Chow Thomas C. 4
4 · Strategy Inc · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Strategy Inc (MSTR) EVP Thomas C. Chow Receives Award of 4,481 PSUs
What Happened Thomas C. Chow, EVP & General Counsel of Strategy Inc (MSTR), was awarded 4,481 performance stock units (PSUs) on March 17, 2026. The grant is reported as an award/derivative (code A) at $0.00 — there was no cash purchase or sale. These PSUs are contingent rights to receive shares subject to performance and service conditions.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (appears timely).
- Grant: 4,481 performance stock units (PSUs); reported acquisition price $0.00 (derivative award).
- Shares owned following the transaction: not specified in the filing.
- Footnote (F1): Each PSU is a contingent right to receive between 0% and 200% of the target units based on Strategy’s relative total shareholder return (TSR) versus the Nasdaq Composite Index over a three‑year performance period (Mar 17, 2026–Mar 16, 2029). Vesting requires Compensation Committee certification and continued service through the performance period end.
- Transaction code: A = award/grant of derivative securities (not an open‑market buy or sell).
Context PSUs are performance‑based compensation — they do not immediately convert into shares or cash and their ultimate payout depends on multi‑year performance and service conditions. This award is a routine executive compensation grant and does not by itself indicate an immediate buy or sell of stock. If the PSUs vest in the future, they would typically convert into shares (or cash) subject to tax and any plan rules.
Insider Transaction Report
- Award
Performance Stock Units
[F1]2026-03-17+4,481→ 4,481 total→ Class A Common Stock (4,481 underlying)
Footnotes (1)
- [F1]Each performance stock unit ("PSU") represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return ("TSR") as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 17, 2026 to March 16, 2029). Vesting is subject to certification by Strategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.