SHAO WEI-MING (SEVP & General Counsel) sold 80.5% of their position (52.50K shares) of STRATEGY INC on the open market

Open‑market sale worth $21.42M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 11 sales

SHAO WEI-MING

Filed: 7/11/2025ACC: 0000950170-25-095415

InsiderSHAO WEI-MINGCIK 1663488

→

IssuerSTRATEGY INCCIK 1050446

Officer· SEVP & General Counsel

Since Nov 2019

-52.50K

Net shares

Net seller

$21.42M

Total sold

Open market trades

0B · 11S

Total transactions

52.50K acquired · 105K disposed

Non-Derivative Transactions14

Class A Common Stock

Direct

M · Option Exercise

+20K

Price / share

$40.46

Trade value

$809.20K

% of position

157.2%

7/9/2025

12.73K→32.73K

Class A Common Stock

Direct

M · Option Exercise

+12.50K

Price / share

$17.50

Trade value

$218.75K

% of position

38.2%

7/9/2025

32.73K→45.23K

Class A Common Stock

Direct

S · Sale

−32.50K

Price / share

$401.47

Trade value

$13.05M

% of position

71.9%

7/9/2025

45.23K→12.73K

Class A Common Stock

Direct

M · Option Exercise

+20K

Price / share

$40.46

Trade value

$809.20K

% of position

157.2%

7/10/2025

12.73K→32.73K

Class A Common Stock

Direct

S · Sale

−1.20K

Price / share

$412.90

Trade value

$495.48K

% of position

3.7%

7/10/2025

32.73K→31.53K

Class A Common Stock

Direct

S · Sale

−2.43K

Price / share

$413.81

Trade value

$1M

% of position

7.7%

7/10/2025

31.53K→29.10K

Class A Common Stock

Direct

S · Sale

−1.20K

Price / share

$414.95

Trade value

$497.94K

% of position

4.1%

7/10/2025

29.10K→27.90K

Class A Common Stock

Direct

S · Sale

−600.00

Price / share

$415.95

Trade value

$249.57K

% of position

2.2%

7/10/2025

27.90K→27.30K

Class A Common Stock

Direct

S · Sale

−1.30K

Price / share

$417.07

Trade value

$542.20K

% of position

4.8%

7/10/2025

27.30K→26K

Class A Common Stock

Direct

S · Sale

−600.00

Price / share

$418.33

Trade value

$251K

% of position

2.3%

7/10/2025

26K→25.40K

Class A Common Stock

Direct

S · Sale

−1.12K

Price / share

$419.40

Trade value

$470.98K

% of position

4.4%

7/10/2025

25.40K→24.28K

Class A Common Stock

Direct

S · Sale

−7.09K

Price / share

$420.40

Trade value

$2.98M

% of position

29.2%

7/10/2025

24.28K→17.19K

Class A Common Stock

Direct

S · Sale

−4.04K

Price / share

$421.43

Trade value

$1.70M

% of position

23.5%

7/10/2025

17.19K→13.14K

Class A Common Stock

Direct

S · Sale

−418.00

Price / share

$422.14

Trade value

$176.45K

% of position

3.2%

7/10/2025

13.14K→12.73K

Total

Net shares

+0.00

Net value

-$19.58M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	7/9/2025	M · Option Exercise	+20K	$40.46	$809.20K	157.2%	12.73K	32.73K
Class A Common Stock Direct	7/9/2025	M · Option Exercise	+12.50K	$17.50	$218.75K	38.2%	32.73K	45.23K
Class A Common Stock Direct	7/9/2025	S · Sale	−32.50K	$401.47	$13.05M	71.9%	45.23K	12.73K
Class A Common Stock Direct	7/10/2025	M · Option Exercise	+20K	$40.46	$809.20K	157.2%	12.73K	32.73K
Class A Common Stock Direct	7/10/2025	S · Sale	−1.20K	$412.90	$495.48K	3.7%	32.73K	31.53K
Class A Common Stock Direct	7/10/2025	S · Sale	−2.43K	$413.81	$1M	7.7%	31.53K	29.10K
Class A Common Stock Direct	7/10/2025	S · Sale	−1.20K	$414.95	$497.94K	4.1%	29.10K	27.90K
Class A Common Stock Direct	7/10/2025	S · Sale	−600.00	$415.95	$249.57K	2.2%	27.90K	27.30K
Class A Common Stock Direct	7/10/2025	S · Sale	−1.30K	$417.07	$542.20K	4.8%	27.30K	26K
Class A Common Stock Direct	7/10/2025	S · Sale	−600.00	$418.33	$251K	2.3%	26K	25.40K
Class A Common Stock Direct	7/10/2025	S · Sale	−1.12K	$419.40	$470.98K	4.4%	25.40K	24.28K
Class A Common Stock Direct	7/10/2025	S · Sale	−7.09K	$420.40	$2.98M	29.2%	24.28K	17.19K
Class A Common Stock Direct	7/10/2025	S · Sale	−4.04K	$421.43	$1.70M	23.5%	17.19K	13.14K
Class A Common Stock Direct	7/10/2025	S · Sale	−418.00	$422.14	$176.45K	3.2%	13.14K	12.73K
Total			+0.00		-$19.58M

Derivative Transactions3

Employee Stock Option (Right to buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

20K shares

−20K

Strike price

40.46

Held after

180K

Exercisable

—

7/9/2025

Employee Stock Option (Right to buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

12.50K shares

−12.50K

Strike price

17.5

Held after

100K

Exercisable

—

7/9/2025

Employee Stock Option (Right to buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

20K shares

−20K

Strike price

40.46

Held after

160K

Exercisable

—

7/10/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to buy) Direct	Class A Common Stock20K shares	7/9/2025	M · Option Exercise	−20K	40.46	—	180K
Employee Stock Option (Right to buy) Direct	Class A Common Stock12.50K shares	7/9/2025	M · Option Exercise	−12.50K	17.5	—	100K
Employee Stock Option (Right to buy) Direct	Class A Common Stock20K shares	7/10/2025	M · Option Exercise	−20K	40.46	—	160K

Non-Derivative Holdings (Post-Transaction)2

Series A Perpetual Strife Preferred Stock

Direct

Shares owned500.00

Series A Perpetual Stride Preferred Stock

Direct

Shares owned3.53K

Total

4.03K direct4.03K

Security Title	Shares Owned	Ownership Type
Series A Perpetual Strife Preferred Stock	500.00	Direct
Series A Perpetual Stride Preferred Stock	3.53K	Direct
Total	4.03K	4.03K direct

Derivative Holdings (Post-Transaction)0

No derivative holdings reported