Welcome to our dedicated page for MSCI SEC filings (Ticker: MSCI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MSCI Inc. (NYSE: MSCI) files a range of documents with the U.S. Securities and Exchange Commission (SEC) that describe its operations, financial condition, capital structure and material events. These include annual reports on Form 10‑K, quarterly reports on Form 10‑Q and current reports on Form 8‑K, as well as registration statements and prospectus supplements for securities offerings. This page brings those filings together and pairs them with AI-powered summaries to help readers understand the key points in each document.
MSCI’s Form 10‑K annual reports provide an overview of its businesses, which encompass index services, portfolio and risk analytics, sustainability and climate offerings and private assets and real estate analytics. These filings also discuss risk factors, intellectual property, regulatory considerations and the company’s role as a provider of research-based data, analytics and indexes for global investors.
Form 10‑Q quarterly reports update financial results and operating metrics between annual filings. They are complemented by Form 8‑K current reports that disclose specific events. Recent 8‑K filings have covered topics such as senior unsecured notes offerings, updates to interest expense guidance, entry into a Third Amended and Restated Credit Agreement, authorization of a share repurchase program and leadership changes at the executive and board level.
MSCI also uses registration statements on Form S‑3 and related prospectus supplements to register senior notes, describing terms such as maturity, interest rate and use of proceeds. Additional exhibits to 8‑K filings include indentures, supplemental indentures, underwriting agreements, legal opinions and credit agreements that define the company’s financing arrangements.
On this page, real-time updates from the SEC’s EDGAR system are combined with AI-generated highlights that explain the structure and implications of MSCI’s filings. Users can quickly see which filings relate to debt issuance, credit facilities, share repurchases, earnings releases or governance changes, and can review the underlying documents for detailed information about MSCI’s obligations, covenants and disclosures.
MSCI filed a Form 144 notice for a planned sale of restricted securities under Rule 144. The filing covers the proposed sale of 624 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of
The seller acquired these shares over several years from the issuer through equity awards, including restricted stock and performance shares. Notable grants include 75 shares of restricted stock on
MSCI Inc. announced that C.D. Baer Pettit has decided to retire from the company, triggering a staged leadership transition. He stopped serving as Chief Operating Officer on November 12, 2025, and will step down as President and as a member of the Board of Directors effective March 1, 2026. From March 1, 2026 through a date in the third quarter of 2026, he is expected to serve in an advisory role to help ensure a smooth handover of responsibilities. On March 1, 2026, Chief Executive Officer Henry A. Fernandez will also take on the title of President with no changes to his compensation, and the Board size will be reduced from twelve to eleven directors.
MSCI Inc. completed a public offering of $500.0 million aggregate principal amount of 5.150% senior unsecured notes due 2036. The sale was registered on Form S-3 (File No. 333-277791) and offered via a prospectus dated March 8, 2024 and a prospectus supplement dated October 30, 2025.
Following the issuance, MSCI updated its full-year 2025 guidance for interest expense (including amortization of financing fees) to approximately $210 to $213 million, compared with prior guidance of $205 to $209 million, reflecting changes in expected average debt balances and effective rates. MSCI notes that SOFR-driven changes to variable-rate borrowings and overall indebtedness levels can affect interest expense, while the majority of its debt consists of fixed-rate senior unsecured notes.
The notes were issued under an Indenture dated August 8, 2025 and a Second Supplemental Indenture dated November 6, 2025, with Wilmington Trust, National Association, as trustee.
MSCI Inc. reported higher results for Q3 2025. Operating revenue rose to $793,426 thousand from $724,705 thousand, and net income increased to $325,386 thousand from $280,901 thousand. Diluted EPS was $4.25 versus $3.57. Operating income was $447,690 thousand.
By segment this quarter: Index revenue was $451,160 thousand, Analytics $182,170 thousand, and Sustainability and Climate $90,125 thousand. For the first nine months, operating cash flow was $1,087,316 thousand.
The company strengthened its capital structure, issuing $1,250,000 thousand of 5.250% senior unsecured notes due 2035 and expanding its revolving credit facility to $1,600,000 thousand, extended to 2030. Long‑term debt stood at $5,507,771 thousand.
