Skip to content
sellWeak cluster of 410b5-1 plan

Phong Le sold $456k of MSTR

President & CEO at Strategy Inc. 3,299 shares at an average of $138.33, traded Mar 24, 2026, filed Mar 25, 2026.

Warning score
27
Value
$456k
3,299 shares
Holdings after
22,923
-13% from before
From 52-week low
+27%
low $106.99, close $136.25
From 52-week high
-70%
high $455.90, as of Mar 24, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $456k at market
    +17
  • Share of holdings sold
    Sold 13% of holdings
    +5
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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.

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 Mar 25, 2026: +10.9%SPY +19.1% · excess -8.2%

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 0001193125-26-124637, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 23, 2026MOption exercise
Class A Common Stock10b5-1
+7,320--26,222Mar 25, 2026
Mar 24, 2026SOpen-market sale
Class A Common Stock10b5-1
-1,753$137.73$241k24,469Mar 25, 2026
Mar 24, 2026SOpen-market sale
Class A Common Stock10b5-1
-1,410$138.98$196k23,059Mar 25, 2026
Mar 24, 2026SOpen-market sale
Class A Common Stock10b5-1
-136$139.45$19k22,923Mar 25, 2026
Mar 23, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
+7,320$0.00$014,640Mar 25, 2026

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%
24Weak
MSTRsell 4
Strategy Inc
Jarrod M Patten
director
$90k
700 shares
-2%
25Weak
MSTRsell 4
Strategy Inc
Jarrod M Patten
director
$96k
700 shares
-2%
17Weak
MSTRsell 410b5-1
Strategy Inc
Andrew Kang
EVP & CFO
$328k
2,373 shares
-8%
3Weak
MSTRsell 410b5-1
Strategy Inc
Jeanine Montgomery
VP & CAO
$65k
470 shares
-4%
57Moderate
MSTRbuy
Strategy Inc
Phong Le
President & CEO
$250k
2,509 shares
+46%
13Weak
MSTRsell 410b5-1
Strategy Inc
Andrew Kang
EVP & CFO
$126k
916 shares
-4%
19Weak
MSTRsell 410b5-1
Strategy Inc
Phong Le
President & CEO
$279k
2,034 shares
-10%

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.

Phong Le sold $456k of MSTR | InsiderTell