MSTR (NASDAQ: MSTR) insider plans Rule 144 sale of 2,500 shares
Filing Impact
Filing Sentiment
Form Type
144
A shareholder has filed a notice to sell additional stock under Rule 144. The filing covers a proposed sale of 2,500 Class A shares through Fidelity Brokerage Services LLC on 02/10/2026, with an aggregate market value of 334,329.34 and 267,713,485 shares outstanding.
The shares to be sold were acquired on 02/10/2026 via an option granted on 02/23/2021 and paid for in cash. The notice also lists numerous prior Class A share sales by Wei-Ming Shao over the past three months, with individual transactions ranging from 2,000 to 22,500 shares.
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| 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 | 2500 | 334329.34 | 267713485 | 02/10/2026 | 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 | 02/10/2026 | Option Granted - 02/23/2021 | Issuer | 2500 | 02/10/2026 | 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 |
|---|---|---|---|---|
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/10/2025 | 5334 | 1328819.42 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/11/2025 | 5334 | 1254454.92 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/12/2025 | 5334 | 1207395.17 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/13/2025 | 2600 | 581535.50 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/14/2025 | 2600 | 521248.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/17/2025 | 2600 | 520000.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/18/2025 | 2600 | 520000.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 11/19/2025 | 2600 | 525252.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/14/2026 | 5000 | 933250.50 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/22/2026 | 2000 | 325646.80 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/23/2026 | 2000 | 322000.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/26/2026 | 2000 | 320008.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/27/2026 | 2000 | 320503.40 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/28/2026 | 2000 | 329960.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 01/30/2026 | 2000 | 280400.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 02/02/2026 | 2500 | 350804.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 02/03/2026 | 2500 | 350150.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 02/04/2026 | 2500 | 325075.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 02/05/2026 | 3000 | 360360.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 02/06/2026 | 22500 | 2837050.00 |
| Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182 | Class A | 02/09/2026 | 2500 | 318675.00 |
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 MSTR Rule 144 filing disclose about upcoming share sales?
The filing discloses a planned sale of 2,500 Class A shares on 02/10/2026. These shares will be sold through Fidelity Brokerage Services LLC, with an aggregate market value of 334,329.34 stated and the stock listed on the NASDAQ exchange.
Who is selling MSTR shares under this Rule 144 notice and in what amount?
The notice relates to sales for the account of Wei-Ming Shao. It specifies a proposed sale of 2,500 Class A shares, acquired via an option granted on 02/23/2021 and exercised for cash on 02/10/2026, to be executed through Fidelity.
What prior MSTR share sales by Wei-Ming Shao are reported in the last three months?
The document lists multiple Class A share sales by Wei-Ming Shao over the past three months. Individual transactions include 5,334-share blocks in November 2025 and sales such as 22,500 shares on 02/06/2026, with gross proceeds like 2,837,050.00 reported for that larger trade.
How were the 2,500 MSTR shares in the new Rule 144 sale acquired?
The 2,500 Class A shares were acquired on 02/10/2026 by exercising an option originally granted on 02/23/2021. The filing notes that payment for these shares was made in cash, indicating a standard option exercise followed by a proposed Rule 144 sale.
What information about MSTR share count is included in this Rule 144 filing?
For context, the filing states that 267,713,485 shares or other units of the Class A security are outstanding. This figure appears alongside the proposed 2,500-share sale and aggregate market value, helping frame the size of the planned transaction relative to total outstanding shares.
On which exchange are the MSTR Class A shares in this Rule 144 filing traded?
The filing specifies that the Class A shares involved in the planned 2,500-share sale trade on NASDAQ. It also identifies Fidelity Brokerage Services LLC, based in Smithfield, Rhode Island, as the broker handling the transaction on the approximate sale date of 02/10/2026.