Skip to content
sellWeak cluster of 410b5-1 plan

Phong Le sold $684k of MSTR

President & CEO at Strategy Inc. 5,522 shares at an average of $123.84, traded Jun 9, 2026, filed Jun 9, 2026.

Warning score
26
Value
$684k
5,522 shares
Holdings after
126,323
-4% from before
From 52-week low
+9%
low $106.99, close $117.02
From 52-week high
-74%
high $455.90, as of Jun 9, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $684k at market
    +21
  • Share of holdings sold
    Sold 4.2% of holdings
    0
  • 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 9, 2026: +31.9%SPY +6.2% · excess +25.7%

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 0001651669-26-000007, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jun 8, 2026MOption exercise
Class A Common Stock10b5-1
+11,920--131,845Jun 9, 2026
Jun 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-2,888$123.38$356k128,957Jun 9, 2026
Jun 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-2,579$124.33$321k126,378Jun 9, 2026
Jun 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-55$124.88$6,868126,323Jun 9, 2026
Jun 8, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-11,920$0.00$011,920Jun 9, 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%
43Moderate
MSTRsell 2
Strategy Inc
Thomas C. Chow
EVP & General Counsel
$15k
106 shares
-100%
21Weak
MSTRsell 2
Strategy Inc
Jarrod M Patten
director
$241k
1,850 shares
-6%
30Weak
MSTRsell 2
Strategy Inc
Jarrod M Patten
director
$461k
3,700 shares
-13%
21Weak
MSTRsell
Strategy Inc
Jarrod M Patten
director
$389k
3,800 shares
-13%
20Weak
MSTRsell
Strategy Inc
Jarrod M Patten
director
$372k
3,900 shares
-13%
10Weak
MSTRsell
Strategy Inc
Jarrod M Patten
director
$125k
1,250 shares
-4%
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
-

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 $684k of MSTR | InsiderTell