[144] Strategy Inc SEC Filing

Rhea-AI Filing Summary

Strategy Inc (STRK) submitted a Form 144 notifying the proposed sale of 10,000 Class A shares through Fidelity Brokerage Services on 09/18/2025 with an aggregate market value of $3,557,889.57. The filing shows these shares derive from options granted 02/17/2022 and that payment will be in cash at sale. The filer also disclosed multiple insider sales in July 2025 totaling 73,400 Class A shares that generated $30,632,451.77 in gross proceeds. The filing reports 263,912,697 Class A shares outstanding, providing context for the size of the transactions relative to the company’s float.

Positive

• Full disclosure of proposed sale including broker, date, and aggregate market value
• Detailed reporting of recent insider sales in July 2025 totaling 73,400 shares and $30,632,451.77

Negative

• Significant insider selling in July 2025 generated over $30.6M in proceeds, which may be interpreted negatively by some investors
• Acquisition date equals sale date for the proposed 10,000-share transaction, indicating option exercise and immediate sale rather than long-term holding

Insights

Securities Analyst

TL;DR: Insider option exercise and planned sale disclosed; recent July sales generated over $30.6M, representing routine monetization rather than an immediate corporate event.

The Form 144 documents a planned sale of 10,000 Class A shares from options previously granted, with cash payment and execution via a broker on 09/18/2025. The filer also reported four July 2025 transactions totaling 73,400 shares and $30,632,451.77 in gross proceeds. With 263.9 million shares outstanding, these sales are measurable but do not alone imply control changes. For market impact, compare daily average volume and recent trading patterns; that information is not included in this filing.

Corporate Governance Expert

TL;DR: The disclosure aligns with Rule 144 requirements, showing exercise of previously granted options and transparent reporting of recent insider sales.

The filing provides the requisite representation about absence of undisclosed material information and identifies the nature and timing of the acquisition (options granted 02/17/2022) and the broker. The signature statement and attestation language are present. The filing does not include any indication of a trading plan adoption date or other governance changes.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	10000	3557889.57	263912697	09/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	09/18/2025	Options Granted - 02/17/2022	Issuer			10000	09/18/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/09/2025	32500	13047694.00
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/10/2025	20000	8372018.00
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/11/2025	10000	4319845.00
Wei-Ming Shao 1850 Towers Crescent Plaza Tysons Corner VA 22182	Class A	07/14/2025	10900	4892894.77

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by STRK disclose?

The filing notifies a proposed sale of 10,000 Class A shares via Fidelity on 09/18/2025 valued at $3,557,889.57 and reports prior July 2025 sales.

How many shares were sold by the insider in July 2025 and for how much?

The filer sold 73,400 Class A shares on several dates in July 2025 for total gross proceeds of $30,632,451.77.

Where do the 10,000 shares proposed for sale come from?

The securities derive from options granted on 02/17/2022; the table lists the acquisition as options and payment for the sale will be cash.

Who will execute the proposed sale for STRK?

The filing names Fidelity Brokerage Services LLC as the broker for the proposed sale.

How large are the company’s outstanding Class A shares?

The filing reports 263,912,697 Class A shares outstanding.