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sellModerate cluster of 410b5-1 plan

Phong Le sold $11M of MSTR

President & CEO at MICROSTRATEGY Inc. 93,738 shares at an average of $118.73, traded Jun 5, 2026, filed Jun 5, 2026.

Warning score
40
Value
$11M
93,738 shares
Holdings after
119,925
-44% from before
From 52-week low
+13%
low $106.99, close $120.44
From 52-week high
-74%
high $455.90, as of Jun 5, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $11.1M at market
    +25
  • Share of holdings sold
    Sold 44% of holdings
    +10
  • 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 Jun 5, 2026: +28.1%SPY +6.0% · excess +22.1%

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 0001651669-26-000005, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jun 3, 2026MOption exercise
Class A Common Stock10b5-1
+190,740$0.00$0213,663Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-1,650$114.79$189k212,013Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-10,719$115.35$1.2M201,294Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-13,149$116.57$1.5M188,145Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-15,892$117.53$1.9M172,253Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-15,954$118.59$1.9M156,299Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-16,303$119.53$1.9M139,996Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-3,858$120.22$464k136,138Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-1,171$121.59$142k134,967Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-5,882$122.55$721k129,085Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-3,743$123.39$462k125,342Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-5,144$124.24$639k120,198Jun 5, 2026
Jun 5, 2026SOpen-market sale
Class A Common Stock10b5-1
-273$125.14$34k119,925Jun 5, 2026
Jun 3, 2026MOption exercise
Performance Stock Unitderivative10b5-1
-190,740$0.00$00Jun 5, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
Pro nowfree Oct 20, 2026
MSTRsell
MICROSTRATEGY Inc
Jarrod M Patten
director
$422k
2,750 shares
-9%
9Weak
MSTRsell
MICROSTRATEGY Inc
Jarrod M Patten
director
$81k
475 shares
-2%
13Weak
MSTRsell
MICROSTRATEGY Inc
Jarrod M Patten
director
$238k
1,425 shares
-5%
43Moderate
MSTRsell 2
MICROSTRATEGY Inc
Thomas C. Chow
EVP & General Counsel
$15k
106 shares
-100%
21Weak
MSTRsell 2
MICROSTRATEGY Inc
Jarrod M Patten
director
$241k
1,850 shares
-6%
30Weak
MSTRsell 2
MICROSTRATEGY Inc
Jarrod M Patten
director
$461k
3,700 shares
-13%
21Weak
MSTRsell
MICROSTRATEGY Inc
Jarrod M Patten
director
$389k
3,800 shares
-13%
20Weak
MSTRsell
MICROSTRATEGY Inc
Jarrod M Patten
director
$372k
3,900 shares
-13%
10Weak
MSTRsell
MICROSTRATEGY Inc
Jarrod M Patten
director
$125k
1,250 shares
-4%
26Weak
MSTRsell 4
MICROSTRATEGY Inc
Jarrod M Patten
director
$159k
1,500 shares
-5%

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 $11M of MSTR | InsiderTell