MSDL · Insider Trading

Morgan Stanley Direct Lending Fund

Every open-market purchase and sale reported by MSDL officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
16
most recent
Open-Market Buys
16
code P
Sales
0
code S
Reporting Insiders
10
current holders
MSDL — Recent Form 4 Transactions (latest 2026-03-05)
FiledInsiderRole TypeSharesValue
2026-03-05 Jeff M. Day Co-President Buy +5,000 +$74.47K
2026-03-03 Orit Mizrachi See Remarks Buy +1,000 +$14.49K
2026-03-03 Michael Occi Jr. Chief Executive Officer Buy +7,000 +$104.10K
2026-03-03 David N Miller Director Buy +10,000 +$146.85K
2025-12-16 Ashwin Krishnan Chief Investment Officer Buy +3,000 +$50.16K
2025-11-12 Bruce D Frank Director Buy +600 +$9.84K
2025-10-08 Joan Binstock Director Buy +9,030 +$150.23K
2025-08-18 Kevin Shannon Director Buy +5,000 +$88.50K
2025-08-15 David Pessah Chief Financial Officer Buy +3,400 +$60.25K
2025-08-14 Adam S Metz Director Buy +28,248 +$499.12K
2025-08-14 David N Miller Director Buy +10,000 +$176.90K
2025-08-13 Joan Binstock Director Buy +5,659 +$100.08K
2025-08-13 Jeff M. Day Co-President Buy +5,650 +$100.00K
2025-08-13 Michael Occi Jr. Chief Executive Officer Buy +14,000 +$248.85K
2025-06-10 Kevin Shannon Director Buy +10,000 +$194.29K
2024-11-12 Bruce D Frank Director Buy +420 +$8.61K
MSDL — Current Insider Holders
InsiderRole Shares HeldValue
Joan Binstock Director 50,042 $659.80K
Adam S Metz Director 48,505 $639.55K
Kevin Shannon Director 34,925 $460.50K
Michael Occi Jr. Chief Executive Officer 28,500 $375.77K
David N Miller Director 27,168 $358.21K
Jeff M. Day Co-President 22,818 $300.86K
Orit Mizrachi See Remarks 5,867 $77.36K
David Pessah Chief Financial Officer 5,400 $71.20K
Bruce D Frank Director 4,387 $57.84K
Ashwin Krishnan Chief Investment Officer 3,000 $39.55K
MSDL Insider Trading FAQ
Who are the insiders at MSDL?
10 officers, directors and 10%+ beneficial owners currently report holdings in MSDL via SEC Form 4.
Are MSDL insiders buying or selling?
Across the 16 most recent Form 4 filings for MSDL, 16 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is MSDL insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent MSDL filing is dated 2026-03-05.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the MSDL quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.