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buyModerate

Joan Binstock bought $150k of MSDL

director at Morgan Stanley Direct Lending Fund. 9,030 shares at an average of $16.64, traded Oct 6, 2025, filed Oct 8, 2025.

Conviction score
51
Value
$150k
9,030 shares
Holdings after
50,042
+22% from before
From 52-week low
+5%
low $13.98, close $14.64
From 52-week high
-17%
high $17.61, as of Oct 6, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $150k at market
    +11
  • Relative to holdings
    Holdings up 22%
    +6
  • Price context
    5% above the 52-week low; 17% below the 52-week high
    +14
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    2 buys in 90 days
    +5
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -0.5%, 3m +0.0%, 6m -8.4%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MSDLOct 12, 2026 · close 13.24
Since filing Oct 8, 2025: -9.5%SPY +16.8% · excess -26.3%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-25-234375, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Oct 6, 2025POpen-market purchase
Common Stock, par value $0.001 per shareindirect: See Footnote.
+9,030$16.64$150k50,042Oct 8, 2025

Related signals

Other insiders at Morgan Stanley Direct Lending Fund and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
63Notable
MSDLbuy 4
Morgan Stanley Direct Lending Fund
Jeff M. Day
Co-President
$74k
5,000 shares
+28%
65Notable
MSDLbuy 4
Morgan Stanley Direct Lending Fund
David N Miller
director
$147k
10,000 shares
+200%
50Moderate
MSDLbuy 4
Morgan Stanley Direct Lending Fund
Orit Mizrachi
See Remarks
$14k
1,000 shares
+21%
70Notable
MSDLbuy 4
Morgan Stanley Direct Lending Fund
Michael Occi Jr.
Chief Executive Officer
$104k
7,000 shares
+33%
52Moderate
MSDLbuy 2
Morgan Stanley Direct Lending Fund
Ashwin Krishnan
Chief Investment Officer
$50k
3,000 shares
-
40Moderate
MSDLbuy 2
Morgan Stanley Direct Lending Fund
Bruce D Frank
director
$9,843
600 shares
+16%
60Notable
MSDLbuy 7
Morgan Stanley Direct Lending Fund
Kevin Shannon
director
$89k
5,000 shares
+21%
64Notable
MSDLbuy 7
Morgan Stanley Direct Lending Fund
David Pessah
Chief Financial Officer
$60k
3,400 shares
+170%
62Notable
MSDLbuy 7
Morgan Stanley Direct Lending Fund
David N Miller
director
$177k
10,000 shares
+140%
66Notable
MSDLbuy 7
Morgan Stanley Direct Lending Fund
Adam S Metz
director
$499k
28,248 shares
-

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Joan Binstock bought $150k of MSDL | InsiderTell