Strategy director sells 3,700 shares after option
Strategy Inc (MSTR) director Jarrod M. Patten reported option exercises and related stock sales.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Strategy Inc (MSTR) director Jarrod M. Patten reported option exercises and related stock sales. On August 24–25, 2026, he exercised options for a total of 3,700 Class A Common shares at an exercise price of $18.236 per share and sold those 3,700 shares in multiple trades at prices between $122.34 and $127.00 per share. The filing also lists direct holdings of 10,000, 29,335, and 5,000 shares of three Series A Perpetual Preferred Stock issues following the reported date.
Insider Trade Summary
Exercise and Sale: 3,700 shares ($393K approx. pre-tax spread)
Exercise and Sale
13 txns
Insider
Patten Jarrod M
Role
Director
Sold
3,700 shs ($461K)
Approx. gross sale proceeds
$461K
Approx. exercise cost
$67K
Approx. pre-tax spread
$393K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to buy) F2 | 2,775 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 925 | $18.236 | $17K |
| Sale | Class A Common Stock | 925 | $124.00 | $115K |
| Exercise | Class A Common Stock | 925 | $18.236 | $17K |
| Sale | Class A Common Stock | 925 | $125.00 | $116K |
| Exercise | Class A Common Stock | 925 | $18.236 | $17K |
| Sale | Class A Common Stock | 925 | $127.00 | $117K |
| Exercise | Director Stock Option (Right to buy) F1 | 925 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 925 | $18.236 | $17K |
| Sale | Class A Common Stock | 925 | $122.34 | $113K |
| 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) — 28,600 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 (2)
- F1. The 925 shares exercised on August 24, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 31,375 shares pursuant to this option, 6,375 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 2,775 shares exercised on August 25, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 28,600 shares pursuant to this option, 3,600 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
Class A shares sold: 3,700 shares
Option exercise price: $18.236 per share
Sale price per share (low): $122.34 per share
+4 more
7 metrics
Class A shares sold
3,700 shares
Total MSTR Class A Common Stock sold in reported transactions on August 24–25, 2026
Option exercise price
$18.236 per share
Exercise price for director stock options converted into MSTR Class A Common Stock
Sale price per share (low)
$122.34 per share
Lowest reported sale price for 925 MSTR Class A shares on August 24, 2026
Sale price per share (high)
$127.00 per share
Highest reported sale price for 925 MSTR Class A shares on August 25, 2026
Series A Perpetual Strife Preferred Stock holding
10,000 shares
Direct holdings reported after transactions, as of August 24, 2026
Series A Perpetual Stretch Preferred Stock holding
29,335 shares
Direct holdings reported after transactions, as of August 24, 2026
Series A Perpetual Stride Preferred Stock holding
5,000 shares
Direct holdings reported after transactions, as of August 24, 2026
Key Terms
Director Stock Option (Right to buy), Class A Common Stock, 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)""
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
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.
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""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MSTR director Jarrod M. Patten report?
Jarrod M. Patten reported exercising options for 3,700 Class A Common shares at an exercise price of $18.236 per share and selling those 3,700 shares in several trades at prices between $122.34 and $127.00 per share on August 24–25, 2026.
What preferred stock holdings of Strategy Inc (MSTR) does Jarrod M. Patten report?
The filing lists 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 24, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
