Jarrod M. Patten - 16 Oct 2025 Form 4 Insider Report for Strategy Inc (MSTR)

Role: Director
Signature: /s/ Allein Sabel, Attorney-in-fact
Issuer symbol: MSTR
Transactions as of: 16 Oct 2025
Net transactions value: +$2,316,304
Form type: 4
Filing time: 20 Oct 2025, 16:30:04 UTC
Previous filing: 29 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Patten Jarrod M	Director	C/O STRATEGY INC, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER	/s/ Allein Sabel, Attorney-in-fact	20 Oct 2025	0001309191

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSTR	Series A Perpetual Stretch Preferred Stock	Purchase	$1,153,804	+11,780	+212%	$97.95	17,335	16 Oct 2025	Direct
transaction	MSTR	Series A Perpetual Stretch Preferred Stock	Purchase	$1,162,500	+12,000	+69%	$96.88	29,335	17 Oct 2025	Direct	F1
holding	MSTR	Series A Perpetual Strife Preferred Stock						10,000	16 Oct 2025	Direct
holding	MSTR	Series A Perpetual Stride Preferred Stock						5,000	16 Oct 2025	Direct
holding	MSTR	Class A Common Stock						28,000	16 Oct 2025	Direct

* 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 purchased in multiple transactions at prices ranging from $96.86 to $96.90, inclusive. The reporting person undertakes to provide to Strategy Inc ("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.

Content

The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $96.86 to $96.90, inclusive. The reporting person undertakes to provide to Strategy Inc ("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.