Montgomery Jeanine 4

What Happened

• Jeanine Montgomery, Vice President & Chief Accounting Officer of Strategy Inc (MSTR), had 787 restricted stock units (RSUs) vest on March 11, 2026 and converted them into shares. Following the vesting, she sold 260 shares in an open-market transaction on March 12, 2026 at $137.25 per share, yielding $35,686. The filing also reports a zero-dollar disposition related to the RSU conversion (standard for share issuance/withholding).

Key Details

• Transaction dates and prices:
  • Mar 11, 2026 — 787 RSUs vested/converted to shares (reported as an exercise/conversion; acquisition recorded).
  • Mar 12, 2026 — Open market sale of 260 shares at $137.25 each, proceeds $35,686.
  • Mar 11, 2026 — A zero-dollar disposition of 787 shares was recorded in connection with the conversion (derivative-related).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Each RSU converts to one share of Strategy class A common stock.
  • F2: Holdings include 73 shares acquired under the Strategy Employee Stock Purchase Plan on Feb 27, 2026.
  • F3: The Mar 12 sale was effected under a Rule 10b5-1 instruction to satisfy the reporting person’s tax withholding obligation upon vesting.
  • F4: Remaining 2,361 RSUs will vest in equal annual installments (787 each on Mar 11, 2027/2028/2029).
• Filing was submitted on Mar 13, 2026 for transactions occurring Mar 11–12, 2026 — this appears to be timely.

Context

• This was primarily an RSU vesting event followed by a partial sale; the open-market sale under a pre-existing 10b5-1 plan was used to satisfy tax withholding rather than necessarily signaling a change in sentiment. Conversions of RSUs to shares and subsequent limited sales to cover taxes are routine for executives.