Form 4: MICROSTRATEGY Director Sells Shares
Insider Transaction (Form 4)
Jarrod M Patten, a Director of MICROSTRATEGY Inc, sold 3,900 shares of common stock on July 24, 2026.
Summary
- Option exercise/conversion: acquired 1,950 Class A Common Stock at $18.24 ($35,560) on July 24, 2026; holds 30,356 after (Direct).
- Open-market sale: disposed of 1,950 Class A Common Stock at $92.45 ($180,287) on July 24, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 1,950 Class A Common Stock at $18.24 ($35,560) on July 27, 2026; holds 30,356 after (Direct).
- Open-market sale: disposed of 1,950 Class A Common Stock at $98.48 ($192,036) on July 27, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: disposed of 1,950 Director Stock Option (Right to buy) on July 24, 2026; holds 38,050 after (Direct).
- Option exercise/conversion: disposed of 1,950 Director Stock Option (Right to buy) on July 27, 2026; holds 36,100 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $372,323 of stock on the open market.
Insider Transactions
Jarrod M Patten — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-24 | Option exercise/conversion | Class A Common Stock | 1,950 | $18 | $35.6K | 30,356 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 1,950 | $92 | $180.3K | 28,406 |
| 2026-07-27 | Option exercise/conversion | Class A Common Stock | 1,950 | $18 | $35.6K | 30,356 |
| 2026-07-27 | Open-market sale | Class A Common Stock | 1,950 | $98 | $192.0K | 28,406 |
| 2026-07-24 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,950 | — | — | 38,050 |
| 2026-07-27 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,950 | — | — | 36,100 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-24 | Option exercise/conversion (1,950 shares) |
| 2026-07-24 | Open-market sale (1,950 shares) |
| 2026-07-27 | Option exercise/conversion (1,950 shares) |
| 2026-07-27 | Open-market sale (1,950 shares) |
| 2026-07-24 | Option exercise/conversion (1,950 shares) |
| 2026-07-27 | Option exercise/conversion (1,950 shares) |
Keywords
insider transaction, Form 4, MSTR, Strategy Inc, bearish, Jarrod M Patten
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