Strategy Inc (MSTR) CEO receives new option, RSU and PSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Strategy Inc President & CEO Le Phong received new equity awards on March 17, 2026. He was granted options for 26,105 shares of Class A common stock at an exercise price of $150.28 per share, expiring on March 17, 2036. These options vest 25% on the first anniversary of the grant and 25% each year thereafter until fully vested.
Le Phong also received 36,595 restricted stock units, each representing one share of Class A common, vesting 25% annually over four years. In addition, he was granted a target of 20,911 performance stock units, which can pay out between 0% and 200% of the target based on Strategy’s relative total shareholder return versus the Nasdaq Composite Index over a three-year period from March 17, 2026 to March 16, 2029, subject to Compensation Committee certification and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Le Phong
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to buy) | 26,105 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 36,595 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 20,911 | $0.00 | -- |
| holding | Series A Perpetual Strife Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stretch Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stretch Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stretch Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stretch Preferred Stock | -- | -- | -- |
| holding | Series A Perpetual Stride Preferred Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to buy) — 26,105 shares (Direct);
Restricted Stock Units — 36,595 shares (Direct);
Performance Stock Units — 20,911 shares (Direct);
Series A Perpetual Strife Preferred Stock — 6,000 shares (Direct);
Series A Perpetual Stretch Preferred Stock — 5,500 shares (Direct);
Series A Perpetual Stretch Preferred Stock — 71 shares (Indirect, By Minor Child 1);
Series A Perpetual Stride Preferred Stock — 4,500 shares (Direct);
Class A Common Stock — 18,902 shares (Direct)
Footnotes (1)
- 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A common stock of Strategy Inc ("Strategy"). 25 percent of these RSUs vest on the first anniversary of the grant date, and an additional 25 percent of the original number of RSUs vest on each anniversary thereafter until the RSUs are vested in full. Each performance stock unit ("PSU") represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return ("TSR") as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 17, 2026 to March 16, 2029). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.
FAQ
What equity awards did Strategy Inc (MSTR) CEO Le Phong receive?
Le Phong received stock options, restricted stock units, and performance stock units on March 17, 2026. The grants include 26,105 options, 36,595 RSUs, and 20,911 target PSUs, all tied to Strategy Inc Class A common stock as part of his compensation.
How do Le Phong’s new stock options at Strategy Inc (MSTR) vest?
The 26,105 stock options vest in four equal annual installments. Twenty-five percent vest on the first anniversary of the March 17, 2026 grant date, with an additional 25% vesting on each subsequent anniversary until the option award is fully vested over four years.
What are the terms of the restricted stock units granted to Strategy Inc (MSTR) CEO?
Le Phong’s 36,595 restricted stock units each represent one share of Strategy Inc Class A common stock. These RSUs vest 25% on the first anniversary of the grant and 25% on each following anniversary until all units are fully vested, aligning compensation with ongoing service.
How are Strategy Inc (MSTR) CEO Le Phong’s performance stock units determined?
The 20,911 target performance stock units can pay out between 0% and 200% of target. Actual shares earned depend on Strategy Inc’s relative total shareholder return versus Nasdaq Composite Index members over March 17, 2026 to March 16, 2029, subject to Compensation Committee certification and continued service.
What is the exercise price and expiration for Le Phong’s new Strategy Inc options?
The stock options granted to Le Phong have an exercise price of $150.28 per share. They are scheduled to expire on March 17, 2036, giving a long-term window to exercise once vested, reinforcing a multi-year alignment with Strategy Inc shareholders through potential future share ownership.
Do Strategy Inc (MSTR) CEO equity awards involve any immediate stock purchases or sales?
No immediate market purchases or sales are reported. The filing shows compensation-related grants of options, RSUs, and PSUs with zero-dollar grant prices, vesting over time. These awards provide potential future ownership based on service and, for PSUs, performance rather than current open-market transactions.