Strategy Inc — Director's Dealing 2025

Jun 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2025-05-31

Reporting Person: Patten Jarrod M (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-31	Class A Common Stock	M	980	—	Acquired	28000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-31	Restricted Stock Units	$	M	980	Disposed		Class A Common Stock (980)	Direct
2025-05-31	Director Stock Option (Right to buy)	$369.06	A	545	Acquired	2035-05-31	Class A Common Stock (545)	Direct
2025-05-31	Restricted Stock Units	$	A	406	Acquired		Class A Common Stock (406)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Perpetual Strife Preferred Stock	10000	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy.

F2: The 980 RSUs vested in full on May 31, 2025.

F3: These grants were made pursuant to the MicroStrategy Incorporated 2023 Equity Incentive Plan, as amended, which provides for the annual automatic grant of equity awards with an aggregate fair value of $300,000 (split evenly between RSUs and options) to each non-employee director on May 31 of each year.

F4: This option is scheduled to vest as to 545 shares on the first anniversary of the grant date.

F5: These RSUs are scheduled to vest as to 406 shares on the first anniversary of the grant date.