Strategy director sells 1,425 shares after option
Strategy Inc director Jarrod M. Patten exercised stock options and sold 1,425 Class A Common shares while retaining vested options and multiple Series A preferred holdings.
Rhea-AI Filing Summary
Strategy Inc (MSTR) director Jarrod M. Patten reported several equity transactions on September 21, 2026. He exercised options to acquire 1,425 shares of Class A Common Stock at $18.236 per share and then sold 1,425 shares in three market transactions at prices between $165.984 and $169.00 per share. After the option exercise, he continued to hold options for 25,325 shares, all of which had previously vested, and he also reported direct holdings of three Series A perpetual preferred stock series totaling 44,335 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,425 shares ($212K approx. pre-tax spread)
Exercise and Sale
8 txns
Insider
Patten Jarrod M
Role
Director
Sold
1,425 shs ($238K)
Approx. gross sale proceeds
$238K
Approx. exercise cost
$26K
Approx. pre-tax spread
$212K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to buy) F1 | 1,425 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,425 | $18.236 | $26K |
| Sale | Class A Common Stock | 475 | $165.984 | $79K |
| Sale | Class A Common Stock | 475 | $167.00 | $79K |
| Sale | Class A Common Stock | 475 | $169.00 | $80K |
| 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) — 25,325 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 1,425 shares exercised on September 21, 2026 pursuant to this option vested on May 31, 2019. Of the remaining 25,325 shares pursuant to this option, 325 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
Option shares exercised: 1,425 shares
Option exercise price: $18.236 per share
Shares sold: 1,425 shares
+5 more
8 metrics
Option shares exercised
1,425 shares
Director stock option for Class A Common Stock exercised on September 21, 2026
Option exercise price
$18.236 per share
Exercise price for the 1,425 Class A Common shares acquired
Shares sold
1,425 shares
Total Class A Common Stock sold in three trades on September 21, 2026
Sale prices
$165.984, $167.00, and $169.00 per share
Per-share prices for three 475-share sales of Class A Common Stock
Remaining option shares
25,325 shares
Option shares remaining after the 1,425-share exercise, all vested
Series A Perpetual Strife Preferred holding
10,000 shares
Direct holdings reported as of September 21, 2026
Series A Perpetual Stretch Preferred holding
29,335 shares
Direct holdings reported as of September 21, 2026
Series A Perpetual Stride Preferred holding
5,000 shares
Direct holdings reported as of September 21, 2026
Key Terms
Director Stock Option, Class A Common Stock, Series A Perpetual Strife Preferred Stock, Series A Perpetual Stretch Preferred Stock, +1 more
5 terms
Director Stock Option financial
"A Director Stock Option to buy Class A Common Stock was exercised."
Class A Common Stock financial
"Transactions involved shares of Class A Common Stock of Strategy Inc."
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
"The filer reported holdings of Series A Perpetual Strife Preferred Stock."
Series A Perpetual Stretch Preferred Stock financial
"The filer reported holdings of Series A Perpetual Stretch Preferred Stock."
Series A Perpetual Stride Preferred Stock financial
"The filer reported holdings of Series A Perpetual Stride Preferred Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Strategy Inc (MSTR) director Jarrod M. Patten report on this Form 4?
Jarrod M. Patten reported exercising options for 1,425 Class A Common shares at $18.236 per share and selling 1,425 shares in three market transactions at prices between $165.984 and $169.00, along with updated preferred stock holdings.
What options did Jarrod M. Patten exercise in Strategy Inc (MSTR)?
He exercised a Director Stock Option covering 1,425 underlying Class A Common shares at an exercise price of $18.236 per share. After this exercise, 25,325 option shares remained outstanding under the same option award, all of which had vested earlier.
Does this Form 4 indicate use of a Rule 10b5-1 trading plan for MSTR transactions?
No. The filing indicates that the reported transactions by Jarrod M. Patten were not made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
What preferred stock holdings in Strategy Inc does Jarrod M. Patten report?
He 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 September 21, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
