Strategy Inc
US ˙ NasdaqGS ˙ US5949724083

SecurityMSTR / Strategy Inc
InsiderStephen X Graham
This page shows the track record and history of GRAHAM STEPHEN X insider trades in Strategy Inc. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Stephen X Graham in MSTR / Strategy Inc. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MSTR / Strategy Inc Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Stephen X Graham in MSTR / Strategy Inc. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2024-11-21 3,773 449.6600 3,773 449.6600 1,696,567 365 170.5000 -1,053,270 -62.08
2024-11-21 7,920 451.3900 7,920 451.3900 3,575,009
2024-11-21 8,208 452.1000 8,208 452.1000 3,710,837
2024-11-21 99 453.1600 99 453.1600 44,863
2024-11-13 8,200 379.8700 8,200 379.8700 3,114,934
2024-11-13 15,700 380.7200 15,700 380.7200 5,977,304
2024-11-13 6,037 381.9000 6,037 381.9000 2,305,530
2024-11-13 63 382.4700 63 382.4700 24,096
2024-02-28 2,000 950.0000 20,000 95.0000 1,900,000
2024-02-27 1,000 890.0000 10,000 89.0000 890,000
2024-02-26 2,000 750.0000 20,000 75.0000 1,500,000
2024-02-26 2,000 790.0000 20,000 79.0000 1,580,000
2024-02-15 2,000 778.6400 20,000 77.8640 1,557,280
2021-11-08 1,000 850.0000 10,000 85.0000 850,000
2021-11-08 1,000 865.0000 10,000 86.5000 865,000
2021-03-12 1,000 800.0000 10,000 80.0000 800,000
2021-03-12 1,000 805.0000 10,000 80.5000 805,000
2021-03-11 750 775.0000 7,500 77.5000 581,250
2021-03-10 1,750 750.0000 17,500 75.0000 1,312,500
2021-03-09 1,000 700.0000 10,000 70.0000 700,000
2021-03-09 1,000 710.0000 10,000 71.0000 710,000
2021-03-04 3,000 712.9800 30,000 71.2980 2,138,940
2021-02-24 2,000 800.0000 20,000 80.0000 1,600,000
2020-11-30 600 306.5600 6,000 30.6560 183,936
2020-11-30 381 307.2200 3,810 30.7220 117,051
2020-11-30 2,594 308.6500 25,940 30.8650 800,638
2020-11-30 1,675 309.9100 16,750 30.9910 519,099
2020-11-30 1,000 310.1100 10,000 31.0110 310,110
2020-11-24 1,982 234.7600 19,820 23.4760 465,294
2020-11-24 1,684 235.6800 16,840 23.5680 396,885
2020-11-24 1,100 236.5700 11,000 23.6570 260,227
2020-11-24 200 237.8200 2,000 23.7820 47,564
2020-11-24 699 239.1300 6,990 23.9130 167,152
2020-11-24 585 239.9800 5,850 23.9980 140,388

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MSTR / Strategy Inc Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2026-06-02 2026-05-31 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 406 8,356
2025-06-03 2025-05-31 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 980 7,950
2024-11-25 2024-11-21 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 453.1600 -99 -45 6,970
2024-11-25 2024-11-21 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 452.1000 -8,208 -3,711 7,069
2024-11-25 2024-11-21 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 451.3900 -7,920 -3,575 15,277
2024-11-25 2024-11-21 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 449.6600 -3,773 -1,697 23,197
2024-11-25 2024-11-21 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 18.2360 20,000 365 26,970
2024-11-14 2024-11-13 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 382.4700 -63 -24 6,970
2024-11-14 2024-11-13 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 381.9000 -6,037 -2,306 7,033
2024-11-14 2024-11-13 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 380.7200 -15,700 -5,977 13,070
2024-11-14 2024-11-13 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 379.8700 -8,200 -3,115 28,770
2024-11-14 2024-11-13 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 18.2360 30,000 547 36,970
2024-06-04 2024-05-31 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 497 697
2024-02-29 2024-02-28 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 950.0000 -2,000 -1,900 200
2024-02-29 2024-02-28 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 186.5400 2,000 373 2,200
2024-02-28 2024-02-27 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 890.0000 -1,000 -890 200
2024-02-28 2024-02-27 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 186.5400 1,000 187 1,200
2024-02-27 2024-02-26 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 790.0000 -2,000 -1,580 200
2024-02-27 2024-02-26 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 750.0000 -2,000 -1,500 2,200
2024-02-27 2024-02-26 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 186.5400 2,000 373 4,200
2024-02-27 2024-02-26 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 175.9800 2,000 352 2,200
2024-02-16 2024-02-15 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 778.6400 -2,000 -1,557 200
2024-02-16 2024-02-15 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 175.9800 2,000 352 2,200
2021-11-10 2021-11-08 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -1,000 4,000
2021-11-10 2021-11-08 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 175.98 -1,000 4,000
2021-11-10 2021-11-08 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 865.0000 -1,000 -865 200
2021-11-10 2021-11-08 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 850.0000 -1,000 -850 1,200
