MSTR · Strategy Inc · Insider Trading
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-09-22 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
Of the 475 shares exercised on September 22, 2026 pursuant to this option, 325 vested on May 31, 2019, and 150 vested on May 31, 2020. Of the remaining 24,850 shares pursuant to this option, 12,350 vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
475 |
| 2026-09-22 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
475 |
| 2026-09-22 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
475 |
| 2026-09-21 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,425 |
| 2026-09-21 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
475 |
| 2026-09-21 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
475 |
| 2026-09-21 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,425 shares exercised on September 21, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 25,325 shares pursuant to this option, 325 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,425 |
| 2026-09-21 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
475 |
| 2026-09-04 | Chow Thomas C. |
EVP & General Counsel |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
Reflects 106 shares of class A common stock of Strategy Inc ("Strategy") acquired under the Strategy Employee Stock Purchase Plan on August 31, 2026 and, as reported herein, subsequently disposed on September 4, 2026. |
Class A Common Stock
|
106 |
| 2026-08-27 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,850 |
| 2026-08-27 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-27 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,850 shares exercised on August 27, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 26,750 shares pursuant to this option, 1,750 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,850 |
| 2026-08-27 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-25 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
925 |
| 2026-08-25 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-25 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 2,775 shares exercised on August 25, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 28,600 shares pursuant to this option, 3,600 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
2,775 |
| 2026-08-25 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-25 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-25 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
925 |
| 2026-08-25 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
925 |
| 2026-08-24 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 925 shares exercised on August 24, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 31,375 shares pursuant to this option, 6,375 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
925 |
| 2026-08-24 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-24 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
925 |
| 2026-08-07 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 925 shares exercised on August 7, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 32,300 shares pursuant to this option, 7,300 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
925 |
| 2026-08-07 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-07 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 925 shares exercised on August 7, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 33,225 shares pursuant to this option, 8,225 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
925 |
| 2026-08-07 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
925 |
| 2026-08-07 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
1,950 |
| 2026-08-07 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,950 |
| 2026-08-07 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,950 shares exercised on August 7, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 34,150 shares pursuant to this option, 9,150 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,950 |
| 2026-08-07 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
925 |
| 2026-08-07 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
925 |
| 2026-07-27 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
Of the 1,950 shares exercised on July 27, 2026 pursuant to this option, 550 shares vested on May 31, 2018 and 1,400 shares vested on May 31, 2019. Of the remaining 36,100 shares subject to this option, 11,100 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,950 |
| 2026-07-27 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
1,950 |
| 2026-07-27 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,950 |
| 2026-07-24 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
1,950 |
| 2026-07-24 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,950 shares exercised on July 24, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 38,050 shares pursuant to this option, 550 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,950 |
| 2026-07-24 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,950 |
| 2026-07-22 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,250 |
| 2026-07-22 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
1,250 |
| 2026-07-22 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,250 shares exercised on July 22, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 40,000 shares pursuant to this option, 2,500 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,250 |
| 2026-06-23 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
1,500 |
| 2026-06-23 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,500 shares exercised on June 23, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 41,250 shares pursuant to this option, 3,750 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,500 |
| 2026-06-23 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,500 |
| 2026-06-22 | Le Phong |
Director, President & CEO |
Buy↑
Filing footnotes — Series A Perpetual Stretch Preferred Stock (Indirect)
The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $90.66 to $90.87, 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 range set forth in this footnote. These securities are held directly by the Phong Le Revocable Trust, of which the Reporting Person is the trustee and beneficiary. |
Series A Perpetual Stretch Preferred Stock
(I)
|
11,000 |
| 2026-06-17 | Patten Jarrod M |
Director |
Convert↑
|
Class A Common Stock
|
1,500 |
| 2026-06-17 | Patten Jarrod M |
Director |
Sell↓
|
Class A Common Stock
|
1,500 |
| 2026-06-17 | Patten Jarrod M |
Director |
Convert↓
Filing footnotes — Director Stock Option (Right to buy) (Direct)
The 1,500 shares exercised on June 17, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 42,750 shares pursuant to this option, 5,250 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. |
Director Stock Option (Right to buy)
|
1,500 |
| 2026-06-16 | Chow Thomas C. |
EVP & General Counsel |
Buy↑
|
Series A Perpetual Stretch Preferred Stock
|
100 |
| 2026-06-16 | Chow Thomas C. |
EVP & General Counsel |
Buy↑
|
Series A Perpetual Strike Preferred Stock
|
11 |