MSTR

SEC source: 0000950170-25-045558 · ownership.xml · nonDerivative · entry 1

RECHAN LESLIE J · CIK 0001333062 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,970

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950170-25-045235 · ownership.xml · derivative · entry 4

Montgomery Jeanine · CIK 0001444548 · VP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 4,680

Underlying: Class A Common Stock · 1,550 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

F5 · derivative.exercise_date: The remaining 4,680 restricted stock units will vest in equal annual installments over a three-year period, with 1,560 restricted stock units vesting on March 21, 2026, 1,560 restricted stock units vesting on March 21, 2027, and 1,560 restricted stock units vesting on March 21, 2028.

F5 · derivative.expiration_date: The remaining 4,680 restricted stock units will vest in equal annual installments over a three-year period, with 1,560 restricted stock units vesting on March 21, 2026, 1,560 restricted stock units vesting on March 21, 2027, and 1,560 restricted stock units vesting on March 21, 2028.

SEC source: 0000950170-25-045235 · ownership.xml · nonDerivative · entry 3

Montgomery Jeanine · CIK 0001444548 · VP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 7,805

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 3, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F4 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.44 to $330.41, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045235 · ownership.xml · nonDerivative · entry 2

Montgomery Jeanine · CIK 0001444548 · VP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 7,955

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 3, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.43 to $329.42, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045235 · ownership.xml · nonDerivative · entry 1

Montgomery Jeanine · CIK 0001444548 · VP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 8,286

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

SEC source: 0000950170-25-045233 · ownership.xml · derivative · entry 5

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 21,960

Underlying: Class A Common Stock · 7,320 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

F5 · derivative.exercise_date: The remaining 21,960 restricted stock units will vest in equal annual installments over a three-year period, with 7,320 restricted stock units vesting on March 21, 2026, 7,320 restricted stock units vesting on March 21, 2027, and 7,320 restricted stock units vesting on March 21, 2028.

F5 · derivative.expiration_date: The remaining 21,960 restricted stock units will vest in equal annual installments over a three-year period, with 7,320 restricted stock units vesting on March 21, 2026, 7,320 restricted stock units vesting on March 21, 2027, and 7,320 restricted stock units vesting on March 21, 2028.

SEC source: 0000950170-25-045233 · ownership.xml · nonDerivative · entry 3

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 18,165

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 7, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F4 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.44 to $330.41, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045233 · ownership.xml · nonDerivative · entry 2

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 19,184

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 7, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.43 to $329.42, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045233 · ownership.xml · nonDerivative · entry 1

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 21,446

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

SEC source: 0000950170-25-045230 · ownership.xml · derivative · entry 5

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 14,980

Underlying: Class A Common Stock · 4,990 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

F5 · derivative.exercise_date: The remaining 14,980 restricted stock units will vest in annual installments over a three-year period, with 4,990 restricted stock units vesting on March 21, 2026, 4,990 restricted stock units vesting on March 21, 2027, and 5,000 restricted stock units vesting on March 21, 2028.

F5 · derivative.expiration_date: The remaining 14,980 restricted stock units will vest in annual installments over a three-year period, with 4,990 restricted stock units vesting on March 21, 2026, 4,990 restricted stock units vesting on March 21, 2027, and 5,000 restricted stock units vesting on March 21, 2028.

SEC source: 0000950170-25-045230 · ownership.xml · nonDerivative · entry 3

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 10,597

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 4, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F4 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.44 to $330.41, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045230 · ownership.xml · nonDerivative · entry 2

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 11,228

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 4, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.43 to $329.42, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045230 · ownership.xml · nonDerivative · entry 1

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 12,648

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

SEC source: 0000950170-25-045228 · ownership.xml · derivative · entry 5

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,980

Underlying: Class A Common Stock · 5,320 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

F5 · derivative.exercise_date: The remaining 15,980 restricted stock units vest in annual installments over a three-year period, with 3,520 restricted stock units vesting on March 21, 2026, 5,330 restricted stock units vesting on March 21, 2027, and 5,330 restricted stock units vesting on March 21, 2028.

F5 · derivative.expiration_date: The remaining 15,980 restricted stock units vest in annual installments over a three-year period, with 3,520 restricted stock units vesting on March 21, 2026, 5,330 restricted stock units vesting on March 21, 2027, and 5,330 restricted stock units vesting on March 21, 2028.

SEC source: 0000950170-25-045228 · ownership.xml · nonDerivative · entry 3

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,215

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 2, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F4 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.44 to $330.41, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045228 · ownership.xml · nonDerivative · entry 2

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,895

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 2, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.43 to $329.42, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-25-045228 · ownership.xml · nonDerivative · entry 1

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 17,400

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

SEC source: 0000950170-25-043836 · ownership.xml · nonDerivative · entry 1

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,500

F1 · price: Represents shares purchased through a directed share program in connection with the underwritten public offering of Strategy's 10.00% Series A Perpetual Strife Preferred Stock. These shares were purchased at the public offering price of $85.00 per share.

