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 Lookback Entry Buffered Participation Securities due July 27, 2028, linked to the worst performer of the Invesco S&P 500® Equal Weight ETF and the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley, with principal at risk and no interest payments.
Each security has a $1,000 stated principal amount and 100% participation in any appreciation of the worst performing underlier, subject to a maximum payment at maturity of $1,262 per security (126.20% of principal). A 10% buffer applies: if the worst underlier’s final level is between 90% and 100% of its initial level, investors receive par; below 90%, they lose 1% of principal for each 1% further decline, but not less than 10% of principal. The initial levels are set as the lowest closing levels during a lookback period from July 22 to September 22, 2026, and the final level is measured on July 24, 2028.
The estimated value on the pricing date is approximately $970.30 per $1,000 security, reflecting issuance, selling, structuring and hedging costs borne by investors. All payments depend on Morgan Stanley’s credit; the notes are unsecured obligations, not bank deposits, and are not FDIC insured.
Morgan Stanley Finance LLC is offering $400,000 of Contingent Income Buffered Auto-Callable Securities due January 19, 2029, linked to the worst performing of the iShares Expanded Tech-Software ETF, iShares MSCI Emerging Markets ETF and the Russell 2000 Index, and fully guaranteed by Morgan Stanley.
The notes pay a contingent coupon at 10.25% per annum only if on each observation date all three underliers are at or above their coupon barrier levels, set at 70% of their initial levels; otherwise no coupon is paid for that period. Starting January 19, 2027, the notes are automatically redeemed at par plus the coupon if all underliers are at or above their call thresholds, set at 100% of initial levels.
If not called and at maturity every underlier is at or above its buffer level at 80% of initial, investors receive full principal back (plus any final coupon). If any underlier finishes below its buffer, repayment is reduced 1% for each 1% decline of the worst performer beyond the 20% buffer, but not below the minimum payment of 20% of principal. The notes are subject to issuer and guarantor credit risk, limited liquidity, complex tax treatment and an estimated value of $957.80 per $1,000 note, below the issue price.
Morgan Stanley Finance LLC is issuing Contingent Income Auto-Callable Securities due July 19, 2029, linked to the iShares® Expanded Tech-Software Sector ETF. Each security has a $1,000 stated principal amount and was priced at $1,000, for an aggregate principal amount of $1,990,000, and is fully and unconditionally guaranteed by Morgan Stanley.
Investors may receive a contingent coupon at 11.80% per annum, paid only if the ETF’s closing level is at or above the coupon barrier level of $65.59 (70% of the $93.70 initial level) on the relevant observation date. The notes are automatically callable on specified quarterly dates if the ETF is at or above the call threshold level of $93.70, in which case investors receive principal plus the applicable coupon and no further payments.
If not called, and the final ETF level on July 16, 2029 is at or above the downside threshold level of $65.59, investors receive full principal (plus any final coupon). If it is below that level, repayment is reduced in proportion to the ETF’s decline, and the payment can be zero. The securities are unsecured, subject to Morgan Stanley’s credit risk, have limited liquidity, an estimated value of $970.30 per $1,000 at pricing, and involve complex and uncertain U.S. tax and withholding treatment, particularly for non-U.S. holders.
Morgan Stanley Finance LLC is issuing $680,000 of Contingent Income Auto-Callable Securities due July 20, 2028, linked to the worst performer of Eli Lilly common stock and NVIDIA common stock, fully and unconditionally guaranteed by Morgan Stanley and issued at $1,000 per security.
Investors may receive a 20.10% per annum contingent coupon, paid only if on each observation date both underliers close at or above their coupon barrier levels of 60% of initial (LLY $701.502, NVDA $124.44). The notes auto-call at par plus coupon if on a redemption determination date both stocks are at or above 100% of initial (LLY $1,169.17, NVDA $207.40).
If not called and at maturity either underlier is below its downside threshold (also 60% of initial), repayment is reduced 1% for each 1% decline of the worst performer, down to zero. The estimated value on the pricing date is $982.90 per security, reflecting issuance and structuring costs, and all payments are subject to Morgan Stanley’s credit risk and significant liquidity and tax risks.
Morgan Stanley Finance LLC is issuing Contingent Income Memory Auto-Callable Securities due July 22, 2027, linked to the common stock of International Business Machines Corporation, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes have a stated principal amount of $1,000 per security and an aggregate principal amount of $380,000, issued at 100% of principal.
Investors may receive a contingent coupon at 19.28% per annum, payable only if IBM’s closing price on the relevant observation date is at or above the coupon barrier level of $147.84, with “memory” of previously unpaid coupons if later conditions are met. The notes are automatically callable on specified redemption determination dates if IBM’s closing price is at or above the call threshold of $211.20, returning principal plus the applicable coupon and any unpaid coupons.