Shareholder returns remained active: MSCI repurchased 2,703 thousand shares for $1,512,260 thousand year‑to‑date at an average price of $559.44 and declared quarterly dividends of $1.80 per share. Subsequent to quarter end, the Board authorized a new $3,000,000 thousand repurchase program and declared a $1.80 dividend payable November 28, 2025 to holders of record November 14, 2025.
MSCI Inc. furnished third‑quarter financial information for the period ended September 30, 2025 via a press release attached as Exhibit 99.1. The release includes non‑GAAP measures with definitions and GAAP reconciliations.
Separately, on October 25, 2025, the Board authorized a new share repurchase program for up to $3.0 billion of common stock, which supersedes and replaces the prior program authorized on October 28, 2024. Repurchases may occur from time to time in open‑market or privately negotiated transactions, including accelerated share repurchases, trading plans, or derivative transactions. The timing, price and amount will depend on market conditions, capital resources, applicable laws and other factors, and the authorization may be modified, suspended or terminated at any time.
MSCI updated its 2025 interest expense outlook after issuing $1.25 billion of 5.25% senior notes due 2035 and repaying borrowings under its revolving credit facility on August 11, 2025. The company now expects full-year 2025 interest expense (including amortization of financing fees) of approximately $205 to $209 million, up from prior guidance of $182 to $186 million. For the quarter ending September 30, 2025, MSCI currently expects interest expense of approximately $54 to $55 million.
The company attributes the change to the August 2025 issuance and the resulting higher expected debt balance for 2025. Other components of its previously issued full-year 2025 guidance remain unchanged. MSCI notes its guidance depends on macroeconomic and capital markets assumptions and warns actual results could differ materially.
Linda H. Riefler, a director of MSCI Inc. (MSCI), reported a non-derivative acquisition of 20,583 common shares on 08/29/2025. The shares were issued at no cash price as part of MSCI's dividend payment and credited under the MSCI Inc. Non-Employee Directors Deferral Plan. Under the deferral election, Riefler has chosen to postpone receipt of the shares until the 60th day after her separation from service as a director. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/02/2025.
MSCI Inc. Form 4 summary: Director June Yang reported a transaction dated 08/29/2025 in which 1 share of MSCI common stock was acquired at $0 as a dividend under MSCI's Non-Employee Directors Deferral Plan. After the reported transaction the filing shows 512 shares beneficially owned by the reporting person in a direct capacity.
The filing notes the acquired share was deferred under the director deferral plan and will be delivered on the 60th day after the reporting person's separation from service as a director. The Form 4 was signed by an attorney-in-fact, Cecilia Aza, on 09/02/2025.
Robin Matlock, a director of MSCI Inc. (MSCI), reported a small, non‑cash share accrual on 08/29/2025. The filing shows the acquisition of 4 common shares at an effective price of $0 as a dividend issuance under MSCI's Non‑Employee Directors Deferral Plan, bringing the reporting person’s direct beneficial ownership to 1,628 shares. Under the deferral plan, the deferred shares will not be distributed until the earlier of June 1, 2033 or the 60th day after the director’s separation from service. The Form 4 was signed by an attorney‑in‑fact on 09/02/2025.
MSCI Inc. entered into a Third Amended and Restated Credit Agreement on August 20, 2025, replacing its prior facility. The agreement increases total revolving commitments to $1.60 billion, up from $1.25 billion, and extends availability to August 20, 2030, providing a longer-dated source of liquidity for general corporate purposes, including working capital and acquisitions permitted under the agreement.
The new unsecured senior facility keeps the maximum consolidated leverage ratio at 4.25:1.00, or 4.50:1.00 for four quarters following a material acquisition, while changing the interest coverage covenant so it is tested at fiscal quarter-end only if MSCI lacks investment-grade ratings from at least two of Moody’s, S&P or Fitch. It also removes the 0.10% Term SOFR adjustment that previously applied to Term SOFR-based borrowings, and retains customary covenants and events of default that are generally similar to the prior agreement with certain modifications in favor of the company and its subsidiaries.
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