Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 629

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9B
Chunk 629
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2024 Cash Bonus Determinations for Certain Executive Officers

On February 17, 2025, the Company’s Compensation Committee determined cash bonus awards for the following executive officers of the Company in the amounts set forth opposite their names, with respect to their performance in 2024:

    Phong Le
     
    $
    880,000

    President & Chief Executive Officer

    Andrew Kang
     
    $
    550,000

    Executive Vice President & Chief Financial Officer

    W. Ming Shao
     
    $
    550,000

66

    Executive Vice President & General Counsel

The Company’s Compensation Committee determined the foregoing awards based on its subjective evaluation of the performance of these executive officers in the context of general economic and industry conditions and Company performance during 2024.

Salary Determinations for Certain Executive Officers

On February 17, 2025, the Company’s Compensation Committee approved the annual salaries of the following executive officers of the Company, in the amounts set forth opposite their names, effective January 1, 2025:

    Michael SaylorExecutive Chairman
     
    $
    1

    Phong Le
     
    $
    1,100,000

    Andrew Kang
     
    $
    700,000

    W. Ming Shao
     
    $
    700,000

Annual Discretionary Cash Bonus Targets for Certain Executive Officers

On February 17, 2025, the Company’s Compensation Committee established an annual discretionary cash bonus target for 2025 for the following executive officers of the Company in the amounts set forth opposite their names:

    Phong Le
     
    $
    1,300,000

    Andrew Kang
     
    $
    600,000

    W. Ming Shao
     
    $
    500,000

Awards pursuant to the foregoing discretionary cash bonus target will be determined by the Company’s Compensation Committee based on its subjective evaluation of the performance of each of the executive officers in the context of general economic and industry conditions and the Company’s performance and achievement of its operational objectives during the year.

Rule 10b5-1 Information

None of our directors or officers adopted or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the fourth quarter of 2024.