Form 4: MICROSTRATEGY Director Sells Shares
Insider Transaction (Form 4)
Jarrod M Patten, a Director of MICROSTRATEGY Inc, sold 1,425 shares of common stock on September 21, 2026.
Summary
- Option exercise/conversion: acquired 1,425 Class A Common Stock at $18.24 ($25,986) on September 21, 2026; holds 29,831 after (Direct).
- Open-market sale: disposed of 475 Class A Common Stock at $165.98 ($78,842) on September 21, 2026; holds 29,356 after (Direct).
- Open-market sale: disposed of 475 Class A Common Stock at $167.00 ($79,325) on September 21, 2026; holds 28,881 after (Direct).
- Open-market sale: disposed of 475 Class A Common Stock at $169.00 ($80,275) on September 21, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: disposed of 1,425 Director Stock Option (Right to buy) on September 21, 2026; holds 25,325 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $238,442 of stock on the open market.
Insider Transactions
Jarrod M Patten — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-21 | Option exercise/conversion | Class A Common Stock | 1,425 | $18 | $26.0K | 29,831 |
| 2026-09-21 | Open-market sale | Class A Common Stock | 475 | $166 | $78.8K | 29,356 |
| 2026-09-21 | Open-market sale | Class A Common Stock | 475 | $167 | $79.3K | 28,881 |
| 2026-09-21 | Open-market sale | Class A Common Stock | 475 | $169 | $80.3K | 28,406 |
| 2026-09-21 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,425 | — | — | 25,325 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-21 | Option exercise/conversion (1,425 shares) |
| 2026-09-21 | Open-market sale (475 shares) |
| 2026-09-21 | Open-market sale (475 shares) |
| 2026-09-21 | Open-market sale (475 shares) |
| 2026-09-21 | Option exercise/conversion (1,425 shares) |
Keywords
insider transaction, Form 4, MSTR, Strategy Inc, bearish, Jarrod M Patten
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