UBS AG SEC Filings

UBS AG is offering $500,000 of Step Down Trigger Autocallable Notes, each with a $1,000 principal amount, linked to the least performing of Freeport-McMoRan, Morgan Stanley and Netflix common stock, maturing on February 16, 2029.

The notes can be automatically called quarterly if all three stocks are at or above their call threshold levels, which start at 100% of the initial levels and step down to 50% by final valuation. If called, investors receive principal plus a call return based on a 16.00% per annum rate, with call prices ranging from $1,080 to $1,480 per note as time passes.

If the notes are never called and at least one stock finishes below its 50% downside threshold, UBS will deliver shares of the worst-performing stock, using a share delivery amount (e.g., 15.9134 FCX, 5.8428 MS, 13.0090 NFLX per note), likely causing a significant or total loss of principal. Payments depend on UBS's credit; the estimated initial value is $938.40 per $1,000 note, reflecting fees and hedging costs, and the notes will not be listed on an exchange.

UBS AG is offering $1,915,000 of Phoenix Autocallable Buffer Notes with Memory Interest linked to Capital One Financial common stock. Each $1,000 Note can pay fixed contingent interest of $40.775 quarterly if COF’s closing price is at or above the $176.26 interest barrier (85% of the $207.37 initial price).

The Notes auto-call on quarterly observation dates if COF closes at or above the initial price, returning principal plus due and previously unpaid coupons. If not called and COF stays at or above the $176.26 downside threshold at maturity, investors receive principal plus any due coupons.

If COF finishes below the downside threshold, UBS pays a cash equivalent based on a share-delivery formula, causing losses that increase about 1.1765% for every 1% COF falls below the threshold, up to a total loss of principal. The Notes are unsecured UBS debt, not principal protected, not listed, have a $10,000 minimum, and an estimated initial value of $987.90 per $1,000 Note.

UBS AG is offering $700,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest tied to the least performing of Freeport-McMoRan, Morgan Stanley and Netflix common stock, each note having a $1,000 principal amount and maturing on February 16, 2029 unless called earlier.

The notes pay a monthly contingent coupon of $12.125 per note (14.55% per annum) only if all three shares close at or above their coupon barriers (60% of initial levels). Missed coupons can be paid later under the memory feature if conditions are met on a future observation date.

The notes are automatically called quarterly, starting after six months, if each share is at or above its call threshold (100% of initial level), returning principal plus due and unpaid coupons. If not called and, at maturity, all three shares are at or above their downside thresholds (50% of initial levels), investors receive back the $1,000 principal.

If at maturity any share is below its downside threshold, investors receive the share delivery amount of the worst-performing stock instead of cash, with the value likely far below principal, meaning a significant or total loss of the initial investment. Payments depend on UBS’s credit, the notes are not insured, may have limited liquidity, and their estimated initial value is $938.00 per $1,000 issue price.

UBS AG is offering $3,110,000 of Trigger Callable Contingent Yield Notes linked to three risk assets, maturing August 16, 2030. The notes pay a high contingent coupon of 17.40% per annum ($14.50 per $1,000 note per month) only when all three underlying assets are at or above their coupon barriers.

The notes reference the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and shares of the VanEck Semiconductor ETF. If UBS calls the notes (possible monthly after six months), investors receive principal plus the applicable coupon and the investment ends early.

If the notes are not called and any underlying finishes below its downside threshold (60% of its initial level), the payoff is reduced one-for-one with the loss on the worst performer, and investors can lose all principal. The notes are unsecured UBS debt, with an estimated initial value of $982.40 per $1,000 and no exchange listing.

UBS AG is issuing $5,590,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Okta, Inc. common stock, maturing on February 16, 2029. Each $1,000 note pays an 11.00% per annum contingent coupon when Okta’s closing price is at or above a coupon barrier set at $43.63, 50.00% of the $87.26 initial level.

