Atlassian (TEAM) — DNB Asset Management reports 5.6% stake, 8.08M shares

Rhea-AI Filing Summary

Atlassian Corporation reports a Schedule 13G filing showing DNB Asset Management beneficially owns 8,077,726 shares of Class A Common Stock. The filing states this represents 5.6% of the class as of 03/31/2026, with DNB holding sole power to vote and dispose of all listed shares. The Schedule 13G was signed on 05/14/2026 by the reporting officer for DNB Asset Management.

Insights

Institutional Ownership Analyst

Large passive stake disclosed: 8,077,726 shares (5.6%).

The filing lists 8,077,726 shares and a 5.6% ownership stake as of 03/31/2026. The reporting person is DNB Asset Management and the Schedule 13G format indicates a passive disclosure rather than an active acquisition announcement.

Cash‑flow treatment and any acquisition timing are not stated in the excerpt; subsequent filings would show changes if the holder trades further.

Governance & Proxy Specialist

Voting and dispositive control fully held by the reporting entity.

The cover data show sole voting power 8,077,726 and sole dispositive power 8,077,726, which the signer certifies. This establishes DNB's direct control over voting of the disclosed shares.

Any proxy or engagement implications depend on DNB's governance policy; timing and intentions are not included in this filing excerpt.

Key Figures

Filing type: Schedule 13G Shares beneficially owned: 8,077,726 shares Percent of class: 5.6% +3 more

6 metrics

Filing type Schedule 13G Passive ownership disclosure

Shares beneficially owned 8,077,726 shares Class A Common Stock

Percent of class 5.6% as of 03/31/2026

CUSIP 049468101 Class A Common Stock identifier

Sole voting power 8,077,726 shares reported on cover data

Sole dispositive power 8,077,726 shares reported on cover data

Key Terms

Schedule 13G, Beneficially owned, Sole Dispositive Power, Percent of class

4 terms

Schedule 13G regulatory

"Item 2. | (a) | Name of person filing: DNB Asset Management"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficially owned financial

"Item 4. | (a) | Amount beneficially owned: 8,077,726"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power regulatory

"6 | Sole Dispositive Power 8,077,726.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Percent of class financial

"Item 4. | (b) | Percent of class: 5.6%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Atlassian Corporation

(Name of Issuer)

Class A Common Stock, $0.00001 par value per share

(Title of Class of Securities)

049468101

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 049468101

1

Names of Reporting Persons

DNB Asset Management AS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORWAY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,077,726.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 8,077,726.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,077,726.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Atlassian Corporation
(b)	Address of issuer's principal executive offices: 350 BUSH STREET, FLOOR 13, SAN FRANCISCO, CA, 94104
Item 2.
(a)	Name of person filing: DNB Asset Management AS
(b)	Address or principal business office or, if none, residence: Dronning Eufemias Gate 30, 0191 Oslo, Norway
(c)	Citizenship: Citizenship is set forth in Row 4 of the cover page for the Reporting Person and is incorporated herein by reference.
(d)	Title of class of securities: Class A Common Stock, $0.00001 par value per share
(e)	CUSIP Number(s): 049468101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 8,077,726
(b)	Percent of class: 5.6% deemed beneficially owned
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 8,077,726
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 8,077,726
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DNB Asset Management AS

Signature:	/s/ Jens Kildal
Name/Title:	Head of Reporting
Date:	05/14/2026

FAQ

What stake in Atlassian (TEAM) does DNB Asset Management report?

DNB Asset Management reports beneficial ownership of 8,077,726 shares, equal to 5.6% of Class A Common Stock as of 03/31/2026. The filing shows sole voting and dispositive power over these shares.

What type of SEC filing reported DNB's ownership in TEAM?

The position is reported on a Schedule 13G, a form used for passive institutional investors to disclose beneficial ownership under certain conditions. The document was signed on 05/14/2026.

Does the filing indicate DNB Asset Management will sell or buy more TEAM shares?

The Schedule 13G excerpt does not state any planned purchases or sales. It discloses current beneficial ownership and voting/dispositive power; transaction intentions are not included in the provided text.

Who certified the Schedule 13G for DNB Asset Management?

The filing is signed by Jens Kildal, identified as Head of Reporting, on 05/14/2026, certifying the ownership figures and voting/dispositive powers disclosed.

What CUSIP and share class are reported in the filing?

The filing references Atlassian Class A Common Stock with CUSIP 049468101. The ownership amount is presented in whole shares for that class.