Strategy Inc (MSTR) director receives RSUs and stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Strategy Inc director Peter L. Briger Jr. reported new equity awards and existing indirect holdings. He received a grant of 943 restricted stock units and 1,221 director stock options under the Strategy Inc Equity Incentive Plan, which provides annual automatic equity awards with an aggregate fair value of $300,000 to each non-employee director.
The RSUs and options each relate to Class A common stock, with each RSU representing a right to one share. Both the 943 RSUs and 1,221 options are scheduled to vest on the first anniversary of the grant date, and the options carry a $159.09 exercise price and expire on May 31, 2036.
The filing also notes 220,000 shares of Series A Perpetual Stretch Preferred Stock held indirectly through 726 BF LLC. Briger is the manager of that LLC and disclaims beneficial ownership of those preferred shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Briger Peter L JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to buy) | 1,221 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 943 | $0.00 | -- |
| holding | Series A Perpetual Stretch Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Director Stock Option (Right to buy) — 1,221 shares (Direct, null);
Restricted Stock Units — 943 shares (Direct, null);
Series A Perpetual Stretch Preferred Stock — 220,000 shares (Indirect, 726 BF LLC)
Footnotes (1)
- The reporting person is the manager of the limited liability company that owns the reported shares. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. These grants were made pursuant to the Strategy Inc Equity Incentive Plan, as amended, which provides for the annual automatic grant of equity awards with an aggregate fair value of $300,000 (split evenly between restricted stock units ("RSUs") and options) to each non-employee director on May 31 of each year. This option is scheduled to vest as to 1,221 shares on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of class A common stock of Strategy Inc. These RSUs are scheduled to vest as to 943 shares on the first anniversary of the grant date.
Key Figures
Indirect preferred holdings: 220,000 shares
RSU grant size: 943 RSUs
Option grant size: 1,221 options
+3 more
6 metrics
Indirect preferred holdings
220,000 shares
Series A Perpetual Stretch Preferred Stock held via 726 BF LLC
RSU grant size
943 RSUs
Restricted stock units relating to Class A common stock
Option grant size
1,221 options
Director stock options relating to Class A common stock
Option exercise price
$159.09 per share
Director stock option strike price
Option expiration
May 31, 2036
Director stock option expiration date
Annual director equity value
$300,000
Aggregate fair value of automatic annual awards per non-employee director
Key Terms
Restricted Stock Units, Director Stock Option (Right to buy), Equity Incentive Plan, pecuniary interest
4 terms
Restricted Stock Units financial
"The filing reports a grant of 943 Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director Stock Option (Right to buy) financial
"A grant of 1,221 Director Stock Option (Right to buy) is reported."
Equity Incentive Plan financial
"These grants were made pursuant to the Strategy Inc Equity Incentive Plan, as amended."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
pecuniary interest financial
"The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein."
FAQ
What equity awards did Strategy Inc (MSTR) director Peter Briger receive?
Peter Briger received 943 restricted stock units and 1,221 director stock options as a compensation grant. Both awards relate to Strategy Inc Class A common stock and were issued under the company’s equity incentive plan for non-employee directors.
When do Peter Briger’s new Strategy Inc (MSTR) RSUs and options vest?
Both the 943 RSUs and 1,221 stock options granted to Peter Briger are scheduled to vest on the first anniversary of the grant date. This means the awards become fully vested one year after the May 31 grant.
What is the exercise price and expiration date of Peter Briger’s Strategy Inc options?
The 1,221 director stock options granted to Peter Briger have a $159.09 exercise price per share and expire on May 31, 2036. These options give him the right to buy Strategy Inc Class A common stock at that price until expiration.
How are Strategy Inc (MSTR) director equity awards valued under the plan?
The Strategy Inc Equity Incentive Plan provides annual automatic equity awards to each non-employee director with an aggregate fair value of $300,000. This amount is split evenly between restricted stock units and stock options, based on the plan’s terms.
What indirect holdings in Strategy Inc securities are associated with Peter Briger?
The filing reports 220,000 shares of Series A Perpetual Stretch Preferred Stock held indirectly through 726 BF LLC. Peter Briger is the manager of this LLC and disclaims beneficial ownership beyond his pecuniary interest in those shares.