MSCI executive sells 10,000 shares in open market

MSCI Inc. Chief Product Officer Alvise J. Munari reported open-market sales of company common stock.

Accepted by SEC EDGAR 04/28/2026 - 04:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

MSCI Inc. Chief Product Officer Alvise J. Munari reported open-market sales of company common stock. On April 24, 2026, he sold a total of 10,000 shares in two non-derivative transactions at prices around $592–$593 per share.

One trade covered 40 shares at $593.31 per share and another covered 9,960 shares at $592.03 per share. A footnote explains the larger sale was executed in multiple trades between $592.00 and $592.99, with the reported price reflecting the weighted average sale price.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 2 txns

Insider Munari Alvise J.

Role Chief Product Officer

Sold 10,000 shs ($5.92M)

Share of Position Sold 29.8%

Type	Security	Shares	Price	Value
Sale	Common Stock	9,960	$592.03	$5.90M
Sale	Common Stock	40	$593.31	$24K

Holdings After Transaction: Common Stock — 23,548 shares (Direct)

Holdings Before and After: Common Stock, 33,548 to 23,548 shares (Direct)

Footnotes (1)

1. F1. This transaction was executed in multiple trades at prices ranging from $592.00 to $592.99. The price reported above reflects the weighted average sale 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.

Key Figures

Total shares sold: 10,000 shares First trade size: 40 shares First trade price: $593.31/share +4 more

7 metrics

Total shares sold 10,000 shares Non-derivative open-market sales on April 24, 2026

First trade size 40 shares Common Stock sold at $593.31 per share

First trade price $593.31/share Open-market sale of 40 Common Stock shares

Second trade size 9,960 shares Common Stock sold at $592.03 per share

Second trade weighted average price $592.03/share Weighted average price for multiple executions

Execution price range $592.00–$592.99 Price range for trades underlying the $592.03 average

Net share change -10,000 shares Net-sell direction from transaction summary

Key Terms

open-market sale, non-derivative, Common Stock, weighted average sale price, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type: "non-derivative""

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

transaction code S regulatory

"transaction_code: "S" for sale in open market"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MSCI (MSCI) disclose for Alvise J. Munari?

MSCI disclosed that Chief Product Officer Alvise J. Munari sold a total of 10,000 shares of MSCI common stock. The sales were open-market transactions executed on April 24, 2026, at prices around $592–$593 per share.

How many MSCI (MSCI) shares did the executive sell and at what prices?

Alvise J. Munari sold 10,000 MSCI shares in total. One trade involved 40 shares at $593.31 each, and another involved 9,960 shares at $592.03 each, with multiple executions between $592.00 and $592.99.

Was the MSCI (MSCI) insider transaction an open-market sale or part of a derivative exercise?

The filing describes both transactions as non-derivative open-market sales of common stock with transaction code S. There were no accompanying option exercises or derivative conversions reported, and the derivative summary in the filing is empty.

What does the weighted average price mean in the MSCI (MSCI) Form 4 filing?

The filing notes the reported $592.03 price reflects a weighted average sale price for trades between $592.00 and $592.99. This means multiple executions occurred within that price range, averaged according to share volumes at each price.

Who is the MSCI (MSCI) insider involved in the recent stock sale?

The insider is Alvise J. Munari, MSCI’s Chief Product Officer. As a reporting person under SEC rules, he must disclose transactions in MSCI common stock, including the 10,000-share open-market sale reported for April 24, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Munari Alvise J.

(Last) (First) (Middle)

MSCI INC.

7 WORLD TRADE CENTER, 250 GREENWICH ST.

(Street)

NEW YORK NEW YORK 10007

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

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

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

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

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	04/24/2026		S		9,960	D	$592.03(1)	23,588	D
Common Stock	04/24/2026		S		40	D	$593.31	23,548	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 $592.00 to $592.99. The price reported above reflects the weighted average sale 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.

Remarks:

	/s/ Cecilia Aza, attorney-in-fact	04/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)