MSTR Strategy Inc

BULLISH Impact: 6/10 Insider Cluster (5 insiders)
Horizon weeks Filed Mar 12, 2026 Processed 2mo ago
Insider cluster: 3 insiders, $0.4M total
Final — all horizons settled through T+60d
MSTR ▼ -12.31% at T+60d
LONG call ✗ call lost -12.31% · α vs SPY -23.00% · entry $137.34 → $120.44
Currently $117.02 · -14.80% from $137.34 entry
Entry anchored
Mar 11, 07:26 PM ET
via Databento tick
T+1d
+1.70%
call +1.70% · α +2.29%
$139.67
settled 3mo ago
T+5d
+0.66%
call +0.66% · α +1.63%
$138.24
settled 3mo ago
T+20d
-6.33%
call -6.33% · α -8.31%
$128.64
settled 2mo ago
T+60d
-12.31%
call -12.31% · α -23.00%
$120.44
settled 5d ago

Price Chart

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Executive Summary

Strategy Inc (MSTR) CEO Le Phong purchased $250K in shares on the open market, signaling confidence. The rest of the insider activity consists of non-cash grant awards totaling 107,642 shares across executives, which are routine and carry no economic value. The open-market buy is the only material transaction.

Key Financial Metrics

Direction
buying
Total Value
$249.9K
Insiders
5

Actionable Insight

The CEO's open-market purchase is a strong signal of confidence, especially given the size relative to typical insider trades. Traders should monitor for follow-up buying and any commentary around corporate strategy or Bitcoin holdings (given MSTR's profile). Watch for next earnings or macro catalysts that could validate this bullish stance.

Key Facts

  • CEO Le Phong purchased 2,509 shares at $99.62 for a total of $249,946.58 in open-market buying on March 19, 2026.
  • All other transactions (8 of 9) were non-cash grant awards (Form 4 code 'A') with $0 value, totaling 107,642 shares issued to executives including CFO Andrew Kang and General Counsel Thomas Chow.
  • The CEO's purchase represents meaningful personal capital commitment at current levels.
  • Total open-market buying in cluster: $249,947; total open-market selling: $0.
  • Cluster occurs amid recent insider net buying trend (30-day: $250K buys, $126K sells).

Financial Impact

$249,947 in open-market buying by CEO; non-cash grants add no financial cost but may dilute shares over time.

insider sentimentshare count (potential future dilution)

Risk Factors

  • Non-cash grants may lead to future share dilution, though standard for equity compensation plans.
  • Single-executive buying, while significant, does not guarantee positive outcomes — sentiment can shift.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

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

DocumentAccession Number
CONTEXT: Insider Cluster Data (9 trades, 7d window)cluster-MSTR-1774296038028
13 reports for MSTR
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +16.19%Feb 28, 2026
Filters
Rows
Reports for MSTR — sortable, filterable
Type Now
Jun 6, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$120.00 awaiting T+1awaiting T+1$117.02 (−2.48%)
Jun 6, 2026
4d ago
Insider Cluster
NEUTRAL ★ 3/10
$124.25 awaiting T+1awaiting T+1$117.02 (−5.82%)
Jun 1, 2026
8d ago
Insider Cluster
NEUTRAL ★ 2/10
$136.08 $126.55▼ −7.01%▼ −6.31%$117.02 (−14.01%)
May 28, 2026
12d ago
Insider Cluster
NEUTRAL ★ 2/10
$159.09 $149.78▼ −5.85%▼ −6.13%$117.02 (−26.44%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 3/10
$154.20 $151.64▼ −1.66%▼ −2.21%$117.02 (−24.11%)
May 22, 2026
19d ago
Insider Cluster
NEUTRAL ★ 2/10
$159.89 $159.93▲ +0.03%▼ −0.56%$117.02 (−26.81%)
May 21, 2026
19d ago
Insider Cluster
NEUTRAL ★ 2/10
$159.89 $159.93▲ +0.03%▼ −0.56%$117.02 (−26.81%)
May 21, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$164.85 $159.89▼ −3.01%▼ −3.45%$117.02 (−29.01%)
Mar 24, 2026
11w ago
Insider Cluster
BEARISH ★ 7/10
$136.25 $139.13▼ −2.11%▼ −1.55%$117.02 (+14.11%)
Mar 24, 2026
11w ago
Insider Cluster
BEARISH ★ 6/10
$136.25 $139.13▼ −2.11%▼ −1.55%$117.02 (+14.11%)
Showing 10 of 13

US Market Status

Market Closed — Opens Thu (10h 8m)

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