Summary by Moomoo AI
MicroStrategy's President & CEO, Le Phong, completed a series of transactions involving the company's Class A Common Stock on August 22, 2024. Phong executed a sale of 50,000 shares in total, which were sold at prices ranging from $137.13 to $140.44 per share, resulting in a total market value of approximately $6.91 million. Following these transactions, Phong's direct holdings in MicroStrategy decreased to 12,670 shares. The sales were conducted on the open market and are part of the normal course of investment management for the executive.