MSDL Morgan Stanley Direct Lending Fund Insider Trading

Co-President Day Jeff M. bought 5,000 MSDL shares at $14.90 on 2026-03-05; stock now $14.79, -29.1% from 52-week high of $20.87.

Day Jeff M. purchased 5,000 shares for $74,475.00, increasing his holdings by 28.1% to 22,818 shares. The purchase occurs with MSDL trading at $14.79, significantly below its 52-week high of $20.87 and down 15.7% over the past 90 days. His prior buy at this ticker on 2025-08-12 yielded a -7.1% 90-day return, and his cross-ticker track record shows 0.00% 90-day win rate across 1 prior buy. A cluster buy pattern is present, with 3 other insiders also purchasing within the past 14 days, though this does not necessarily indicate coordinated action. The transaction amounts to a material accumulation at a depressed price point relative to recent trading range, though the insider's historical timing outcomes provide limited confidence in predictive value.

Director Miller buys 10,000 shares in MSDL across 2 transactions for $146,850.00; stock down 30.1% from 52-week high amid cluster activity

Director David N Miller purchased 10,000 shares in two separate transactions on March 2-3, 2026, at prices of $14.68 and $14.69, increasing his holdings from 5,000 to 15,000 shares and tripling his position. The purchases occur after the stock has declined 30.1% from its 52-week high of $20.87 and fallen 10.0% over the past 30 days, placing the current price of $14.58 near the 52-week low. A cluster pattern is present, with 2 other insiders also buying within the past 14 days. However, Miller's prior MSDL buy on 2025-08-12 showed a 90-day return of -7.0%, indicating his previous purchases at this ticker have not preceded gains, and his cross-ticker track record shows 0 of 1 prior buys were well-timed at the 90-day mark with an average 90-day return of -7.0%.

Mizrachi Orit bought 1,000 shares of MSDL at $14.49 on 2026-03-03; 2 other insiders also bought within 14 days

Mizrachi Orit purchased 1,000 shares (1.0K shares) at $14.49, increasing holdings by +20.5% from 4,867 to 5,867 shares. The purchase occurred while MSDL trades 30.1% below its 52-week high of $20.87 and down 10.0% over the past 30 days and 16.2% over 90 days. Most notably, this transaction is part of a cluster pattern with 2 other insiders also buying within the past 14 days, suggesting coordinated insider interest at current price levels. The fund's fundamentals show $27.6M in net income with a P/E of 24.30 and $1.2B market cap, providing a financial backdrop for the insider accumulation activity.

Morgan Stanley CEO Occi Michael Jr. buys 7,000 MSDL shares at $14.87; now holds 28,500 shares post-purchase, +32.6%

Occi Michael Jr. purchased 7,000 shares of Morgan Stanley Direct Lending Fund at $14.87 on 2026-03-02, increasing his holdings by 32.6% to 28,500 shares. The stock has declined 30.1% from its 52-week high of $20.87 and is down 10.0% over the past 30 days and 16.2% over 90 days, with the current price at $14.58 near the low end of its range. His prior trades at MSDL show mixed timing: a buy on 2025-08-12 returned +0.5% in 30 days but -7.4% in 90 days; an earlier buy on 2024-01-24 returned -2.3% in 30 days but +5.3% in 90 days. A cluster pattern is present—2 other insiders also bought within the past 14 days—suggesting broader insider activity at depressed valuations. With the P/E at 24.30 and net income at $27,601,000.00, the transaction occurs during a period of material price weakness, though his track record across tickers shows a 50% win rate with modest average returns.

CIO Krishnan Ashwin purchases 3,000 shares of MSDL at $16.72; stock currently $17.20, down 20.4% from 52-week high

Krishnan Ashwin, Chief Investment Officer, initiated a $50,160.00 position in Morgan Stanley Direct Lending Fund by purchasing 3,000 shares at $16.72 on 2025-11-11. The timing coincides with a 30-day recovery (+3.0%) following a 90-day decline (-1.4%), and the stock trades 20.4% below its 52-week high of $21.61. The transaction represents an accumulation in a closed-end fund vehicle with a P/E of 10.30 and market cap of $1.5B. Given Ashwin's fiduciary role as CIO, the purchase warrants examination of whether it reflects portfolio positioning decisions aligned with the fund's investment thesis or personal capital allocation.

Director Frank Bruce D buys 600 shares of MSDL at $16.40 on 2025-11-10, raising holdings to 4,387 shares (+15.8%).

