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Strategy Inc Director's Dealing 2025

Dec 9, 2025

29883_dirs_2025-12-09_a33d256e-8cc0-464e-aa97-37bbd277c455.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Strategy Inc (MSTR)
CIK: 0001050446
Period of Report: 2025-12-05

Reporting Person: Chow Thomas C. (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-12-05 Employee Stock Option (Right to buy) $178.99 A 9843 Acquired 2035-12-05 Class A Common Stock (9843) Direct
2025-12-05 Restricted Stock Units $ A 11772 Acquired Class A Common Stock (11772) Direct

Footnotes

F1: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Strategy Inc class A common stock.

F3: 25 percent of these RSUs vest on the first anniversary of the grant date, and an additional 25 percent of the original number of RSUs vest on each anniversary thereafter until the RSUs are vested in full.