Morgan Stanley CEO logs RSU tax share move

Morgan Stanley Chairman and CEO Edward Pick reported changes in his holdings of the company’s common stock.

Rhea-AI Filing Summary

Morgan Stanley Chairman and CEO Edward Pick reported changes in his holdings of the company’s common stock. On January 16, 2026, 35,134 shares were disposed of at $191.23 per share in a transaction coded “F,” which the notes explain as shares withheld to cover taxes when previously granted restricted stock units vested.

On the same date, a separate transaction coded “G” shows the disposition of 8,149 shares at $0 per share, leaving Pick with 610,454.899 shares held directly. He also has 4,273.444 shares held indirectly through a 401(k) plan and 104,963 shares indirectly through a grantor retained annuity trust. The notes add that since his last report, 77,013 shares previously held indirectly by such a trust were transferred back to him as an annuity payment.

Insider Trade Summary

8,149 shares gifted

Gift 4 txns

Insider PICK EDWARD

Role Chairman and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	35,134	$191.23	$6.72M
Gift	Common Stock	8,149	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 610,454.899 shares (Direct); Common Stock — 4,273.444 shares (Indirect, By 401(k) Plan); Common Stock — 104,963 shares (Indirect, By Grantor Retained Annuity Trust)

Footnotes (2)

1. F1. Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 18, 2023.
2. F2. Since the Reporting Person's last report, 77,013 shares of Common Stock previously reported as indirectly beneficially owned by a grantor retained annuity trust were transferred back to the Reporting Person in satisfaction of an annuity payment.

FAQ

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

Who is the insider reporting this Form 4 transaction for MS?

The reporting person is Edward Pick, who serves as Chairman and CEO of Morgan Stanley (MS) and is also a director of the company.

What was the largest reported share disposition by the Morgan Stanley CEO?

On January 16, 2026, Edward Pick reported the disposition of 35,134 shares of Morgan Stanley common stock at $191.23 per share in a transaction coded “F.”

Why were 35,134 Morgan Stanley shares disposed of in the F-coded transaction?

The filing notes that 35,134 shares were withheld to satisfy taxes upon the conversion of restricted stock units that were granted on January 18, 2023.

What does the G-coded transaction in this Morgan Stanley Form 4 represent?

The G-coded transaction on January 16, 2026 shows the disposition of 8,149 shares of Morgan Stanley common stock at $0 per share, after which Edward Pick directly owned 610,454.899 shares.

What indirect Morgan Stanley shareholdings does Edward Pick report?

Edward Pick reports indirect ownership of 4,273.444 shares through a 401(k) plan and 104,963 shares through a grantor retained annuity trust.

What is the significance of the 77,013-share transfer mentioned in the footnotes?

The notes state that 77,013 shares of Morgan Stanley common stock previously reported as indirectly owned by a grantor retained annuity trust were transferred back to Edward Pick in satisfaction of an annuity payment since his last report.

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

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Accepted by SEC EDGAR 01/16/2026 - 04:36 PM EST Learn about SEC filing dates

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^*

PICK EDWARD

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

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	01/16/2026		F(1)		35,134	D	$191.23	618,603.899(2)	D
Common Stock	01/16/2026		G		8,149	D	$0	610,454.899	D
Common Stock								4,273.444	I	By 401(k) Plan
Common Stock								104,963(2)	I	By Grantor Retained Annuity Trust

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. Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 18, 2023.

2. Since the Reporting Person's last report, 77,013 shares of Common Stock previously reported as indirectly beneficially owned by a grantor retained annuity trust were transferred back to the Reporting Person in satisfaction of an annuity payment.

Remarks:

	/s/ Martin M. Cohen, Attorney-in-Fact	01/16/2026
	** 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.