# EDGAR Filing Document

**Accession Number:** 0001050446
**File Stem:** 0001309191-26-000022
**Filing Date:** 2026-6
**Character Count:** 9437
**Document Hash:** ab82cd0c2e857638d09249e38b2349c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001309191-26-000022.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001309191-26-000022

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260528

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Patten Jarrod M
- **CENTRAL INDEX KEY:** 0001309191

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42509
- **FILM NUMBER:** 261052709

**MAIL ADDRESS:**
- **STREET 1:** STRATEGY INCORPORATED
- **STREET 2:** 1850 TOWERS CRESCENT PLAZA
- **CITY:** TYSONS CORNER
- **STATE:** VA
- **ZIP:** 22182
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Strategy Inc
- **CENTRAL INDEX KEY:** 0001050446
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 510323571
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**BUSINESS ADDRESS:**
- **STREET 1:** 1850 TOWERS CRESCENT PLAZA
- **CITY:** TYSONS CORNER
- **STATE:** VA
- **ZIP:** 22182
- **BUSINESS PHONE:** 703-848-8600

**MAIL ADDRESS:**
- **STREET 1:** 1850 TOWERS CRESCENT PLAZA
- **CITY:** TYSONS CORNER
- **STATE:** VA
- **ZIP:** 22182

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MICROSTRATEGY Inc
- **DATE OF NAME CHANGE:** 20180821

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MICROSTRATEGY INC
- **DATE OF NAME CHANGE:** 19971126

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Patten Jarrod M<br><sub>(Last) (First) (Middle)</sub><br>C/O STRATEGY INC<br>1850 TOWERS CRESCENT PLAZA<br><sub>(Street)</sub><br>TYSONS CORNER, VA 22182<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-05-28 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Strategy Inc [ MSTR ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2026-05-28 |  | M |  | 7250 | A | $18.654 | 35250 | D |  |
| Class A Common Stock | 2026-05-28 |  | S |  | 3250 | D | 145.563<sup>(1)</sup> | 32000 | D |  |
| Class A Common Stock | 2026-05-28 |  | S |  | 1000 | D | $147 | 31000 | D |  |
| Class A Common Stock | 2026-05-28 |  | S |  | 1000 | D | $149 | 30000 | D |  |
| Class A Common Stock | 2026-05-28 |  | S |  | 1000 | D | $150 | 29000 | D |  |
| Class A Common Stock | 2026-05-28 |  | S |  | 1000 | D | $152 | 28000 | D |  |
| Class A Common Stock | 2026-05-29 |  | M |  | 10800 | A | $18.654 | 38800 | D |  |
| Class A Common Stock | 2026-05-29 |  | S |  | 4250 | D | 150.855<sup>(2)</sup> | 34550 | D |  |
| Class A Common Stock | 2026-05-29 |  | S |  | 550 | D | $155 | 34000 | D |  |
| Class A Common Stock | 2026-05-29 |  | S |  | 2000 | D | $152 | 32000 | D |  |
| Class A Common Stock | 2026-05-29 |  | S |  | 2000 | D | $153 | 30000 | D |  |
| Class A Common Stock | 2026-05-29 |  | S |  | 2000 | D | $154 | 28000 | D |  |
| Class A Common Stock | 2026-05-29 |  | M |  | 4250 | A | $18.236 | 32250 | D |  |
| Class A Common Stock | 2026-05-29 |  | S |  | 4250 | D | 161.748<sup>(3)</sup> | 28000 | D |  |
| Series A Perpetual Strife Preferred Stock |  |  |  |  |  |  |  | 10000 | D |  |
| Series A Perpetual Stretch Preferred Stock |  |  |  |  |  |  |  | 29335 | D |  |
| Series A Perpetual Stride Preferred Stock |  |  |  |  |  |  |  | 5000 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Director Stock Option (Right to buy) | $18.654 | 2026-05-28 |  | M |  |  | 7250 | <sup>(4)</sup> | 2026-05-31 | Class A Common Stock | 7250 | $0 | 10800 | D |  |
| Director Stock Option (Right to buy) | $18.654 | 2026-05-29 |  | M |  |  | 10800 | <sup>(5)</sup> | 2026-05-31 | Class A Common Stock | 10800 | $0 | 0 | D |  |
| Director Stock Option (Right to buy) | $18.236 | 2026-05-29 |  | M |  |  | 4250 | <sup>(6)</sup> | 2027-05-31 | Class A Common Stock | 4250 | $0 | 45750 | D |  |

---

### Footnotes:

(1) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.280 to $146.200, inclusive. The reporting person undertakes to provide to Strategy Inc ("Strategy"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

(2) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.620 to $151.120, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

(3) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.610 to $162.000, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

(4) Of the shared exercised on May 28, 2026 pursuant to this option, 5,550 shares vested on May 31, 2019 and 1,700 shares vested on May 31, 2020. The remaining 10,800 shares vested on May 31, 2020.

(5) The 10,800 shares exercised on May 29, 2026 pursuant to this option vested on May 31, 2020.

(6) The 4,250 shares exercised on May 29, 2026 pursuant to this option vested on May 31, 2018. Of the remaining 45,750 shares pursuant to this option, 8,250 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, 12,500 shares vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.

**Signature:** /s/ Allein Sabel, Attorney-in-Fact  
**Date:** 2026-06-01

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**