Morgan Stanley filings document the company’s financial services business, capital structure, governance and material events. The record includes 8-K reports for current events, proxy materials for annual meeting and shareholder voting matters, and securities listings covering common stock, depositary preferred shares and medium-term notes associated with Morgan Stanley Finance LLC.
Filings also disclose governance procedures, registered security classes, NYSE listing information, preferred stock series, debt-security registration matters and formal status changes such as a Form 25 notice for removal of a listed note class from exchange registration.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes due August 7, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and provides exposure to the best performing of the STOXX® Europe 600 Index, the MSCI EAFE® Index and the S&P 500® Futures Excess Return Index.
At maturity, if the best performing underlier’s final level exceeds its initial level, investors receive $1,000 plus an upside payment equal to 100% of that appreciation. If the best performing underlier is flat, the payout is $1,000. If it has declined, investors lose 1% of principal for every 1% decline in the best performing underlier, with no minimum payment and potential total loss of principal.
The securities are unsecured obligations of MSFL, subject to the credit risk of both MSFL and Morgan Stanley. The issuer’s estimated value on the pricing date is approximately $951.20 per security, reflecting issuance, structuring and hedging costs that reduce economic terms versus the $1,000 issue price. Secondary market liquidity may be limited and prices may be significantly below issue price.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Jump Securities with an auto-callable feature maturing on August 2, 2029, linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index.
The notes are issued at $1,000 per security with an estimated value of about $960.70, reflecting issuance, structuring and hedging costs. From August 6, 2027, if all indices are at or above 100% of their initial levels on a determination date, the notes auto-redeem for stepped payments starting at $1,145 and rising to $1,398.75, implying roughly 14.50% per annum, after which no further payments are made.
If held to maturity and each index is at or above its call threshold, investors receive $1,435 per security. If any index is below its call threshold but all are at or above 70% downside thresholds, only principal is returned. If any index finishes below 70% of its initial level, repayment is reduced 1% for each 1% decline of the worst-performing index, potentially to zero. Payments depend on Morgan Stanley’s credit, secondary market liquidity may be limited, and U.S. tax treatment is uncertain.
Morgan Stanley Finance LLC is offering principal at risk Jump Securities linked to Alphabet Inc. Class A common stock, fully and unconditionally guaranteed by Morgan Stanley, maturing on August 12, 2031. The notes pay no interest and do not guarantee repayment of principal.
Beginning with the first determination date on August 16, 2027, the notes are subject to automatic early redemption if Alphabet’s closing level is at or above the call threshold level, set at 100% of the initial level. In that case, investors receive a fixed early redemption payment that corresponds to a return of about 13.00% per annum, ranging from $1,130.00 to $1,617.50 per $1,000 security, and the investment ends.
If not called, at maturity investors receive $1,650.00 per security if the final level is at or above the call threshold. If the final level is below the call threshold but at or above the downside threshold level of 65% of the initial level, they receive only the $1,000 stated principal. Below the downside threshold, repayment equals $1,000 multiplied by the performance factor (final level ÷ initial level), resulting in 1% loss of principal for each 1% decline in the underlier and potentially zero recovery. The estimated value on the pricing date is approximately $941.60 per security, reflecting issuance, selling, structuring and hedging costs, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering Buffered PLUS structured notes due August 4, 2031, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. The notes pay no interest and are linked to the S&P 500® Futures Excess Return Index.
At maturity, if the index final level is above the initial level, investors receive principal plus a leveraged upside payment equal to 210% of the index’s percentage gain. If the final level is at or below the initial level but at or above the buffer level of 80% of the initial level, investors receive only principal. If the final level is below the buffer level, repayment is reduced 1% for each 1% decline beyond the 20% buffer, subject to a minimum payment of 20% of principal.
The estimated value on the pricing date is approximately $978 per $1,000 note, reflecting issuing, selling, structuring and hedging costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and secondary market liquidity may be limited. The issuer highlights significant market, valuation, conflict-of-interest and U.S. tax uncertainties associated with these principal-at-risk securities.
Morgan Stanley Finance LLC is offering principal at risk Jump Securities, fully and unconditionally guaranteed by Morgan Stanley, linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index and maturing on July 31, 2031. The notes pay no interest and are unsecured obligations subject to Morgan Stanley’s credit risk.
The notes may be automatically redeemed on August 3, 2027 if, on July 29, 2027, the index closes at or above 90% of its initial level, in which case investors receive $1,260 per $1,000 and no further payments. If not called, at maturity investors receive $1,000 plus an upside payment equal to 335% of any index gain; $1,000 if the index is between 50% and 100% of its initial level; and a loss proportional to any decline if the index ends below 50% of its initial level, potentially losing the entire investment.
