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 Step-Down Jump Securities with an auto-callable feature, fully guaranteed by Morgan Stanley, with an aggregate principal amount of $798,000 at $1,000 per security. The notes are linked to the worst performer of the iShares Russell 2000 ETF and the S&P 500 Index and pay no interest.
The securities may be automatically redeemed starting July 26, 2027 if each underlier meets its call threshold, for early redemption payments of $1,106.50 or $1,213.00 per security, corresponding to an annualized return of approximately 10.65%. If not called and at maturity both underliers are at or above their upside thresholds (90% of initial levels), investors receive $1,319.50 per security; if both stay above their downside thresholds (70% of initial levels), only principal is returned.
If at maturity either underlier finishes below its downside threshold, the payoff is $1,000 × the performance factor of the worst underlier, exposing investors to 1% loss of principal for each 1% decline and potentially total loss. The estimated value on the pricing date is $968.30 per security, below issue price, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering $1,339,000 of Contingent Income Memory Auto-Callable Securities due July 20, 2028, linked to the common stock of Oracle Corporation and fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk securities have a stated principal amount of $1,000 per security and an issue price of $1,000 per security.
The notes pay a contingent coupon at 18.50% per annum, but only when the Oracle closing price on an observation date is at or above the coupon barrier level of $75.846, with unpaid coupons potentially paid later if the barrier is subsequently met. The securities are automatically redeemed if, on any redemption determination date starting January 19, 2027, the underlier is at or above the call threshold level of $126.41, returning principal plus the applicable coupons.
If the notes are not called and the final Oracle level on July 17, 2028 is at or above the downside threshold level of $75.846, investors receive full principal plus any due contingent coupons. If the final level is below the downside threshold, repayment is reduced in proportion to the decline (final level divided by the initial level of $126.41), and the maturity payment can be significantly less than principal or zero. All payments depend on Morgan Stanley’s credit, and the estimated value on the pricing date is $929.50 per security, below the issue price, reflecting issuance, selling, structuring and hedging costs.
Morgan Stanley Finance LLC is offering Contingent Income Memory Buffered Auto-Callable Securities maturing August 4, 2027, based on the common stock of Microsoft Corporation. Each security has a $1,000 stated principal amount, with an aggregate principal of $7,775,000, and is fully and unconditionally guaranteed by Morgan Stanley.
The notes pay a contingent coupon at 18.64% per annum, but only if Microsoft’s closing level on an observation date is at or above the coupon barrier level of $334.747 (85% of the initial level of $393.82). Missed coupons may be paid later if the barrier is met on a subsequent observation date. The notes are auto-callable if Microsoft’s stock is at or above the call threshold of $393.82 on specified redemption determination dates, in which case investors receive principal plus the applicable coupons and no further payments.
If not called, at maturity investors receive principal back only if the final level is at or above the buffer level of $334.747. Below that level, the payoff is reduced by 1.1765% of principal for each 1% decline beyond the 15% buffer, with no minimum payment at maturity, so the entire investment can be lost. The estimated value on the pricing date is $987.10 per security, reflecting issuance, selling, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC is offering Buffered PLUS notes, fully guaranteed by Morgan Stanley, that pay no interest and return a maturity amount based on a basket of ten equally weighted stocks, largely in semiconductors, defense and digital infrastructure.
Each security has a $1,000 stated principal amount and offers 110% leveraged upside on any positive basket performance, but the payout is capped at a maximum of $2,000 per security. If the basket’s final level is at or above the initial level, investors receive principal plus the leveraged upside (subject to the cap). If the final level is between the 85% buffer level and the initial level, only principal is returned.
If the basket falls below the buffer, investors lose 1% of principal for each 1% decline beyond the 15% buffer, but not below a minimum payment of 15% of principal. The estimated value on the pricing date is approximately $903.90 per $1,000 note, reflecting issuance and hedging costs. The notes carry full credit risk of Morgan Stanley, may have limited or no secondary market, and involve complex tax and underlier risks, including exposure to a recently listed Space Exploration Technologies Corp. stock.
Morgan Stanley Finance LLC is offering fixed-income auto-callable securities due July 21, 2031, fully and unconditionally guaranteed by Morgan Stanley, with principal at risk. The notes pay a fixed 8.00% annual coupon, paid monthly, regardless of index performance, so long as the issuer remains solvent.
The return of principal depends on the S&P® 500 Futures 40% Intraday 4% Decrement VT Index. The notes are subject to automatic early redemption if the index closes at or above the call threshold of 3,504.76 (100% of the initial level) on any monthly determination date, in which case investors receive $1,000 plus the coupon and no further payments.
If held to maturity without early redemption and the final index level is at or above the downside threshold of 2,102.856 (60% of the initial level), investors receive the full $1,000 principal plus the final coupon. If the final level is below the downside threshold, repayment of principal is reduced 1% for every 1% index decline, potentially to zero, although the final coupon is still paid. The aggregate principal amount is $1,118,000 at an issue price of $1,000 per note, with an estimated value on the pricing date of $912.20 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Contingent Income Memory Auto-Callable Securities due January 21, 2028, fully and unconditionally guaranteed by Morgan Stanley, with aggregate principal of $16,672,000 and a price of $1,000 per security. The notes are linked to the common stock of NVIDIA Corporation and are principal-at-risk obligations.
