Wei-Ming Shao - 11 Jul 2025 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Allein Sabel, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
11 Jul 2025
Net transactions value
-$3,915,246
Form type
4
Filing time
15 Jul 2025, 16:05:08 UTC
Previous filing
11 Jul 2025
Next filing
16 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shao Wei-Ming EVP & General Counsel C/O MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER /s/ Allein Sabel, Attorney-in-Fact 15 Jul 2025 0001663488

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $404,600 +10,000 +79% $40.46 22,726 11 Jul 2025 Direct
transaction MSTR Class A Common Stock Sale $85,016 -200 -0.88% $425.08 22,526 11 Jul 2025 Direct F1
transaction MSTR Class A Common Stock Sale $171,245 -401 -1.8% $427.04 22,125 11 Jul 2025 Direct F2
transaction MSTR Class A Common Stock Sale $379,593 -886 -4% $428.43 21,239 11 Jul 2025 Direct F3
transaction MSTR Class A Common Stock Sale $421,177 -981 -4.6% $429.33 20,528 11 Jul 2025 Direct F4
transaction MSTR Class A Common Stock Sale $961,864 -2,235 -11% $430.36 18,023 11 Jul 2025 Direct F5
transaction MSTR Class A Common Stock Sale $255,295 -592 -3.3% $431.24 17,431 11 Jul 2025 Direct F6
transaction MSTR Class A Common Stock Sale $207,536 -480 -2.8% $432.37 16,951 11 Jul 2025 Direct F7
transaction MSTR Class A Common Stock Sale $548,148 -1,264 -7.5% $433.66 15,687 11 Jul 2025 Direct F8
transaction MSTR Class A Common Stock Sale $479,703 -1,104 -7% $434.51 14,583 11 Jul 2025 Direct F9
transaction MSTR Class A Common Stock Sale $509,485 -1,169 -8% $435.83 13,414 11 Jul 2025 Direct F10
transaction MSTR Class A Common Stock Sale $213,220 -488 -3.6% $436.93 12,926 11 Jul 2025 Direct F11
transaction MSTR Class A Common Stock Sale $87,565 -200 -1.5% $437.82 12,726 11 Jul 2025 Direct F12
holding MSTR Series A Perpetual Stride Preferred Stock 3,527 11 Jul 2025 Direct
holding MSTR Series A Perpetual Strife Preferred Stock 500 11 Jul 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 -10,000 -6.2% $0.000000 150,000 11 Jul 2025 Class A Common Stock 10,000 $40.46 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $425.00 to $425.16, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated d/b/a Strategy ("Strategy"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $426.72 to $427.55, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $427.81 to $428.79, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $428.90 to $429.88, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.91 to $430.90, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $430.92 to $431.70, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $432.14 to $432.95, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F8 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $433.18 to $433.96, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F9 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $434.18 to $435.07, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F10 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $435.50 to $436.24, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F11 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $436.71 to $437.39, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F12 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $437.82 to $437.83, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
F13 The 10,000 shares exercised on July 11, 2025 pursuant to this option vested on February 17, 2023. Of the remaining 150,000 shares subject to this option, 50,000 shares vested on February 17, 2024, 50,000 shares vested on February 17, 2025 and 50,000 shares are scheduled to vest on February 17, 2026.