Insider Wei-Ming Shao plans MicroStrategy (NASDAQ: MSTR) Rule 144 share sale

Rhea-AI Filing Summary

MicroStrategy Class A shareholder Wei-Ming Shao has filed a Rule 144 notice to sell 2,000 shares on NASDAQ. The planned sale, through Fidelity Brokerage Services LLC, has an aggregate market value of $280,400.00, with the issuer reporting 267,713,485 shares outstanding for this class.

The 2,000 shares to be sold are Class A shares acquired on 01/30/2026 via an option originally granted on 02/23/2021, with the purchase price paid in cash. The filing also lists prior Class A sales by Shao over the past three months, including several transactions of 5,334, 2,600, and 2,000 shares on multiple dates in November 2025 and January 2026, with individual gross proceeds such as $1,328,819.42 on 11/10/2025 and $933,250.50 on 01/14/2026. By signing the notice, the seller represents that he is not aware of undisclosed material adverse information about the issuer’s operations.

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

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 filing by Wei-Ming Shao disclose?

The filing discloses a planned sale of 2,000 Class A shares of MicroStrategy on NASDAQ. It lists the broker, aggregate market value of $280,400.00, acquisition details for the shares, and prior sales by the same seller over the past three months.

How many MicroStrategy (MSTR) shares are covered by this planned sale?

The notice covers a proposed sale of 2,000 Class A shares. These shares were acquired on 01/30/2026 through an option granted on 02/23/2021, with the purchase price paid in cash before the planned disposition on NASDAQ.

What is the reported market value of the MSTR shares to be sold?

The filing shows an aggregate market value of $280,400.00 for the 2,000 Class A shares covered by this notice. This figure reflects the seller’s estimate of the value for this specific block at the time of the filing.

How many MicroStrategy Class A shares are outstanding according to the filing?

The document reports 267,713,485 Class A shares outstanding. This figure provides a baseline for understanding the size of the planned 2,000‑share sale relative to the total number of Class A shares issued by the company.

What prior MicroStrategy (MSTR) stock sales by Wei-Ming Shao are listed?

The notice lists multiple recent Class A sales, including 5,334 shares on 11/10/2025 for $1,328,819.42 and 5,000 shares on 01/14/2026 for $933,250.50, along with several additional transactions of 2,600 and 2,000 shares.

How were the MSTR shares in this Form 144 acquired by the seller?

The 2,000 Class A shares to be sold were acquired on 01/30/2026 via an option granted on 02/23/2021. The filing states that payment for these shares was made in cash on the same acquisition date.

What representation does the seller make in this MicroStrategy Form 144?

By signing the notice, the seller represents that he does not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the requirements described in the Form 144 instructions.