Strategy Inc Director Jarrod M. Patten Files Form 144 to Sell $129K in Stock
Strategy Inc
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Filing Summary
Form 144 Notice of Proposed Sale of Securities Issuer: Strategy Inc (MSTR) Insider: Jarrod M. Patten (Director) Securities: 950 shares of Class A Common Stock Approx. Market Value: $129,238.10 (~$136.04/share) Broker: Fidelity Brokerage Services LLC Acquisition: Stock option exercise on 11/03/2026 for cash
Comprehensive Analysis
Executive Summary
On November 3, 2026, Strategy Inc (CIK: 0001050446) Director Jarrod M. Patten filed Form 144 signaling an intention to sell 950 shares of Class A Common Stock through Fidelity Brokerage Services LLC. The aggregate market value of the proposed transaction is $129,238.10, representing an estimated price of $136.04 per share.
Transaction & Acquisition Details
- Security Class: Class A Common Stock
- Shares to be Sold: 950
- Aggregate Value: $129,238.10
- Acquisition Source: Acquired directly from the issuer via stock option exercise on November 3, 2026, paid in cash.
- Shares Outstanding: 402,714,357 shares outstanding, rendering this proposed transaction negligible (<0.001% of total shares).
Prior 3-Month Trading Activity
In the preceding three months, Director Patten has regularly executed option exercise and sale transactions:
- 08/07/2026: 3,800 shares for $389,145.63
- 08/24/2026: 925 shares for $113,164.59
- 08/25/2026: 2,775 shares for $347,800.00
- 08/27/2026: 1,850 shares for $240,500.00
- 09/21/2026: 1,425 shares for $238,442.40
- 09/22/2026: 475 shares for $81,225.00
- 10/08/2026: 1,400 shares for $211,413.00
- 10/09/2026: 1,350 shares for $210,811.50
Significance & Market Impact
Trading significance is rated as Low. The proposed sale reflects routine liquidity harvesting following an option exercise and follows an established, recurring selling pattern observed across August, September, and October 2026. The transaction volume is immaterial relative to Strategy Inc's total share count.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
