Strategy Inc — Director's Dealing 2025

May 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2025-05-14

Reporting Person: Shao Wei-Ming (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-14	Class A Common Stock	M	7500	$17.5	Acquired	18097	Direct
2025-05-14	Class A Common Stock	S	7500	$425	Disposed	10597	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-14	Employee Stock Option (Right to buy)	$17.5	M	7500	Disposed	2032-11-10	Class A Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Perpetual Strife Preferred Stock	500	Direct

Footnotes

F1: The 7,500 shares exercised on May 14, 2025 pursuant to this option vested on November 10, 2024. Of the remaining 112,500 shares subject to this option, 12,500 shares vested on November 10, 2024, 50,000 shares are scheduled to vest on November 10, 2025, and 50,000 shares are scheduled to vest on November 10, 2026.