MORGAN STANLEY (MS-PA) SEC Filings, Jul 6, 2026

Morgan Stanley Finance LLC is offering market-linked, principal-at-risk securities due July 22, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 face amount and a contingent fixed return to be set on the pricing date (at least 17.00% or $170 per face amount in examples). The maturity payment depends on the lowest performing stock between Meta Platforms, Inc. (Class A) and Netflix, Inc.; if that lowest performing stock closes below a threshold equal to 65% of its starting price on the calculation day, holders will be exposed to the full downside of that stock and may lose more than 35% and potentially all of the face amount. Estimated value on the pricing date is approximately $958.70 per security, or within $30.00 of that estimate. The offering price to the public is $1,000 per security; agents’ commissions reduce proceeds to the issuer to $976.75 per security.

Morgan Stanley Finance LLC priced a primary offering of principal-at-risk, market-linked, auto-callable securities linked to the Roundhill Magnificent Seven ETF due July 19, 2029. Each security has a face amount of $1,000, an estimated value on the pricing date of $965.10 (±$45.00), and a contingent coupon rate to be set on the pricing date at no less than 10.65% per annum. Coupons are paid quarterly only if the fund closing price on the related quarterly calculation day is at or above 70% of the starting price. After a six-month non-call period, securities may be automatically called on a quarterly calculation day if the fund closes at or above the starting price, paying the face amount plus a final contingent coupon. If not called, at maturity investors receive the face amount if the ending price is at or above the downside threshold (70% of starting price); if below, the maturity payment equals the face amount multiplied by the performance factor and investors can lose more than 30% of principal. All payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC priced principal-at-risk, auto-callable securities linked to NVIDIA Corporation (NVDA) stock. Each security has a $1,000 stated principal amount and an original issue price of $1,000. The securities pay a contingent coupon of 12.24% per annum on observation dates when the closing level is at or above the coupon barrier (70% of the initial level). The notes may be automatically redeemed early if the closing level meets or exceeds the call threshold (initial level $197.58). At maturity, if the final level is below the buffer level (70% of initial), principal is reduced by 1.4286% for each 1% the underlier falls below the buffer; there is no minimum payment. All payments are subject to Morgan Stanley's credit risk.

Morgan Stanley Finance LLC priced Principal at Risk Enhanced Trigger Jump Securities linked to Micron Technology, Inc. common stock with a stated principal amount of $1,000 per security and an aggregate principal amount of $5,000,000. The securities mature on August 5, 2027 and pay no interest.

At maturity holders receive the stated principal plus a fixed $561.30 upside payment if the final level is at or above the downside threshold ($628.6040, ~60% of the initial level). If the final level is below the threshold, the performance factor (final level / initial level) applies and investors lose 1% of principal for each 1% decline in the underlier; there is no minimum payment.

Morgan Stanley Finance LLC offers $5,700,000 aggregate principal amount of Structured Investments — Enhanced Trigger Jump Securities due August 5, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an issue price of $1,000. The securities pay no interest and are principal-at-risk: if the final level of the S&P 500® Index on the observation date is greater than or equal to the downside threshold level (5,986.584, equal to 80% of the initial level), holders receive the stated principal plus a fixed upside payment of $87.60 (an 8.76% return); if the final level is below that threshold, the payment equals the stated principal multiplied by the final/initial level and could be significantly less or zero. The initial level is 7,483.23 (strike date July 1, 2026); the observation date is August 2, 2027 and the maturity date is August 5, 2027. Estimated value on the pricing date was $985.30 per security and agent fees of up to $10.42 per security were deducted from proceeds.

Morgan Stanley Finance LLC is offering $500,000 aggregate principal of Buffered Participation Securities linked to the S&P 500® Index, issued at a stated principal amount of $1,000 per security with an Aug 5, 2027 maturity.

The notes pay no interest, provide a 15% buffer (buffer level = 6,360.746; initial level = 7,483.23), a 100% participation rate in positive index performance subject to a $1,130.50 maximum payment (113.05% of principal), and a minimum payment of 15% of principal. Estimated value on the pricing date was $991.40 per security. The securities are unsecured obligations of MSFL and are fully guaranteed by Morgan Stanley; holders bear credit risk and may lose a significant portion of principal if the final index level is below the buffer.

Morgan Stanley Finance LLC priced contingent income auto-callable securities linked to Micron Technology common stock. The notes have a stated principal amount of $1,000 per security, aggregate principal amount of $920,000, and an estimated value on the pricing date of $978.70 per security. The securities pay a contingent coupon (annual rate 46.96%) only if observation-date levels meet the coupon barrier ($516.14, 50% of the initial level). Automatic early redemption is possible on specified dates if the closing level meets the call threshold ($1,032.28), and maturity payment protects principal only if the final level is >= the downside threshold ($516.14); otherwise investors suffer proportional principal loss. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced $700,000 of buffered jump securities linked to the Global X Copper Miners ETF. Each security has a stated principal amount of $1,000 and an issue price of $1,000. The estimated value on the pricing date was $970.70. The notes feature an automatic early redemption test on July 15, 2027 with a call threshold equal to the initial level ($76.65) and an early redemption payment of $1,350. If not redeemed, maturity is July 7, 2028 with payoff rules: full participation (100%) in upside if the final level exceeds the initial level; return of principal if the final level is between the buffer level ($65.153, 85% of initial) and the initial level; and a downside exposure that multiplies declines beyond the 15% buffer by a downside factor of 1.1765, which can result in losing some or all principal. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced Buffered Jump Securities (auto-callable) linked to the S&P 500® Index with a $1,000,000 aggregate issuance and a $1,000 stated principal amount per security. The securities feature an automatic early redemption on the first determination date if the underlier is at or above the call threshold level (7,483.23), delivering an $1,094 early redemption payment. If not called, maturity outcomes depend on the final level versus the initial level (7,483.23) and a 10% buffer (buffer level 6,734.907): investors receive the principal plus a 125% participation rate on appreciation if the final level exceeds the initial level; principal only if final level is between the buffer and initial level; and a reduced payment if final level is below the buffer (losses beyond the buffer realized 1% for each 1% decline), subject to a 10% minimum payment at maturity. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and are subject to issuer credit risk. The original issue price is $1,000 with an estimated value on the pricing date of $977.50, and selected dealers receive a fixed commission of $17.50 per security.