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 Callable Contingent Income Securities due January 27, 2028, fully and unconditionally guaranteed by Morgan Stanley, linked to the Russell 2000 Index and the State Street Technology Select Sector SPDR ETF. These are principal at risk notes with a stated principal amount of $1,000 per security.
Investors may receive a contingent coupon at 15.25% per annum, paid only if on each observation date the closing level of both underliers is at or above its coupon barrier (70% of its initial level). Beginning October 29, 2026, the issuer may redeem the notes on specified redemption dates at par plus any due coupon, but solely if a risk neutral valuation model indicates early redemption is economically rational for the issuer.
If the notes are not redeemed and on the final observation date the level of either underlier is below its downside threshold (70% of its initial level), the maturity payment is reduced 1% for each 1% decline of the worst performing underlier, potentially to zero; otherwise principal is repaid and the final coupon, if payable, is paid. The estimated value on the pricing date is approximately $987.70 per security, reflecting issuance, structuring and hedging costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering $6,400,000 of Digital Equity-Linked Notes due August 18, 2027, linked to the class A common stock of TPG Inc., fully and unconditionally guaranteed by Morgan Stanley. These unsecured notes pay no interest and expose investors to principal loss.
Each note has a $1,000 face amount and an initial underlier level of $44.16, with a threshold level at 80.00% of that value, or $35.328. At maturity, if the final underlier level is at least 80.00% of the initial level, investors receive a fixed Maximum Settlement Amount of $1,235.50 per note (123.55% of face). If the underlier has declined by more than 20.00%, the payoff is reduced by 1.25x the decline beyond this buffer, and investors can lose up to their entire investment.
The notes are issued at $1,000 with an estimated value on the trade date of $972.70, reflecting issuance, structuring and hedging costs. Morgan Stanley & Co. receives a 1.08% sales commission, and the issuer may hedge in the underlier and related instruments, which can affect pricing. The notes will not be listed, and any secondary market making by affiliates is discretionary.
Morgan Stanley Finance LLC is offering Contingent Income Memory Buffered Auto-Callable Securities due July 3, 2029, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. The notes are linked to the worst performance of the State Street SPDR S&P Metals & Mining ETF (XME) and the VanEck Gold Miners ETF (GDX) and are principal at risk.
Investors may receive a contingent coupon at an annual rate of 8.00% on scheduled coupon payment dates, but only if on the related observation date the closing level of each underlier is at or above its coupon barrier (50% of initial level). Missed coupons can be paid later if both underliers recover above their coupon barriers on a subsequent observation date.
The securities are subject to automatic early redemption beginning January 29, 2027 if both underliers are at or above their call thresholds (100% of initial levels), in which case investors receive principal plus applicable coupons and no further payments. If held to maturity and both final levels are at or above their buffer levels (85% of initial), investors receive full principal plus any contingent coupon; otherwise, repayment is reduced 1% for each 1% decline of the worst underlier beyond the 15% buffer, subject to a minimum payment at maturity of 15% of principal. The estimated value on the pricing date is approximately $950.80 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Dual Directional Trigger PLUS notes due July 26, 2029, linked to the worst performer of the Nasdaq-100 Index and the S&P 500 Index. Each security has a stated principal amount of $1,000 and pays no interest.
At maturity, investors receive upside exposure of 112% of any gain in the worst performing index. If that index finishes at or below its initial level but at or above 70% of its initial level, investors earn a positive “absolute return” on declines, capped at a 30% gain. If the worst performer ends below its 70% downside threshold, principal is lost 1% for each 1% decline, with no minimum payment, so the entire investment can be lost.
The estimated value on the pricing date is approximately $978.70 per $1,000 security, reflecting issuing, selling, structuring and hedging costs. All payments are unsecured obligations of MSFL, guaranteed on a pari passu basis by Morgan Stanley, and are subject to their credit risk. The notes are intended for fee-based advisory accounts willing to forgo interest and accept principal-at-risk exposure.
Morgan Stanley Finance LLC is offering principal-at-risk Step-Down Jump Securities, fully and unconditionally guaranteed by Morgan Stanley, linked to the worst performing of the Russell 2000 Index and the EURO STOXX 50 Index, maturing on July 29, 2031.
Each security has a $1,000 stated principal amount and may be automatically redeemed on scheduled determination dates if both indices are at or above their call threshold levels, for early redemption payments implying about 10.25% per annum, up to $1,512.50 per security.
