Rule 144 sale planned by MSTR insider Wei-Ming Shao (NASDAQ: MSTR)

Rhea-AI Filing Summary

Wei-Ming Shao has filed a Rule 144 notice to sell 2,500 shares of MSTR Class A common stock. The planned sale through Fidelity Brokerage Services has an indicated aggregate market value of $322,225.00, with 267,713,485 Class A shares outstanding and an approximate sale date of 02/17/2026 on NASDAQ.

The shares to be sold were acquired on 02/17/2026 via an option granted on 02/23/2021, paid in cash. The filing also lists multiple prior Class A sales by Wei-Ming Shao over the past three months, each showing specific dates, share amounts, and gross proceeds.

Insights

Equity capital markets analyst

Form 144 shows a planned 2,500‑share Rule 144 sale after substantial recent selling.

The notice records a proposed sale of 2,500 MSTR Class A shares under Rule 144, with an indicated market value of $322,225.00. The shares were acquired by exercising an option granted on 02/23/2021 and paid for in cash on 02/17/2026.

The table of past three months’ activity lists numerous prior Class A sales by Wei-Ming Shao, with individual trades ranging from 2,000 to 22,500 shares and gross proceeds per trade up to $2,837,050.00. Actual market impact depends on overall trading volume and float, which are not detailed in this excerpt.

Because Rule 144 filings are notices of potential sales rather than completed transactions, execution will depend on market conditions and the seller’s instructions around the approximate sale date of 02/17/2026. Subsequent ownership levels are not provided here.

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	322225.00	267713485	02/17/2026	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	02/17/2026	Option Granted - 02/23/2021	Issuer			2500	02/17/2026	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	11/17/2025	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
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	02/10/2026	2500	334329.25
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	02/11/2026	2500	334050.00
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	02/12/2026	2500	318950.00
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	02/13/2026	5000	655212.50

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 by Wei-Ming Shao disclose?

The filing shows a planned sale of 2,500 MSTR Class A shares under Rule 144. It lists an aggregate market value of $322,225.00, an approximate NASDAQ sale date of 02/17/2026, and notes the shares were acquired via option exercise and paid for in cash.

How many MSTR shares does Wei-Ming Shao plan to sell under this Form 144?

The notice covers 2,500 MSTR Class A shares proposed for sale. These shares are to be sold through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $322,225.00 and an approximate sale date of 02/17/2026 on the NASDAQ exchange.

How and when were the MSTR shares in this Form 144 acquired?

The 2,500 MSTR shares were acquired on 02/17/2026 by exercising a stock option. The option was originally granted on 02/23/2021, and the filing states the acquisition was paid in cash on 02/17/2026, identifying the issuer as the source of the shares.

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

The document details multiple MSTR Class A sales over the past three months. It includes specific trades from 11/17/2025 through 02/13/2026, with individual transactions ranging from 2,000 to 22,500 shares and gross proceeds per trade reaching up to $2,837,050.00.

On which exchange and through which broker is the planned MSTR sale under Form 144?

The planned 2,500‑share MSTR sale is listed for NASDAQ execution. The filing names Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI 02917 as the broker handling the transaction, with the approximate sale date stated as 02/17/2026.

How many MSTR Class A shares are outstanding according to this Form 144?

The filing reports 267,713,485 MSTR Class A shares outstanding. This figure appears in the securities information section alongside the proposed sale of 2,500 shares, providing context for the size of the planned Rule 144 transaction relative to total outstanding shares.