Morgan Stanley unit proposes $534K share sale

The proposed sale relates to customer liquidations of fractional shares acquired through dividend reinvestment, employee stock purchase plans and account transfers.

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC, identified as indirectly controlled by Morgan Stanley, is named for a proposed sale of 2,920 common shares, with an aggregate market value of $534,447.60 and an approximate sale date of October 16, 2026, on NYSE. The shares relate to the entity’s facilitation of customer liquidations of fractional shares from July 17 through October 13, 2026. Customers acquired fractional shares through dividend reinvestment, employee stock purchase plans and account transfers. Morgan Stanley Smith Barney LLC also reported selling 4,040 common shares on July 20, 2026, for an aggregate market value of $869,044.40.

Key Figures

Common shares proposed for sale: 2,920 shares Aggregate market value of proposed sale: $534,447.60 Shares outstanding: 1,570,566,292 shares +2 more

5 metrics

Common shares proposed for sale 2,920 shares Approximate sale date October 16, 2026

Aggregate market value of proposed sale $534,447.60 Proposed sale of common shares

Shares outstanding 1,570,566,292 shares Listed in the securities information

Common shares sold during the past three months 4,040 shares Sale reported for July 20, 2026

Aggregate market value of shares sold during the past three months $869,044.40 Sale reported for July 20, 2026

Key Terms

fractional shares, dividend reinvestment program, employee stock purchase plan, ACATs

4 terms

fractional shares financial

"customer liquidations of fractional shares"

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

dividend reinvestment program financial

"through the dividend reinvestment program (DRIP)"

A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.

employee stock purchase plan financial

"employee stock purchase plan (ESPP)"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

ACATs financial

"account transfers (ACATs)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MS shares does Morgan Stanley Smith Barney plan to sell?

Morgan Stanley Smith Barney LLC, identified as indirectly controlled by Morgan Stanley, reported a proposed sale of 2,920 common shares, with an aggregate market value of $534,447.60 and an approximate sale date of October 16, 2026, on NYSE.

Why is Morgan Stanley Smith Barney selling MS shares?

The proposed sale relates to Morgan Stanley Smith Barney LLC’s facilitation of customer liquidations of fractional shares from July 17, 2026, through October 13, 2026. Customers acquired the fractional shares through dividend reinvestment, employee stock purchase plans and account transfers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 04:16 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:15 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001466170
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	MORGAN STANLEY
SEC File Number	001-11758
Address of Issuer	1585 Broadway New York NEW YORK 10036
Phone	(212) 761-4000
Name of Person for Whose Account the Securities are To Be Sold	MORGAN STANLEY SMITH BARNEY LLC
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Indirectly controlled by the issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley & Co LLC 1585 BROADWAY NEW YORK NY 10036	2920	534447.60	1570566292	10/16/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/13/2026	Please see remarks	Please see remarks			2920	10/13/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MORGAN STANLEY SMITH BARNEY LLC 1585 Broadway New York NY 10036	Common	07/20/2026	4040	869044.40

144: Remarks and Signature

Remarks	This Form 144 relates to the sale of shares acquired through Morgan Stanley Smith Barney LLC's facilitation of customer liquidations of fractional shares during the period 07/17/26 through 10/13/26. Fractional shares are acquired by customers through the dividend reinvestment program (DRIP), employee stock purchase plan (ESPP) and account transfers (ACATs)
Date of Notice	10/16/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Andrew Lunney
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)