Form 4: MICROSTRATEGY Director Sells Shares
Insider Transaction (Form 4)
Jarrod M Patten, a Director of MICROSTRATEGY Inc, sold 1,850 shares of common stock on August 27, 2026.
Summary
- Option exercise/conversion: acquired 1,850 Class A Common Stock at $18.24 ($33,737) on August 27, 2026; holds 30,256 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $129.00 ($119,325) on August 27, 2026; holds 29,331 after (Direct).
- Open-market sale: disposed of 925 Class A Common Stock at $131.00 ($121,175) on August 27, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: disposed of 1,850 Director Stock Option (Right to buy) on August 27, 2026; holds 26,750 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $240,500 of stock on the open market.
Insider Transactions
Jarrod M Patten — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-27 | Option exercise/conversion | Class A Common Stock | 1,850 | $18 | $33.7K | 30,256 |
| 2026-08-27 | Open-market sale | Class A Common Stock | 925 | $129 | $119.3K | 29,331 |
| 2026-08-27 | Open-market sale | Class A Common Stock | 925 | $131 | $121.2K | 28,406 |
| 2026-08-27 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,850 | — | — | 26,750 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-27 | Option exercise/conversion (1,850 shares) |
| 2026-08-27 | Open-market sale (925 shares) |
| 2026-08-27 | Open-market sale (925 shares) |
| 2026-08-27 | Option exercise/conversion (1,850 shares) |
Keywords
insider transaction, Form 4, MSTR, Strategy Inc, bearish, Jarrod M Patten
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