Insider sells thousands of MicroStrategy (NASDAQ: MSTR) shares in multiple trades

Rhea-AI Filing Summary

Jarrod M. Patten reported multiple sales of Class A shares of MSTR under a Form 144 filing. The excerpt lists option-related activity with an option grant dated 05/31/2016 and a sale reporting line for 05/08/2026. Several market dispositions from March through May 2026 are itemized, with individual trades showing share counts and gross proceeds.

Insights

Corporate Governance Analyst

Multiple insider sales by Jarrod M. Patten were reported; trades are routine disclosures.

The filing lists a sequence of Class A share dispositions across March–May 2026, with individual trade sizes and dollar amounts recorded. These entries document executed sales and a referenced option grant dated 05/31/2016.

Timing appears transactional; the excerpt does not state whether trades were under a trading plan or for liquidity. Subsequent filings may clarify attribution or remaining holdings.

Insider-Transactions Specialist

Sale-by-sale entries provide transparent transaction detail but no broader position context.

Each row gives a trade date, number of Class A shares, and gross amount received (e.g., $366,500 for 2,000 shares on 05/04/2026). The sequence enables proportionality checks when paired with total holdings disclosed elsewhere.

Without a disclosed post-transaction holding total or footnotes here, the filing shows executed dispositions only; cash-flow counterparties and intent are not specified in the excerpt.

Key Figures

Sale on 05/04/2026: 2,000 shares Sale on 04/13/2026: 3,400 shares Option reference: Option granted 05/31/2016

3 metrics

Sale on 05/04/2026 2,000 shares gross proceeds $366,500

Sale on 04/13/2026 3,400 shares gross proceeds $444,193.00

Option reference Option granted 05/31/2016 linked to Class A securities

Key Terms

Form 144, Option Granted, Class A

3 terms

Form 144 regulatory

"The excerpt lists sales and reporting lines under Form 144"

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.

Option Granted financial

"Option Granted - 05/31/2016 appears next to the Class A security line"

Class A financial

"Multiple entries are labeled as Class A shares sold on various dates"

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.

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	1000	186685.00	330807622	05/08/2026	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	05/08/2026	Option Granted - 05/31/2016	Issuer			1000	05/08/2026	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

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 Form 144 filed by Jarrod M. Patten show?

It shows multiple reported sales of Class A shares by Jarrod M. Patten. The excerpt lists dates, share counts, and gross proceeds for trades from March to May 2026, including individual entries such as 2,000 shares for $366,500 on 05/04/2026.

Does the filing disclose why Jarrod M. Patten sold MSTR shares?

No explicit reason is provided in the excerpt. The lines record transaction dates, share counts, and dollar amounts but do not state motivation, whether trades were discretionary, or if they were made under a pre-arranged plan.

What trade sizes and proceeds are shown in the excerpt for MSTR?

Examples include 2,000 shares for $366,500 on 05/04/2026 and 3,400 shares for $444,193 on 04/13/2026. Multiple other entries list share counts and gross proceeds across March–May 2026 as reported in the filing excerpt.

Is the 05/31/2016 option grant relevant to these sales for MSTR?

The excerpt references an option grant dated 05/31/2016 in connection with Class A securities. It indicates the underlying origin of some shares but does not detail vesting, exercises, or remaining option positions in this excerpt.