Morgan Stanley Direct Lending (NYSE: MSDL) CEO buys 7,000 shares

Rhea-AI Filing Summary

Morgan Stanley Direct Lending Fund director and CEO Michael Occi Jr. bought 7,000 shares of common stock in an open-market transaction on March 2, 2026 at an average price of $14.8712 per share, increasing his directly held stake to 28,500 shares.

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

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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^*

Occi Michael Jr.

(Last) (First) (Middle)

C/O MORGAN STANLEY DIRECT LENDING FUND

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		P		7,000	A	$14.8712	28,500	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:

	/s/ Orit Mizrachi, by power of attorney	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 MSDL disclose for Michael Occi Jr.?

MSDL disclosed that CEO and director Michael Occi Jr. purchased 7,000 common shares. The transaction was an open-market buy, increasing his directly held position to 28,500 shares in Morgan Stanley Direct Lending Fund.

How many Morgan Stanley Direct Lending Fund (MSDL) shares did the CEO buy?

Michael Occi Jr. bought 7,000 MSDL common shares. This open-market purchase raised his direct ownership to a total of 28,500 shares, according to the reported non-derivative transaction details in the Form 4 filing.

At what price were the MSDL shares purchased by the CEO?

The 7,000 MSDL shares were purchased at an average price of $14.8712 per share. This price reflects the consideration paid in the open-market transaction reported as a non-derivative purchase by Michael Occi Jr.

What is Michael Occi Jr.’s total MSDL shareholding after this transaction?

After the transaction, Michael Occi Jr. directly owns 28,500 MSDL common shares. The Form 4 states this total share count following his open-market purchase of 7,000 shares of Morgan Stanley Direct Lending Fund stock.

Was the MSDL insider transaction a buy or a sell?

The MSDL insider transaction was a buy. The Form 4 classifies it as an open-market purchase, with transaction code P and direction marked as a buy, adding 7,000 common shares to Michael Occi Jr.’s direct holdings.

What role does Michael Occi Jr. hold at Morgan Stanley Direct Lending Fund (MSDL)?

Michael Occi Jr. serves as both a director and the Chief Executive Officer of Morgan Stanley Direct Lending Fund. His roles are explicitly identified in the insider report alongside the disclosed open-market purchase of MSDL common stock.