Investors may receive a contingent coupon at 11.92% per annum, paid on scheduled dates only if NVIDIA’s closing level on the related observation date is at or above the coupon barrier level of $114.07, equal to 55% of the initial level of $207.40. Missed coupons can be paid later if the barrier is subsequently met, but may be lost entirely.
The notes are subject to automatic early redemption on specified determination dates if NVIDIA’s closing level is at or above the call threshold of $207.40 (100% of the initial level), in which case investors receive principal plus the current and any unpaid coupons, and the investment ends. If held to maturity and the final level is at or above the downside threshold of $114.07, investors receive full principal (plus any due coupons). If the final level is below this threshold, the maturity payment is $1,000 × (final level / initial level), exposing investors to the full downside of the stock and potentially a total loss. All payments depend on Morgan Stanley’s credit, and the estimated value on the pricing date is $979.20 per security, below the issue price.
Morgan Stanley Finance LLC, fully and unconditionally guaranteed by Morgan Stanley, is offering auto-callable structured notes linked to the Morgan Stanley Amplitude Index. Each note has a $1,000 stated principal amount, issue price of $1,000 and aggregate principal of $100,000.
The notes pay no interest and return at least principal at maturity, subject to issuer and guarantor credit. The notes are automatically redeemed if, on any determination date starting July 16, 2027, the Index closing level is at or above the 207.89 call threshold. Early redemption payments step up annually from $1,107.50 to $1,645.00 per note, corresponding to roughly 10.75% per annum. If not redeemed and the final Index level on the July 19, 2033 observation date exceeds the initial level of 205.83, investors receive principal plus 100% of the Index’s price gain; otherwise they receive only principal.
The notes are unsecured, unsubordinated obligations of MSFL, not listed on any exchange, and have an estimated value on the pricing date of $897.90 per note, below the issue price due to embedded costs and dealer compensation.
Morgan Stanley Finance LLC is issuing $291,000 of Contingent Income Auto-Callable Notes due July 21, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured and linked to the worst performing of Costco, JPMorgan Chase and Microsoft common stocks.
Each $1,000 note may pay a contingent coupon at an annual rate of 7.60%, but only if on each monthly observation date all three stocks close at or above their coupon barrier levels, set at 75% of their initial levels ($709.178 for COST, $257.363 for JPM, $300.825 for MSFT). Beginning July 16, 2027, the notes are automatically redeemed if on a redemption determination date all three stocks are at or above their call threshold levels, equal to 100% of initial ($945.57, $343.15, $401.10), paying principal plus the applicable coupon.
If not redeemed early, investors receive the stated principal amount at maturity, plus the final contingent coupon if all underliers are at or above their coupon barriers. Investors do not participate in any stock appreciation. The estimated value on the pricing date is $968.70 per note, below the $1,000 issue price, reflecting issuance, structuring and hedging costs. Secondary market liquidity may be limited, and all payments depend on Morgan Stanley’s credit. The issuer expects to treat the notes as variable rate debt instruments for U.S. federal income tax purposes, though alternative treatment is possible.
Morgan Stanley Finance LLC is offering $716,000 of Contingent Income Auto-Callable Notes, fully and unconditionally guaranteed by Morgan Stanley, at $1,000 per note. The notes pay a 10.10% per annum contingent coupon only if, on each monthly observation date, the common stocks of Broadcom, JPMorgan Chase and Microsoft all close at or above their respective coupon barrier levels, set at 75% of their initial levels.
The notes are automatically redeemed at par plus the applicable coupon if, on any monthly redemption determination date from July 16, 2027 onward, each stock is at or above its 100% call threshold level. If not redeemed early, investors receive the $1,000 principal at maturity, plus the final coupon if all underliers are at or above their barriers. The notes do not participate in any stock price appreciation.
Initial levels are $374.45 for AVGO, $343.15 for JPM and $401.10 for MSFT. The issuer’s estimated value is $967.60 per note, below the issue price, reflecting issuance, structuring and hedging costs. Payments depend entirely on Morgan Stanley’s credit, and the notes will not be listed, so secondary market liquidity may be limited.
Morgan Stanley Finance LLC is issuing Contingent Income Auto-Callable Notes due July 21, 2031, fully and unconditionally guaranteed by Morgan Stanley, in an aggregate principal amount of $505,000 at $1,000 per note.
The notes pay a contingent coupon at 8.30% per annum, but only if on each monthly observation date the Alphabet, JPMorgan Chase and Microsoft shares are all at or above their respective coupon barrier levels, set at 75% of their initial levels. If on any observation date at least one stock is below its barrier, no coupon is paid for that period.
The notes are automatically redeemed at par plus the applicable coupon if, on any redemption determination date from July 16, 2027 onward, all three stocks are at or above their call threshold levels (100% of initial). If not redeemed earlier, holders receive the stated principal amount at maturity, plus the final coupon if all underliers are at or above their barriers on the final observation date. Returns are based on the worst-performing stock; investors do not participate in any price appreciation.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, with an estimated value of $968.70 per note on the pricing date. They will not be listed on any securities exchange, and all payments are subject to the credit risk of MSFL and Morgan Stanley.