Munari Alvise J. 4

What Happened
Alvise J. Munari, Chief Product Officer of MSCI Inc. (MSCI), was granted/awarded performance stock options (PSOs) covering 6,042 shares. The Form 4 reports an acquisition-type award (derivative) on 2026-01-26 at $0.00 (no cash paid at grant); the PSOs were certified as earned by the Compensation, Talent and Culture Committee.

Key Details

• Transaction date: 2026-01-26 (Form 4 filed 2026-01-28). Transaction code: A (award/grant).
• Reported amount: 6,042 PSOs (derivative) at $0.00 reported acquisition price.
• Vesting: PSOs were granted 2023-02-02 and are scheduled to vest on 2026-02-02, subject to continued service and the previously measured performance period (Jan 1, 2023–Dec 31, 2025).
• Footnote: The performance condition was certified met on Jan 26, 2026; the 6,042 PSOs represent the number earned.
• Shares owned after transaction: not specified in the disclosed excerpt.
• Timeliness: Filing appears timely (filed within two business days).

Context
This is an award of performance-based options (derivative securities), not an open-market purchase or sale. The report documents that the performance condition was met and options were earned; the options are scheduled to vest on Feb 2, 2026 (then exercisable per plan terms). The reported $0.00 reflects the award certification, not the market value of the underlying shares.