Form 4: MICROSTRATEGY Director Sells Shares
Insider Transaction (Form 4)
Jarrod M Patten, a Director of MICROSTRATEGY Inc, sold 2,750 shares of common stock on October 8, 2026.
Summary
- Option exercise/conversion: acquired 1,400 Class A Common Stock at $18.24 ($25,530) on October 8, 2026; holds 29,806 after (Direct).
- Open-market sale: disposed of 950 Class A Common Stock at $150.54 ($143,013) on October 8, 2026; holds 28,856 after (Direct).
- Open-market sale: disposed of 450 Class A Common Stock at $152.00 ($68,400) on October 8, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: acquired 1,350 Class A Common Stock at $18.24 ($24,619) on October 9, 2026; holds 29,756 after (Direct).
- Open-market sale: disposed of 450 Class A Common Stock at $154.47 ($69,512) on October 9, 2026; holds 29,306 after (Direct).
- Open-market sale: disposed of 450 Class A Common Stock at $156.00 ($70,200) on October 9, 2026; holds 28,856 after (Direct).
- Open-market sale: disposed of 450 Class A Common Stock at $158.00 ($71,100) on October 9, 2026; holds 28,406 after (Direct).
- Option exercise/conversion: disposed of 1,400 Director Stock Option (Right to buy) on October 8, 2026; holds 23,450 after (Direct).
- Option exercise/conversion: disposed of 1,350 Director Stock Option (Right to buy) on October 9, 2026; holds 22,100 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $422,224 of stock on the open market.
Insider Transactions
Jarrod M Patten — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-08 | Option exercise/conversion | Class A Common Stock | 1,400 | $18 | $25.5K | 29,806 |
| 2026-10-08 | Open-market sale | Class A Common Stock | 950 | $151 | $143.0K | 28,856 |
| 2026-10-08 | Open-market sale | Class A Common Stock | 450 | $152 | $68.4K | 28,406 |
| 2026-10-09 | Option exercise/conversion | Class A Common Stock | 1,350 | $18 | $24.6K | 29,756 |
| 2026-10-09 | Open-market sale | Class A Common Stock | 450 | $154 | $69.5K | 29,306 |
| 2026-10-09 | Open-market sale | Class A Common Stock | 450 | $156 | $70.2K | 28,856 |
| 2026-10-09 | Open-market sale | Class A Common Stock | 450 | $158 | $71.1K | 28,406 |
| 2026-10-08 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,400 | — | — | 23,450 |
| 2026-10-09 | Option exercise/conversion | Director Stock Option (Right to buy) | 1,350 | — | — | 22,100 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-08 | Option exercise/conversion (1,400 shares) |
| 2026-10-08 | Open-market sale (950 shares) |
| 2026-10-08 | Open-market sale (450 shares) |
| 2026-10-09 | Option exercise/conversion (1,350 shares) |
| 2026-10-09 | Open-market sale (450 shares) |
| 2026-10-09 | Open-market sale (450 shares) |
| 2026-10-09 | Open-market sale (450 shares) |
| 2026-10-08 | Option exercise/conversion (1,400 shares) |
| 2026-10-09 | Option exercise/conversion (1,350 shares) |
Keywords
insider transaction, Form 4, MSTR, Strategy Inc, bearish, Jarrod M Patten
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