Form 4 for MSTR Strategy Inc
Accepted 2025-11-20 00:00:00 ET · period of report 2025-11-18 · accession 0001193125-25-289868 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2025-11-20 | 2025-11-18+ | MSTR | Shao Wei-Ming | EVP, GC | M - OptEx | $69.12 | +5,200 | 35.3K | +17% | +$359.4K |
| DMT | 2025-11-20 | 2025-11-18+ | MSTR | Shao Wei-Ming | EVP, GC | S - Sale+OE | $201.01 | -5,200 | 32.7K | -14% | -$1.05M |
| DMT | 2025-11-20 | 2025-11-18+ | MSTR | Shao Wei-Ming | EVP, GC | M - OptEx | $0.00 | -5,200 | 171.0K | -3% | $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 | 2025-11-19 | M | A | 2,600 | $69.12 | 35,326 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-11-19 | S | D | 2,600 | $202.02 | 32,726 | D | — | — | |
| 3 | Common | Class A Common Stock | 2025-11-18 | S | D | 2,600 | $200.00 | 32,726 | D | — | — | |
| 4 | Common | Class A Common Stock | 2025-11-18 | M | A | 2,600 | $69.12 | 35,326 | D | — | — | |
| 5 | Derivative | Employee Stock Option (Right to buy) | 2025-11-18 | M | D | 2,600 | $0.00 | 173,598 | D | $69.12 · — to 2031-02-23 | 2,600 Class A Common Stock | (F2) The 2,600 shares exercised on November 18, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 173,598 shares subject to this option, 23,598 shares vested on February 23, 2022, 50,000 shares vested on February 23, 2023, 50,000 shares vested on February 23, 2024 and 50,000 shares vested on February 23, 2025. |
| 6 | Derivative | Employee Stock Option (Right to buy) | 2025-11-19 | M | D | 2,600 | $0.00 | 170,998 | D | $69.12 · — to 2031-02-23 | 2,600 Class A Common Stock | (F3) The 2,600 shares exercised on November 19, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 170,998 shares subject to this option, 20,998 shares vested on February 23, 2022, 50,000 shares vested on February 23, 2023, 50,000 shares vested on February 23, 2024 and 50,000 shares vested on February 23, 2025. |