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Shao Wei-Ming's Form 4 filing

Strategy Inc (MSTR) · filed Jul 16, 2025

Accession no.
0000950170-25-096376
Filed
Jul 16, 2025
Trade date
Jul 14, 2025
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 17 non-derivative transactions and 1 derivative transaction. Open-market sales total $4.89M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Shao Wei-MingCIK 0001663488Officer (EVP & General Counsel)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 14, 2025Class A Common StockMOption exerciseAcquired+10,900$40.46+$441,01423,626Direct
Jul 14, 2025Class A Common StockSSaleDisposed−15$440.98F1−$6,614.723,611Direct
Jul 14, 2025Class A Common StockSSaleDisposed−141$441.52F2−$62,254.3223,470Direct
Jul 14, 2025Class A Common StockSSaleDisposed−446$442.55F3−$197,377.323,024Direct
Jul 14, 2025Class A Common StockSSaleDisposed−627$443.62F4−$278,149.7422,397Direct
Jul 14, 2025Class A Common StockSSaleDisposed−277$444.62F5−$123,159.7422,120Direct
Jul 14, 2025Class A Common StockSSaleDisposed−856$445.74F6−$381,553.4421,264Direct
Jul 14, 2025Class A Common StockSSaleDisposed−804$446.47F7−$358,961.8820,460Direct
Jul 14, 2025Class A Common StockSSaleDisposed−1,016$447.59F8−$454,751.4419,444Direct
Jul 14, 2025Class A Common StockSSaleDisposed−1,778$448.54F9−$797,504.1217,666Direct
Jul 14, 2025Class A Common StockSSaleDisposed−951$449.37F10−$427,350.8716,715Direct
Jul 14, 2025Class A Common StockSSaleDisposed−1,074$450.61F11−$483,955.1415,641Direct
Jul 14, 2025Class A Common StockSSaleDisposed−1,022$451.37F12−$461,300.1414,619Direct
Jul 14, 2025Class A Common StockSSaleDisposed−456$452.61F13−$206,390.1614,163Direct
Jul 14, 2025Class A Common StockSSaleDisposed−231$453.34F14−$104,721.5413,932Direct
Jul 14, 2025Class A Common StockSSaleDisposed−102$454.64F15−$46,373.2813,830Direct
Jul 14, 2025Class A Common StockSSaleDisposed−1,104$455.14F16−$502,474.5612,726Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 14, 2025Class A Common StockMOption exerciseDisposed−10,900$0.00$0139,100Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $440.978 to $440.982, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated d/b/a Strategy ("Strategy"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F2

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $441.239 to $441.949, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F3

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $442.12 to $442.99, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F4

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.022 to $443.94, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F5

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.00 to $444.964, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F6

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $445.21 to $445.98, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F7

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446.00 to $446.97, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F8

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.012 to $447.999, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F9

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $448.00 to $448.99, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F10

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $449.002 to $449.97, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F11

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $450.00 to $450.976, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F12

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $451.006 to $451.78, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F13

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $452.051 to $452.95, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F14

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $453.039 to $453.86, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F15

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $454.241 to $454.994, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F16

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $455.00 to $455.94, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)