Strategy Inc (MSTR) CEO trust buys 11,000 Series A preferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Strategy Inc President & CEO Phong Le, through the Phong Le Revocable Trust, reported an open-market purchase of 11,000 shares of Series A Perpetual Stretch Preferred Stock at a weighted average price of $90.796 per share. The shares were bought in multiple trades between $90.66 and $90.87. After this transaction, the trust holds 11,000 Stretch preferred shares. Separately, Le directly holds 126,323 shares of Class A Common Stock, 8,009 shares of Stretch preferred, 6,000 shares of Strife preferred, and 4,500 shares of Stride preferred, plus smaller indirect Stretch preferred holdings for three minor children.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,000 shares ($998,756)
Net Buy
8 txns
Insider
Le Phong
Role
President & CEO
Bought
11,000 shs ($999K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Perpetual Stretch Preferred Stock | 11,000 | $90.796 | $999K |
| holding | Class A Common Stock | -- | -- | -- |
| 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 | -- | -- | -- |
Holdings After Transaction:
Series A Perpetual Stretch Preferred Stock — 11,000 shares (Indirect, By Phong Le Revocable Trust);
Class A Common Stock — 126,323 shares (Direct, null);
Series A Perpetual Strife Preferred Stock — 6,000 shares (Direct, null);
Series A Perpetual Stretch Preferred Stock — 8,009 shares (Direct, null);
Series A Perpetual Stride Preferred Stock — 4,500 shares (Direct, null)
Footnotes (1)
- The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $90.66 to $90.87, inclusive. The reporting person undertakes to provide to Strategy Inc ("Strategy"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote. These securities are held directly by the Phong Le Revocable Trust, of which the Reporting Person is the trustee and beneficiary.
Key Figures
Open-market purchase size: 11,000 shares
Weighted average purchase price: $90.796 per share
Price range of trades: $90.66–$90.87 per share
+5 more
8 metrics
Open-market purchase size
11,000 shares
Series A Perpetual Stretch Preferred Stock bought by revocable trust
Weighted average purchase price
$90.796 per share
Series A Perpetual Stretch Preferred Stock open-market purchase
Price range of trades
$90.66–$90.87 per share
Individual trade prices for the 11,000 Stretch preferred shares
Common stock holdings
126,323 shares
Class A Common Stock held directly after reported transactions
Stretch preferred direct holdings
8,009 shares
Series A Perpetual Stretch Preferred Stock held directly
Strife preferred holdings
6,000 shares
Series A Perpetual Strife Preferred Stock held directly
Stride preferred holdings
4,500 shares
Series A Perpetual Stride Preferred Stock held directly
Stretch preferred via minor children
121, 33, 32 shares
Indirect Series A Perpetual Stretch Preferred Stock for three minor children
Key Terms
open-market purchase, weighted average price, Revocable Trust, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 11,000 Stretch preferred shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The reported price is a weighted average price. These shares were purchased..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Revocable Trust financial
"These securities are held directly by the Phong Le Revocable Trust..."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "By Phong Le Revocable Trust""
Class A Common Stock financial
"security_title: "Class A Common Stock" with 126,323 shares following transaction"
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.
FAQ
What did Strategy Inc (MSTR) CEO Phong Le report in this Form 4?
Phong Le reported buying preferred shares through a trust. The filing shows an open-market purchase of 11,000 shares of Series A Perpetual Stretch Preferred Stock at a weighted average price of $90.796 per share, held indirectly by the Phong Le Revocable Trust.
What other Strategy Inc securities does Phong Le hold after the transaction?
Le holds common and several preferred series. Direct holdings include 126,323 shares of Class A Common Stock, 8,009 shares of Stretch preferred, 6,000 shares of Strife preferred, and 4,500 shares of Stride preferred, plus smaller indirect Stretch preferred stakes for three minor children.