01—Abstract
Summary
Summary of the 8-K filed October 28, 2026. Cited figures are marked; the original filing is the authoritative source.
On October 28, 2026, Strategy Inc held a Special Meeting of Stockholders.
Based on preliminary voting results, the requisite vote was obtained from the issued and outstanding shares of common stock as of the September 25, 2026 record date to approve and adopt amended and restated certificates of designations for the company's 10.00%a Series A Perpetual Strife Preferred Stock (STRF), Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), 8.00% Series A Perpetual Strike Preferred Stock (STRK), and 10.00% Series A Perpetual Stride Preferred Stock (STRD). The amendments permit daily dividends. Under the new schedule, these preferred stocks will have a dividend record date on every calendar day, including weekends and market and bank holidays.
The change takes effect November 1, 2026 for STRC and January 1, 2027 for STRF, STRK, and STRD, subject to the filing and effectiveness of the amended certificates. For shares cleared through DTC, a record date falling on a weekend or DTC holiday is deemed by DTC to fall on the preceding non-holiday.
The filing explains that multiple daily dividends can therefore share a single record and ex-dividend date and be paid together, and it notes that treatment may differ for shares not cleared through DTC, for venues other than Nasdaq, and by individual broker policies. The filing is made under Item 8.01 (Other Events) and includes a forward-looking statements disclaimer that refers to risk factors in the company's Quarterly Report on Form 10-Q filed August 3, 2026.
02—Key points
Key Highlights
- Special Meeting held October 28, 2026; preliminary results show the requisite stockholder vote was obtained, based on shares outstanding as of the September 25, 2026 record date.
- Stockholders approved amended and restated certificates of designations for STRF, STRC, STRK, and STRD to permit daily dividends.
- STRC daily dividend schedule is effective November 1, 2026.
- STRF, STRK, and STRD daily dividend schedule is effective January 1, 2027.
- Under the new schedule, each instrument has a dividend record date on every calendar day, including weekends and market and bank holidays.
- For DTC-cleared shares, weekend or DTC-holiday record dates are deemed by DTC to fall on the preceding non-holiday, and consecutive holiday record dates can be paid together on one payment date.
- The company states that investors should consult their brokers, since treatment may vary for non-DTC shares, non-Nasdaq venues, and by broker policy.
03—Questions
Frequently Asked Questions
Has the daily dividend change been finalized?
The stockholder vote was reported as obtained based on preliminary voting results. The new daily dividend schedule is subject to the filing and effectiveness of the amended and restated certificates of designations.
When will daily dividends begin for each security?
Daily dividend record dates take effect November 1, 2026 for STRC and January 1, 2027 for STRF, STRK, and STRD, subject to the filing and effectiveness of the amended certificates.
How will weekend and holiday dividend record dates be handled?
For DTC-cleared shares, a record date on a weekend or DTC holiday is deemed by DTC to fall on the immediately preceding day that is not a DTC holiday. Nasdaq treats the ex-dividend date similarly, so dividends with consecutive holiday record dates share one record date, one ex-dividend date, and one payment date.
How does the T+1 settlement cycle affect buyers and sellers around these dates?
The company gives an example in which dividends with record dates of November 6, 7, and 8, 2026 are all deemed to have a record date of Friday, November 6. Due to T+1 settlement, the company expects that an investor buying on November 6 will receive none of the three dividends, and an investor selling on November 6 will receive all three.
Could entitlement differ depending on where or how shares are held?
Yes. The filing states that entitlement may differ for shares not cleared through DTC or traded on venues other than Nasdaq that offer weekend or holiday trading, and that individual brokers may apply different policies. Investors should consult their brokers.
04—Continue