If not redeemed early, payment at maturity depends on index performance: a fixed $1,512.50 per security if both final levels are at or above 95% of their initial levels; return of only principal if both are at or above 75% but below 95%; and a loss with the decline of the worst index below 75%, potentially reducing payment to zero. The estimated value on the pricing date is about $960.30 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Callable Contingent Income Memory Securities due July 25, 2030, linked to the worst performing of the iShares MSCI EAFE ETF, the Russell 2000 Index and the S&P 500 Index. Each $1,000 security may pay a contingent coupon at 7.70% per annum on scheduled coupon dates, but only if on the related observation date the closing level of each underlier is at or above its coupon barrier, set at 60% of its initial level; missed coupons can be paid later if a future observation meets the barriers.
Starting July 27, 2028, the issuer may redeem the notes on specified redemption dates if a risk neutral valuation model indicates calling is economically rational for Morgan Stanley. If not redeemed, at maturity investors receive principal back only if the final level of every underlier is at or above its 60% downside threshold; otherwise, the payoff is reduced 1% for each 1% decline of the worst underlier, potentially to zero, with no participation in any upside. The estimated value on the pricing date is approximately $977.10 per $1,000, reflecting issuance, structuring and hedging costs, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Contingent Income Buffered Auto-Callable Securities due August 3, 2029, linked to the iShares® Expanded Tech-Software Sector ETF and fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal and an original issue price of $1,000, with an estimated value on the pricing date of approximately $979.30 due to issuance, structuring and hedging costs.
Investors may receive a 10.35% per annum contingent coupon, paid only if the ETF’s closing level on an observation date is at or above a coupon barrier set at 70% of the initial level. The notes are automatically redeemed if, on any redemption determination date starting October 30, 2026, the ETF is at or above the 100% call threshold, paying principal plus the applicable coupon and then terminating.
If not called, at maturity holders receive principal back only if the final ETF level is at or above the 70% buffer level; below that, the payoff is reduced by 1.4286% of principal for every 1% decline beyond the 30% buffer, and can fall to zero. The securities are unsecured, subject to Morgan Stanley’s credit risk, may have limited secondary liquidity, and involve uncertain U.S. tax treatment, including potential withholding for non-U.S. investors.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering unsecured Jump Notes with an auto-callable feature maturing on July 31, 2031, linked to the worst performance among Alphabet Class A, Meta Class A and NVIDIA common stock. Each note has a $1,000 stated principal amount and pays no interest.
The notes are automatically redeemed on August 3, 2028 if on the August 1, 2028 determination date each underlier is at or above its call threshold, set at 90% of its initial level, for a fixed early redemption payment of $1,312.50 per note. If not redeemed early and, at maturity, the final level of each underlier is above its initial level, holders receive $1,000 plus an upside payment equal to 125% of the gain of the worst-performing underlier. If any underlier is at or below its initial level at maturity, only principal is repaid.
The estimated value on the pricing date is approximately $931.30 per note, reflecting issuance, selling, structuring and hedging costs borne by investors. All payments depend on Morgan Stanley’s credit; the notes are not listed, may have limited liquidity, are treated as contingent payment debt instruments for U.S. tax purposes, and expose investors to the price and volatility of the three underliers without any asset diversification benefit.
Morgan Stanley Finance LLC is offering principal-at-risk Callable Contingent Income Securities due February 2, 2029, fully and unconditionally guaranteed by Morgan Stanley, linked to the worst performer of the EURO STOXX 50® Index, the iShares® Expanded Tech-Software Sector ETF and the State Street® Real Estate Select Sector SPDR® ETF.
The notes have a stated principal amount and issue price of $1,000 per security and pay a contingent coupon of 11.50% per annum only when each underlier closes at or above its coupon barrier (set at 55% of its initial level) on the relevant observation date. Starting November 4, 2026, the issuer may redeem the notes early on specified redemption dates if a risk neutral valuation model indicates redemption is economically rational for Morgan Stanley.
If not redeemed early and if each underlier’s final level is at or above its downside threshold (also 55% of initial), investors receive their $1,000 principal plus any final coupon; otherwise, maturity payment is $1,000 multiplied by the performance factor of the worst performing underlier, exposing investors to loss of some or all principal. The estimated value on the pricing date is approximately $980.70 per security. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering principal-at-risk Buffered Jump Securities with an auto-call feature due August 2, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and issue price, with an estimated value on the pricing date of approximately $960.50.
The note is linked to the worst performing of the iShares Semiconductor ETF and the Nasdaq-100 Index. From August 4, 2027 onward, the securities are automatically redeemed on a determination date if the closing level of each underlier is at or above its call threshold, paying $1,235–$1,450.417 per security depending on the call date, corresponding to about 23.50% per annum$1,470 if both underliers finish at or above their call thresholds, the principal back if both remain at or above their 20% buffer levels, or a loss of 1% of principal for each 1% decline of the worst underlier beyond the 20% buffer, subject to a minimum payment of 20% of principal. The securities pay no interest, do not participate in any upside of the underliers, and all payments are subject to Morgan Stanley’s credit risk.