Director-linked entity for MSCI (NYSE: MSCI) buys 3,681 shares

Rhea-AI Filing Summary

MSCI Inc. director Robert G. Ashe reported an indirect open‑market purchase of 3,681 shares of MSCI common stock on February 18, 2026 at a weighted average price of $543.21 per share. The shares were bought by 1000396766 Ontario Inc., an entity he controls.

The filing notes a transfer of 759 shares from Ashe’s direct holdings to his indirect holdings. After these updates, Ashe reports indirect ownership of 22,290 MSCI shares through Ontario Inc. and direct ownership of 476 MSCI shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ashe Robert G.

(Last) (First) (Middle)

MSCI INC.

7 WORLD TRADE CENTER, 250 GREENWICH ST.

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MSCI Inc. [ MSCI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		P		3,681	A	$543.21(1)	22,290(2)	I	See Footnote 3(3)
Common Stock								476(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $542.645 to $543.50. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the issuer or the security holders of the issuer full information regarding the number of shares and prices at which each transaction was effected.

2. The balance shown reflects the transfer of 759 shares previously directly held by the Reporting Person to indirect holdings by the Reporting Person.

3. The reported shares of the Issuer are directly held by 1000396766 Ontario Inc. ("Ontario Inc."), an entity over which the Reporting Person retains sole investment and voting control. The common shares of Ontario Inc. are held by the Ashe Trust, a trust of which the Reporting Person and his spouse are trustees and the Reporting Person, his spouse and his children are beneficiaries.

Remarks:

	/s/ Cecilia Aza, attorney-in-fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MSCI director Robert G. Ashe report on this Form 4 for MSCI?

Robert G. Ashe reported an indirect open-market purchase of MSCI shares. An entity he controls, 1000396766 Ontario Inc., acquired 3,681 shares of MSCI common stock, and Ashe updated his reported direct and indirect ownership balances to reflect this transaction and a related internal share transfer.

How many MSCI shares were purchased in the reported transaction and at what price?

The filing reports a purchase of 3,681 MSCI common shares. These were acquired at a weighted average price of $543.21 per share, based on multiple trades executed in a price range from $542.645 to $543.50 on February 18, 2026, as detailed in the footnotes.

How are the newly purchased MSCI shares held according to the Form 4 footnotes?

The purchased MSCI shares are held indirectly through 1000396766 Ontario Inc. The filing states that Robert G. Ashe retains sole investment and voting control over this entity, whose common shares are owned by the Ashe Trust, with Ashe, his spouse, and children as beneficiaries.

What are Robert G. Ashe’s MSCI share holdings after the reported transactions?

After the reported updates, Robert G. Ashe reports indirect ownership of 22,290 MSCI common shares and direct ownership of 476 shares. These figures incorporate the 3,681-share purchase by 1000396766 Ontario Inc. and a transfer of 759 shares from his direct holdings to indirect holdings.

What does the Form 4 say about the price range of the MSCI share purchases?

The Form 4 explains that the 3,681 shares were bought in multiple trades. These trades occurred at prices ranging from $542.645 to $543.50 per MSCI share, with $543.21 reported as the weighted average purchase price, as described in a detailed transaction footnote.

Does the MSCI Form 4 describe any transfer between Robert G. Ashe’s direct and indirect holdings?

Yes. A footnote states that 759 MSCI shares previously held directly by Robert G. Ashe were transferred to his indirect holdings. This internal transfer helps explain the final reported balances of 22,290 indirectly held shares and 476 directly held shares after the transaction date.