Shareholder in Issuer (NASDAQ: MSTR) plans 2,500-share Class A sale

Rhea-AI Filing Summary

Shareholder Wei-Ming Shao has filed a Form 144 notice to sell 2,500 Class A shares, with an aggregate market value of $350,804, through Fidelity Brokerage Services on or about 02/02/2026 on the NASDAQ market. The issuer had 267,713,485 Class A shares outstanding at the time referenced.

The 2,500 shares to be sold were acquired on 02/02/2026 via an option granted on 02/23/2021, paid in cash. The filing also lists multiple prior Class A sales over the past three months, including several blocks of 5,334 shares in November 2025 and 5,000 shares on 01/14/2026.

Insights

Equity capital markets analyst

Form 144 shows a planned 2,500‑share sale alongside recent sizable prior sales.

Wei-Ming Shao has filed a Form 144 to sell 2,500 Class A shares, with aggregate market value of $350,804, on or about 02/02/2026 via Fidelity on NASDAQ. These shares come from an option granted on 02/23/2021 and exercised for cash on 02/02/2026.

The notice also lists a series of recent sales over the prior three months, including 5,334 Class A shares sold on several days in November 2025 and 5,000 Class A shares sold on 01/14/2026, plus additional 2,000‑share blocks later in January 2026. This pattern suggests ongoing portfolio activity by this shareholder.

Overall, the filing documents planned and recent sales but does not quantify their size relative to the issuer’s 267,713,485 Class A shares outstanding, so the ownership and market impact are not directly assessable from this excerpt alone.

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	350804.00	267713485	02/02/2026	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	02/02/2026	Option Granted - 02/23/2021	Issuer			2500	02/02/2026	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	Common	01/30/2026	2000	280400.00

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 Form 144 filing for MSTR disclose about Wei-Ming Shao’s planned sale?

The filing shows shareholder Wei-Ming Shao plans to sell 2,500 Class A shares, with aggregate market value of about $350,804, through Fidelity Brokerage Services on or about 02/02/2026 on NASDAQ. These shares were acquired via an option granted in February 2021.

How many MSTR Class A shares does Form 144 say are outstanding?

The Form 144 states that there are 267,713,485 Class A shares outstanding. This figure provides context for the planned 2,500‑share sale but does not by itself indicate the seller’s total ownership or overall market impact of the transactions disclosed.

How did Wei-Ming Shao acquire the MSTR shares being sold under Form 144?

The 2,500 Class A shares were acquired on 02/02/2026 through the exercise of a stock option that was originally granted on 02/23/2021. The filing notes that the option exercise was paid in cash, and the shares are now slated for resale.

What recent MSTR share sales by Wei-Ming Shao are listed in the Form 144?

The filing lists multiple prior Class A sales over the past three months, including several 5,334‑share transactions on consecutive days in November 2025 and a 5,000‑share sale on 01/14/2026. Additional 2,000‑share Class A and Common stock sales appear in late January 2026.

Which broker and exchange are involved in the planned MSTR share sale in this Form 144?

The Form 144 indicates that the 2,500 Class A shares are to be sold through Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island. The shares are expected to be sold on the NASDAQ stock market on or about 02/02/2026.