Insider and congress filings

Strategy Inc (MSTR)

NASDAQ · Technology · 298 insider filings · 9 congress trades · last filed 3 days agoNasdaq 100

18
Open-market insider filings shown
1d
Median delay on the insider filings
within the two business day rule
2/16
Purchases and sales in the filings shown

About Strategy Inc

from the company's filings and listing
Exchange
NASDAQ
Sector
Technology
Industry
Software - Application
Chief executive
Phong Q. Le
Employees
1,539
Listed since
Jun 11, 1998
Market value
$43.9B
Price to earnings
-
Earnings per share
-$88.60
Dividend yield
-

www.strategy.com

Earnings

6 reported quarters · next on Oct 29, 2026
QuarterEPSEPS expectedRevenueRevenue expectedResult
Q2 FY2026reported Jul 30, 2026-$24.45-$2.19$122.4M$123.0MEPS missRevenue in line
Q1 FY2026reported May 5, 2026-$38.25-$0.86$124.3M$120.8MEPS missRevenue beat
Feb 5, 2026-$42.93-$0.08$123.0M$119.1MEPS missRevenue beat
Q3 FY2025reported Oct 30, 2025$8.42-$0.10$128.7M$116.7MEPS beatRevenue beat
Q2 FY2025reported Jul 31, 2025$32.60-$0.10$114.5M$113.5MEPS beatRevenue in line
Q1 FY2025reported May 1, 2025-$16.49-$2.44$111.1M$116.2MEPS missRevenue miss

Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way; basis unverified means we could not classify the reported figure. A flag reads n/a only when a number is missing. An estimate is a forecast made by analysts, not a company target.

Executive pay

as filed for 2025 · proxy filed Apr 28, 2026
ExecutiveSalaryStock awardsOtherTotal
Phong Q. LePresident & Chief Executive Officer$1.1M$8.8M$3.9M$13.8M
Andrew KangExecutive Vice President & Chief Financial Officer$700K$3.6M$1.4M$5.7M
Thomas C. ChowExecutive Vice President, General Counsel & Secretary$50K$2.1M$1.7M$3.9M
Michael J. SaylorChairman of the Board & Executive Chairman$1$0$781K$781K

The summary compensation table from the 2025 proxy statement, current executives only. 1 executive who has since left the company is named in that filing and not shown here. Read the filing

Institutional holders

13F positions as of Jun 30, 2026
HolderValueSharesChangeOf company
Capital International Investors$3.0B34,902,002+11.0%10.17%
Blackrock, Inc.$1.7B19,394,284+9.2%5.65%
Susquehanna International Group, LLP$1.4B16,397,900-6.0%4.78%
Vanguard Portfolio Management LLC$1.3B15,353,408+4.1%4.47%
Vanguard Capital Management LLC$1.3B14,938,599+6.1%4.35%
Toroso Investments, LLC$1.2B13,900,800-14.6%4.05%
Citadel Advisors LLC$1.1B12,733,300+38.6%3.71%
Jane Street Group, LLC$1.1B12,414,900-15.7%3.62%
Citadel Advisors LLC$1.1B12,263,900+14.7%3.57%
Susquehanna International Group, LLP$1.1B12,218,900-8.9%3.56%
Jane Street Group, LLC$1.0B11,979,600-6.8%3.49%
Invesco Ltd.$812.0M9,340,682+41.7%2.72%

A 13F reports long US equity positions 45 days after the quarter ends, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory.

Know the moment the next MSTR filing lands.

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Open-market insider trades

18 filings of 298 on record
InsiderActionSharesPriceValueTrade dateDelay
Thomas C. ChowEVP & General CounselSold106$138.75$15KSep 4, 20264d
Jarrod M. PattenDirectorSold925$129.00$119KAug 27, 20264d
Jarrod M. PattenDirectorSold925$122.34$113KAug 24, 20262d
Jarrod M. PattenDirectorSold925$124.00$115KAug 25, 20261d
Jarrod M. PattenDirectorSold · 2 lines2,875$101.88$293KAug 7, 20263d
Jarrod M. PattenDirectorSold1,950$98.48$192KJul 27, 20261d
Jarrod M. PattenDirectorSold1,950$92.45$180KJul 24, 20264d
Jarrod M. PattenDirectorSold1,250$100.00$125KJul 22, 20261d
Jarrod M. PattenDirectorSold1,500$106.08$159KJun 23, 20261d
Le PhongPresident & CEOBought11,000$90.80$999KJun 22, 20260d
Jarrod M. PattenDirectorSold1,500$121.31$182KJun 17, 20261d
Thomas C. ChowEVP & General CounselBought · 2 lines111$90.07$10KJun 16, 20261d
Jarrod M. PattenDirectorSold1,500$133.97$201KJun 15, 20262d
Jeanine MontgomeryVP & CAOSold · 3 lines354$123.84$44KJun 9, 20260d
Andrew KangEVP & CFOSold · 3 lines1,949$123.84$241KJun 9, 20260d
Le PhongPresident & CEOSold · 3 lines5,522$123.84$684KJun 9, 20260d
Andrew KangEVP & CFOSold · 12 lines33,062$118.73$3.9MJun 5, 20260d
Le PhongPresident & CEOSold · 12 lines93,738$118.73$11.1MJun 5, 20260d

One row is one filing. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count.