The estimated value on the pricing date is approximately $934.60 per security, below the $1,000 issue price due to issuing, selling, structuring and hedging costs and the issuer’s funding rate. The complex underlying index uses leveraged S&P 500 futures, a 40% volatility target, and a 4.0% per annum decrement, has limited live history and extensive back-tested data. The notes may be illiquid, are sensitive to Morgan Stanley’s credit spreads, and involve uncertain U.S. tax treatment.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes due February 10, 2028, fully and unconditionally guaranteed by Morgan Stanley. These Contingent Income Auto-Callable Securities pay a 10.00% per annum contingent coupon only when the Nasdaq-100, Russell 2000 and S&P 500 are each at or above their coupon barrier levels on scheduled observation dates.
The notes can be automatically redeemed quarterly starting February 8, 2027 if each index is at or above its 100% call threshold, returning principal plus the applicable coupon, after which no further payments are made. If held to maturity and not called, full principal is returned only if each index’s final level is at or above its 70% downside threshold; otherwise, investors lose 1% of principal for every 1% decline in the worst-performing index, potentially losing their entire investment. The estimated value on the pricing date is approximately $973.60 per $1,000, reflecting issuance, selling, structuring and hedging costs. Payments depend on Morgan Stanley’s credit and the notes may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering callable contingent income securities due August 2, 2029, fully and unconditionally guaranteed by Morgan Stanley, at $1,000 stated principal per security. These principal-at-risk notes are linked to the worst performing of three ETFs: the State Street Health Care Select Sector SPDR ETF (XLV), State Street Real Estate Select Sector SPDR ETF (XLRE) and VanEck Gold Miners ETF (GDX).
The securities pay a contingent coupon at 13.40% per annum, only if on each observation date the closing level of every underlier is at or above its coupon barrier, set at 60% of its initial level. The same 60% level serves as the downside threshold for principal repayment at maturity. Beginning August 4, 2027, the issuer may redeem the notes on specified redemption dates for principal plus any due coupon, but only if a risk neutral valuation model indicates early redemption is economically rational for Morgan Stanley.
If the notes are not redeemed and, on the final observation date, any underlier finishes below its downside threshold, investors lose 1% of principal for each 1% decline in the worst performing ETF and could lose their entire investment. The estimated value on the pricing date is approximately $969 per security, reflecting issuance, structuring and hedging costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering Dual Directional Buffered Participation Securities linked to the S&P 500® Index, maturing on September 16, 2027, with a stated principal amount of $1,000 per security and no periodic interest. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and all payments are subject to their credit risk.
At maturity, investors participate 100% in S&P 500 gains up to a maximum payment of $1,090 per security (109% of principal). If the index is down but not below 80% of its initial level, investors receive a positive return equal to 50% of the index’s absolute decline, effectively capped at a 10% gain. Below the 80% buffer level, principal is reduced 1% for each 1% additional decline, with a minimum payment of 20% of principal. The estimated value on the pricing date is approximately $983.90 per security, reflecting issuance, structuring and hedging costs, and the product carries complex tax and liquidity risks.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Enhanced Trigger Jump Securities linked to the Class A common stock of Space Exploration Technologies Corp. Each security has a $1,000 stated principal amount, with no interest payments and full exposure to the issuer’s credit risk.
At maturity on February 2, 2028, if the final stock level on the January 28, 2028 observation date is at or above the downside threshold (50% of the initial level), investors receive $1,000 plus a fixed $400 upside payment, a 40% return, regardless of how much the stock has risen within that range. If the final level is below the threshold, repayment is $1,000 multiplied by the performance factor (final level ÷ initial level), so investors lose 1% of principal for each 1% decline and can lose their entire investment.
The estimated value on the pricing date is approximately $947 per security, reflecting issuing, selling, structuring and hedging costs borne by investors. The SpaceX stock began trading only in June 2026, so it has limited trading history and has shown periods of high volatility. The notes are unsecured, unsubordinated obligations with no assured secondary market and carry complex, uncertain U.S. tax treatment.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due August 2, 2029, linked to the worst performer of the Russell 2000 Index, S&P 500 Index and State Street Technology Select Sector SPDR ETF, fully guaranteed by Morgan Stanley. Each security has a $1,000 principal amount and pays a contingent coupon at 9.85% per annum only if on each observation date all three underliers are at or above their coupon barrier levels, set at 60% of initial levels.
Beginning on August 3, 2027, the notes are callable on specified monthly redemption dates, but only if a risk neutral valuation model indicates it is economically rational for Morgan Stanley to redeem; call is not driven directly by index performance. If held to maturity and each underlier’s final level is at or above its downside threshold (50% of initial level), investors receive principal plus any final coupon. If any underlier finishes below its downside threshold, repayment is reduced 1% for every 1% decline of the worst-performing underlier, potentially to zero. The estimated value on the pricing date is about $975.60 per $1,000 security, reflecting issuance and hedging costs, and all payments are subject to Morgan Stanley’s and MSFL’s credit risk.