Latest filing published 14 Aug 2025 for Morgan Stanley Direct Lending Fund, €426k.
Not enough buy signals with a settled T+90 horizon to measure a track record yet.
Filings by Adam S. Metz span 3 companies, the busiest being Morgan Stanley Direct Lending Fund, General Growth Properties, Inc. and Forest City Realty Trust, Inc. In total, 50 filings cover trades dated from 22 March 2006 to 13 August 2025.
In open-market terms, that means 30 purchases worth €3.0M on one side and 3 sales worth €3.5M on the other. The totals exclude 1 filing filed without an amount. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 7 share grants and 3 option exercises. 2025 to date brings 1 purchase and no sales.
In size, the median ticket on the buying side is €62k. On 7 out of 7 purchases, another insider of the same company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.
On 14 August 2025 came the latest disclosure, an open-market purchase for €426k in Morgan Stanley Direct Lending Fund. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
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