Form 4: MICROSTRATEGY Director Sells Shares
Insider Transaction (Form 4)
Jarrod M Patten, a Director of MICROSTRATEGY Inc, sold 3,700 shares of common stock on August 24, 2026.
Summary
- Option exercise/conversion: acquired 925 Class A Common Stock at $18.24 ($16,868) on August 24, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $122.34 ($113,164) on August 24, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 925 Class A Common Stock at $18.24 ($16,868) on August 25, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $124.00 ($114,700) on August 25, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 925 Class A Common Stock at $18.24 ($16,868) on August 25, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $125.00 ($115,625) on August 25, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 925 Class A Common Stock at $18.24 ($16,868) on August 25, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $127.00 ($117,475) on August 25, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: disposed of 925 Director Stock Option (Right to buy) on August 24, 2026; holds 31,375 after (Direct).
- Option exercise/conversion: disposed of 2,775 Director Stock Option (Right to buy) on August 25, 2026; holds 28,600 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $460,964 of stock on the open market.
Insider Transactions
Jarrod M Patten — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-24 | Option exercise/conversion | Class A Common Stock | 925 | $18 | $16.9K | 29,331 |
| 2026-08-24 | Open-market sale | Class A Common Stock | 925 | $122 | $113.2K | 28,406 |
| 2026-08-25 | Option exercise/conversion | Class A Common Stock | 925 | $18 | $16.9K | 29,331 |
| 2026-08-25 | Open-market sale | Class A Common Stock | 925 | $124 | $114.7K | 28,406 |
| 2026-08-25 | Option exercise/conversion | Class A Common Stock | 925 | $18 | $16.9K | 29,331 |
| 2026-08-25 | Open-market sale | Class A Common Stock | 925 | $125 | $115.6K | 28,406 |
| 2026-08-25 | Option exercise/conversion | Class A Common Stock | 925 | $18 | $16.9K | 29,331 |
| 2026-08-25 | Open-market sale | Class A Common Stock | 925 | $127 | $117.5K | 28,406 |
| 2026-08-24 | Option exercise/conversion | Director Stock Option (Right to buy) | 925 | — | — | 31,375 |
| 2026-08-25 | Option exercise/conversion | Director Stock Option (Right to buy) | 2,775 | — | — | 28,600 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Option exercise/conversion (925 shares) |
| 2026-08-24 | Open-market sale (925 shares) |
| 2026-08-25 | Option exercise/conversion (925 shares) |
| 2026-08-25 | Open-market sale (925 shares) |
| 2026-08-25 | Option exercise/conversion (925 shares) |
| 2026-08-25 | Open-market sale (925 shares) |
| 2026-08-25 | Option exercise/conversion (925 shares) |
| 2026-08-25 | Open-market sale (925 shares) |
| 2026-08-24 | Option exercise/conversion (925 shares) |
| 2026-08-25 | Option exercise/conversion (2,775 shares) |
Keywords
insider transaction, Form 4, MSTR, Strategy Inc, bearish, Jarrod M Patten
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