Insider sale notice: MSTR (NASDAQ:MSTR) files Form 144 to sell 1,500 shares

Rhea-AI Filing Summary

MSTR affiliate Jarrod M. Patten reported proposed and recent sales of Class A shares under Form 144. The notice lists a planned sale of 1,500 shares with a sale method marked Cash and an option grant date of 05/31/2016. The filing also itemizes multiple open-market dispositions by Mr. Patten during March–May 2026, including sales of 2,750 shares on 05/11/2026 for $526,886.25 and 1,900 shares on 04/09/2026 for $248,105.00.

Insights

Securities Counsel

Routine Form 144 notice by an affiliate reporting proposed and past sales.

The filing lists a proposed sale of 1,500 Class A shares and documents multiple completed dispositions in March–May 2026. The method for the planned sale is identified as Cash and references an option granted 05/31/2016.

Timing and sequencing are important for compliance; subsequent trade confirmations or Rule 144 availability details would appear in later filings or broker records.

Equity Capital Markets Analyst

Document is an administrative resale notice, not a corporate financing.

The schedule shows granular open-market sales with per-trade proceeds (for example 2,250 shares on 05/01/2026 for $391,145.00), indicating stepped dispositions rather than a single block sale. No proceeds recipient or use-of-proceeds information is disclosed.

Market impact depends on overall holder position, which the excerpt does not state; subsequent SEC filings may show additional context.

Key Figures

Planned sale: 1,500 shares Sale on 05/11/2026: 2,750 shares Sale on 04/09/2026: 1,900 shares +2 more

5 metrics

Planned sale 1,500 shares scheduled 05/14/2026

Sale on 05/11/2026 2,750 shares proceeds $526,886.25

Sale on 04/09/2026 1,900 shares proceeds $248,105.00

Sale on 05/01/2026 2,250 shares proceeds $391,145.00

Option grant date 05/31/2016 referenced for planned sale

Key Terms

Form 144, Class A, Option Granted

3 terms

Form 144 regulatory

"proposed sale of 1,500 Class A shares (Form 144 filing)"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Class A financial

"Securities To Be Sold | Class A | 05/14/2026"

Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

Option Granted financial

"Option Granted - 05/31/2016 noted beside planned sale"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1500	286280.00	330807622	05/14/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	05/14/2026	Option Granted - 05/31/2016	Issuer			1500	05/14/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	03/26/2026	700	96159.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	03/30/2026	700	89628.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	03/31/2026	700	87248.07
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/01/2026	700	85404.97
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/07/2026	700	86176.23
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/08/2026	1400	184478.56
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/09/2026	1900	248105.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/13/2026	3400	444193.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/20/2026	1500	250420.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/21/2026	500	86000.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/22/2026	2000	356312.50
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	04/30/2026	1750	285555.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/01/2026	2250	391145.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/04/2026	2000	366500.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/08/2026	1000	186685.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/11/2026	2750	526886.25

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 from MSTR disclose?

The filing discloses a proposed sale of 1,500 Class A shares and multiple completed sales by Jarrod M. Patten between 03/26/2026 and 05/11/2026. It lists per-trade share counts and proceeds for each disposition.

Who is the reporting party in the MSTR Form 144?

The reported seller is Jarrod M. Patten, with brokerage entries showing Fidelity Brokerage Services LLC as the broker and an address in Tysons Corner, VA associated with the reporting entries.

How many shares are planned for sale and how was that sale described?

The Form 144 lists a planned sale of 1,500 shares scheduled on 05/14/2026, described under the filing as arising from an option granted 05/31/2016 and the sale method noted as Cash.

What recent sales by the reporting person are listed in the filing?

The filing enumerates multiple recent dispositions, for example 2,750 shares on 05/11/2026 for $526,886.25, 1,750 shares on 04/30/2026 for $285,555.00, and 2,000 shares on 04/22/2026 for $356,312.50.