Andrew Kang - 07 Aug 2025 Form 4 Insider Report for Strategy Inc (MSTR)

Role
EVP & CFO
Signature
/s/ Allein Sabel, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
07 Aug 2025
Transactions value $
-$7,036,050
Form type
4
Filing time
11 Aug 2025, 17:19:58
Previous filing
07 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kang Andrew EVP & CFO C/O STRATEGY INC, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER /s/ Allein Sabel, Attorney-in-Fact 11 Aug 2025 0001825170

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $370K +18.8K +76.66% $19.74 43.2K 07 Aug 2025 Direct
transaction MSTR Class A Common Stock Sale -$2.44M -6.25K -14.46% $390.00 37K 07 Aug 2025 Direct
transaction MSTR Class A Common Stock Sale -$2.47M -6.25K -16.91% $395.00 30.7K 07 Aug 2025 Direct
transaction MSTR Class A Common Stock Sale -$2.5M -6.25K -20.35% $400.00 24.5K 07 Aug 2025 Direct
holding MSTR Series A Perpetual Stretch Preferred Stock 2.8K 07 Aug 2025 Direct
holding MSTR Series A Perpetual Stride Preferred Stock 2.25K 07 Aug 2025 Direct
holding MSTR Series A Perpetual Strife Preferred Stock 1.5K 07 Aug 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSTR Employee Stock Option (Right to buy) Options Exercise $0 -18.8K -17.65% $0.00 87.5K 07 Aug 2025 Class A Common Stock 18.8K $19.74 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 18,750 shares exercised on August 7, 2025 pursuant to this option vested on May 18, 2024. Of the remaining 87,500 shares subject to this option, 12,500 shares vested on May 18, 2024, 37,500 shares vested on May 18, 2025, and 37,500 shares are scheduled to vest on May 18, 2026.