Summary by Futu AI
MicroStrategy's Jarrod M. Patten exercised options to acquire 497 shares of the company's Class A Common Stock on May 31, 2024. The transaction was reported as a direct holding, signifying a direct ownership interest in the shares. Following the transaction, Patten's total direct holdings in the company amount to 497 shares. The action, classified under the transaction code 'M', indicates the exercise or conversion of derivative security. This financial activity is part of the insider trading disclosures that companies are required to report.