Company: MSTR
Filing Date: 2025-01-23
Form Type: 8-K
Source: 0001193125-25-011455
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Company: Strategy Inc
Filing Date: 2025-01-23
Form: 8-K
Item: Item 5.02
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Item 5.02.      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

On January 21, 2025, the stockholders of MicroStrategy Incorporated (the “ Company”) approved an amendment (the “2024 Plan Amendment”) to the MicroStrategy Incorporated 2023 Equity Incentive Plan (the “ Original Plan” and, such plan, as amended by the 2024 Plan Amendment, the “ Amended Plan”) at the Company’s 2025 Special Meeting of Stockholders (the “ Special Meeting”). The 2024 Plan Amendment had been previously adopted by the Board of Directors of the Company (the “ Board”), subject to stockholder approval, on December 20, 2024. The 2024 Plan Amendment amended the Original Plan to provide that, beginning on December 20, 2024, each non-employeedirector who is newly appointed to the Board shall automatically receive, upon the date of such director’s initial appointment to the Board, equity awards having an aggregate fair value equal to $2,000,000, one-halfof which ($1,000,000) will consist of a non-statutorystock option and one-halfof which ($1,000,000) will consist of restricted stock units, with each award vesting annually in equal installments over four years. No other amendments were made to the Original Plan.

A more detailed description of the 2024 Plan Amendment and the Amended Plan is contained on pages 13 to 24 of the Company’s definitive proxy statement on Schedule 14A (the “ Proxy Statement”), which was filed with the Securities and Exchange Commission on January 3, 2025, and incorporated herein by reference. A complete copy of the Amended Plan is included as Appendix D to the Proxy Statement and is also incorporated herein by reference.