MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC filed a preliminary pricing supplement for Principal at Risk securities due July 12, 2029. The notes are linked to the worst performing of GOOGL, AVGO and NVDA, have a stated principal amount of $1,000 per security, an automatic early redemption feature and a 250% participation rate for upside if not auto‑redeemed.

The securities include a 20% buffer, a minimum payment at maturity equal to 20% of principal, an illustrative early redemption payment of $1,800, and an estimated value on the pricing date of approximately $926.50. All payments are subject to Morgan Stanley credit risk.

Morgan Stanley Finance LLC offers Structured Investments Enhanced Buffered Jump Securities due August 2, 2027, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an upside payment of $185 (18.50%). The securities reference a basket of seven semiconductor-related stocks with equal weightings and use a buffer level of 80 (buffer amount 20%) and a downside factor of 1.25. If the final level is at or above the buffer level, holders receive principal plus the fixed upside payment; if below the buffer level, holders lose 1.25% of principal for each 1% decline of the underlier beyond the buffer and could lose their entire investment. The strike and pricing dates are July 15, 2026, original issue date is July 20, 2026, observation date is July 28, 2027. The estimated value on the pricing date is approximately $983.20 per security, and the offering price is $1,000 per security (agent commission $10, proceeds to issuer $990 per security). All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC is offering structured, principal-at-risk buffered participation securities with a $1,000 stated principal amount per security and an estimated value on the pricing date of approximately $966.40. The securities reference a three-component performance-allocation basket (EFA Fund, S&P 500® Futures Excess Return Index, Russell 2000® Index), allocate weights on the observation date based on relative component performance (60%/30%/10% best-to-worst), and provide a 20% buffer against initial losses. At maturity (July 11, 2031), investors receive the stated principal plus any upside subject to a $1,760 maximum payment and a 100% participation rate; if losses exceed the buffer, investors incur dollar-for-dollar losses beyond the buffer down to a 20% minimum payment. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and remain subject to issuer credit risk and tax uncertainties.

Morgan Stanley Finance LLC is offering structured, principal-at-risk, contingent income memory auto-callable securities linked to the Class A common stock of Robinhood Markets, Inc. The securities pay a contingent coupon of 21.85% per annum on observation dates that meet the coupon barrier and are automatically redeemable if the underlier meets the call threshold on redemption determination dates. The notes have a stated principal of $1,000 per security, a pricing/strike date of July 2, 2026, an original issue date of July 8, 2026, a final observation date of July 2, 2029 and a maturity date of July 6, 2029. Investors face full principal risk if the final level is below the downside threshold; all payments are subject to the issuer and guarantor credit risk.

Morgan Stanley Finance LLC offers Trigger PLUS principal-at-risk securities linked to the S&P 500® Futures Excess Return Index with a stated principal amount of $1,000 per security. The securities mature on July 3, 2031 and use the closing level on the observation date of June 30, 2031 to determine the payment at maturity.

If the final level is above the initial level, holders receive the stated principal plus a leveraged upside equal to the 202% leverage factor multiplied by the index percent change. If the final level is at or above the downside threshold (70% of the initial level) but not above the initial level, holders receive the stated principal. If the final level is below the downside threshold, holders suffer losses proportional to the index decline and could lose their entire investment. The estimated value on the pricing date was approximately $947.30 per security.

Morgan Stanley Finance LLC priced callable contingent-income buffered securities linked to the worst-performing of the Dow Jones Industrial Average, the Russell 2000® Index and the State Street® Technology Select Sector SPDR® ETF. Each security has a $1,000 stated principal amount, a contingent annual coupon of 13.40% (payable only if all underliers meet 80% coupon barriers on observation dates), a 20% buffer at maturity and a minimum payment of 20% of principal. The notes may be called beginning December 30, 2026 based on a risk-neutral valuation model; investors bear both issuer credit risk and the risk of losing principal if the worst-performing underlier falls below its buffer.

Morgan Stanley is offering $16,722,000 aggregate principal amount of Fixed Rate Notes due June 29, 2033. The notes pay 4.850% per annum, interest semi‑annually, have an issue price of $1,000 per note and an estimated value on the pricing date of $988.50 per note.

Payments are subject to the credit risk of Morgan Stanley. The issuer will receive proceeds net of agent commissions; aggregate proceeds to the issuer are shown as $16,588,224. The notes will not be listed on any exchange and are book‑entry only.

Morgan Stanley Finance LLC is offering Dual Directional Buffered PLUS notes due July 8, 2031 that are fully and unconditionally guaranteed by Morgan Stanley. Each note has a stated principal amount of $1,000 per security and an estimated value on the pricing date of approximately $977.60.

The securities reference the S&P 500® Futures Excess Return Index and provide a leveraged upside (leverage factor 191%), an absolute return participation feature (participation 100%) for limited declines, and a 20% buffer level with a minimum payment at maturity equal to 20% of principal. Payments are subject to Morgan Stanley’s credit risk and the terms described in the product, index, tax supplements and prospectus.

Morgan Stanley Finance LLC offers $2,000,000 of Buffered PLUS with Downside Factor notes due June 26, 2031, backed by a Morgan Stanley guarantee. Each security has a $1,000 stated principal amount and provides a 214.50% leverage factor on upside versus a 10% buffer on downside measured from an initial level of 591.91. Payments depend solely on the closing underlier level on the observation date; if the final level falls below the buffer level, investors incur losses at a 1.1111% downside factor per 1% decline beyond the buffer and may lose their entire principal.