Munari Alvise J. 4

What Happened
Alvise J. Munari, Chief Product Officer of MSCI Inc., had 438 shares reacquired by MSCI to satisfy tax withholding obligations tied to the vesting/conversion of restricted stock units. The reacquired shares were valued at $624.75 each for a total withholding of $273,641. This was a tax-withholding disposition (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-04 (filed within two business days).
• Shares withheld/reacquired: 438 shares at $624.75 per share, total $273,641.
• Related grant/vesting: Withholding relates to the vesting/conversion of 1,218 restricted stock units granted on Feb 2, 2023 (F1).
• Net shares retained from this vesting event: 1,218 vested − 438 withheld = 780 shares delivered to the insider.
• Shares owned after transaction: Not disclosed in the provided filing.
• Transaction code: F (tax withholding). This is a routine, administrative withholding rather than an indicator of a purchase or discretionary sale.

Context

• This was a cashless tax-withholding by the company to cover withholding on vested RSUs — a common administrative step when equity awards convert to shares. It does not represent an open-market sale or a new purchase.
• For retail investors, withholding events are generally routine and do not by themselves signal a change in insider sentiment.