SEC source: 0000950170-25-043830 · ownership.xml · nonDerivative · entry 1

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 500

F1 · price: Represents shares purchased through a directed share program in connection with the underwritten public offering of Strategy's 10.00% Series A Perpetual Strife Preferred Stock. These shares were purchased at the public offering price of $85.00 per share.

SEC source: 0000950170-25-043822 · ownership.xml · nonDerivative · entry 1

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,000

F1 · price: Represents shares purchased through a directed share program in connection with the underwritten public offering of Strategy's 10.00% Series A Perpetual Strife Preferred Stock. These shares were purchased at the public offering price of $85.00 per share.

SEC source: 0000950170-25-038720 · ownership.xml · derivative · entry 4

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,313

Underlying: Class A Common Stock · 3,313 shares

Expires not disclosed

F4 · derivative.exercise_price: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

F4 · derivative.exercise_date: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

F4 · derivative.expiration_date: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

SEC source: 0000950170-25-038720 · ownership.xml · derivative · entry 3

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,284

Underlying: Class A Common Stock · 8,284 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

F3 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F3 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-038720 · ownership.xml · derivative · entry 2

Kang Andrew · CIK 0001825170 · EVP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,359

Underlying: Class A Common Stock · 4,359 shares

Expires 2035-03-11

F1 · derivative.exercise_date: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

SEC source: 0000950170-25-038718 · ownership.xml · derivative · entry 2

Montgomery Jeanine · CIK 0001444548 · VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,148

Underlying: Class A Common Stock · 3,148 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Strategy class A common stock.

F3 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F3 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-038716 · ownership.xml · derivative · entry 4

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,988

Underlying: Class A Common Stock · 1,988 shares

Expires not disclosed

F4 · derivative.exercise_price: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

F4 · derivative.exercise_date: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

F4 · derivative.expiration_date: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

SEC source: 0000950170-25-038716 · ownership.xml · derivative · entry 3

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,621

Underlying: Class A Common Stock · 7,621 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of class A common stock of MicroStrategy Incorporated d/b/a Strategy ("Strategy").

F3 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F3 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-038716 · ownership.xml · derivative · entry 2

Shao Wei-Ming · CIK 0001663488 · EVP & General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,616

Underlying: Class A Common Stock · 2,616 shares

Expires 2035-03-11

F1 · derivative.exercise_date: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

SEC source: 0000950170-25-038715 · ownership.xml · derivative · entry 4

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,277

Underlying: Class A Common Stock · 9,277 shares

Expires not disclosed

F5 · derivative.exercise_price: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

F5 · derivative.exercise_date: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

F5 · derivative.expiration_date: Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.

SEC source: 0000950170-25-038715 · ownership.xml · derivative · entry 3

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,892

Underlying: Class A Common Stock · 17,892 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Strategy class A common stock.

F4 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F4 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-038715 · ownership.xml · derivative · entry 2

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,207

Underlying: Class A Common Stock · 12,207 shares

Expires 2035-03-11

F2 · derivative.exercise_date: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

SEC source: 0000950170-25-008338 · ownership.xml · derivative · entry 2

WINIARSKI GREGG · CIK 0001466505 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,745

Underlying: Class A Common Stock · 2,745 shares

Expires not disclosed

F1 · security: These grants were approved by the Board of Directors (the "Board") on December 20, 2024, subject to stockholder approval of an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, beginning on December 20, 2024, upon the initial election of a non-employee director to the Board, such director will be automatically granted equity awards with an aggregate fair value of $2,000,000 (split evenly between RSUs and options), vesting in equal annual installments over four years. The stockholders approved the Plan Amendment on January 21, 2025.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F4 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F4 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-008338 · ownership.xml · derivative · entry 1

WINIARSKI GREGG · CIK 0001466505 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,709

Underlying: Class A Common Stock · 3,709 shares

Expires 2035-01-21

F1 · security: These grants were approved by the Board of Directors (the "Board") on December 20, 2024, subject to stockholder approval of an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, beginning on December 20, 2024, upon the initial election of a non-employee director to the Board, such director will be automatically granted equity awards with an aggregate fair value of $2,000,000 (split evenly between RSUs and options), vesting in equal annual installments over four years. The stockholders approved the Plan Amendment on January 21, 2025.

F2 · derivative.exercise_date: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

SEC source: 0000950170-25-008333 · ownership.xml · derivative · entry 2

Dietze Jane A · CIK 0001341187 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,745

Underlying: Class A Common Stock · 2,745 shares

Expires not disclosed

F1 · security: These grants were approved by the Board of Directors (the "Board") on December 20, 2024, subject to stockholder approval of an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, beginning on December 20, 2024, upon the initial election of a non-employee director to the Board, such director will be automatically granted equity awards with an aggregate fair value of $2,000,000 (split evenly between RSUs and options), vesting in equal annual installments over four years. The stockholders approved the Plan Amendment on January 21, 2025.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F4 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F4 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-008333 · ownership.xml · derivative · entry 1

Dietze Jane A · CIK 0001341187 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,709

Underlying: Class A Common Stock · 3,709 shares

Expires 2035-01-21

F1 · security: These grants were approved by the Board of Directors (the "Board") on December 20, 2024, subject to stockholder approval of an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, beginning on December 20, 2024, upon the initial election of a non-employee director to the Board, such director will be automatically granted equity awards with an aggregate fair value of $2,000,000 (split evenly between RSUs and options), vesting in equal annual installments over four years. The stockholders approved the Plan Amendment on January 21, 2025.

