MSTR Strategy Inc

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 1, 2026 Processed 5d ago
Insider cluster: 2 insiders, $478K total
Latest settled — T+1d
MSTR ▼ -7.01% at T+1d
NEUTRAL call ✗ call lost -7.01% · α vs SPY -6.31% · entry $136.08 → $126.55
Next anchor: T+5d tomorrow
Currently $120.44 · -11.49% from $136.08 entry
Entry anchored
Jun 1, 04:54 PM ET
via Databento tick
T+1d
-7.01%
call -7.01% · α -6.31%
$126.55
settled 4d ago
T+5d
call — · α —
tomorrow
T+20d
call — · α —
in 24d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Director Patten Jarrod executed a series of derivative exercises and open-market sales totaling ~$1.32M over a 7-day window, while CEO Phong Le made a nominal $5K purchase. The cluster is dominated by a single director's sales, which are likely liquidity-driven following option exercises, and the total dollar value is trivial relative to MSTR's $55.8B market cap. The historical calibration shows low win rates for directional calls on this ticker, and the cross-filing actuarial verdicts are all amplifiers but do not change the fundamental triviality of the dollar amounts.

Key Financial Metrics

Direction
mixed
Total Value
$1.3M
Insiders
2

Actionable Insight

No actionable signal from this insider cluster. Director Patten's sales follow a standard exercise-and-sell pattern with no informational content. CEO Le's $5K buy is too small to be meaningful. Monitor for any material corporate events (e.g., Bitcoin acquisition, ATM offering) that could move the stock, but this filing provides no edge.

Key Facts

  • Director Patten Jarrod sold 8,750 shares on open market for ~$1.32M total across three trading days (May 26, 28, 29), all preceded by derivative exercises at $0 or $18.654.
  • CEO Phong Le bought 50 shares for ~$5K on May 22 — a de minimis amount.
  • Total open-market sales value ($1.32M) represents ~0.002% of MSTR's $55.8B market cap, well below the 0.1% materiality threshold.
  • The cluster is effectively a single insider's routine option-exercise-and-sell pattern, not a coordinated bearish signal.

Financial Impact

Total insider sales of ~$1.32M represent 0.002% of market cap — economically trivial.

dilution

Risk Factors

  • Director Patten may continue selling additional exercised shares in future windows, but this is routine and not predictive.
  • The historical calibration shows a -2.60% net alpha at T+20 for this filing segment, suggesting directional calls on MSTR tend to underperform — consistent with a neutral stance.

Market Snapshot

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

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-MSTR-1780350712135
12 reports for MSTR
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +16.19%Feb 28, 2026
Filters
Rows
Reports for MSTR — sortable, filterable
Type Now
Jun 6, 2026
today
Insider Cluster
NEUTRAL ★ 3/10
awaiting T+1
Jun 1, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$136.08 $126.55▼ −7.01%▼ −6.31%$120.44 (−11.49%)
May 28, 2026
9d ago
Insider Cluster
NEUTRAL ★ 2/10
$159.09 $149.78▼ −5.85%▼ −6.13%$120.44 (−24.29%)
May 26, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$154.20 $151.64▼ −1.66%▼ −2.21%$120.44 (−21.89%)
May 22, 2026
15d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
May 21, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$159.89 $159.93▲ +0.03%▼ −0.56%$120.44 (−24.67%)
May 21, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
Mar 24, 2026
10w ago
Insider Cluster
BEARISH ★ 7/10
$136.25 $139.13▼ −2.11%▼ −1.55%$120.44 (+11.60%)
Mar 24, 2026
10w ago
Insider Cluster
BEARISH ★ 6/10
$136.25 $139.13▼ −2.11%▼ −1.55%$120.44 (+11.60%)
Mar 12, 2026
12w ago
Insider Cluster
BULLISH ★ 6/10
$137.34 $139.67▲ +1.70%▲ +2.29%$120.44 (−12.31%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (14h 56m)

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