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sellNotable cluster of 6

Carl J Rickertsen sold $9.8M of MSTR

director at Strategy Inc. 26,390 shares at an average of $372.40, traded Jun 2, 2025, filed Jun 3, 2025.

Warning score
60
Value
$9.8M
26,390 shares
Holdings after
980
-96% from before
From 52-week low
+188%
low $129.28, close $372.27
From 52-week high
-21%
high $473.83, as of Jun 2, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $9.8M at market
    +25
  • Share of holdings sold
    Sold 96% of holdings
    +20
  • Cluster
    6 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +4.3%, 3m -11.8%, 6m -53.2%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MSTROct 9, 2026 · close 154.34
Since filing Jun 3, 2025: -60.2%SPY +32.8% · excess -92.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000950170-25-081295, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 31, 2025MOption exercise
Class A Common Stock
+980--980Jun 3, 2025
Jun 2, 2025MOption exercise
Class A Common Stock
+12,500$47.00$588k13,480Jun 3, 2025
Jun 2, 2025MOption exercise
Class A Common Stock
+12,500$26.47$331k25,980Jun 3, 2025
Jun 2, 2025MOption exercise
Class A Common Stock
+1,390$152.45$212k27,370Jun 3, 2025
Jun 2, 2025SOpen-market sale
Class A Common Stock
-25,000$372.33$9.3M2,370Jun 3, 2025
Jun 2, 2025SOpen-market sale
Class A Common Stock
-1,390$373.70$519k980Jun 3, 2025
May 31, 2025MOption exercise
Restricted Stock Unitsderivative
-980$0.00$00Jun 3, 2025
May 31, 2025AGrant or award
Director Stock Option (Right to buy)derivative
+545$0.00$0545Jun 3, 2025
May 31, 2025AGrant or award
Restricted Stock Unitsderivative
+406$0.00$0406Jun 3, 2025
Jun 2, 2025MOption exercise
Director Stock Option (Right to buy)derivative
-12,500$0.00$00Jun 3, 2025
Jun 2, 2025MOption exercise
Director Stock Option (Right to buy)derivative
-12,500$0.00$012,500Jun 3, 2025
Jun 2, 2025MOption exercise
Director Stock Option (Right to buy)derivative
-1,390$0.00$00Jun 3, 2025

Related signals

Other insiders at Strategy Inc and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
9Weak
MSTRsell
Strategy Inc
Jarrod M Patten
director
$81k
475 shares
-2%
13Weak
MSTRsell
Strategy Inc
Jarrod M Patten
director
$238k
1,425 shares
-5%
35Weak
MSTRsell
Strategy Inc
Thomas C. Chow
EVP & General Counsel
$15k
106 shares
-100%
26Weak
MSTRsell 4
Strategy Inc
Jarrod M Patten
director
$159k
1,500 shares
-5%
84Strong
MSTRbuy 2
Strategy Inc
Phong Le
President & CEO
$999k
11,000 shares
-
27Weak
MSTRsell 4
Strategy Inc
Jarrod M Patten
director
$182k
1,500 shares
-5%
39Weak
MSTRbuy 2
Strategy Inc
Thomas C. Chow
EVP & General Counsel
$9,998
111 shares
-
27Weak
MSTRsell 4
Strategy Inc
Jarrod M Patten
director
$201k
1,500 shares
-5%
15Weak
MSTRsell 410b5-1
Strategy Inc
Andrew Kang
EVP & CFO
$241k
1,949 shares
-3%
26Weak
MSTRsell 410b5-1
Strategy Inc
Phong Le
President & CEO
$684k
5,522 shares
-4%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Carl J Rickertsen sold $9.8M of MSTR | InsiderTell