Strategy Inc director sells 1,500 shares after option exercise
Strategy Inc director Jarrod M. Patten reported an option exercise and related share sale.
Rhea-AI Filing Summary
Strategy Inc director Jarrod M. Patten reported an option exercise and related share sale. On June 17, 2026, he exercised options to acquire 1,500 shares of Class A Common Stock at $18.236 per share and sold 1,500 Class A shares at $121.31 per share.
After these transactions, he directly holds 28,406 Class A shares. He also holds 5,000 shares of Series A Perpetual Stride Preferred Stock, 29,335 shares of Series A Perpetual Stretch Preferred Stock, 10,000 shares of Series A Perpetual Strife Preferred Stock, and 42,750 director stock options that vested over prior years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,500 shares ($155K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Patten Jarrod M
Role
Director
Sold
1,500 shs ($182K)
Approx. gross sale proceeds
$182K
Approx. exercise cost
$27K
Approx. pre-tax spread
$155K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to buy) | 1,500 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,500 | $18.236 | $27K |
| Sale | Class A Common Stock | 1,500 | $121.31 | $182K |
| 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) — 42,750 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 1,500 shares exercised on June 17, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 42,750 shares pursuant to this option, 5,250 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
Shares sold: 1,500 shares
Sale price: $121.31/share
Options exercised: 1,500 shares
+5 more
8 metrics
Shares sold
1,500 shares
Class A Common Stock sold at $121.31 on June 17, 2026
Sale price
$121.31/share
Open-market sale of 1,500 Class A shares
Options exercised
1,500 shares
Director Stock Option exercise into Class A Common Stock
Option exercise price
$18.236/share
Conversion price for Director Stock Option
Common shares held
28,406 shares
Class A Common Stock held directly after transactions
Remaining stock options
42,750 options
Director Stock Option balance after 1,500-share exercise
Stride preferred holdings
5,000 shares
Series A Perpetual Stride Preferred Stock holdings
Stretch preferred holdings
29,335 shares
Series A Perpetual Stretch Preferred Stock holdings
Key Terms
open-market sale, derivative exercise/conversion, Director Stock Option (Right to buy), Series A Perpetual Stride Preferred Stock, +2 more
6 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Director Stock Option (Right to buy) financial
"security_title": "Director Stock Option (Right to buy)""
Series A Perpetual Stride Preferred Stock financial
"security_title": "Series A Perpetual Stride Preferred Stock""
Series A Perpetual Stretch Preferred Stock financial
"security_title": "Series A Perpetual Stretch Preferred Stock""
Series A Perpetual Strife Preferred Stock financial
"security_title": "Series A Perpetual Strife Preferred Stock""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Strategy Inc (MSTR) director Jarrod Patten report?
Jarrod Patten exercised options for 1,500 Strategy Inc Class A shares at $18.236 and sold 1,500 shares at $121.31 on June 17, 2026. The filing shows a linked exercise-and-sale sequence rather than a standalone market purchase.
What stock option activity did Strategy Inc (MSTR) disclose for Jarrod Patten?
Strategy Inc disclosed that Jarrod Patten exercised a Director Stock Option covering 1,500 shares at a conversion price of $18.236. Following this exercise, 42,750 option shares remain outstanding, with tranches that vested between May 31, 2018 and May 31, 2021.
Did the Strategy Inc (MSTR) Form 4 show an open-market sale by Jarrod Patten?
Yes. The Form 4 reports an open-market sale of 1,500 Strategy Inc Class A shares at $121.31 per share. This sale coincided with the exercise of 1,500 stock options, forming an exercise-and-sell transaction pattern on June 17, 2026.
What preferred stock holdings of Strategy Inc (MSTR) does Jarrod Patten report?
Jarrod Patten reports direct holdings of three Strategy Inc preferred series: 5,000 shares of Series A Perpetual Stride Preferred, 29,335 shares of Series A Perpetual Stretch Preferred, and 10,000 shares of Series A Perpetual Strife Preferred, all shown as holdings on June 17, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
