MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC is offering principal-at-risk notes linked to the S&P 500® Futures Excess Return Index due July 1, 2030. Each security has a stated principal amount of $1,000, an upfront issue price of $1,000 and an estimated value on the pricing date of $988.20. At maturity investors receive the stated principal plus a fixed upside payment of $343.50 if the final level is greater than or equal to the buffer level, or a reduced payment tied to the index performance below the buffer (a 25% buffer applies). The securities do not pay interest, are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley; all payments are subject to issuer credit risk.

Morgan Stanley Finance LLC priced Principal at Risk Auto-Callable Securities linked to Marvell Technology common stock. The offering is $200,000 aggregate at $1,000 per security, with a stated principal of $1,000 and an estimated value of $984.50 on the pricing date. The notes pay a fixed coupon of 19.20% per annum monthly and can be automatically redeemed early if the underlier meets the call threshold of $281.26 on any redemption determination date. At maturity, if the final level is below the downside threshold of $168.756 (60% of initial level), investors’ principal is reduced proportionally (performance factor = final level/initial level). All payments are subject to the issuer’s and guarantor’s credit risk.

Morgan Stanley Finance LLC priced $1,291,000 of 1-year structured Principal at Risk securities tied to the worst performing of the Nasdaq-100 Technology Sector, Russell 2000 and S&P 500 indices. Each security has a stated principal amount of $1,000 and an issue price of $1,000.

The securities pay no interest and provide a fixed $147.50 upside payment (14.75%) if the worst performing underlier finishes at or above its buffer level (85% of its initial level). If the worst performing underlier finishes below its buffer, investors lose 1% of principal for each 1% decline beyond the 15% buffer, subject to a 15% minimum payment at maturity. Estimated value on the pricing date was $988.80 per security; all payments are subject to Morgan Stanley and MSFL credit risk.

Morgan Stanley Finance LLC is offering principal-at-risk, contingent income auto-callable securities with a stated principal amount of $1,000 per security. The notes pay a contingent coupon at an annual rate of 10.00% only when both underliers meet coupon barrier tests and can auto-redeem early if call thresholds are met. Key dates: strike/pricing date: July 28, 2026, original issue date: July 31, 2026, final observation date October 28, 2027 and maturity: November 2, 2027. Coupons and principal are exposed to the worst-performing underlier (Nasdaq-100® Technology Sector and Russell 2000®), coupon and downside barriers are 75% of initial levels, and call thresholds are 100% of initial levels. The estimated value on the pricing date is approximately $953.90 per security; all payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC priced principal-at-risk, market-linked securities tied to the Global X Copper Miners ETF that mature on July 15, 2027. Each security has a $1,000 face amount and offers a contingent fixed return of 23.60% ($236) if the underlying’s fund closing price on the calculation day is at or above the threshold price of $57.135 (75% of the starting price). If the ending price is below the threshold, the payout is 1-for-1 to the underlying return and investors may lose more than 25%, and possibly all, of their principal. The estimated value on the pricing date was $961.10 per security and the price to public was $1,000 per security; aggregate offering amounts and commissions are shown in the tables.

Morgan Stanley Finance LLC is offering structured, market-linked notes due August 5, 2030, fully guaranteed by Morgan Stanley, linked to the EURO STOXX 50® Index. Each note has a stated principal amount of $1,000 and an issue price of $1,000. At maturity, if the final level exceeds the initial level, holders receive the stated principal plus an upside payment equal to 110% of the underlier’s appreciation; if not, holders receive only the stated principal. The notes pay no interest, are unsecured, will not be listed, and are subject to Morgan Stanley’s credit risk. The pricing/strike and observation date is July 31, 2026, the original issue date is August 5, 2026, and the observation/measurement date is July 31, 2030. The issuer estimates the notes’ value on the pricing date at approximately $966.70 per note.

Morgan Stanley Finance LLC priced an offering of auto-callable, principal-at-risk market-linked securities linked to the lowest performing of the S&P 500® Index and the Dow Jones Industrial Average, maturing July 1, 2030. The aggregate face amount is $3,053,000 with a face amount of $1,000 per security and an estimated value on the pricing date of $960.40 per security.

The securities pay specified cash call payments on quarterly calculation days beginning July 1, 2027, with call payments ranging from $1,090.00 to $1,360.00. If not called, maturity payments depend on the ending levels; a decline of more than 25% in the lowest performing underlying versus its starting level exposes holders to loss of principal. Starting levels were SPX 7,354.02 and INDU 51,876.11; threshold levels equal 75% of those starting levels.

Morgan Stanley Finance LLC is offering structured notes called Trigger PLUS due August 5, 2030, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays at maturity based on the performance of the worst performing of the Dow Jones Industrial Average and the S&P 500.

If both underliers finish above their initial levels, investors receive principal plus a 128% leverage payment on the appreciation of the worst performing underlier. If either underlier finishes below its downside threshold (70% of its initial level), investors suffer proportional principal losses (1% loss in principal for each 1% decline of the worst performing underlier). The estimated value on the pricing date is approximately $965.80 per security.

Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering Trigger PLUS notes linked to the worst performing of the Dow Jones Industrial Average and the S&P 500 with a $1,000 stated principal per security and a maturity date of August 1, 2030. The notes provide 115% leveraged upside on appreciation of the worst performing underlier but expose investors to full principal loss if the worst performing underlier falls below 70% of its initial level on the observation date. The original issue price is $1,000 and the estimated value on the pricing date is approximately $944.10. All payments are subject to Morgan Stanley Finance LLC and Morgan Stanley credit risk; market value prior to maturity will reflect credit spreads, hedging costs and model assumptions.