SEC Form 4 · accession 0001193125-26-321074
Strategy Inc · MSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jarrod M Patten
Director
Period of report
Jul 24, 2026
Accepted (ET)
Jul 28, 2026 · 4:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001050446
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jul 24, 2026 | M | 1,950 | $18.236 | A | 30,356 | D | |
| Class A Common Stock | Jul 24, 2026 | S | 1,950 | $92.455 | D | 28,406 | D | |
| Class A Common Stock | Jul 27, 2026 | M | 1,950 | $18.236 | A | 30,356 | D | |
| Class A Common Stock | Jul 27, 2026 | S | 1,950 | $98.48 | D | 28,406 | D | |
| Series A Perpetual Strife Preferred Stock | holding | — | — | — | 10,000 | D | ||
| Series A Perpetual Stretch Preferred Stock | holding | — | — | — | 29,335 | D | ||
| Series A Perpetual Stride Preferred Stock | holding | — | — | — | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to buy)F1 | $18.236 | Jul 24, 2026 | M | 1,950 | D | — | May 31, 2027 | Class A Common Stock | 1,950 | 38,050 | D |
| Director Stock Option (Right to buy)F2 | $18.236 | Jul 27, 2026 | M | 1,950 | D | — | May 31, 2027 | Class A Common Stock | 1,950 | 36,100 | D |
Explanation of responses
- F1The 1,950 shares exercised on July 24, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 38,050 shares pursuant to this option, 550 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.
- F2Of the 1,950 shares exercised on July 27, 2026 pursuant to this option, 550 shares vested on May 31, 2018 and 1,400 shares vested on May 31, 2019. Of the remaining 36,100 shares subject to this option, 11,100 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.