Summary by Futu AI
MicroStrategy Director Jarrod Michael Patten is set to sell 1,425 shares of common stock on 03/20/2024, as per the latest filing. The shares, valued at an aggregate market price of approximately $2,064,985.99, were acquired on the same day through the exercise of stock options, with payment made in cash. This transaction follows a series of sales over the past three months, where Patten sold a total of 15,100 shares, generating gross proceeds of around $13,028,691.73. The consistent selling activity could be of interest to investors monitoring insider transactions for signs of the company's financial health and future prospects.