Strategy Inc director exercises and sells 1,250 shares
Strategy Inc director Jarrod M Patten exercised options for 1,250 shares of Class A Common Stock at $18.236 per share on July 22, 2026, then sold 1,250 shares at $100 per share.
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Form Type
4
Rhea-AI Filing Summary
Strategy Inc director Jarrod M Patten exercised options for 1,250 shares of Class A Common Stock at $18.236 per share on July 22, 2026, then sold 1,250 shares at $100 per share. He retains options on 40,000 shares and direct holdings in several Series A perpetual preferred stocks.
Insider Trade Summary
Exercise and Sale: 1,250 shares ($102K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Patten Jarrod M
Role
Director
Sold
1,250 shs ($125K)
Approx. gross sale proceeds
$125K
Approx. exercise cost
$23K
Approx. pre-tax spread
$102K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to buy) F1 | 1,250 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,250 | $18.236 | $23K |
| Sale | Class A Common Stock | 1,250 | $100.00 | $125K |
| 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) — 40,000 contracts (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 (1)
- F1. The 1,250 shares exercised on July 22, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 40,000 shares pursuant to this option, 2,500 shares vested on May 31, 2018, 12,500 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
Options exercised: 1250 shares
Option exercise price: $18.2360 per share
Shares sold: 1250 shares
+5 more
8 metrics
Options exercised
1250 shares
Director stock options exercised for Class A Common Stock on July 22, 2026
Option exercise price
$18.2360 per share
Strike price for exercised Director Stock Option
Shares sold
1250 shares
Class A Common Stock sold on July 22, 2026
Sale price
$100.0000 per share
Per-share price for 1,250 Class A shares sold
Options remaining
40000 shares
Director Stock Option total shares following exercise
Series A Strife Preferred holding
10000 shares
Direct holding of Series A Perpetual Strife Preferred Stock
Series A Stretch Preferred holding
29335 shares
Direct holding of Series A Perpetual Stretch Preferred Stock
Series A Stride Preferred holding
5000 shares
Direct holding of Series A Perpetual Stride Preferred Stock
Key Terms
Director Stock Option, Class A Common Stock, Perpetual Preferred Stock
3 terms
Director Stock Option financial
"security title "Director Stock Option (Right to buy)" for the exercised derivative position"
Class A Common Stock financial
"underlying_security_title listed as "Class A Common Stock" for the option and common trades"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Perpetual Preferred Stock financial
"holdings in Series A Perpetual Strife, Stretch, and Stride Preferred Stock are reported as direct positions"
A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Strategy Inc (MSTR) director Jarrod M Patten report in this Form 4?
Jarrod M Patten reported exercising options for 1,250 Class A Common shares at $18.236 and selling 1,250 shares at $100 on July 22, 2026, plus updated option and preferred stock holdings.
How many Strategy Inc (MSTR) options did Jarrod M Patten exercise?
He exercised options on 1,250 shares of Strategy Inc Class A Common Stock. The exercise related to an option with a strike price of $18.236 per share, originally vesting over several years beginning May 31, 2018.
What Strategy Inc (MSTR) options does Jarrod M Patten still hold after these transactions?
After exercising 1,250 shares, Patten retains options covering 40,000 shares of Strategy Inc Class A Common Stock under the same option grant, with vesting previously completed between 2018 and 2021 and an expiration date of May 31, 2027.
What preferred stock holdings in Strategy Inc (MSTR) does Jarrod M Patten report?
Patten 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 July 22, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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