Transactions
35
Insider / Strategy Inc
Le Phong
President & CEO at Strategy Inc
- Company
- Strategy Inc
- Ticker
- MSTR
- First filing on record
- January 9, 2026
- Latest trade on record
- June 22, 2026
- SEC filings
- EDGAR ↗
Le Phong, President & CEO at Strategy Inc, has disclosed 35 transactions in MSTR since January 9, 2026: 5 purchases (5 open-market buys) and 19 sales, worth about $13.8M at the reported prices. The latest was filed June 22, 2026, 0 days after the trade.
Open-market buys
5
Sales
19
Avg. disclosure lag
1.1d
Trading in charts
Trade timeline
When does this person trade, how big, and in which direction? Every trade in the last 12 months.
Bought (above the line)Sold (below the line)Other transaction
In the last 12 months Le Phong made 5 purchases worth $1.3M and 19 sales worth $13M, plus 11 other transactions. Dot size is the dollar amount.
Portfolio mix
Which stocks does this person trade most? Tile size is dollars traded, all time on record.
Le Phong has traded 1 stock on record; the largest by dollars is MSTR.
Reporting lag
Does this person report on time? One bar per filing against the Form 4 deadline.
On timeLate
0 of 9 filings on record were reported after the Form 4 deadline (two business days, counted here as 4 calendar days).
What kind of transactions
Most Form 4 rows are pay arriving or tax being withheld, not a decision to buy or sell. Only code P is an open-market purchase and code S an open-market sale. What each code means: Form 4 transaction codes.
| Code | Meaning | Rows | Shares | Value |
|---|---|---|---|---|
| S | Open-market sale | 19 | 104,593 | $12.5M |
| M | Option exercise or conversion | 8 | 428,906 | — |
| P | Open-market purchase | 5 | 13,576 | $1.3M |
| A | Grant or award | 3 | 83,611 | — |
| Year | Rows | Bought | Sold |
|---|---|---|---|
| 2026 | 35 | 5 · $1.3M | 19 · $12.5M |
Transactions
| Security | Side | Trade date | Disclosed | Lag | Shares | Price | Value | Flags | Source | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | Buy P | June 22, 2026 | June 22, 2026 | 0d | 11,000 | $91 | $999K | indirect | Form 4 ↗ | |
| MSTR | Option / conversion M | June 8, 2026 | June 9, 2026 | 1d | 11,920 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| MSTR | Sell S | June 9, 2026 | June 9, 2026 | 0d | 55 | $125 | $6,868 | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 9, 2026 | June 9, 2026 | 0d | 2,579 | $124 | $321K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 9, 2026 | June 9, 2026 | 0d | 2,888 | $123 | $356K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Option / conversion M | June 8, 2026 | June 9, 2026 | 1d | 11,920 | — | — | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Option / conversion M | June 3, 2026 | June 5, 2026 | 2d | 190,740 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 273 | $125 | $34K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 5,144 | $124 | $639K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 3,743 | $123 | $462K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 5,882 | $123 | $721K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 1,171 | $122 | $142K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 3,858 | $120 | $464K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 16,303 | $120 | $1.9M | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 15,954 | $119 | $1.9M | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 15,892 | $118 | $1.9M | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 13,149 | $117 | $1.5M | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 10,719 | $115 | $1.2M | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | June 5, 2026 | June 5, 2026 | 0d | 1,650 | $115 | $189K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Option / conversion M | June 3, 2026 | June 5, 2026 | 2d | 190,740 | — | — | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Buy P | May 22, 2026 | May 26, 2026 | 4d | 5 | $99 | $497 | indirect | Form 4 ↗ | |
| MSTR | Buy P | May 22, 2026 | May 26, 2026 | 4d | 50 | $99 | $4,971 | indirect | Form 4 ↗ | |
