MSTR Strategy Inc

NASDAQ
$130.97

Strategy Inc (MSTR) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Moderately bearish Selling ran elevated versus MSTR's own trailing one-year pace, with 64% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 2 buyers in the last 90 days 2 sellers in the last 90 days
Insiders buying
2
6 transactions
Insiders selling
5
114 transactions
Purchases
$1.3M
13,675 shares
Sales
$29.4M
225,317 shares
Net activity
-$28.2M
purchases less sales

How much of that selling was preplanned? 64% planned / 36% discretionary

10b5-1 plan sales $18.7M 45 transactions · 151,961 shares
Discretionary sales $10.7M 69 transactions · 73,356 shares

Largest single sale: $1.9M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: June 22, 2026 , by Le Phong .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Chow Thomas C. EVP & General Counsel Sell 106 $138.75 $14.7K None left
Patten Jarrod M 2 fills Director Sell 1,850 $130.00 $240.5K 29,331 −5.9% of holding
Patten Jarrod M 3 fills Director Sell 2,775 $125.33 $347.8K 28,406 −8.9% of holding
Patten Jarrod M Director Sell 925 $122.34 $113.2K 28,406 −3.2% of holding
Patten Jarrod M 3 fills Director Sell 3,800 $102.41 $389.1K 28,406 −11.8% of holding
Patten Jarrod M Director Sell 1,950 $98.48 $192.0K 28,406 −6.4% of holding
Patten Jarrod M Director Sell 1,950 $92.45 $180.3K 28,406 −6.4% of holding
Patten Jarrod M Director Sell 1,250 $100.00 $125.0K 28,406 −4.2% of holding
Patten Jarrod M Director Sell 1,500 $106.08 $159.1K 28,406 −5% of holding
Le Phong President & CEO Buy 11,000 $90.80 $998.8K 11,000
Patten Jarrod M Director Sell 1,500 $121.31 $182.0K 28,406 −5% of holding
Chow Thomas C. 2 fills EVP & General Counsel Buy 111 $90.07 $10.0K 100
Patten Jarrod M Director Sell 1,500 $133.97 $201.0K 28,406 −5% of holding
Le Phong 3 fills President & CEO Sell 10b5-1 5,522 $123.84 $683.8K 128,957 −4.1% of holding
Kang Andrew 3 fills EVP & CFO Sell 10b5-1 1,949 $123.84 $241.4K 71,974 −2.6% of holding
Montgomery Jeanine 3 fills VP & CAO Sell 10b5-1 354 $123.84 $43.8K 11,378 −3% of holding
Le Phong 12 fills President & CEO Sell 10b5-1 93,738 $118.73 $11.1M 212,013 −30.7% of holding
Kang Andrew 12 fills EVP & CFO Sell 10b5-1 33,062 $118.73 $3.9M 101,213 −24.6% of holding
Patten Jarrod M 6 fills Director Sell 15,050 $154.94 $2.3M 34,550 −30.3% of holding
Patten Jarrod M 5 fills Director Sell 7,250 $147.74 $1.1M 32,000 −18.5% of holding
Patten Jarrod M Director Sell 1,250 $165.30 $206.6K 28,000 −4.3% of holding
Le Phong 2 fills President & CEO Buy 55 $99.41 $5.5K 121
Patten Jarrod M 2 fills Director Sell 2,250 $166.37 $374.3K 28,000 −7.4% of holding
Kang Andrew 3 fills EVP & CFO Sell 10b5-1 11,194 $165.78 $1.9M 38,707 −22.4% of holding
Patten Jarrod M 3 fills Director Sell 3,000 $166.92 $500.8K 28,000 −9.7% of holding
Patten Jarrod M 2 fills Director Sell 1,500 $190.85 $286.3K 28,000 −5.1% of holding
Patten Jarrod M 5 fills Director Sell 2,750 $191.59 $526.9K 30,250 −8.3% of holding
Patten Jarrod M Director Sell 1,000 $186.69 $186.7K 28,000 −3.4% of holding
Patten Jarrod M 4 fills Director Sell 2,000 $183.25 $366.5K 29,500 −6.3% of holding
Patten Jarrod M 4 fills Director Sell 2,250 $173.84 $391.1K 29,750 −7% of holding
Patten Jarrod M 3 fills Director Sell 1,750 $163.17 $285.6K 29,000 −5.7% of holding
Patten Jarrod M 4 fills Director Sell 2,000 $178.16 $356.3K 29,500 −6.3% of holding
Patten Jarrod M Director Sell 500 $172.00 $86.0K 28,000 −1.8% of holding
Patten Jarrod M 2 fills Director Sell 1,500 $166.95 $250.4K 28,000 −5.1% of holding
Patten Jarrod M 2 fills Director Sell 3,400 $130.65 $444.2K 28,000 −10.8% of holding
Patten Jarrod M 2 fills Director Sell 1,900 $130.58 $248.1K 28,000 −6.4% of holding
Patten Jarrod M Director Sell 1,400 $131.77 $184.5K 28,000 −4.8% of holding
Patten Jarrod M Director Sell 700 $123.11 $86.2K 28,000 −2.4% of holding
Patten Jarrod M Director Sell 700 $122.01 $85.4K 28,000 −2.4% of holding
Patten Jarrod M Director Sell 700 $124.64 $87.2K 28,000 −2.4% of holding
Patten Jarrod M Director Sell 700 $128.04 $89.6K 28,000 −2.4% of holding
Patten Jarrod M Director Sell 700 $137.37 $96.2K 28,000 −2.4% of holding
Le Phong 3 fills President & CEO Sell 10b5-1 3,299 $138.33 $456.4K 24,469 −11.9% of holding
Kang Andrew 3 fills EVP & CFO Sell 10b5-1 2,373 $138.33 $328.3K 27,884 −7.8% of holding
Montgomery Jeanine 3 fills VP & CAO Sell 10b5-1 470 $138.33 $65.0K 10,643 −4.2% of holding
Le Phong President & CEO Buy 2,509 $99.62 $249.9K 8,009

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.