MicroStrategy (MSTR) insider Patten plans 3,800-share NASDAQ sale after options

Rhea-AI Filing Summary

MicroStrategy Incorporated insider Jarrod M. Patten filed a notice of proposed sale of 3,800 shares of Class A stock, expected to be sold on 08/07/2026 on NASDAQ following a Stock Option Exercise, with cash as the payment method.

The filing also lists multiple prior sales of Class A shares during May–July 2026, including 15,050 shares for $2,331,812.78 on 05/29/2026 and 7,250 shares for $1,071,080.23 on 05/28/2026, showing an ongoing disposition program by the same insider.

Key Figures

Planned shares to be sold: 3,800 shares Reported value of planned sale: $389,145.63 Sale on 05/28/2026: 7,250 shares; $1,071,080.23 +2 more

5 metrics

Planned shares to be sold 3,800 shares Proposed Class A sale on 08/07/2026 on NASDAQ

Reported value of planned sale $389,145.63 Aggregate value tied to 3,800-share proposed disposition

Sale on 05/28/2026 7,250 shares; $1,071,080.23 Class A sale by Jarrod M. Patten on 05/28/2026

Sale on 05/29/2026 15,050 shares; $2,331,812.78 Class A sale by Jarrod M. Patten on 05/29/2026

Sale on 07/27/2026 1,950 shares; $192,036.00 Class A sale by Jarrod M. Patten on 07/27/2026

Key Terms

Stock Option Exercise, Class A, NASDAQ

3 terms

Stock Option Exercise financial

"Class A | 08/07/2026 | Stock Option Exercise | Issuer"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Class A financial

"Class A | Fidelity Brokerage Services LLC 900 Salem Street"

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.

NASDAQ market

"364585501 | 08/07/2026 | NASDAQ"

The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/07/2026 - 05:33 PM Accepted by SEC EDGAR 08/07/2026 - 05:33 PM Learn about SEC filing dates

FAQ

What is Jarrod M. Patten planning to sell in this MSTR Form 144 filing?

Jarrod M. Patten plans to sell 3,800 shares of Class A stock of MicroStrategy Incorporated, following a Stock Option Exercise, with the sale expected on 08/07/2026 on NASDAQ for cash.

What is the reported value of the planned 3,800-share sale for MSTR?

The planned sale of 3,800 Class A shares is associated with a reported value of $389,145.63. This reflects the aggregate dollar amount tied to the proposed disposition disclosed by Jarrod M. Patten.

How will the MSTR shares be acquired for the planned sale?

The 3,800 Class A shares are tied to a Stock Option Exercise by the issuer, with settlement designated as Cash. After exercising options, the shares are expected to be sold on 08/07/2026 on NASDAQ.

What prior MSTR share sales by Jarrod M. Patten are disclosed?

Disclosures include multiple sales of Class A shares between May and July 2026, such as 15,050 shares for $2,331,812.78 on 05/29/2026 and 7,250 shares for $1,071,080.23 on 05/28/2026.

Over what period does the MSTR Form 144 list Jarrod M. Patten’s past sales?

The filing lists Jarrod M. Patten’s past three months of Class A share sales, covering transactions from 05/08/2026 through 07/27/2026, each with specific share counts and dollar amounts.

On which exchange are the MSTR shares in this Form 144 expected to trade?

The 3,800 Class A shares covered by this notice are expected to be sold on the NASDAQ market. The filing ties the proposed sale date to 08/07/2026 with cash as consideration.

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	3800	389145.63	364585501	08/07/2026	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	08/07/2026	Stock Option Exercise	Issuer			3800	08/07/2026	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	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
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/14/2026	1500	286280.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/19/2026	3000	500750.19
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/20/2026	2250	374337.63
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/26/2026	1250	206625.38
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/28/2026	7250	1071080.23
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	05/29/2026	15050	2331812.78
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	06/15/2026	1500	200951.24
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	06/17/2026	1500	181965.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	06/23/2026	1500	159120.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/22/2026	1250	125000.00
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/24/2026	1950	180287.25
Jarrod M. Patten 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/27/2026	1950	192036.00

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)