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 In line Selling ran in line with MSTR's own trailing one-year pace, with 51% 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
6
13 transactions
Insiders selling
6
147 transactions
Purchases
$5.8M
57,067 shares
Sales
$50.6M
297,572 shares
Net activity
-$44.8M
purchases less sales

How much of that selling was preplanned? 51% planned / 49% discretionary

10b5-1 plan sales $25.6M 73 transactions · 184,216 shares
Discretionary sales $25.0M 74 transactions · 113,356 shares

Largest single sale: $4.2M.

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
Le Phong President & CEO Sell 10b5-1 2,034 $137.25 $279.2K 18,902 −9.7% of holding
Kang Andrew EVP & CFO Sell 10b5-1 916 $137.25 $125.7K 23,815 −3.7% of holding
Montgomery Jeanine VP & CAO Sell 10b5-1 260 $137.25 $35.7K 9,333 −2.7% of holding
Dietze Jane A Director Buy 1,000 $99.48 $99.5K 3,600
RICKERTSEN CARL J Director Buy 5,000 $155.88 $779.4K 5,000
Le Phong President & CEO Buy 12 $99.99 $1.2K 28
Dietze Jane A Director Buy 1,100 $95.28 $104.8K 2,600
Shao Wei-Ming EVP & General Counsel Sell 10b5-1 2,600 $202.02 $525.3K 32,726 −7.4% of holding
Shao Wei-Ming EVP & General Counsel Sell 10b5-1 2,600 $200.00 $520.0K 32,726 −7.4% of holding
Montgomery Jeanine VP & CAO Sell 10b5-1 43 $208.55 $9.0K 8,733 −0.5% of holding
Shao Wei-Ming EVP & General Counsel Sell 10b5-1 2,600 $200.00 $520.0K 32,726 −7.4% of holding
Shao Wei-Ming EVP & General Counsel Sell 10b5-1 2,600 $200.48 $521.2K 32,726 −7.4% of holding
Shao Wei-Ming EVP & General Counsel Sell 10b5-1 2,600 $223.67 $581.5K 32,726 −7.4% of holding
Shao Wei-Ming 14 fills EVP & General Counsel Sell 10b5-1 5,334 $226.36 $1.2M 37,751 −12.4% of holding
Shao Wei-Ming 3 fills EVP & General Counsel Sell 10b5-1 5,334 $235.18 $1.3M 14,854 −26.4% of holding
Shao Wei-Ming 2 fills EVP & General Counsel Sell 10b5-1 5,334 $249.12 $1.3M 14,293 −27.2% of holding
Patten Jarrod M Director Buy 12,000 $96.88 $1.2M 29,335
Patten Jarrod M Director Buy 11,780 $97.95 $1.2M 17,335
Shao Wei-Ming 4 fills EVP & General Counsel Sell 30,000 $357.37 $10.7M 36,528 −45.1% of holding
Shao Wei-Ming EVP & General Counsel Sell 10,000 $355.79 $3.6M 12,726 −44% of holding
Shao Wei-Ming EVP & General Counsel Buy 12,500 $96.92 $1.2M 15,000

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.