151,414 MSCI (NYSE: MSCI) shares gifted between family trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSCI Inc. Chairman and CEO Henry A. Fernandez reported changes in how some MSCI common stock is held, centered on family trusts and gifts rather than market trades. The filing shows bona fide gifts of 151,414 shares of common stock, recorded as two separate 75,707‑share gifts by trusts associated with him.
After these movements, Fernandez is shown with 1,727,961 shares held directly and additional indirect holdings, including 410,776 shares held by The Fernandez 2007 Children's Trust and 15,400‑share positions reported for each child. He also retains several option awards, including options over 42,193 shares at $554.52 per share expiring in 2033 and multiple long‑dated premium options exercisable between $1,000 and $1,200 per share through 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
151,414 shares gifted
Mixed
11 txns
Insider
Fernandez Henry A
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 75,707 | $0.00 | -- |
| Gift | Common Stock | 75,707 | $0.00 | -- |
| holding | Option to purchase common stock | -- | -- | -- |
| holding | Premium option to purchase common stock | -- | -- | -- |
| holding | Premium option to purchase common stock | -- | -- | -- |
| holding | Premium option to purchase common stock | -- | -- | -- |
| holding | Option to purchase common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Henry Fernandez 2024 MSCI Annuity Trust);
Option to purchase common stock — 29,564 shares (Direct, null);
Premium option to purchase common stock — 36,846 shares (Direct, null);
Common Stock — 1,727,961 shares (Direct, null)
Footnotes (1)
- The balance shown reflects the transfer of 234,114 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, reflecting the final scheduled annuity payment from the 2024 GRAT. The reported transaction reflects the distribution of the remaining shares held by the 2024 GRAT to The Fernandez 2007 Children's Trust upon the scheduled termination of the 2024 GRAT. The spouse of the Reporting Person is the trustee of The Fernandez 2007 Children's Trust.
Key Figures
Gifted shares: 151,414 shares
Gift lot size: 75,707 shares
Direct common shares: 1,727,961 shares
+5 more
8 metrics
Gifted shares
151,414 shares
Total MSCI common shares reported as bona fide gifts
Gift lot size
75,707 shares
Each of two MSCI common stock gift transactions
Direct common shares
1,727,961 shares
MSCI common stock held directly after reported changes
Children's Trust holding
410,776 shares
MSCI common stock held by The Fernandez 2007 Children's Trust
Options at $554.52
42,193 shares
Option to purchase MSCI common stock at $554.52, expiring 2033
Premium options at $1,200
44,920 shares
Premium option on MSCI common stock at $1,200, expiring 2035
Premium options at $1,100
40,780 shares
Premium option on MSCI common stock at $1,100, expiring 2035
Premium options at $1,000
36,846 shares
Premium option on MSCI common stock at $1,000, expiring 2035
Key Terms
bona fide gift, grantor retained annuity trust, Option to purchase common stock, Premium option to purchase common stock, +2 more
6 terms
bona fide gift financial
"The transaction code description for the G-coded entries is "Bona fide gift"."
grantor retained annuity trust financial
"the 2024 GRAT, a grantor retained annuity trust established by the Reporting Person"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Option to purchase common stock financial
"security_title": "Option to purchase common stock""
indirect financial
""ownership_type": "indirect""
annuity payment financial
"reflecting the final scheduled annuity payment from the 2024 GRAT"
FAQ
What did MSCI (MSCI) Chairman Henry A. Fernandez report in this Form 4?
He reported changes in how MSCI shares are held, focusing on bona fide gifts and trust distributions. The filing centers on family estate arrangements rather than open-market buying or selling of MSCI stock.
Which family trusts are involved in Henry A. Fernandez’s MSCI (MSCI) holdings?
The filing references the Henry Fernandez 2024 MSCI Annuity Trust and The Fernandez 2007 Children's Trust. Shares moved from the 2024 annuity trust, including a final annuity payment, with remaining shares distributed to the 2007 Children's Trust.
What MSCI (MSCI) stock options does Henry A. Fernandez still hold?
He retains several option awards, including 42,193 shares at $554.52 per share expiring in 2033 and additional premium options over 44,920, 40,780, 36,846, and 29,564 shares with exercise prices from $549.83 to $1,200, expiring between 2032 and 2035.
Do these MSCI (MSCI) Form 4 entries show open-market buying or selling?
No. The key coded transactions are bona fide gifts of MSCI shares between family-related trusts. The remaining entries update direct and indirect holdings and outstanding options, rather than recording open-market purchases or sales.