Insider Cluster (2 insiders) ·Filed May 21, 2026

MSTR

Strategy Inc
NEUTRAL
Impact 2/10
Horizonimmediate Processed4mo ago
Insider cluster: 2 insiders, $283K total
Actionable Insight • Neutral

Insider selling at these negligible levels does not warrant a trading action. Continue monitoring for larger or more concentrated insider sales or purchases that exceed 0.1% of market cap.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
MSTR ▼ -42.14% at T+60d
NEUTRAL call ✗ call lost -42.14% · α vs SPY -45.33% · entry $159.89 → $92.52
Entry anchored
May 21, 04:59 PM ET
via exchange tick
T+1d
+0.03%
call +0.03% · α -0.56%
$159.93
settled 4mo ago
T+5d
-6.32%
call -6.32% · α -8.00%
$149.78
settled 4mo ago
T+20d
-33.42%
call -33.42% · α -32.00%
$106.46
settled 3mo ago
T+60d
-42.14%
call -42.14% · α -45.33%
$92.52
settled 6w ago

Price Chart

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Executive Summary

Two MSTR insiders (a director and the CFO) sold a combined $283K in open-market sales over a 7-day window. The total represents a trivial 0.0005% of the company's $58.1B market cap, indicating routine portfolio management rather than a material signal.

Key Financial Metrics

Direction
selling
Total Value
$283.0K
Insiders
2

Key Facts

  • Director Jarrod Patten sold 1,000 shares for $190K on 2026-05-14.
  • EVP/CFO Andrew Kang sold 565 shares for $93K on 2026-05-19.
  • Andrew Kang also exercised 25,000 derivative shares at $0 (non-cash) on 2026-05-18.
  • Total open-market sales of $283K represent ~0.0005% of MSTR's $58.1B market cap.
  • No pattern of 10b5-1 or routine selling is evident from the data.

Financial Impact

Trivial — $283K in insider sales vs. $58.1B market cap

Risk Factors

  • Low risk associated with this insider activity given its immaterial size.

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services
Analyst Consensus
88% bullish (25 analysts)

Investment Themes

Crypto & Blockchain

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-MSTR-1779401106625
34 reports for MSTR
Performance horizon
86% Hit rate 6 of 7 directional calls best @ T+60▲ +17.41%Mar 24, 2026
Filters
Rows
Reports for MSTR — sortable, filterable
TypeNow
Sep 14, 2026
18d ago
8-K
NEUTRAL ★ 3/10
$136.94 $168.50▲ +23.05%▲ +22.94%$169.71 (+23.93%)
Sep 1, 2026
4w ago
8-K
NEUTRAL ★ 3/10
$124.88 $132.70▲ +6.26%▲ +6.18%$169.71 (+35.90%)
Aug 31, 2026
4w ago
8-K
NEUTRAL ★ 4/10
$132.94 $136.52▲ +2.69%▲ +2.83%$169.71 (+27.66%)
Aug 24, 2026
5w ago
8-K
NEUTRAL ★ 4/10
$122.63 $132.94▲ +8.41%▲ +7.94%$169.71 (+38.39%)
Aug 17, 2026
6w ago
8-K
NEUTRAL ★ 4/10
$97.68 $122.63▲ +25.54%▲ +26.73%$169.71 (+73.74%)
Aug 10, 2026
7w ago
8-K
NEUTRAL ★ 3/10
$97.33 $97.68▲ +0.36%▲ +0.41%$169.71 (+74.37%)
Aug 3, 2026
8w ago
8-K
NEUTRAL ★ 3/10
$94.86 $97.33▲ +2.60%▲ +0.58%$169.71 (+78.91%)
Jul 30, 2026
9w ago
8-K
BEARISH ★ 7/10
$93.28 $100.01▼ −7.21%▼ −3.70%$169.71 (−81.94%)
Jul 27, 2026
9w ago
8-K
NEUTRAL ★ 3/10
$98.65 $93.28▼ −5.44%▼ −6.52%$169.71 (+72.03%)
Jul 20, 2026
10w ago
8-K
NEUTRAL ★ 2/10
$97.82 $91.67▼ −6.29%▼ −5.86%$169.71 (+73.49%)
Showing 10 of 34

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Report published May 21, 2026