Strategy Inc — Director's Dealing 2025

Aug 7, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2025-08-05

Reporting Person: Kang Andrew (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-05	Class A Common Stock	M	6250	$19.744	Acquired	30710	Direct
2025-08-05	Class A Common Stock	S	6250	$386.32	Disposed	24460	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-05	Employee Stock Option (Right to buy)	$19.744	M	6250	Disposed	2032-05-18	Class A Common Stock (6250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Perpetual Stretch Preferred Stock	2800	Direct
Series A Perpetual Stride Preferred Stock	2250	Direct
Series A Perpetual Strife Preferred Stock	1500	Direct

Footnotes

F1: The 6,250 shares exercised on August 5, 2025 pursuant to this option vested on May 18, 2024. Of the remaining 106,250 shares subject to this option, 31,250 shares vested on May 18, 2024, 37,500 shares vested on May 18, 2025, and 37,500 shares are scheduled to vest on May 18, 2026.