Strategy director Jarrod M. Patten sold 4750 shares of MSTR after exercising, approximately 669800 USD
BIBIBI
AT A GLANCE
Strategy director Jarrod M. Patten sold 4750 shares after exercising options, cashing out approximately 669800 USD.
Article
Strategy board member Jarrod M. Patten sold approximately 4750 shares of stock, valued at approximately 669800 USD
PANews November 9 news, Strategy (MSTR) director Jarrod M. Patten exercised stock options on November 4 at a price of 18.236 USD per share, acquiring 4750 shares of Class A common stock, and subsequently sold all of them in five transactions. Each of the five transactions sold 950 shares at prices of 143 USD, 145 USD, 137 USD, 139 USD, and 141 USD per share respectively, with a total sale amount of approximately 669800 USD. After the transactions were completed, Patten still directly holds 28,406 shares of Strategy Class A common stock.
Strategy Director Jarrod M. Patten exercised stock options on November 4 at a price of 18.236 USD per share, acquiring 4750 shares of Class A common stock.
02
Patten subsequently sold all 4750 shares in five transactions, selling 950 shares in each transaction.
03
The five transaction prices are 143 USD, 145 USD, 137 USD, 139 USD, and 141 USD per share, respectively.
04
The total sale amount is approximately 669800 USD.
05
After the transaction was completed, Patten still directly held 28,406 shares of Strategy Class A common stock.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a director stock transaction: Patten first acquired shares by exercising options, then sold all the shares obtained; after the transaction, still holding 28406 shares.
Why it matters to readers
A director's sale of shares may affect market attention to insider trading, but this report alone is insufficient to judge its impact on Strategy's fundamentals.
Exercising options is acquiring shares at an agreed price; insider selling is when company directors sell the shares they hold.
Risks and unknowns
The information comes from a PANews report, and the provided materials do not include the original regulatory filing.
The original text does not specify whether the transaction falls under a pre-established trading plan or other arrangements.
Related Developments
Loading event timeline…
Related concepts
Stock options
This term is not in the glossary yet. Browse related concepts in the glossary.