The notes are observed quarterly and can be automatically called after six months if Okta closes at or above the $87.26 call threshold level, returning principal plus due and previously unpaid coupons. If not called and Okta’s final level is at or above the $43.63 downside threshold, investors receive full principal back; if below, repayment is reduced one-for-one with Okta’s decline, up to total loss of principal.

The notes are unsecured debt of UBS AG London Branch, exposed to both Okta’s market performance and UBS credit risk, will not be listed on an exchange, and may have limited liquidity. The estimated initial value is $953.20 per note, below the $1,000 issue price due to fees, funding and hedging costs.

UBS AG is offering $4,381,000 of Phoenix Autocallable Buffer Notes with Memory Interest linked to Microsoft common stock. Each $1,000 Note can pay a fixed $41.40 contingent interest per quarter if Microsoft’s closing price is at or above the interest barrier of $361.19 (90% of the $401.32 initial price) on observation dates.

The Notes may be automatically called if Microsoft’s price is at or above the initial price on any autocall observation date, returning principal plus due and previously unpaid contingent interest. If not called and Microsoft stays at or above the downside threshold of $361.19 at maturity on March 3, 2027, investors receive full principal back plus any due and previously unpaid contingent interest.

If the final price is below the downside threshold, repayment is based on a “cash equivalent” tied to a share delivery amount, and investors can lose some or all of their principal. All payments depend on the creditworthiness of UBS, and the Notes are unsecured, unsubordinated obligations with no listing on any exchange.

UBS AG is offering $380,000 of Trigger Callable Contingent Yield Notes, issued in $1,000 denominations, linked to the common stock of CoreWeave, Inc. These roughly two-year notes pay a high 44.50% per annum contingent coupon if CoreWeave’s share price stays at or above a coupon barrier of $57.62, which is 60% of the $96.04 initial level, on each monthly observation date.

UBS may call the notes in whole on any observation date beginning after three months, repaying principal plus any due coupon but ending all future payments. If the notes are not called and CoreWeave’s final level on the February 2028 valuation date is at or above the same $57.62 downside threshold, investors receive full principal back. If the final level is below the threshold, repayment is reduced dollar-for-dollar with the stock’s percentage loss and can result in a complete loss of principal.

The notes are unsecured, unsubordinated UBS debt and all payments depend on UBS’s credit. The estimated initial value is $903.70 per $1,000 note, reflecting embedded fees and hedging costs. The notes will not be listed on an exchange, secondary liquidity may be limited, and the tax treatment is complex and uncertain.

UBS AG is offering $1,010,000 of Trigger Callable Contingent Yield Notes due February 19, 2030, linked to the worst performer of three underlying assets: the SPDR S&P Regional Banking ETF (KRE), the Nasdaq-100 Technology Sector Index (NDXT) and the Utilities Select Sector SPDR ETF (XLU).

The notes pay a contingent coupon of 14.10% per annum ($11.75 per month per $1,000) only when, on a monthly observation date, each underlying is at or above 70% of its initial level. UBS can call the notes in whole on any observation date after six months, then repays principal plus any due coupon and stops future payments.

If the notes are not called and each underlying finishes at or above its 70% downside threshold, investors receive full principal back at maturity. If any finishes below its threshold, repayment is reduced one-for-one with the percentage loss of the worst performer, and all principal can be lost. All payments depend on UBS’s credit, and the estimated initial value is $971.50 per $1,000 note, below the issue price.

UBS AG is offering capped buffer securities linked to the SPDR S&P 500 ETF (SPY), maturing February 25, 2027. Each $1,000 note pays at maturity based on SPY’s price change from a February 13, 2026 strike level of $681.75.

Upside is tracked one-for-one up to a maximum gain of 11.10%, capping the maximum payment at $1,111 per security. On the downside, a 15% buffer applies: investors are fully protected as long as SPY’s final level stays at or above the downside threshold of $579.49, which is 85% of the initial level.

If SPY finishes below the downside threshold, principal is reduced by losses beyond the 15% buffer, and investors could lose almost all of their investment. The notes pay no interest or dividends, are not listed, and all payments depend on the creditworthiness of UBS.