Morgan Stanley adds Series M preferred stock prospectus

Q: What does Morgan Stanley's prospectus addendum for Series M (MS) state?

The addendum updates the offering terms for Series M preferred stock and references the prospectus dated April 8, 2026. It supersedes the prior prospectus dated November 16, 2020 and permits market‑making sales by Morgan Stanley & Co. LLC.

Q: What are the key features named for the offered security in the MS addendum?

The security is described as Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M. The excerpt highlights that the shares are not bank deposits and are not FDIC‑insured; specific rate and terms are in the prospectus supplement.

Morgan Stanley filed a prospectus addendum to offer Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M using the prospectus dated April 8, 2026.

Accepted by SEC EDGAR 04/08/2026 - 11:55 AM EDT

Filing Impact

(Neutral)

Filing Sentiment

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Form Type

424B3

Rhea-AI Filing Summary

Morgan Stanley filed a prospectus addendum to offer Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M using the prospectus dated April 8, 2026. The addendum replaces the prior prospectus dated November 16, 2020 and notes that Morgan Stanley & Co. LLC may sell shares in market-making transactions.

Key Figures

Registration Number: 333-293641 Prospectus date (current): April 8, 2026 Prospectus date (superseded): November 16, 2020

3 metrics

Registration Number 333-293641 Prospectus addendum cover

Prospectus date (current) April 8, 2026 Accompanying prospectus dated April 8, 2026

Prospectus date (superseded) November 16, 2020 Prospectus being superseded

Key Terms

Fixed-to-Floating Rate, Non-Cumulative Preferred, Prospectus Addendum, Market‑making transactions

4 terms

Fixed-to-Floating Rate financial

"SHARES FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK"

A fixed-to-floating rate is a type of loan or investment that starts with a fixed interest rate for a certain period, meaning the payments stay the same, then switches to a variable rate that can change over time based on market conditions. This matters because it offers the stability of fixed payments initially, but also the flexibility to benefit if interest rates drop later.

Non-Cumulative Preferred financial

"NON-CUMULATIVE PREFERRED STOCK, SERIES M"

Prospectus Addendum regulatory

"Prospectus Addendum to the Prospectus dated April 8, 2026"

Market‑making transactions market

"will, and other affiliates of Morgan Stanley may, use this prospectus addendum in connection with offers and sales of the shares in market-making transactions"

FAQ

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

What does Morgan Stanley's prospectus addendum for Series M (MS) state?

The addendum updates the offering terms for Series M preferred stock and references the prospectus dated April 8, 2026. It supersedes the prior prospectus dated November 16, 2020 and permits market‑making sales by Morgan Stanley & Co. LLC.

Will Morgan Stanley receive proceeds from these Series M sales (MS)?

The addendum states Morgan Stanley & Co. LLC will and other affiliates may use the addendum for market‑making transactions. It does not state proceeds treatment or pricing in the excerpt; specific proceeds terms are in the accompanying prospectus supplement.

What are the key features named for the offered security in the MS addendum?

The security is described as Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M. The excerpt highlights that the shares are not bank deposits and are not FDIC‑insured; specific rate and terms are in the prospectus supplement.

Does the addendum change the effective prospectus date for the offering (MS)?

Yes. The addendum instructs readers to refer to the prospectus dated April 8, 2026, which supersedes the prospectus dated November 16, 2020. The prospectus supplement provides the specific offering terms.

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

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Filed Pursuant to Rule 424(b)(3)
Registration Statement No. 333-293641

Prospectus Addendum to

the Prospectus dated April 8, 2026

SHARES OF

FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK,

SERIES M

You should read the accompanying prospectus supplement, which gives the specific terms of the offered shares, together with the accompanying prospectus dated April 8, 2026 of Morgan Stanley. When you read the prospectus supplement with the specific terms of the offered shares, please note that all references in the prospectus supplement to the prospectus dated November 16, 2020, or to any sections of that document, should refer instead to the accompanying prospectus dated April 8, 2026, or to the corresponding section of the accompanying prospectus.

The accompanying prospectus dated April 8, 2026 supersedes the prospectus dated November 16, 2020.

Morgan Stanley & Co. LLC will, and other affiliates of Morgan Stanley may, use this prospectus addendum in connection with offers and sales of the shares in market-making transactions.

The shares are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality, nor are they obligations of, or guaranteed by, a bank.

MORGAN STANLEY

April 8, 2026

Source: View Original Filing on SEC EDGAR