2021-11-10 2021-11-08 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 175.9800 1,000 176 2,200
2021-11-10 2021-11-08 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 1,000 121 1,200
2021-06-02 2021-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 470.00 5,000 5,000
2021-03-15 2021-03-12 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -2,000 1,000
2021-03-15 2021-03-12 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 805.0000 -1,000 -805 200
2021-03-15 2021-03-12 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 800.0000 -1,000 -800 1,200
2021-03-15 2021-03-12 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 2,000 243 2,200
2021-03-15 2021-03-11 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -750 3,000
2021-03-15 2021-03-11 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 775.0000 -750 -581 200
2021-03-15 2021-03-11 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 750 91 950
2021-03-11 2021-03-10 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -1,750 3,750
2021-03-11 2021-03-10 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 750.0000 -1,750 -1,312 200
2021-03-11 2021-03-10 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 1,750 213 1,950
2021-03-11 2021-03-09 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -2,000 5,500
2021-03-11 2021-03-09 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 710.0000 -1,000 -710 200
2021-03-11 2021-03-09 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 700.0000 -1,000 -700 1,200
2021-03-11 2021-03-09 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 2,000 243 2,200
2021-03-08 2021-03-04 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -3,000 7,500
2021-03-08 2021-03-04 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 712.9800 -3,000 -2,139 200
2021-03-08 2021-03-04 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 3,000 364 3,200
2021-02-26 2021-02-24 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -2,000 10,500
2021-02-26 2021-02-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 800.0000 -2,000 -1,600 200
2021-02-26 2021-02-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 2,000 243 2,200
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -6,250 12,500
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 310.1100 -1,000 -310 200
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 309.9100 -1,675 -519 1,200
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 308.6500 -2,594 -801 2,875
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 307.2200 -381 -117 5,469
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 306.5600 -600 -184 5,850
2020-12-01 2020-11-30 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 6,250 759 6,450
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) M - Exercise D 121.43 -6,250 18,750
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 239.9800 -585 -140 200
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 239.1300 -699 -167 585
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 237.8200 -200 -48 1,284
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 236.5700 -1,100 -260 1,484
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 235.6800 -1,684 -397 2,584
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock S - Sale D 234.7600 -1,982 -465 4,268
2020-11-25 2020-11-24 4 GRAHAM STEPHEN X MSTR Class A Common Stock M - Exercise D 121.4300 6,250 759 6,450
2020-06-02 2020-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 124.48 5,000 5,000
2019-06-04 2019-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 132.91 5,000 5,000
2018-06-04 2018-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 129.57 5,000 5,000
2017-06-02 2017-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 182.36 5,000 5,000
2016-06-02 2016-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 186.54 5,000 5,000
2015-06-02 2015-05-31 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 175.98 5,000 5,000
2014-05-02 2014-04-30 4 GRAHAM STEPHEN X MSTR Director Stock Option (Right to buy) A - Award D 121.43 25,000 25,000
2014-04-30 3 GRAHAM STEPHEN X MSTR Class A Common Stock D 400
2014-04-30 3 GRAHAM STEPHEN X MSTR Class A Common Stock D 400
P
Acquisto sul mercato aperto o privato di un titolo non derivato o derivato
S
Vendita sul mercato aperto o privato di un titolo non derivato o derivato
A
Concessione, assegnazione o altra acquisizione di titoli dall'azienda (ad esempio un'opzione)
C
Conversione di un derivato
D
Vendita o trasferimento di titoli alla società
F
Pagamento del prezzo di esercizio o del debito fiscale con la quota di titoli ricevuta dalla società
G
Regalo di titoli da parte o a favore dell'insider
K
Equity swap e operazioni di copertura analoghe
M
Esercizio o conversione di un titolo derivato ricevuto dall'azienda (ad esempio un'opzione)
V
Una transazione dichiarata volontariamente sul modulo 4
J
Altro (accompagnato da una nota a piè di pagina che descriva l'operazione)