Form 4: MSCI Inc. President & COO C.D. Baer Pettit Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
C.D. Baer Pettit, President & COO of MSCI Inc., executed multiple sales of common stock on May 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 5, 2025, C.D. Baer Pettit, the President & COO of MSCI Inc., sold shares of common stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on December 4, 2024.
- A total of 734 shares were sold at a weighted average price of $551.11.
- An additional 1,886 shares were sold at a weighted average price of $552.03.
- Another 2,008 shares were sold at a weighted average price of $553.25.
- Finally, 372 shares were sold at a weighted average price of $554.82.
- Following these transactions, Pettit directly owns 289,787 shares of MSCI Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-arranged trading plan, which doesn't inherently indicate positive or negative sentiment.
Industry Context
Insider selling can be interpreted in various ways by the market; however, the use of a pre-arranged 10b5-1 trading plan suggests the sales were planned and not necessarily based on current market conditions or inside information.
Stakeholder Impact
- The stock sales by a high-ranking executive could potentially create uncertainty among shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-12-04 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-05-05 | Date of stock sale transactions |
| 2025-05-07 | Date of signature on the Form 4 filing |
Keywords
MSCI Inc., C.D. Baer Pettit, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, President & COO
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