. This transaction was executed in multiple trades during the day at prices ranging from $172.88 to $173.87. 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.

12. This transaction was executed in multiple trades during the day at prices ranging from $176.02 to $176.82. 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.

13. This transaction was executed in multiple trades during the day at prices ranging from $169.75 to $170.74. 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.

14. This transaction was executed in multiple trades during the day at prices ranging from $185.96 to $186.83. 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.

15. This transaction was executed in multiple trades during the day at prices ranging from $178.67 to $179.28. 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.

16. This transaction was executed in multiple trades during the day at prices ranging from $187.09 to $187.79. 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.

17. This transaction was executed in multiple trades during the day at prices ranging from $173.94 to $174.75. 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.

18. This transaction was executed in multiple trades during the day at prices ranging from $170.79 to $171.78. 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	08/08/2025
	** 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 TEAM?

The reporting person is Farquhar Scott, identified as a Director and 10% owner.

When were the transactions executed for TEAM insider sales?

All reported transactions occurred on 08/07/2025, with the Form 4 signed on 08/08/2025.

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

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 02/12/2025.

How many TEAM shares were held after the reported transactions?

The filing shows 283,605 Class A shares beneficially owned following the last reported sale.

Through what vehicle are the shares held according to the filing?

Shares are held indirectly through Farquhar Investment Partnership No. 2 as stated in the Form 4.