MSCI (MSCI) CEO Henry Fernandez boosts stake with open-market stock buys

Rhea-AI Filing Summary

MSCI Inc. Chairman and CEO Henry A. Fernandez disclosed open-market purchases of the company’s common stock. On February 13, 2026, he bought 6,000 shares at a weighted average price of $524.18. On February 17, 2026, he purchased 240 shares at $517.32, 360 shares at $519.45, and 200 shares at $520.00.

Following these transactions, Fernandez directly beneficially owned 1,493,847 shares of MSCI common stock. He also reported indirect ownership interests, including shares held by the Henry Fernandez 2024 MSCI Annuity Trust, the Fernandez 2007 Children's Trust, and accounts for his children, as well as several option positions on MSCI stock.

Insights

Equity ownership & governance analyst

MSCI’s CEO modestly increased his direct shareholdings through open-market buys.

Henry A. Fernandez, MSCI’s Chairman and CEO, bought several blocks of common stock in mid-February 2026, including 6,000 shares at a weighted average of $524.18. These were coded as open-market purchases, not option exercises or automatic grants.

After these trades, his direct beneficial ownership rose to 1,493,847 shares, alongside sizable indirect holdings through family trusts and family accounts. The filing also lists multiple option positions with exercise prices between $549.83 and $1,200, with expirations extending to 2035.

Because the purchases are small relative to MSCI’s overall equity and Fernandez’s existing stake, this update is informative on insider activity but does not, by itself, constitute a thesis-changing event. Subsequent company filings will provide broader business and financial context.

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^*

Fernandez Henry A

(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
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		P		6,000	A	$524.18(1)	1,493,047	D
Common Stock	02/17/2026		P		240	A	$517.32(2)	1,493,287	D
Common Stock	02/17/2026		P		360	A	$519.45(3)	1,493,647	D
Common Stock	02/17/2026		P		200	A	$520	1,493,847	D
Common Stock								309,821	I	By Henry Fernandez 2024 MSCI Annuity Trust
Common Stock								335,069	I	By Fernandez 2007 Children's Trust
Common Stock								15,400	I	By Son
Common Stock								15,400	I	By Son
Common Stock								15,400	I	By Daughter

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
Option to purchase common stock	$549.83							02/03/2025	02/03/2032	Common Stock	29,564		29,564	D
Premium option to purchase common stock	$1,000							01/31/2030	01/31/2035	Common Stock	36,846		36,846	D
Premium option to purchase common stock	$1,100							01/31/2030	01/31/2035	Common Stock	40,780		40,780	D
Premium option to purchase common stock	$1,200							01/31/2030	01/31/2035	Common Stock	44,920		44,920	D
Option to purchase common stock	$554.52							02/02/2026	02/02/2033	Common Stock	42,193		42,193	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $523.68 to $524.65. 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. This transaction was executed in multiple trades at prices ranging from $516.77 to $517.67. 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.

3. This transaction was executed in multiple trades at prices ranging from $518.97 to $519.89. 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.

Remarks:

	/s/ Cecilia Aza, attorney-in-fact	02/17/2026
	** 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 transactions did MSCI (MSCI) report for Henry A. Fernandez in February 2026?

MSCI reported that Chairman and CEO Henry A. Fernandez made several open-market purchases of common stock in February 2026, including 6,000 shares on February 13 and three smaller trades on February 17, at prices around $517–$524 per share, increasing his direct ownership stake.

How many MSCI (MSCI) shares does Henry A. Fernandez own after these Form 4 transactions?

After the reported transactions, Henry A. Fernandez directly beneficially owned 1,493,847 shares of MSCI common stock. The filing also shows significant indirect holdings through the Henry Fernandez 2024 MSCI Annuity Trust, the Fernandez 2007 Children's Trust, and accounts held for his children.

At what prices did MSCI’s CEO buy shares in the February 2026 Form 4 filing?

The Form 4 shows Henry A. Fernandez bought 6,000 MSCI shares at a weighted average price of $524.18 on February 13, then 240 shares at $517.32, 360 shares at $519.45, and 200 shares at $520.00 on February 17, all as open-market purchases.

Does the MSCI (MSCI) Form 4 show any option positions for Henry A. Fernandez?

Yes. The filing lists several option positions, including options to purchase 29,564 MSCI shares at $549.83 and multiple “premium options” with exercise prices of $1,000, $1,100, and $1,200, with expiration dates ranging from 2032 to 2035, all held directly.

What indirect MSCI (MSCI) shareholdings are associated with Henry A. Fernandez in this Form 4?

Indirect holdings include 309,821 MSCI shares held by the Henry Fernandez 2024 MSCI Annuity Trust, 335,069 shares held by the Fernandez 2007 Children's Trust, and 15,400-share positions reported for a son, another son, and a daughter, all classified as indirect ownership.