F2 · derivative.exercise_date: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

SEC source: 0000950170-25-008330 · ownership.xml · derivative · entry 2

BROOKS BRIAN P · CIK 0001624877 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,745

Underlying: Class A Common Stock · 2,745 shares

Expires not disclosed

F1 · security: These grants were approved by the Board of Directors (the "Board") on December 20, 2024, subject to stockholder approval of an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, beginning on December 20, 2024, upon the initial election of a non-employee director to the Board, such director will be automatically granted equity awards with an aggregate fair value of $2,000,000 (split evenly between RSUs and options), vesting in equal annual installments over four years. The stockholders approved the Plan Amendment on January 21, 2025.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F4 · derivative.exercise_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

F4 · derivative.expiration_date: 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

SEC source: 0000950170-25-008330 · ownership.xml · derivative · entry 1

BROOKS BRIAN P · CIK 0001624877 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,709

Underlying: Class A Common Stock · 3,709 shares

Expires 2035-01-21

F1 · security: These grants were approved by the Board of Directors (the "Board") on December 20, 2024, subject to stockholder approval of an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, beginning on December 20, 2024, upon the initial election of a non-employee director to the Board, such director will be automatically granted equity awards with an aggregate fair value of $2,000,000 (split evenly between RSUs and options), vesting in equal annual installments over four years. The stockholders approved the Plan Amendment on January 21, 2025.

F2 · derivative.exercise_date: 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

SEC source: 0000950170-24-130546 · ownership.xml · derivative · entry 6

GRAHAM STEPHEN X · CIK 0001282917 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 20,000 shares

Expires 2027-05-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Of the 20,000 shares exercised on November 21, 2024 pursuant to this option, 7,500 shares vested on May 31, 2020 and 12,500 shares vested on May 31, 2021.

F5 · balance_after: See Exhibit A.

SEC source: 0000950170-24-130546 · ownership.xml · nonDerivative · entry 5

GRAHAM STEPHEN X · CIK 0001282917 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,970

SEC source: 0000950170-24-130546 · ownership.xml · nonDerivative · entry 4

GRAHAM STEPHEN X · CIK 0001282917 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,069

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $451.74 to $452.34, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-24-130546 · ownership.xml · nonDerivative · entry 3

GRAHAM STEPHEN X · CIK 0001282917 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,277

F2 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $450.74 to $451.73, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-24-130546 · ownership.xml · nonDerivative · entry 2

GRAHAM STEPHEN X · CIK 0001282917 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,197

F1 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $449.31 to $450.11, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-24-130546 · ownership.xml · nonDerivative · entry 1

GRAHAM STEPHEN X · CIK 0001282917 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,970

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950170-24-128569 · ownership.xml · derivative · entry 3

Montgomery Jeanine · CIK 0001444548 · SVP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 100

Underlying: Class A Common Stock · 46 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F3 · derivative.exercise_date: The remaining 100 restricted stock units will vest on November 15, 2025.

F3 · derivative.expiration_date: The remaining 100 restricted stock units will vest on November 15, 2025.

F4 · balance_after: See Exhibit A.

SEC source: 0000950170-24-128569 · ownership.xml · nonDerivative · entry 2

Montgomery Jeanine · CIK 0001444548 · SVP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 6,472

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 3, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

SEC source: 0000950170-24-128569 · ownership.xml · nonDerivative · entry 1

Montgomery Jeanine · CIK 0001444548 · SVP & CAO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 6,518

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

SEC source: 0000950170-24-127690 · ownership.xml · derivative · entry 7

Shao Wei-Ming · CIK 0001663488 · SEVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 2,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F8 · derivative.exercise_date: The 2,500 restricted stock units vested in full on November 13, 2024.

F8 · derivative.expiration_date: The 2,500 restricted stock units vested in full on November 13, 2024.

F7 · balance_after: See Exhibit A.

SEC source: 0000950170-24-127690 · ownership.xml · nonDerivative · entry 5

Shao Wei-Ming · CIK 0001663488 · SEVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 7,708

F4 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 4, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F5 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $322.37 to $322.63, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950170-24-127690 · ownership.xml · nonDerivative · entry 4

Shao Wei-Ming · CIK 0001663488 · SEVP & General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 8,960

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

SEC source: 0000950170-24-127688 · ownership.xml · derivative · entry 3

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 2,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F4 · derivative.exercise_date: The 2,500 restricted stock units vested in full on November 13, 2024.

F4 · derivative.expiration_date: The 2,500 restricted stock units vested in full on November 13, 2024.

F5 · balance_after: Exhibit A.

SEC source: 0000950170-24-127688 · ownership.xml · nonDerivative · entry 2

Le Phong · CIK 0001651669 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 13,918

F2 · shares: The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 7, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $322.37 to $322.63, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.