Kang Andrew 4/A
4/A · Strategy Inc · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Strategy Inc (MSTR) CFO Andrew Kang Sells 5,597 Shares
What Happened
Andrew Kang, Executive Vice President and Chief Financial Officer of Strategy Inc (MSTR), sold a total of 5,597 shares on May 19, 2026 to satisfy tax withholding tied to previously granted equity awards. The filing lists two reported lots: 565 shares at $163.98 ($92,649) and 5,032 shares at $165.98 ($835,216), for a combined proceeds of about $927,865. This was a sale (not a purchase) and was executed under a Rule 10b5-1 instruction for tax withholding—generally a routine, pre-arranged disposition rather than an ad hoc market trade.
Key Details
- Transaction date: May 19, 2026 (reported on Form 4; original Form 4 filed May 20, 2026; this is an amendment filed May 21, 2026 to correct price reporting).
- Reported sales (per filing): 565 shares @ $163.98 = $92,649; 5,032 shares @ $165.98 = $835,216; total 5,597 shares, ≈ $927,865.
- Amendment and pricing notes: the Form 4/A corrects price reporting from a single price previously reported. The filing states the reported price is a weighted average and that the sales were executed in multiple transactions at prices ranging $165.455–$166.00 (the reporting person offers to provide the per-price breakdown on request).
- Reason: Sale effected pursuant to a Rule 10b5-1 instruction (entered May 2, 2024) to satisfy tax withholding upon vesting of awards (footnote disclosure).
- Shares owned after the transaction: not specified in the excerpt provided.
- Timeliness: original Form 4 was filed May 20, 2026 and this Form 4/A (May 21) corrects pricing—this appears to be an amendment to clarify details rather than a late reporting of the transaction.
Context: These sales were executed under a pre-established 10b5-1 plan to cover tax obligations from vested awards. Such tax-withholding dispositions are common and usually viewed as routine administrative transactions rather than a direct signal about the insider’s view of the company’s stock. If you want the full Form 4 text or the exact per-price breakdown, I can retrieve and summarize it.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-19$163.98/sh−565$92,649→ 38,707 total - Sale
Class A Common Stock
[F1][F2][F3]2026-05-19$165.98/sh−5,032$835,216→ 33,675 total
Footnotes (3)
- [F1]The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 2, 2024 to satisfy the reporting person's tax withholding obligation upon the vesting of previously granted equity awards.
- [F2]This Amendment on Form 4/A (this "Amendment") is being filed to amend the Form 4 originally filed by the reporting person on May 20, 2026 (the "Original Form 4"). The Original Form 4 inadvertently reported that the 5,597 shares sold on May 19, 2026 to satisfy the reporting person's tax withholding obligation upon the vesting of previously granted equity awards were executed at a single price of $165.779. This Amendment is being filed solely to correct the transaction price to reflect that the sales were executed in multiple transactions at multiple prices, and to provide the weighted average sale price and the specific price ranges as set forth in the footnote below. Original Form 4 items otherwise remain unchanged.
- [F3]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.455 to $166.0, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.