Summary by Futu AI
MicroStrategy Officer Michael J. Saylor is set to sell 95,000 shares of common stock, with an aggregate market value of approximately $155.42 million, on April 1, 2024. The shares to be sold were acquired through a combination of stock option exercises and awards, with the most recent acquisition of 5,000 shares on the same date as the planned sale, paid for in cash. The remaining 90,000 shares were obtained on April 30, 2014, as a stock option award. Over the past three months, Saylor has sold a total of 305,000 shares, generating gross proceeds of nearly $272.75 million. The notice for the upcoming sale was filed on April 1, 2024, with the plan for the transaction having been adopted on September 19, 2023.