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, fully guaranteed by Morgan Stanley, is offering Dual Directional Trigger Jump Securities maturing on July 22, 2031, with a $1,000 stated principal per security and an aggregate principal amount of $511,000. These unsecured notes pay no interest and do not guarantee any return of principal.
The payout is based on the worst performing of the Russell 2000 Index and the S&P 500 Futures Excess Return Index. If both final levels are at or above their initial levels, investors receive principal plus the greater of the index gain on the worst performer or a fixed upside payment of $692 per security, equal to 69.20% of principal. If the worst performer is down but not below its downside threshold (70% of its initial level), investors receive principal plus a positive return matching the absolute decline, effectively capped at a 30% gain.
If either underlier finishes below its downside threshold, repayment is reduced 1% for every 1% decline in the worst performer, with no minimum; the payment can be zero. Initial levels are 2,962.217 for the Russell 2000 and 596.71 for the S&P 500 Futures Excess Return Index, with downside thresholds at 70% of these levels. The securities are offered at $1,000 each, while their estimated value on the pricing date is $971.00, reflecting structuring and hedging costs and issuer credit spreads.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Buffered Jump Securities with Auto-Callable Feature maturing July 20, 2029, linked to a basket of the MSCI Emerging Markets Index (20%) and the EURO STOXX 50 Index (80%). The notes have a stated principal of $1,000 per security, total offering size of $3.2 million, and an issue price of $1,000, with an estimated value on the pricing date of $968.80.
The notes pay no interest and may be automatically redeemed on determination dates in 2027 and 2028 if the basket level is at or above the call threshold of 100% of the initial level, for early redemption payments of $1,120 and $1,240 per security, respectively (about 12% per annum). If held to maturity and not called, investors receive: (i) if the final level is at or above the initial level, $1,000 plus the greater of a $150 upside payment or 100% of the basket’s positive return; (ii) if the final level is below the initial level but at or above the 90% buffer level, only the $1,000 principal; (iii) if below the buffer, a loss of 1% of principal for each 1% decline beyond the 10% buffer, subject to a minimum payment of 10% of principal.
All payments are subject to the credit risk of MSFL and Morgan Stanley, the notes are unsecured and not FDIC insured, secondary market liquidity may be limited, and U.S. tax treatment is uncertain, with the issuer’s counsel viewing them as prepaid financial contracts treated as open transactions.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Jump Securities with an auto-callable feature linked to the EURO STOXX 50® Index. Each security has a stated principal amount and issue price of $1,000, for an aggregate principal amount of $250,000, and an estimated value on the pricing date of $974.90 per security.
The notes may be automatically redeemed on July 23, 2027 for an early redemption payment of $1,161 per security if the index closes at or above the call threshold level of 6,230.87. If held to July 20, 2029 and not called, investors receive principal plus a 150% participation in index gains if the final level exceeds the initial level, only principal if the final level is between the initial level and the downside threshold level of 4,984.696, and a loss of 1% of principal for each 1% index decline below that level, down to zero. All payments are unsecured and subject to the credit risk of MSFL and Morgan Stanley, and the securities do not pay periodic interest or guarantee any return of principal.
Morgan Stanley Finance LLC is offering $4,500,000 of Dual Directional Trigger Jump Securities, linked to the S&P 500® Index, due July 22, 2031. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and pay no interest.
Each security has a $1,000 stated principal amount and issue price. At maturity, investors receive: the principal plus a fixed $475 upside payment if the index is at or above the initial level of 7,457.69; a positive return equal to the index’s absolute decline (up to 25%) if the final level is below the initial but at or above the downside threshold of 5,593.268; or a 1% loss of principal for each 1% index decline if the final level is below the threshold, with no minimum payment.
The estimated value on the pricing date is $960.90 per security, below the $1,000 issue price, reflecting issuing, selling, structuring and hedging costs and the issuer’s funding rate. Agent commissions are $33.50 per security (none in fee‑based accounts, where the price is $966.50). All payments depend on Morgan Stanley’s and MSFL’s credit, and there may be limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering Trigger PLUS structured notes due July 22, 2032, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the S&P 500® Futures Excess Return Index, pay no interest and do not guarantee repayment of principal.
Each note has a $1,000 stated principal amount and an aggregate principal amount of $4,030,000. If the final index level on the July 19, 2032 observation date is above the initial level of 596.71, holders receive principal plus a leveraged upside payment equal to 249% of the index’s percentage gain. If the final level is at or below the initial level but at or above the downside threshold of 417.697 (70% of the initial level), holders receive only principal.
If the final level is below the downside threshold, repayment is reduced 1% for every 1% index decline, with no minimum payment, so the amount received could be zero. The estimated value on the pricing date is $962.10 per note, below the $1,000 issue price, reflecting structuring and hedging costs borne by investors. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $100,000 of Contingent Income Memory Auto-Callable Securities linked to Salesforce, Inc. common stock, at $1,000 stated principal per security.
