Strategy Inc (MSTR) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Strategy Inc (MSTR) CIK: 0001050446 --- Reporting Owner --- Name: Patten Jarrod M CIK: 0001309191 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-06-15 | Code: M (Exercise of derivative) Shares: +1,500 | Price: $18.24 Total Value: $27,354.00 Shares Owned After: 29,906 | Ownership: D (Direct) [Transaction #2] Security: Class A Common Stock Date: 2026-06-15 | Code: S (Open market sale) Shares: -1,500 | Price: $133.97 Total Value: $200,950.50 Shares Owned After: 28,406 | Ownership: D (Direct) Footnotes: [F1] The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.950 to $134.030, inclusive. The reporting person undertakes to provide to Strategy Inc ("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 range set forth in this footnote. --- Derivative Transactions --- [Transaction #1] Security: Director Stock Option (Right to buy) Date: 2026-06-15 | Code: M (Exercise of derivative) Shares: -1,500 | Price: $0.00 Exercisable: N/A | Expires: 2027-05-31 Shares Owned After: 44,250 | Ownership: D (Direct) Footnotes: [F2] The 1,500 shares exercised on June 15, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 44,250 shares pursuant to this option, 6,750 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. --- Holdings --- [Holding #1] Security: Series A Perpetual Strife Preferred Stock Ownership: D (Direct) [Holding #2] Security: Series A Perpetual Stretch Preferred Stock Ownership: D (Direct) [Holding #3] Security: Series A Perpetual Stride Preferred Stock Ownership: D (Direct) --- Footnotes (Complete Index) --- F1: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.950 to $134.030, inclusive. The reporting person undertakes to provide to Strategy Inc ("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 range set forth in this footnote. F2: The 1,500 shares exercised on June 15, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 44,250 shares pursuant to this option, 6,750 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021. --- Signature --- /s/ /s/ Allein Sabel, Attorney-in-Fact (2026-06-17)