Strategy (MSTR) executive compensation, 2026 proxy

Phong Q. Le, President & Chief Executive Officer, was paid $13.8M in 2025, down 12% from $15.7M the year before. The CEO-to-median-employee pay ratio was 168:1, on median employee pay of $82,083.

Filed
April 28, 2026
Annual meeting
June 8, 2026
Pay year
2025
Named executives
5
CEO total pay
$13.8M-12% vs prior year
CEO to median employee
168:1median $82,083
CEO pay in equity
81%$11.2M in awards
CEO Base Salary
$1,100,000For fiscal 2025
CEO Stock Awards
$8,796,864Grant date fair value
CEO Option Awards
$2,376,459Grant date fair value
Median Employee Pay
$82,083Annual total compensation

How Le was paid

$13.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Bonus9%Stock awards64%Option awards17%All other compensation2%

Named executive officers

ExecutiveTotal
Michael J. SaylorChairman of the Board & Executive Chairman$780,732
Phong Q. LePresident & Chief Executive Officer$13,784,204
Andrew KangExecutive Vice President & Chief Financial Officer$5,726,732
Thomas C. ChowExecutive Vice President, General Counsel & Secretary$3,864,010
W. Ming ShaoFormer Executive Vice President, General Counsel & Secretary$4,564,358

What changed and why

  • $13.8MCEO Phong Q. Le received total compensation of $13,784,204 in 2025, representing a decrease from the prior year.
  • $1.1MBase salary for the CEO was set at $1,100,000 for fiscal 2025 alongside a discretionary bonus of $1,235,000.
  • Long-term incentives awarded to executives included stock options, RSUs, and PSUs under the 2023 Equity Plan.
  • Thomas C. Chow joined the company as Executive Vice President, General Counsel & Secretary in December 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.