Form 4 for MSTR Strategy Inc
Accepted 2025-07-11 00:00:00 ET · period of report 2025-07-09 · accession 0000950170-25-095415 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-07-11 | 2025-07-09+ | MSTR | Shao Wei-Ming | EVP, GC | S - Sale+OE | $408.00 | -52.5K | 12.7K | -80% | -$21.42M |
| DM | 2025-07-11 | 2025-07-09+ | MSTR | Shao Wei-Ming | EVP, GC | M - OptEx | $34.99 | +52.5K | 45.2K | New | +$1.84M |
| DM | 2025-07-11 | 2025-07-09+ | MSTR | Shao Wei-Ming | EVP, GC | M - OptEx | $0.00 | -52.5K | 180.0K | -23% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-07-10 | S | D | 418 | $422.14 | 12,726 | D | — | — | (F11) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $422.05 to $422.24, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 2 | Common | Class A Common Stock | 2025-07-10 | S | D | 4,045 | $421.43 | 13,144 | D | — | — | (F10) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $421.00 to $421.95, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 3 | Common | Class A Common Stock | 2025-07-10 | S | D | 7,088 | $420.40 | 17,189 | D | — | — | (F9) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $420.00 to $420.90, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 4 | Common | Class A Common Stock | 2025-07-10 | S | D | 1,123 | $419.40 | 24,277 | D | — | — | (F8) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $419.00 to $419.76, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 5 | Common | Class A Common Stock | 2025-07-10 | S | D | 600 | $418.34 | 25,400 | D | — | — | (F7) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $417.97 to $418.82, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 6 | Common | Class A Common Stock | 2025-07-10 | S | D | 1,300 | $417.08 | 26,000 | D | — | — | (F6) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $416.94 to $417.24, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 7 | Common | Class A Common Stock | 2025-07-10 | S | D | 600 | $415.95 | 27,300 | D | — | — | (F5) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $415.50 to $416.42, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 8 | Common | Class A Common Stock | 2025-07-10 | S | D | 1,200 | $414.95 | 27,900 | D | — | — | (F4) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $414.50 to $415.49, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 9 | Common | Class A Common Stock | 2025-07-10 | S | D | 2,426 | $413.82 | 29,100 | D | — | — | (F3) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $413.39 to $414.30, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 10 | Common | Class A Common Stock | 2025-07-10 | S | D | 1,200 | $412.90 | 31,526 | D | — | — | (F2) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $412.37 to $413.26, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 11 | Common | Class A Common Stock | 2025-07-10 | M | A | 20,000 | $40.46 | 32,726 | D | — | — | |
| 12 | Common | Class A Common Stock | 2025-07-09 | S | D | 32,500 | $401.47 | 12,726 | D | — | — | (F1) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $401.31 to $402.00, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated d/b/a Strategy ("Strategy"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote. |
| 13 | Common | Class A Common Stock | 2025-07-09 | M | A | 20,000 | $40.46 | 32,726 | D | — | — | |
| 14 | Common | Class A Common Stock | 2025-07-09 | M | A | 12,500 | $17.50 | 45,226 | D | — | — | |
| 15 | Derivative | Employee Stock Option (Right to buy) | 2025-07-10 | M | D | 20,000 | $0.00 | 160,000 | D | $40.46 · — to 2032-02-17 | 20,000 Class A Common Stock | (F14) The 20,000 shares exercised on July 10, 2025 pursuant to this option vested on February 17, 2023. Of the remaining 160,000 shares subject to this option, 10,000 shares vested on February 17, 2023, 50,000 shares vested on February 17, 2024, 50,000 shares vested on February 17, 2025 and 50,000 shares are scheduled to vest on February 17, 2026. |
| 16 | Derivative | Employee Stock Option (Right to buy) | 2025-07-09 | M | D | 12,500 | $0.00 | 100,000 | D | $17.50 · — to 2032-11-10 | 12,500 Class A Common Stock | (F13) The 12,500 shares exercised on July 9, 2025 pursuant to this option vested on November 10, 2024. Of the remaining 100,000 shares subject to this option, 50,000 shares are scheduled to vest on November 10, 2025 and 50,000 shares are scheduled to vest on November 10, 2026. |
| 17 | Derivative | Employee Stock Option (Right to buy) | 2025-07-09 | M | D | 20,000 | $0.00 | 180,000 | D | $40.46 · — to 2032-02-17 | 20,000 Class A Common Stock | (F12) The 20,000 shares exercised on July 9, 2025 pursuant to this option vested on February 17, 2023. Of the remaining 180,000 shares subject to this option, 30,000 shares vested on February 17, 2023, 50,000 shares vested on February 17, 2024, 50,000 shares vested on February 17, 2025 and 50,000 shares are scheduled to vest on February 17, 2026. |