Wei-Ming Shao plans 2,000-share MicroStrategy (MSTR) Class A sale

Rhea-AI Filing Summary

This notice states that an existing holder of MicroStrategy (Class A) stock, identified as Wei-Ming Shao, intends to sell 2,000 Class A shares through Fidelity Brokerage Services LLC on the NASDAQ. The planned sale has an aggregate market value of 322000.00, compared with 267,713,485 Class A shares shown as outstanding.

The 2,000 shares to be sold were acquired on 01/23/2026 by exercising an employee stock option originally granted on 02/23/2021, paid for in cash. The filing also lists prior sales of Class A shares by the same holder over the past three months on several dates in November 2025 and January 2026, each with specified share amounts and gross proceeds, indicating an ongoing program of stock sales under Rule 144.

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	2000	322000.00	267713485	01/23/2026	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	01/23/2026	Option Granted - 02/23/2021	Issuer			2000	01/23/2026	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	325646.76

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 this Form 144 filing for MSTR disclose?

The filing discloses that Wei-Ming Shao plans to sell 2,000 Class A shares of MicroStrategy on the NASDAQ, with an aggregate market value of 322000.00, under SEC Rule 144.

How many MicroStrategy (MSTR) shares are planned to be sold and on which exchange?

The notice covers a proposed sale of 2,000 Class A shares of MicroStrategy, to be sold on the NASDAQ through Fidelity Brokerage Services LLC.

How were the MSTR shares in this Form 144 acquired?

The 2,000 Class A shares were acquired on 01/23/2026 by exercising an option granted on 02/23/2021, with the exercise price paid in cash.

How many MicroStrategy shares are shown as outstanding in this Form 144?

The securities information section lists 267,713,485 Class A shares as the number of shares outstanding for MicroStrategy.

What prior sales of MSTR stock by this holder are reported in the last three months?

The filing lists several prior sales of Class A shares by Wei-Ming Shao between 11/10/2025 and 01/22/2026, including transactions such as 5,334 shares on 11/10/2025 and 5,000 shares on 01/14/2026, each with stated gross proceeds.

What representation does the selling holder make in this MSTR Form 144?

By signing, the selling holder represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.