Strategy Inc (MSTR) director exercises 3,800 options and sells common stock
Rhea-AI Filing Summary
Strategy Inc director Jarrod M Patten exercised stock options for a total of 3,800 shares of Class A Common Stock on August 7, 2026 at an exercise price of $18.236 per share, then sold the same 3,800 shares in three tranches at prices of $101.5000, $102.6900, and $104.0350 per share. The filing also reports direct holdings of 10,000, 29,335, and 5,000 shares of three Series A Perpetual Preferred Stock classes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 3,800 shares ($320K approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Patten Jarrod M
Role
Director
Sold
3,800 shs ($389K)
Approx. gross sale proceeds
$389K
Approx. exercise cost
$69K
Approx. pre-tax spread
$320K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to buy) F1 | 1,950 | $0.00 | $0.00 |
| Exercise | Director Stock Option (Right to buy) F2 | 925 | $0.00 | $0.00 |
| Exercise | Director Stock Option (Right to buy) F3 | 925 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,950 | $18.236 | $36K |
| Sale | Class A Common Stock | 1,950 | $101.50 | $198K |
| Exercise | Class A Common Stock | 925 | $18.236 | $17K |
| Sale | Class A Common Stock | 925 | $102.69 | $95K |
| Exercise | Class A Common Stock | 925 | $18.236 | $17K |
| Sale | Class A Common Stock | 925 | $104.035 | $96K |
| holding | Series A Perpetual Strife Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stretch Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stride Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Director Stock Option (Right to buy) — 32,300 shares (Direct);
Class A Common Stock — 28,406 shares (Direct);
Series A Perpetual Strife Preferred Stock — 10,000 shares (Direct);
Series A Perpetual Stretch Preferred Stock — 29,335 shares (Direct);
Series A Perpetual Stride Preferred Stock — 5,000 shares (Direct)
Footnotes (3)
- F1. The 1,950 shares exercised on August 7, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 34,150 shares pursuant to this option, 9,150 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.
- F2. The 925 shares exercised on August 7, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 33,225 shares pursuant to this option, 8,225 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.
- F3. The 925 shares exercised on August 7, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 32,300 shares pursuant to this option, 7,300 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.
Key Figures
Shares sold: 3,800 shares
Option exercise price: $18.236 per share
Sale price 1: $101.5000 per share
+5 more
8 metrics
Shares sold
3,800 shares
Total Class A Common Stock shares sold on August 7, 2026
Option exercise price
$18.236 per share
Exercise price for options converted into 3,800 shares of Class A Common Stock
Sale price 1
$101.5000 per share
Price for sale of 1,950 shares of Class A Common Stock
Sale price 2
$102.6900 per share
Price for sale of 925 shares of Class A Common Stock
Sale price 3
$104.0350 per share
Price for sale of 925 shares of Class A Common Stock
Strife Preferred holding
10,000 shares
Series A Perpetual Strife Preferred Stock held directly after reported transactions
Stretch Preferred holding
29,335 shares
Series A Perpetual Stretch Preferred Stock held directly after reported transactions
Stride Preferred holding
5,000 shares
Series A Perpetual Stride Preferred Stock held directly after reported transactions
Key Terms
Director Stock Option (Right to buy), Exercise or conversion of derivative security, Series A Perpetual Strife Preferred Stock, Series A Perpetual Stretch Preferred Stock, +1 more
5 terms
Director Stock Option (Right to buy) financial
"security_title: Director Stock Option (Right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Series A Perpetual Strife Preferred Stock financial
"security_title: Series A Perpetual Strife Preferred Stock"
Series A Perpetual Stretch Preferred Stock financial
"security_title: Series A Perpetual Stretch Preferred Stock"
Series A Perpetual Stride Preferred Stock financial
"security_title: Series A Perpetual Stride Preferred Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MSTR director Jarrod M Patten do in this Form 4 filing?
Jarrod M Patten exercised options for 3,800 shares of Strategy Inc Class A Common Stock and sold all 3,800 shares on August 7, 2026 in three separate transactions at prices above the option exercise price.
What was the option exercise price in the MSTR director’s Form 4?
The stock options were exercised at an exercise price of $18.236 per share for a total of 3,800 underlying shares of Strategy Inc Class A Common Stock, which were then sold the same day in three transactions.
Were the transactions in this MSTR Form 4 option exercises, sales, or both?
The filing reports both activities: the director exercised stock options for 3,800 shares of Class A Common Stock and then sold all 3,800 shares the same day in three separate sale transactions.
What preferred stock holdings does the MSTR director report?
The director reports direct holdings of 10,000 shares of Series A Perpetual Strife Preferred Stock, 29,335 shares of Series A Perpetual Stretch Preferred Stock, and 5,000 shares of Series A Perpetual Stride Preferred Stock as of August 7, 2026.
Does the Form 4 for MSTR mention any Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirming plan (aff_10b5_one is false), and the structured data does not reference any pre-arranged Rule 10b5-1 trading plan in the footnotes.