Congress trades in MSTR

9 disclosures of 9 on record · median 41d of the 45 allowed
MemberTypeActionAmount disclosedSince the tradeTrade dateDisclosedDelay
Shri ThanedarFiled lateStockSale$15,001 - $50,000-56.0%S&P +13.6% · vs S&P 500 -69.6%Oct 21, 2025Aug 13, 2026296d
Gilbert Ray Cisneros, Jr.StockPurchase$15,001 - $50,000+10.2%S&P +3.4% · vs S&P 500 +6.8%Jun 5, 2026Jul 2, 202627d
Shri ThanedarFiled lateStockPurchase$15,001 - $50,000-2.8%S&P +39.8% · vs S&P 500 -42.7%Jul 1, 2024Aug 11, 2025406d
Jefferson ShreveStockSale$15,001 - $50,000-67.2%S&P +30.8% · vs S&P 500 -98.0%May 12, 2025Jun 22, 202541d
Jefferson ShreveStockPurchase$15,001 - $50,000-53.1%S&P +27.6% · vs S&P 500 -80.7%Feb 24, 2025Mar 9, 202513d
Neal P. DunnSpouseStockPurchase$15,001 - $50,000-62.9%S&P +26.8% · vs S&P 500 -89.7%Dec 24, 2024n/an/a
Lois FrankelStockSale$1,001 - $15,000+959.8%S&P +214.1% · vs S&P 500 +745.7%Aug 21, 2017Oct 2, 201742d
Lois FrankelStockPurchase$1,001 - $15,000+617.5%S&P +213.8% · vs S&P 500 +403.7%Jun 23, 2017Jul 21, 201728d
Lois FrankelStockPurchase$1,001 - $15,000+618.9%S&P +212.9% · vs S&P 500 +406.0%Jun 22, 2017Jul 21, 201729d

Since the trade: the stock's move from the trade date to the latest close we hold, as of Sep 10, 2026, an estimate, with the S&P 500 over the same window and the difference against it. The figures describe the stock after the trade, not the member's result: the filing carries a band, not a fill, and a sale keeps the same sign, so a positive figure after a sale means the stock kept rising. An option row carries the underlying stock's move. A row marked n/a has no market price. Not investment advice.

Members of Congress reporting a position

1 member · estimate, as of Sep 10, 2026

1 member reports a position (estimated). The largest estimated position is in the $100,001 - $250,000 band.

MemberParty, chamberEstimated positionShare of their portfolio
Gilbert Ray Cisneros, Jr.Democrat · House$100,001 - $250,0000.5%

Estimate, as of Sep 10, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.

Awards, option exercises and gifts (20)
InsiderEventSharesDate
Jarrod M. PattenDirectorOption exercise1,850Aug 27, 2026
Jarrod M. PattenDirectorOption exercise3,700Aug 25, 2026
Jarrod M. PattenDirectorOption exercise925Aug 24, 2026
Jarrod M. PattenDirectorOption exercise2,875Aug 7, 2026
Jarrod M. PattenDirectorOption exercise1,950Jul 27, 2026
Jarrod M. PattenDirectorOption exercise1,950Jul 24, 2026
Jarrod M. PattenDirectorOption exercise1,250Jul 22, 2026
Jarrod M. PattenDirectorOption exercise1,500Jun 23, 2026
Jarrod M. PattenDirectorOption exercise1,500Jun 17, 2026
Jarrod M. PattenDirectorOption exercise1,500Jun 15, 2026
Jeanine MontgomeryVP & CAOOption exercise1,140Jun 8, 2026
Andrew KangEVP & CFOOption exercise4,260Jun 8, 2026
Le PhongPresident & CEOOption exercise11,920Jun 8, 2026
Le PhongPresident & CEOOption exercise190,740Jun 3, 2026
Andrew KangEVP & CFOOption exercise68,120Jun 3, 2026
Peter L. Briger Jr.DirectorStock award2,164May 31, 2026
Stephen X. GrahamDirectorOption exercise406May 31, 2026
Stephen X. GrahamDirectorStock award2,164May 31, 2026
Jane A. DietzeDirectorStock award2,164May 31, 2026
Jane A. DietzeDirectorOption exercise406May 31, 2026

Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.

Questions

Are insiders buying or selling MSTR?

Across the 18 most recent open-market filings shown here, 2 were purchases and 16 were sales.

Which members of Congress have traded MSTR?

Shri Thanedar, Gilbert Ray Cisneros, Jr., Jefferson Shreve, Neal P. Dunn, Lois Frankel disclosed MSTR transactions in the filings shown here.

Which members of Congress hold MSTR?

1 member of Congress reports a position in MSTR in the estimate we hold as of Sep 10, 2026. The largest estimated position belongs to Gilbert Ray Cisneros, Jr.. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.

Is MSTR in the S&P 500 or the Nasdaq 100?

Strategy Inc is a current member of the Nasdaq 100, per the membership list we hold as of Sep 10, 2026. Current members of either index get a page here whatever their filing history.

How quickly are MSTR trades disclosed?

Insider filings on this page reached the public a median of 1 days after the transaction, against the two business days Form 4 allows. Congressional disclosures took a median of 41 days, against the 45 the STOCK Act allows.

How to read a Form 4

A DECISION THE INSIDER MADE

POpen-market purchase. Bought with their own money at the market price.
SOpen-market sale. Sold on the market. A sale marked scheduled was set up in advance under a Rule 10b5-1 plan, often months before.

COMPENSATION PLUMBING

AStock award. Granted as pay, not bought.
MOption exercise. Converting options already held into shares.
FTax withholding. Shares handed back to the company to pay the tax on a grant.
GGift. Given away, with no money changing hands.

Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.

Data as of Sep 10, 2026.

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