[Form 4] Atlassian Corporation Insider Trading Activity

Rhea-AI Filing Summary

Atlassian Corp (TEAM) reporting person Gene Liu, Chief Accounting Officer, filed a Form 4 disclosing multiple sales of Class A common stock on 08/19/2025. The filings show aggregated disposals of 168 shares across several intra-day trades executed as sell-to-cover transactions to satisfy tax withholding obligations related to vesting and settlement of RSUs. After these sales the reporting person beneficially owned 50,440 Class A shares directly and 120 shares indirectly (held by spouse).

Insights

Corporate Governance Expert

TL;DR: Routine insider sell-to-cover for RSU tax withholding; not a discretionary liquidation signal.

The Form 4 shows multiple small disposals on a single date identified as sell-to-cover transactions tied to RSU vesting. This is a common administrative action by executives to satisfy payroll taxes and does not indicate a voluntary decision to reduce ownership position. The filing discloses both direct ownership and indirect holdings through spouse, which is appropriate for transparency.

Securities Analyst

TL;DR: Sales were limited in size and executed intraday to cover tax obligations; impact on float is immaterial.

The reported disposals total 168 shares sold across multiple price ranges between approximately $165.24 and $170.01 per share, with per-line post-transaction direct holdings shown around 50,440 shares. Given the small size relative to typical market capitalization for TEAM, these transactions are immaterial to valuation and liquidity.

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

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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^*

LIU GENE

(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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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	08/19/2025		S(1)		45	D	$166.3813(2)	50,550	D
Class A Common Stock	08/19/2025		S(1)		95	D	$166.0311(3)	50,455	D
Class A Common Stock	08/19/2025		S(1)		5	D	$167.8087(4)	50,450	D
Class A Common Stock	08/19/2025		S(1)		10	D	$168.8785(5)	50,440	D
Class A Common Stock	08/19/2025		S(1)		13	D	$169.5868(6)	50,427	D
Class A Common Stock								120	I	See Footnote(7)

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 $166.24 to $167.23. 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 $165.24 to $166.23. 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 $167.24 to $168.22. 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 $168.26 to $169.25. 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 $169.27 to $170.01. 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. Shares are held by spouse.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for LIU GENE	08/20/2025
	** 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 the Form 4 filed for TEAM disclose?

The Form 4 disclosed that Gene Liu, Chief Accounting Officer, executed multiple sell-to-cover transactions on 08/19/2025 to satisfy tax withholding from RSU vesting.

How many shares were sold by the reporting person on 08/19/2025?

The filing reports aggregate disposals of 168 Class A shares sold across multiple trades on that date.

What were the reported prices for the transactions?

Prices for the trades ranged approximately from $165.24 to $170.01 per share across the reported executions.

How many TEAM shares does the reporting person own after the transactions?

After the reported transactions the reporting person beneficially owned 50,440 Class A shares directly and 120 shares indirectly (held by spouse).

Were these sales discretionary trades by the reporting person?

No. The filing states the sales were to satisfy tax withholding obligations and were executed as sell-to-cover transactions, not discretionary sales.