Morgan Stanley Direct Lending Fund MSDL Insider Ownership

NYSE MSDL

$12.89 -0.03 (-0.27%)

As of: Oct 21, 2026 · 3:59 PM EDT

Insider Holdings by Owner

9.97Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

0.401%

■0% pp QoQ

Shares Held by Insiders

339.76K

filed for Sep 2026

■0.00% QoQ

Shares Outstanding

84.75Mn

84,754,809 shares

Direct Holdings

154.64K

Indirect: 185.12K

Net Shares Traded (QoQ)

no net change in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 9, 2026

Over the past year, MSDL insiders bought $399,916 of stock (26.6K shares) on the open market and sold none.

Morgan Stanley Direct Lending Fund's open-market purchases in the past 12 months came from 6 insiders; no insider sold.
Among Morgan Stanley Direct Lending Fund insiders, David N. Miller (Director) led open-market buying over the past 12 months with $146,850 of purchases (10K shares); the latest was on March 3, 2026.
The latest open-market trade on record is a purchase of 5K shares for $74,475 by Jeff M. Day (Co-President) on March 5, 2026.
According to Business Quant data, insiders at Morgan Stanley Direct Lending Fund reported 339.76K shares in total in their latest Form 4 filings, unchanged from 339.76K shares at the end of Q2 2026.
Of the 339.76K shares held by Morgan Stanley Direct Lending Fund insiders, 154.64K shares (45.51%) are held directly and 185.12K shares (54.49%) indirectly, through trusts, partnerships, family members and other entities.
Per Business Quant, 10 insiders of MSDL hold shares, counting officers, directors and 10% owners who have filed a Form 4 in the past two years.
MSDL's largest insider holders by reported holdings are Adam S. Metz (Director, 118.69K shares), Joan Binstock (Director, 73.54K shares) and Kevin Shannon (Director, 39.34K shares).
Adam S. Metz holds 34.93% of the combined insider position in Morgan Stanley Direct Lending Fund.
Institutional investors held 45.02% of Morgan Stanley Direct Lending Fund stock at the end of Q2 2026, while the latest Form 4 filings of its insiders account for about 0.40%; other investors, including the public, hold roughly 54.58%.
In the past year, 6 insiders of Morgan Stanley Direct Lending Fund submitted 6 Form 4 filings reporting trades, awards or other transactions.
The insider data for MSDL reflects Form 4 filings through March 5, 2026.

Form 4 Holdings

Insiders Holding MSDL

Insiders 13

Shares held 9.97Mn

Of outstanding 11.77%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Credit Partners Holdings Inc. Ms	TenPercentOwner	9,727,311	0	9,727,311	97.5%	11 Oct, 2023
2	Joan Binstock	Director	0	50,042	50,042	0.5%	08 Oct, 2025
3	Jeffrey Levin	Ceo And President	48,600	0	48,600	0.5%	11 Oct, 2023
4	Kevin Shannon	Director	29,079	0	29,079	0.3%	18 Aug, 2025
5	Michael Jr. Occi	Chief Executive Officer	28,500	0	28,500	0.3%	03 Mar, 2026
6	Adam S Metz	Director	0	28,248	28,248	0.3%	14 Aug, 2025
7	Jeff M. Day	Co President	0	22,818	22,818	0.2%	05 Mar, 2026
8	David N Miller	Director	15,000	0	15,000	0.2%	03 Mar, 2026
9	Orit Mizrachi	Coo And Interim Cfo	5,867	0	5,867	0.1%	03 Mar, 2026
10	David Pessah	Chief Financial Officer	5,400	0	5,400	0.1%	15 Aug, 2025
11	Bruce D Frank	Director	0	4,387	4,387	0.0%	12 Nov, 2025
12	Venugopal Rathi	Chief Finanacial Officer	4,211	0	4,211	0.0%	29 Dec, 2022
13	Ashwin Krishnan	Chief Investment Officer	3,000	0	3,000	0.0%	16 Dec, 2025

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

203 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
05 Mar, 2026	Jeff M. Day	Co President	Acquired P	5,000	$14.90	$74.48K	22,818	Indirect
02 Mar, 2026	Michael Jr. Occi	Chief Executive Officer	Acquired P	7,000	$14.87	$104.10K	28,500	Direct
02 Mar, 2026	David N Miller	Director	Acquired P	5,000	$14.68	$73.40K	10,000	Direct
03 Mar, 2026	Orit Mizrachi	Officer	Acquired P	1,000	$14.49	$14.49K	5,867	Direct
03 Mar, 2026	David N Miller	Director	Acquired P	5,000	$14.69	$73.45K	15,000	Direct
11 Nov, 2025	Ashwin Krishnan	Chief Investment Officer	Acquired P	3,000	$16.72	$50.16K	3,000	Direct
10 Nov, 2025	Bruce D Frank	Director	Acquired P	600	$16.41	$9.84K	4,387	Indirect
06 Oct, 2025	Joan Binstock	Director	Acquired P	9,030	$16.64	$150.23K	50,042	Indirect
14 Aug, 2025	Kevin Shannon	Director	Acquired P	5,000	$17.70	$88.50K	29,079	Direct
14 Aug, 2025	David Pessah	Chief Financial Officer	Acquired P	3,400	$17.72	$60.25K	5,400	Direct
12 Aug, 2025	David N Miller	Director	Acquired P	10,000	$17.69	$176.90K	17,168	Indirect
13 Aug, 2025	Adam S Metz	Director	Acquired P	28,248	$17.67	$499.12K	28,248	Indirect
12 Aug, 2025	Jeff M. Day	Co President	Acquired P	5,650	$17.70	$100.01K	17,818	Indirect
12 Aug, 2025	Michael Jr. Occi	Chief Executive Officer	Acquired P	14,000	$17.78	$248.85K	21,500	Direct
11 Aug, 2025	Joan Binstock	Director	Acquired P	5,659	$17.69	$100.08K	39,251	Indirect
06 Jun, 2025	Kevin Shannon	Director	Acquired P	5,700	$19.43	$110.72K	5,700	Indirect
06 Jun, 2025	Kevin Shannon	Director	Acquired P	2,300	$19.44	$44.71K	2,300	Indirect
06 Jun, 2025	Kevin Shannon	Director	Acquired P	2,000	$19.43	$38.86K	2,000	Indirect
11 Nov, 2024	Bruce D Frank	Director	Acquired P	420	$20.50	$8.61K	3,695	Indirect
24 Jan, 2024	David Pessah	Chief Financial Officer	Acquired P	2,000	$20.67	$41.34K	2,000	Direct

Showing 1 to 20 of 203 transactions