Investors may receive a 13.50% per annum contingent coupon, paid only when Salesforce’s closing level on an observation date is at or above the coupon barrier level of $111.001 (65% of the $170.77 initial level). The notes are automatically redeemed at par plus due and unpaid coupons if, on any redemption determination date, the stock closes at or above the call threshold level of $170.77 (100% of the initial level.
If the notes are not called and the final level is at or above the downside threshold level of $111.001, investors receive principal back plus any contingent coupons. If the final level is below this threshold, repayment is reduced 1% for each 1% decline in the stock, potentially to zero. The notes are unsecured, subject to Morgan Stanley’s credit risk, have an estimated value of $956.70 per $1,000 security on the pricing date, may be illiquid, and carry complex and uncertain U.S. tax treatment, including potential withholding for non-U.S. holders.
Morgan Stanley Finance LLC is issuing Contingent Income Auto-Callable Securities due July 22, 2031, fully and unconditionally guaranteed by Morgan Stanley, with principal at risk. The notes are linked to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index and have a stated principal amount of $1,000 per security, with an aggregate principal amount of $823,000.
Investors may receive a contingent coupon at 7.70% per annum, payable only if on each observation date the closing level of each index is at or above its coupon barrier level, set at 70% of its initial level. The notes are auto-callable from July 19, 2027; if on any redemption determination date all indices are at or above their call threshold levels (100% of initial), investors receive the principal plus that period’s coupon and the notes terminate.
If not redeemed early, at maturity investors receive principal back only if the final level of each index is at or above its downside threshold (70% of initial). Otherwise, repayment is reduced 1% for every 1% decline of the worst performing index, potentially to zero. The estimated value on the pricing date is $940.60 per security, below the $1,000 issue price, reflecting fees, structuring and hedging costs. All payments are subject to Morgan Stanley’s and MSFL’s credit risk, with limited liquidity and complex, uncertain tax treatment, particularly for non-U.S. holders.
Morgan Stanley Finance LLC is offering Trigger Performance Leveraged Upside Securities (Trigger PLUS) due July 20, 2028, linked to the worst-performing of the Nasdaq-100 Index and the S&P 500 Index. Each note has a stated principal amount of $1,000 and pays no interest.
At maturity, if the final level of each index is above its initial level, holders receive $1,000 plus a leveraged upside payment equal to 114.50% of the appreciation of the worst-performing index. If either index is at or below its initial level but both stay at or above 70% of their initial levels, holders receive only $1,000. If either index finishes below its downside threshold level, repayment is reduced 1% for every 1% decline in the worst-performing index, with no minimum payment, so principal can be fully lost.
The issue price is $1,000 per security, with an aggregate principal amount of $230,000, and an estimated value on the pricing date of $974 per security. The notes are unsecured obligations of Morgan Stanley Finance LLC, fully and unconditionally guaranteed by Morgan Stanley, and all payments are subject to their credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Dual Directional Jump Securities linked to the S&P 500® Index with principal at risk. The notes are part of the Series A Global Medium-Term Notes program, have a $1,000 stated principal amount per security and a $7,500,000 aggregate principal amount, priced at $1,000 each.
The notes may be automatically redeemed on August 3, 2027 if on July 29, 2027 the index is at or above the call threshold level of 7,533.77, paying an early redemption amount of $1,100.50 per security. If not redeemed, at maturity on July 20, 2028 investors receive: upside leverage of 150% of index gains when the final level exceeds the initial level; a positive return equal to the absolute index decline (capped at a 20% gain) if the final level is between the initial level and the downside threshold of 6,027.016 (80% of initial); or a loss of 1% of principal for each 1% index decline below the downside threshold, potentially down to zero.
The estimated value on the pricing date is $981.70 per security, below the issue price, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s funding rate. The securities pay no interest, are unsecured obligations subject to Morgan Stanley’s credit risk, have limited liquidity, and carry complex U.S. federal income tax treatment described as prepaid financial contracts.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $543,000 of Trigger Jump Securities maturing July 22, 2031, linked to the worst performer of the Russell 2000 Index and the S&P 500 Futures Excess Return Index. The notes pay no interest and do not guarantee any return of principal.
At maturity, if both indices finish at or above their initial levels, holders receive $1,000 plus the greater of the index gain on the worst performer or a fixed upside payment of $747.50 per $1,000. If either index finishes below its initial level but both remain at or above 70% of their initial levels, holders receive only $1,000. If either falls below its 70% downside threshold, repayment is reduced 1% for each 1% decline in the worst performer, potentially to zero. The issue price is $1,000 with an estimated value of $970.90, and liquidity is expected to be limited to dealer markets. All payments are subject to the credit risk of MSFL and Morgan Stanley.