MSTR Strategy

• $779K bought by 1 insider
• $11.4M sold by 2 insiders outside a trading plan
• $6.5M sold by 1 insider under 10b5-1 plans

1. Insider
   Trade
   Value
   Traded, filed
2. Jarrod M Patten Director
   Sale
   $422K 2,750 shares at $153.54 8.8% of stake
   Traded Oct 8–9 Filed Oct 13
   ↗
3. Jarrod M Patten Director
   Sale
   $81K 475 shares at $171.00 1.6% of stake
   Traded Sep 22 Filed Sep 23
   ↗
4. Jarrod M Patten Director
   Sale
   $238K 1,425 shares at $167.33 4.8% of stake
   Traded Sep 21 Filed Sep 22
   ↗
5. Thomas C. Chow EVP & General Counsel
   Sale
   $15K 106 shares at $138.75 100% of stake
   Traded Sep 4 Filed Sep 8
   ↗
6. Jarrod M Patten Director
   Sale
   $241K 1,850 shares at $130.00 6.1% of stake
   Traded Aug 27 Filed Aug 31
   ↗
7. Jarrod M Patten Director
   Sale
   $461K 3,700 shares at $124.59 12% of stake
   Traded Aug 24–25 Filed Aug 26
   ↗
8. Jarrod M Patten Director
   Sale
   $389K 3,800 shares at $102.41 12% of stake
   Traded Aug 7 Filed Aug 10
   ↗
9. Jarrod M Patten Director
   Sale
   $372K 3,900 shares at $95.47 12% of stake
   Traded Jul 24–27 Filed Jul 28
   ↗
10. Jarrod M Patten Director
    Sale
    $125K 1,250 shares at $100.00 4.2% of stake
    Traded Jul 22 Filed Jul 23
    ↗
11. Jarrod M Patten Director
    Sale
    $159K 1,500 shares at $106.08 5% of stake
    Traded Jun 23 Filed Jun 24
    ↗
12. Jarrod M Patten Director
    Sale
    $182K 1,500 shares at $121.31 5% of stake
    Traded Jun 17 Filed Jun 18
    ↗
13. Jarrod M Patten Director
    Sale
    $201K 1,500 shares at $133.97 5% of stake
    Traded Jun 15 Filed Jun 17
    ↗
14. Jarrod M Patten Director
    Sale
    $3.4M 22,300 shares at $152.60 44% of stake
    Traded May 28–29 Filed Jun 1
    ↗
15. Jarrod M Patten Director
    Sale
    $207K 1,250 shares at $165.30 4.3% of stake
    Traded May 26 Filed May 28
    ↗
16. Jarrod M Patten Director
    Sale
    $875K 5,250 shares at $166.68 16% of stake
    Traded May 19–20 Filed May 21
    ↗

Also filed in the last 12 months, not counted as buying or selling: 79 option exercises, 48 sales to cover taxes, 9 trades in other securities, and 1 gift.