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Insider trading on November 11, 2025

2 insiders at 2 companies bought $83K of their own stock on the open market, across 3 transactions. The largest was Krishnan Ashwin, Chief Investment Officer, buying $50.2K of Morgan Stanley Direct Lending Fund (MSDL).

Insiders sold $2.7M across 7 open-market sales. That is 32.9× the value bought. Selling routinely outweighs buying, because most executive pay is delivered in stock.

Bought
$83K
3 purchases
Sold
$2.7M
7 sales
Companies bought
2
2 insiders
CEO buys
0
chief executives

Open-market purchases

Code P only — insiders spending their own money, largest first.

MSDLPBUY$50.2K
Krishnan Ashwin · Chief Investment…Nov 11, 2025
3,000 sh @ $16.72
NOMAPBUY$18K
Sport City Cadiz S.L. · 10% OwnerNov 11, 2025
2,600 sh @ $6.93 · +<0.1% own
NOMAPBUY$14.8K
Sport City Cadiz S.L. · 10% OwnerNov 11, 2025
2,450 sh @ $6.06 · +<0.1% own

Open-market sales

Pre-arranged 10b5-1 trades are marked.

FWRDSSELL$1.5M
Cetus Capital VI, L.P. · 10% OwnerNov 11, 2025
67,163 sh @ $21.71 · -2.1% own
CDXSSSELL$962.7K
Opaleye Management Inc. · 10% OwnerNov 11, 2025
535,000 sh @ $1.80 · -4.4% own
VWAVSSELL$179.1K
Stanley Hills LLC · 10% OwnerNov 11, 2025
13,727 sh @ $13.05 · -0.3% own
HMMRSSELL$100K
Stogdill Mark · Chief Financial…Nov 11, 2025
1M sh @ $0.1 · -24.5% own
CDXSSSELL$23.8K
Opaleye Management Inc. · 10% OwnerNov 11, 2025
13,211 sh @ $1.80 · -5.6% own
WRAPSSELL$11K
Norris Elwood G · 10% OwnerNov 11, 2025
5,000 sh @ $2.20 · -2.2% own
PLSSELL$254
Smith Gary B · DirectorNov 11, 2025
20 sh @ $12.69 · <0.1% own