An MSC insider purchase disclosed by director Reuben E. Slone involved 433 shares of MSC Industrial Direct on October 23, 2026, for approximately $50,129. The SEC Form 4 records two purchases of Class A common stock and shows Slone holding 433 shares directly afterward.
Key Takeaways
- Slone bought 433 shares in two transactions on October 23, 2026.
- The disclosed prices imply a combined purchase cost of about $50,129.
- The filing records the purchases and resulting ownership, but gives no reason for the investment.
Table of Contents
MSC insider purchase totals about $50,129
Slone’s SEC ownership filing lists a purchase of 370 shares at $115.645 each, followed by 63 shares at $116.5161 each. Both entries carry transaction code P, identifying purchases, and both are recorded as direct holdings.
The disclosed share counts and prices imply an average purchase price of approximately $115.77 per share. That is a calculation from the two transactions, rather than a separately disclosed execution price for the entire purchase.
The document was signed on October 23, the same date as the transactions. The final ownership balance of 433 shares matches the total acquired in the two entries.
| Item | Details |
|---|---|
| First purchase | 370 shares at $115.645; implied cost of $42,788.65. |
| Second purchase | 63 shares at $116.5161; implied cost of $7,340.51. |
| Security acquired | Class A common stock, with a par value of $0.001 per share. |
What the disclosure does—and does not—show
MSC Industrial Direct, which trades under the ticker MSM, distributes metalworking and maintenance, repair and operations products and services, primarily in the United States. Its offering includes cutting tools, measuring instruments, fasteners and abrasives, alongside inventory-management and supply-chain services.
The Form 4 establishes the size, prices and ownership form of Slone’s purchases. It does not explain his investment rationale or provide a forecast for MSC’s operating performance.
A director’s purchase is therefore a specific ownership development, not evidence by itself that the shares are undervalued or that earnings will improve. The two entries also should not be treated as a complete account of companywide insider activity over the preceding year.
Conclusion
The MSC insider purchase adds a documented director investment of approximately $50,129. Any further change in Slone’s reported ownership would need to be established through subsequent disclosures; this filing announces no additional purchase plans.
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