Director Frank Bruce D purchased 600 shares of Morgan Stanley Direct Lending Fund at $16.40, increasing his holdings by 15.8% to 4,387 shares. The transaction occurred while the fund trades at $16.76 (current), positioned 22.4% below the 52-week high of $21.61 and down 5.2% over 90 days. His prior purchase at this same ticker on 2024-11-11 generated a 0.8% gain over 90 days, and his cross-ticker buy history shows 1 of 1 well-timed purchases at the 90-day mark with an average 90-day return of -6.6%. This represents a repeated decision to hold or add to a position in a levered fixed-income fund amid recent underperformance, though the modest share count and modest total value ($9.8K) reflect a measured addition rather than a concentrated bet.

Director Binstock Joan purchased 9,030 shares of MSDL at $16.64; stock now -23.4% from 52-week high.

Director Binstock Joan purchased 9,030 shares of Morgan Stanley Direct Lending Fund on 2025-10-06 at $16.64, increasing her holdings from 41,012 to 50,042 shares. The purchase size (+22.0% vs pre-transaction holdings) represents a meaningful increase in her direct stake. However, the stock has declined significantly since the transaction, trading at $16.55 (current) versus $16.64 at purchase, and is -23.4% from its 52-week high of $21.61. At the cross-ticker level, this director's prior open-market buy activity shows a -0.0% average 30-day return, and her one prior trade at MSDL on 2025-08-11 also produced -0.0% 30-day performance. The company's fundamentals show a P/E of 8.44 and positive net income of $36,096,000.00, though the recent price weakness (-13.8% over 90 days) suggests market headwinds independent of the insider's timing.

Director Shannon Kevin bought 5,000 shares of MSDL at $17.70; cluster of 6 other insiders bought within 14 days.

Shannon Kevin, a Director, purchased 5,000 shares of Morgan Stanley Direct Lending Fund (MSDL) at $17.70 on 2025-08-14, bringing his holdings to 29,079 shares—a 20.8% increase relative to pre-transaction holdings. The purchase occurs against a backdrop of price weakness: MSDL is trading at $17.82 (current), down 9.5% over the past 30 days and down 10.3% over 90 days, sitting 17.5% below its 52-week high of $21.61. Most notably, the filing shows a cluster pattern with 6 other insiders also purchasing within the past 14 days, suggesting coordinated or independently-motivated accumulation at depressed levels. Kevin's three prior trades at MSDL in June 2025 each generated modest 30-day losses (ranging -1.3% to -1.4%), though 90-day outcomes remain unmeasurable. With fundamentals intact (P/E of 9.09, $36.1M net income, $1.5B market cap), the convergence of multi-insider buying activity during a price drawdown presents a signal worth monitoring for fundamental strength beneath current valuations.

CFO David Pessah bought 3,400 shares of MSDL at $17.72 (total $60,254.12); holding 5,400 post-transaction; 6 other insiders also bought within 14 days

David Pessah, CFO, purchased 3,400 shares at $17.72 on 2025-08-14, increasing his stake to 5,400 shares (a 170.0% increase from 2,000 shares held prior). This transaction occurred as the stock trades 17.9% below its 52-week high of $21.61 and has declined 8.7% over the past 30 days and 10.6% over 90 days. The purchase is notable for two reasons: first, Pessah's cross-ticker track record shows a 100.00% 90-day win rate with his prior MSDL buy on 2024-01-24 generating a +5.3% return, indicating a pattern of timing entry points that subsequently recovered; second, this buy coincides with a cluster buy pattern where 6 other insiders acquired shares within the same 14-day window, suggesting coordinated confidence at current price levels. With a market cap of $1,541,321,463.00 and a P/E of 9.06, the fundamentals show earnings of $36,096,000.00, positioning the fund as relatively valued. The clustering of insider purchases during a period of recent price weakness warrants investor attention as an indicator of insider-level conviction.

Director Miller David N bought 10,000 shares of MSDL at $17.69; 6 other insiders also bought within 14 days in cluster pattern

David N Miller, a Director, purchased 10,000 shares at $17.69, expanding his holdings by 139.5% from 7.2K to 17.2K shares. This transaction occurred amid a broader cluster pattern: 6 other insiders also bought within the past 14 days, suggesting coordinated or independently aligned acquisition activity. The stock trades at $17.67 (current), down 18.2% from its 52-week high of $21.61 and off 11.0% over 90 days, providing the backdrop against which this director-level accumulation occurs. With a P/E of 9.02 and market cap of $1.5B, the fund exhibits modest fundamental metrics; the cluster buy pattern at depressed recent price levels merits examination of what drove multiple insiders to increase positions simultaneously.