Patten Jarrod M

Patten Jarrod M has filed 96 Form 4 transactions, all in a single company: MicroStrategy (MSTR). The overall pattern is heavily skewed toward selling. Over the period covered by the filings, total open-market sales reached $7,486,407.85, against open-market purchases of $2,816,253.88. That leaves a net selling bias of roughly $4.67 million. There were no recent open-market buys; the last 13 trades were all sales or option exercises. The recent activity, spanning late July through early October 2026, shows a consistent rhythm of option exercises paired with same-day sales. On October 9, Patten sold MSTR shares worth $69,511.50 and exercised options valued at $24,618.60. Two days earlier, on October 8, he sold $68,400 and $143,013 in two separate transactions, with an option exercise of $25,530.40. The pattern repeats through September and August: sales on September 22 ($81,225), September 21 ($78,842.40), August 27 ($119,325), and August 25 ($114,700), each accompanied by option exercises of smaller value. The largest single sale in the recent window was $197,925 on August 7, paired with a $35,560.20 exercise. Other notable sales include $192,036 on July 27 and $180,287.25 on July 24. The exercise values are consistently a fraction of the sale values, which is typical of a sell-to-cover or cash-out strategy. The August 25 filing also included an option exercise valued at $0, indicating a conversion with no cash outlay. The data shows no open-market purchases in the recent period, and the sales are frequent, regular, and modest in size, ranging from roughly $68,000 to $198,000 each.