Strategy Inc — Director's Dealing 2025

May 10, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2025-05-07

Reporting Person: Patten Jarrod M (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-07	Class A Common Stock	M	1100	$17.598	Acquired	10270	Direct
2025-05-07	Class A Common Stock	S	1100	$395	Disposed	9170	Direct
2025-05-08	Class A Common Stock	M	3200	$17.598	Acquired	12370	Direct
2025-05-08	Class A Common Stock	S	1500	$407.59	Disposed	10870	Direct
2025-05-08	Class A Common Stock	S	1000	$418.5	Disposed	9870	Direct
2025-05-08	Class A Common Stock	S	700	$422	Disposed	9170	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-07	Director Stock Option (Right to buy)	$17.598	M	1100	Disposed	2025-05-31	Class A Common Stock (1100)	Direct
2025-05-08	Director Stock Option (Right to buy)	$17.598	M	3200	Disposed	2025-05-31	Class A Common Stock (3200)	Direct

Footnotes

F1: The 1,100 shares exercised on May 7, 2025 pursuant to this option vested on May 31, 2016. Of the remaining 37,600 shares subject to this option, 100 shares vested on May 31, 2016, 12,500 shares vested on May 31, 2017, 12,500 shares vested on May 31, 2018, and 12,500 shares vested on May 31, 2019.

F2: Of the 3,200 shares exercised on May 8, 2025 pursuant to this option, 100 shares vested on May 31, 2016 and 3,100 shares vested on May 31, 2017. Of the remaining 34,400 shares subject to this option, 9,400 shares vested on May 31, 2017, 12,500 shares vested on May 31, 2018, and 12,500 shares vested on May 31, 2019.