If not called, at maturity investors receive principal only if the final IBM level is at or above the downside threshold of $147.84 (70% of the $211.20 initial level). If the final level is below the downside threshold, repayment is reduced in proportion to IBM’s decline and can be zero. The estimated value on the pricing date is $962.40 per security, reflecting issuing, selling, structuring and hedging costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Trigger PLUS notes due July 21, 2031 linked to the worst performer of the Nasdaq-100 Futures Excess Index and the S&P 500® Futures Excess Return Index. Each note has a $1,000 stated principal amount and is issued at $1,000, with an estimated value on the pricing date of $973.50.
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 283.80% of the appreciation of the worst performing index. If at least one index is at or below its initial level but both are at or above 60% of their initial levels, investors receive only the $1,000 principal. If either index finishes below its downside threshold (60% of its initial level), the payoff is $1,000 multiplied by the performance factor of the worst performer, with a 1% loss of principal per 1% decline, and the payment can be zero.
The initial level of the NDXNQER Index is 763.4694 and of the SPXFP Index is 603.07, with downside thresholds of 458.0816 and 361.842, respectively. The aggregate principal amount is $510,000. The notes pay no interest, have no principal guarantee, are unsecured obligations of MSFL, and all payments are subject to the credit risk of MSFL and Morgan Stanley. Liquidity may be limited, tax treatment is uncertain, and the product is intended for investors able to bear a potential total loss of principal.
Morgan Stanley Finance LLC is issuing Jump Securities with an auto-callable feature due July 19, 2029, fully and unconditionally guaranteed by Morgan Stanley, with an aggregate principal amount of $750,000 and a $1,000 stated principal amount per security.
The notes are linked to the worst performing of three underliers: the Dow Jones Industrial Average, the iShares MSCI EAFE ETF and the Nasdaq-100 Index. The initial levels equal their July 16, 2026 closing levels, and the call threshold levels are 100% of those initial levels. The downside threshold levels are set at 70% of the initial levels.
The securities pay no interest and do not guarantee principal. They may be automatically redeemed on scheduled determination dates starting January 19, 2027 if each underlier is at or above its call threshold, for early redemption payments corresponding to a return of approximately 11.00% per annum, ranging from $1,055.00 to $1,320.833 per security. If held to maturity and all final underlier levels are at or above their call thresholds, investors receive $1,330.00 per security; if any is between its call threshold and downside threshold, only principal is returned; if any is below its downside threshold, repayment is reduced in proportion to the decline of the worst underlier and can be zero. The estimated value on the pricing date is $957.30 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering $1,329,000 of Contingent Income Auto-Callable Securities due July 21, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the worst performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index and are principal-at-risk obligations.
Investors may receive a 7.80% per annum contingent coupon, paid only when on an observation date the closing level of each index is at or above its coupon barrier level, set at 70% of the initial level for each index. The notes are automatically callable at par plus any due coupon if on a redemption determination date all three indices are at or above their call threshold levels, equal to 100% of their initial levels. If not called and at maturity any index finishes below its downside threshold (70% of initial), the repayment is reduced 1% for each 1% decline of the worst-performing index, potentially to zero; there is no principal guarantee.
The issue price is $1,000 per security, with an estimated value on the pricing date of $952.00, reflecting structuring and distribution costs and Morgan Stanley’s internal pricing. 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 Jump Securities with an auto-callable feature linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, maturing July 21, 2032. Each security has a $1,000 stated principal amount and issue price, with an aggregate principal amount of $1,921,000.
The notes offer no principal protection and pay no interest. They may be automatically redeemed starting July 23, 2027 if the index closes at or above the call threshold of 1,320.26 on a determination date, for fixed early redemption payments that correspond to a return of about 30.50% per annum, ranging from $1,305 to $2,753.75 per security. If not called, at maturity investors receive $2,830 per security if the final index level is at or above the call threshold, the $1,000 principal if the final level is at or above the downside threshold of 660.13, and otherwise an amount proportional to the index decline, which can be zero.
The estimated value on the pricing date is $965.50 per security, below the issue price due to embedded costs and issuer economics. All payments depend on Morgan Stanley’s credit, the index’s performance, and there may be limited or no secondary market liquidity. Tax treatment is uncertain and discussed under a prepaid financial contract approach.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Trigger PLUS notes maturing July 19, 2029, linked to the worst performer of Mastercard Class A common stock and Microsoft common stock. Each security has a $1,000 stated principal amount and pays no interest.
At maturity, if the final level of each stock is above its initial level ($551.54 for Mastercard; $401.10 for Microsoft), holders receive $1,000 plus a leveraged upside equal to 260% of the worst performer’s price gain. If at least one stock is at or below its initial level but both remain at or above 70% of their initial levels (downside thresholds of $386.078 for Mastercard and $280.77 for Microsoft), holders receive only the $1,000 principal.
If either stock finishes below its downside threshold, repayment is reduced 1% for each 1% decline of the worst performer, with no minimum payment; the amount can be zero. The issue size is $392,000, priced at $1,000 per note, with an estimated value of $974.10 per security on the pricing date. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and the notes are characterized for U.S. tax purposes as prepaid financial contracts, with treatment subject to uncertainty.