Filing Details

Accession Number:
0000950170-25-095415
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-07-11 20:00:08
Reporting Period:
2025-07-09
Filing Date:
2025-07-11
Accepted Time:
2025-07-11 20:00:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1050446 Microstrategy Inc MSTR Finance Services (6199) 510323571
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1663488 Wei-Ming Shao C/O Microstrategy Incorporated
1850 Towers Crescent Plaza
Tysons Corner VA 22182
Evp & General Counsel No No No No
Transaction Summary
Sold: 52,500 shares Avg. Price: $407.99 Total Value: $21,419,695.54
Number of Shares After Transactions: 12,726 shares
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2025-07-09 20,000 $40.46 32,726 No 4 M Direct
Class A Common Stock Acquisiton 2025-07-09 12,500 $17.50 45,226 No 4 M Direct
Class A Common Stock Disposition 2025-07-09 32,500 $401.47 12,726 No 4 S Direct
Class A Common Stock Acquisiton 2025-07-10 20,000 $40.46 32,726 No 4 M Direct
Class A Common Stock Disposition 2025-07-10 1,200 $412.90 31,526 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 2,426 $413.82 29,100 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 1,200 $414.95 27,900 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 600 $415.95 27,300 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 1,300 $417.08 26,000 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 600 $418.34 25,400 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 1,123 $419.40 24,277 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 7,088 $420.40 17,189 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 4,045 $421.43 13,144 No 4 S Direct
Class A Common Stock Disposition 2025-07-10 418 $422.14 12,726 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (Right to buy) Disposition 2025-07-09 20,000 $0.00 20,000 $40.46
Class A Common Stock Employee Stock Option (Right to buy) Disposition 2025-07-09 12,500 $0.00 12,500 $17.50
Class A Common Stock Employee Stock Option (Right to buy) Disposition 2025-07-10 20,000 $0.00 20,000 $40.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
180,000 2032-02-17 No 4 M Direct
100,000 2032-11-10 No 4 M Direct
160,000 2032-02-17 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Series A Perpetual Stride Preferred Stock 3,527 Direct
Series A Perpetual Strife Preferred Stock 500 Direct
Footnotes
  1. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $401.31 to $402.00, 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.
  2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $412.37 to $413.26, 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.
  3. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $413.39 to $414.30, 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.
  4. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $414.50 to $415.49, 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.
  5. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $415.50 to $416.42, 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.
  6. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $416.94 to $417.24, 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.
  7. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $417.97 to $418.82, 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.
  8. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $419.00 to $419.76, 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.
  9. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $420.00 to $420.90, 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.
  10. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $421.00 to $421.95, 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.
  11. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $422.05 to $422.24, 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.
  12. The 20,000 shares exercised on July 9, 2025 pursuant to this option vested on February 17, 2023. Of the remaining 180,000 shares subject to this option, 30,000 shares vested on February 17, 2023, 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.
  13. The 12,500 shares exercised on July 9, 2025 pursuant to this option vested on November 10, 2024. Of the remaining 100,000 shares subject to this option, 50,000 shares are scheduled to vest on November 10, 2025 and 50,000 shares are scheduled to vest on November 10, 2026.
  14. The 20,000 shares exercised on July 10, 2025 pursuant to this option vested on February 17, 2023. Of the remaining 160,000 shares subject to this option, 10,000 shares vested on February 17, 2023, 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.