Strategy EVP Shao Wei-Ming Sells 2,600 MSTR Shares for $581K

Strategy Inc.’s Executive Vice President and General Counsel, Shao Wei-Ming. He has sold another batch of company stock as part of his ongoing pre-scheduled trading plan. The latest sale involved 2,600 shares of MSTR, bringing in $581,535 at an average price of $223.67. The transaction was disclosed through an SEC Form 4 filing submitted on November 14. It continues a broader pattern of structured sales ahead of Shao’s planned retirement.

New Filing Shows Latest 2,600 Share Sale

The most recent sale adds to Shao Wei-Ming’s steady offloading of restricted shares throughout 2025. According to BitcoinTreasuries’ alert and SEC records, he disposed of 2,600 shares at $223.67 each. The sale aligns with his Rule 10b5-1 trading plan. Which allows insiders to sell shares on a fixed schedule to avoid concerns around trading on material non-public information.

Shao has been part of Strategy’s leadership during one of its most aggressive Bitcoin accumulation periods. However, his Form 4 filings show he has been gradually reducing his personal exposure to the stock through controlled and orderly transactions.

Shao Sold 10,668 Shares Earlier This Week

This sale follows a much larger set of transactions reported for November 10 and 11. SEC filings show Shao Wei-Ming exercised stock options at $69.12 per share. Then sold 10,668 shares across five trades, generating about $2.58 million in proceeds. Those shares were sold at prices between $234.74 and $249.55. The timing reflects declining market conditions for MSTR. 

This has been under pressure as Bitcoin traded sideways and valuations across the sector softened. The filing also confirms that after these transactions, Shao directly holds 12,726 Class A shares. Along with multiple series of preferred stock. He still owns a sizable position. But his continued sales suggest a structured wind-down of holdings ahead of retirement.

Earlier 2025 Sales Total Tens of Millions

Shao Wei-Ming’s selling activity in 2025 has been significant. In July, he sold 52,500 shares across two days, worth more than $21 million. Then in October, he sold another 30,000 shares for roughly $10.7 million. Each of these sales also occurred under his pre-established trading plan. The consistency of these trades indicates a long-term exit process rather than reactive selling. Insider trading plans like these are common for executives preparing to step down. The filings confirm that Shao’s plan was structured well before his retirement announcement.

MSTR Stock Hits New 52-Week Low

The market backdrop adds another layer to the story. MSTR shares closed at $208.54 on November 13, down more than 7% for the day. The stock also touched a new 52-week low of $207.03 during the session. Strategy remains one of the largest corporate holders of Bitcoin. Its stock often reacts sharply to market sentiment in the crypto sector. 

With Bitcoin showing mixed momentum in recent weeks. Investors have become more cautious, pulling MSTR lower. Despite the volatility, Strategy continues expanding its Bitcoin-based business model. Shao Wei-Ming’s orderly share sales, though large, appear tied strictly to personal planning. Rather than company performance.