Form 4 for MSTR Strategy Inc
Accepted 2025-09-22 00:00:00 ET · period of report 2025-09-18 · accession 0001193125-25-211397 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-09-22 | 2025-09-18 | MSTR | Shao Wei-Ming | EVP, GC | M - OptEx | $40.46 | +10.0K | 22.7K | +79% | +$404.6K |
| D | 2025-09-22 | 2025-09-18 | MSTR | Shao Wei-Ming | EVP, GC | S - Sale+OE | $355.79 | -10.0K | 12.7K | -44% | -$3.56M |
| D | 2025-09-22 | 2025-09-18 | MSTR | Shao Wei-Ming | EVP, GC | M - OptEx | $0.00 | -10.0K | 129.1K | -7% | $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 | 2025-09-18 | M | A | 10,000 | $40.46 | 22,726 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-09-18 | S | D | 10,000 | $355.79 | 12,726 | D | — | — | (F1) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.62 to $355.95, inclusive. The reporting person undertakes to provide to Strategy Inc ("Strategy"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote. |
| 3 | Derivative | Employee Stock Option (Right to buy) | 2025-09-18 | M | D | 10,000 | $0.00 | 129,100 | D | $40.46 · — to 2032-02-17 | 10,000 Class A Common Stock | (F2) The 10,000 shares exercised on September 18, 2025 pursuant to this option vested on February 17, 2024. Of the remaining 129,100 shares subject to this option, 29,100 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. |