Form 4: MICROSTRATEGY Director Sells Shares
Insider Transaction (Form 4)
Jarrod M Patten, a Director of MICROSTRATEGY Inc, sold 3,800 shares of common stock on August 7, 2026.
Summary
- Option exercise/conversion: acquired 1,950 Class A Common Stock at $18.24 ($35,560) on August 7, 2026; holds 30,356 after (Direct).
- Open-market sale: disposed of 1,950 Class A Common Stock at $101.50 ($197,925) on August 7, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 925 Class A Common Stock at $18.24 ($16,868) on August 7, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $102.69 ($94,988) on August 7, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 925 Class A Common Stock at $18.24 ($16,868) on August 7, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $104.03 ($96,232) on August 7, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: disposed of 1,950 Director Stock Option (Right to buy) on August 7, 2026; holds 34,150 after (Direct).
- Option exercise/conversion: disposed of 925 Director Stock Option (Right to buy) on August 7, 2026; holds 33,225 after (Direct).
- Option exercise/conversion: disposed of 925 Director Stock Option (Right to buy) on August 7, 2026; holds 32,300 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $389,146 of stock on the open market.
Insider Transactions
Jarrod M Patten — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-07 | Option exercise/conversion | Class A Common Stock | 1,950 | $18 | $35.6K | 30,356 |
| 2026-08-07 | Open-market sale | Class A Common Stock | 1,950 | $102 | $197.9K | 28,406 |
| 2026-08-07 | Option exercise/conversion | Class A Common Stock | 925 | $18 | $16.9K | 29,331 |
| 2026-08-07 | Open-market sale | Class A Common Stock | 925 | $103 | $95.0K | 28,406 |
| 2026-08-07 | Option exercise/conversion | Class A Common Stock | 925 | $18 | $16.9K | 29,331 |
| 2026-08-07 | Open-market sale | Class A Common Stock | 925 | $104 | $96.2K | 28,406 |
| 2026-08-07 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,950 | — | — | 34,150 |
| 2026-08-07 | Option exercise/conversion | Director Stock Option (Right to buy) | 925 | — | — | 33,225 |
| 2026-08-07 | Option exercise/conversion | Director Stock Option (Right to buy) | 925 | — | — | 32,300 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-07 | Option exercise/conversion (1,950 shares) |
| 2026-08-07 | Open-market sale (1,950 shares) |
| 2026-08-07 | Option exercise/conversion (925 shares) |
| 2026-08-07 | Open-market sale (925 shares) |
| 2026-08-07 | Option exercise/conversion (925 shares) |
| 2026-08-07 | Open-market sale (925 shares) |
| 2026-08-07 | Option exercise/conversion (1,950 shares) |
| 2026-08-07 | Option exercise/conversion (925 shares) |
| 2026-08-07 | Option exercise/conversion (925 shares) |
Keywords
insider transaction, Form 4, MSTR, Strategy Inc, bearish, Jarrod M Patten
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