MSCI Inc. (NYSE: MSCI) CEO adds to holdings with open‑market buys

Rhea-AI Filing Summary

MSCI Inc. chairman and CEO Henry Fernandez reported multiple open‑market purchases of MSCI common stock on 12/05/2025. The trades were executed in numerous small lots, with weighted average purchase prices ranging from about $531.57 to $541.90 per share, including blocks such as 3,190 shares at $535.51 and 1,892 shares at $536.34.

Following these transactions, Fernandez directly held 1,487,047 shares of MSCI common stock. In addition, the Fernandez 2007 Children’s Trust held 335,069 shares, and the Henry Fernandez 2024 MSCI Annuity Trust held 309,821 shares. Separate indirect holdings of 15,400 shares were reported for a son and 15,400 shares for a daughter. The filing notes that many trades were executed in price ranges, with reported prices shown as weighted averages.

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
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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^*

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)
12/05/2025

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	12/05/2025		P		360	A	$531.98(1)	1,477,197(2)	D
Common Stock	12/05/2025		P		1,124	A	$533.12(3)	1,478,321	D
Common Stock	12/05/2025		P		1,043	A	$534.55(4)	1,479,364	D
Common Stock	12/05/2025		P		3,190	A	$535.51(5)	1,482,554	D
Common Stock	12/05/2025		P		1,892	A	$536.34(6)	1,484,446	D
Common Stock	12/05/2025		P		431	A	$537.31(7)	1,484,877	D
Common Stock	12/05/2025		P		504	A	$538.77(8)	1,485,381	D
Common Stock	12/05/2025		P		1,106	A	$539.57(9)	1,486,487	D
Common Stock	12/05/2025		P		480	A	$540.46(10)	1,486,967	D
Common Stock	12/05/2025		P		80	A	$541.23	1,487,047	D
Common Stock	12/05/2025		P		140	A	$532.37(11)	332,919	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		260	A	$533.22(12)	333,179	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		547	A	$535.1(13)	333,726	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		552	A	$536.02(14)	334,278	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		317	A	$536.9(15)	334,595	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		80	A	$537.75	334,675	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		114	A	$539.35(16)	334,789	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		240	A	$540.37(17)	335,029	I	By Fernandez 2007 Children's Trust
Common Stock	12/05/2025		P		40	A	$541.9	335,069	I	By Fernandez 2007 Children's Trust
Common Stock								309,821(2)	I	By Henry Fernandez 2024 MSCI Annuity 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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $531.57 to $532.56. 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 196,886 shares previously indirectly held by the Henry Fernandez 2024 MSCI Annuity Trust (the "2024 GRAT"), a grantor retained annuity trust established by the Reporting Person to direct holdings of the Reporting Person following a scheduled annuity payment from the 2024 GRAT.

3. This transaction was executed in multiple trades at prices ranging from $532.72 to $533.55. 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.

4. This transaction was executed in multiple trades at prices ranging from $534.00 to $534.86. 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.

5. This transaction was executed in multiple trades at prices ranging from $535.00 to $535.99. 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.

6. This transaction was executed in multiple trades at prices ranging from $536.00 to $536.97. 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.

7. This transaction was executed in multiple trades at prices ranging from $537.12 to $537.74. 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.

8. This transaction was executed in multiple trades at prices ranging from $538.16 to $538.97. 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.

9. This transaction was executed in multiple trades at prices ranging from $539.27 to $540.15. 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.

10. This transaction was executed in multiple trades at prices ranging from $540.35 to $540.50. 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.

11. This transaction was executed in multiple trades at prices ranging from $531.79 to $532.60. 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.

12. This transaction was executed in multiple trades at prices ranging from $533.12 to $533.26. 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.

13. This transaction was executed in multiple trades at prices ranging from $534.59 to $535.58. 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.

14. This transaction was executed in multiple trades at prices ranging from $535.67 to $536.59. 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.

15. This transaction was executed in multiple trades at prices ranging from $536.75 to $537.15. 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.

16. This transaction was executed in multiple trades at prices ranging from $538.95 to $539.66. 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.

17. This transaction was executed in multiple trades at prices ranging from $540.05 to $540.46. 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	12/09/2025
	** 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 did MSCI (MSCI) disclose in this Form 4 filing?

The filing shows that Henry Fernandez, MSCI Inc.’s chairman and CEO, made multiple open‑market purchases of MSCI common stock on 12/05/2025 at prices generally between about $532 and $542 per share.

How many MSCI shares does Henry Fernandez directly own after these transactions?

After the reported purchases, Henry Fernandez directly owned 1,487,047 shares of MSCI common stock.

What indirect MSCI holdings are reported for Henry Fernandez and related trusts?

The filing reports 335,069 MSCI shares held by the Fernandez 2007 Children’s Trust and 309,821 shares held by the Henry Fernandez 2024 MSCI Annuity Trust, plus separate indirect holdings for a son and a daughter.

Were the MSCI shares bought in single trades or multiple executions?

Most reported purchases were executed in multiple trades within specified price ranges, and the prices in the table are weighted average purchase prices.

What is Henry Fernandez’s role at MSCI Inc.?

Henry Fernandez is reported as a Director and as an Officer, serving as Chairman and CEO of MSCI Inc.

Did the Form 4 indicate use of a Rule 10b5-1 trading plan?

The form includes a checkbox to indicate if transactions were made under a Rule 10b5‑1(c) trading plan, but the excerpt does not show that box as marked.

On what date was the earliest transaction in this MSCI Form 4?

The earliest transaction date reported in this Form 4 is 12/05/2025.