Stephen X. Graham - 31 May 2025 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Allein Sabel, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
31 May 2025
Net transactions value
$0
Form type
4
Filing time
03 Jun 2025, 20:21:09 UTC
Previous filing
25 Nov 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GRAHAM STEPHEN X Director C/O MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER /s/ Allein Sabel, Attorney-in-Fact 03 Jun 2025 0001282917

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise +980 +14% 7,950 31 May 2025 Direct F1

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 Restricted Stock Units Options Exercise $0 -980 -100% $0.000000 0 31 May 2025 Class A Common Stock 980 Direct F1, F2
transaction MSTR Director Stock Option (Right to buy) Award $0 +545 $0.000000 545 31 May 2025 Class A Common Stock 545 $369.06 Direct F3, F4
transaction MSTR Restricted Stock Units Award $0 +406 $0.000000 406 31 May 2025 Class A Common Stock 406 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy.
F2 The 980 RSUs vested in full on May 31, 2025.
F3 These grants were made pursuant to the MicroStrategy Incorporated 2023 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 RSUs and options) to each non-employee director on May 31 of each year.
F4 This option is scheduled to vest as to 545 shares on the first anniversary of the grant date.
F5 These RSUs are scheduled to vest as to 406 shares on the first anniversary of the grant date.

Remarks:

Exhibit 24 - Power of Attorney