Insider at Morgan Stanley Direct Lending (MSDL) buys 1,000 shares

Rhea-AI Filing Summary

Morgan Stanley Direct Lending Fund reported an insider share purchase. Officer Mizrachi Orit bought 1,000 shares of common stock in an open-market transaction at $14.49 per share. After this trade, Orit directly owns 5,867 shares of Morgan Stanley Direct Lending Fund common stock.

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

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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^*

Mizrachi Orit

(Last) (First) (Middle)

C/O MORGAN STANLEY

1585 BROADWAY

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Morgan Stanley Direct Lending Fund [ MSDL ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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, par value $0.001 per share	03/03/2026		P		1,000	A	$14.49	5,867	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:

Remarks:

Co-President and Chief Operating Officer

	/s/ Orit Mizrachi	03/03/2026
	** 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 transaction did Mizrachi Orit report at Morgan Stanley Direct Lending Fund (MSDL)?

Mizrachi Orit reported buying 1,000 shares of Morgan Stanley Direct Lending Fund common stock in an open-market purchase at $14.49 per share. This insider transaction increased Orit’s direct holdings to 5,867 shares following the trade, according to the Form 4 filing details.

How many MSDL shares does Mizrachi Orit own after the reported Form 4 transaction?

After the reported transaction, Mizrachi Orit directly owns 5,867 shares of Morgan Stanley Direct Lending Fund common stock. This reflects an increase of 1,000 shares from an open-market purchase at $14.49 per share, as disclosed in the insider ownership section of the Form 4.

Was the MSDL insider transaction by Mizrachi Orit a purchase or a sale?

The insider transaction by Mizrachi Orit was a purchase. The Form 4 shows an open-market buy of 1,000 shares of Morgan Stanley Direct Lending Fund common stock at $14.49 per share, classified under transaction code “P” for purchase in the filing data.

At what price per share did Mizrachi Orit buy MSDL common stock?

Mizrachi Orit bought Morgan Stanley Direct Lending Fund common stock at $14.49 per share. The Form 4 describes this as an open-market purchase of 1,000 shares, resulting in total direct ownership of 5,867 shares of MSDL common stock after the transaction.

What type of transaction is shown in the MSDL Form 4 for Mizrachi Orit?

The Form 4 for Morgan Stanley Direct Lending Fund lists an open-market purchase by Mizrachi Orit. It records a buy of 1,000 non-derivative common shares at $14.49 per share, coded as “P,” with ownership reported as direct for 5,867 shares after the trade.