| MSTR | Option / conversion M | March 23, 2026 | March 25, 2026 | 2d | 7,320 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| MSTR | Sell S | March 24, 2026 | March 25, 2026 | 1d | 136 | $139 | $19K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | March 24, 2026 | March 25, 2026 | 1d | 1,410 | $139 | $196K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Sell S | March 24, 2026 | March 25, 2026 | 1d | 1,753 | $138 | $241K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Option / conversion M | March 23, 2026 | March 25, 2026 | 2d | 7,320 | — | — | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Buy P | March 19, 2026 | March 23, 2026 | 4d | 2,509 | $100 | $250K | Form 4 ↗ | ||
| MSTR | Other A | March 17, 2026 | March 19, 2026 | 2d | 20,911 | — | — | derivative | Form 4 ↗ | |
| MSTR | Other A | March 17, 2026 | March 19, 2026 | 2d | 36,595 | — | — | derivative | Form 4 ↗ | |
| MSTR | Other A | March 17, 2026 | March 19, 2026 | 2d | 26,105 | — | — | derivative | Form 4 ↗ | |
| MSTR | Option / conversion M | March 11, 2026 | March 13, 2026 | 2d | 4,473 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| MSTR | Sell S | March 12, 2026 | March 13, 2026 | 1d | 2,034 | $137 | $279K | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Option / conversion M | March 11, 2026 | March 13, 2026 | 2d | 4,473 | — | — | 10b5-1 plan | Form 4 ↗ | |
| MSTR | Buy P | January 8, 2026 | January 9, 2026 | 1d | 12 | $100 | $1,200 | indirect | Form 4 ↗ |
Filings
| Filed | Form | Accession | Rows | Status | Source |
|---|---|---|---|---|---|
| June 22, 2026 | Form 4 | 0001651669-26-000010 | 1 | published | EDGAR ↗ |
| June 9, 2026 | Form 4 | 0001651669-26-000007 | 5 | published | EDGAR ↗ |
| June 5, 2026 | Form 4 | 0001651669-26-000005 | 14 | published | EDGAR ↗ |
| May 26, 2026 | Form 4 | 0001651669-26-000003 | 2 | published | EDGAR ↗ |
| March 25, 2026 | Form 4 | 0001193125-26-124637 | 5 | published | EDGAR ↗ |
| March 23, 2026 | Form 4 | 0001193125-26-119680 | 1 | published | EDGAR ↗ |
| March 19, 2026 | Form 4 | 0001193125-26-116268 | 3 | published | EDGAR ↗ |
| March 13, 2026 | Form 4 | 0001193125-26-106108 | 3 | published | EDGAR ↗ |
| January 9, 2026 | Form 4 | 0001193125-26-009023 | 1 | published | EDGAR ↗ |
Other insiders at Strategy Inc
- Patten Jarrod M Director 187 rows
- Shao Wei-Ming EVP & General Counsel 48 rows
- Kang Andrew EVP & CFO 34 rows
- Montgomery Jeanine VP & CAO 17 rows
- Dietze Jane A Director 8 rows
- BROOKS BRIAN P Director 6 rows
- Chow Thomas C. EVP & General Counsel 6 rows
- WINIARSKI GREGG Director 6 rows
- RICKERTSEN CARL J Director 5 rows
- GRAHAM STEPHEN X Director 4 rows
Everyone on file, with contracts and lobbying under the company's name: Strategy Inc.
Guides for this page
- What is SEC Form 4? Who files: officers, directors and owners of more than 10% of a class of the company's shares.
- Form 4 transaction codes P = purchase. S = sale. These are the two market trades.
- Insider buying vs insider selling Selling outweighs buying by a wide margin in normal times.
- Rule 10b5-1 trading plans The plan must be set up when the insider has no important non-public information.
- Options and derivatives on Form 4 Table I = shares. Table II = options and other derivatives.
Sources and method
| Source | Filings | Rows | First filed | Newest filed | Read the originals |
|---|---|---|---|---|---|
| SEC EDGAR, Form 4 | 9 | 35 | January 9, 2026 | June 22, 2026 | Form 4 list on EDGAR |
Site built November 12, 2026. Every row in the tables above links to its own filing. To quote a figure, use the Cite button at the top of the page; see how to cite and reuse.
Every row comes from the reporting owner's Form 4 as filed with the SEC (EDGAR ownership XML), read daily. "Value" is shares × the reported price; code P is an open-market purchase, S a sale, M an option exercise, A a grant. The lag is the filing date minus the trade date; Form 4 is due within two business days. Amendments (4/A) are not merged. Details on the methodology page; report an error on corrections.
Not investment advice. Figures are public disclosures shown as filed; they may lag the trade and may be amended later. No recommendation is made or implied.