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Morgan Stanley (MS) CFO Sharon Yeshaya sells 15,838 shares near $186

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Morgan Stanley Chief Financial Officer Sharon Yeshaya reported a sale of common stock in the company. On January 20, 2026, Yeshaya sold 15,838 shares of Morgan Stanley common stock in an open-market transaction, reported with code “S” for a sale. The weighted average sale price was $185.7669 per share, with individual trades executed between $185.67 and $185.98 per share.

After this transaction, Yeshaya beneficially owned 135,304.336 shares of Morgan Stanley common stock in direct ownership. The filing notes that detailed price and size information for each individual trade in the reported price range is available upon request from Morgan Stanley, its security holders, or the SEC staff.

Positive

  • None.

Negative

  • None.

Insights

Morgan Stanley’s CFO reported a routine open-market stock sale with a sizable remaining stake.

The filing shows Chief Financial Officer Sharon Yeshaya sold 15,838 shares of Morgan Stanley common stock on January 20, 2026 at a weighted average price of $185.7669 per share, with individual trades between $185.67 and $185.98. The transaction is coded “S,” indicating an open-market sale rather than an option exercise or derivative conversion.

Following the sale, Yeshaya still beneficially owns 135,304.336 shares, which represents a continuing direct equity interest in the company. The disclosure that trades occurred across a price range and that full breakdowns are available on request is typical for larger, multi-lot insider transactions. Overall, this appears as a standard liquidity transaction rather than a structural change, and its significance for the broader investment case would depend on context from other company developments not covered here.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
YESHAYA SHARON

(Last) (First) (Middle)
C/O MORGAN STANLEY
1585 BROADWAY

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MORGAN STANLEY [ MS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/20/2026 S 15,838 D $185.7669(1) 135,304.336 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $185.67 to $185.98, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Martin M. Cohen, Attorney-in-Fact 01/22/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the insider in Morgan Stanley (MS) involved in this Form 4 filing?

The insider is Sharon Yeshaya, who serves as Chief Financial Officer of Morgan Stanley and is the reporting person for this transaction.

How many Morgan Stanley (MS) shares did the CFO sell in this transaction?

The Chief Financial Officer sold 15,838 shares of Morgan Stanley common stock in the reported transaction on January 20, 2026.

What was the sale price of Morgan Stanley (MS) shares in the CFO’s Form 4 trade?

The reported weighted average sale price was $185.7669 per share, with individual trades executed between $185.67 and $185.98 per share.

How many Morgan Stanley (MS) shares does the CFO own after this Form 4 transaction?

After the reported sale, the Chief Financial Officer beneficially owns 135,304.336 shares of Morgan Stanley common stock in direct ownership.

What does the transaction code "S" mean in this Morgan Stanley (MS) Form 4?

The transaction code "S" indicates an open-market or private sale of non-derivative securities, in this case Morgan Stanley common stock.

Is there more detail on the individual trade prices in the Morgan Stanley (MS) CFO sale?

Yes. The filing explains that the price is a weighted average and that the shares were sold between $185.67 and $185.98. The reporting person undertakes to provide full trade-by-trade details upon request to Morgan Stanley, its security holders, or SEC staff.

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