Briger Peter L JR 4

What Happened

• Peter L. Briger Jr., a director of Strategy Inc (MSTR), was granted equity awards on May 31, 2026. The Form 4 shows (A) grants of: an option covering 1,221 shares (acquired at $0.00) and 943 restricted stock units (RSUs) (acquired at $0.00). These were awards — not purchases or sales — reported as derivative/award transactions.

Key Details

• Transaction date: May 31, 2026; Form 4 filed June 2, 2026 (appears timely).
• Transaction type/code: A = Grant/Award (derivative awards: option and RSUs), both recorded at $0.00 acquisition price.
• Vesting: the option vests as to 1,221 shares on the first anniversary of the grant; the 943 RSUs vest as to 943 shares on the first anniversary (per footnotes).
• RSU mechanics: each RSU is a contingent right to receive one share of Class A common stock upon vesting.
• Shares owned after transaction: Not specified in this Form 4.
• Relevant footnotes: the grants are part of the company’s Equity Incentive Plan which provides automatic annual grants with an aggregate fair value of $300,000 (split evenly between RSUs and options) to each non-employee director; the reporting person disclaims beneficial ownership of certain shares held by an LLC except to the extent of pecuniary interest.

Context

• These entries are grants (not exercises or sales). The option grant gives a future right to acquire shares subject to vesting; the RSUs convert into shares upon vesting. Automatic non-employee director grants are routine compensation and do not by themselves indicate insider buying or selling intent.