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 Buffered Jump Securities with an auto-call feature, linked to the worst performing of the S&P 500 Index and the iShares Expanded Tech-Software Sector ETF. Each security has a $1,000 stated principal amount and is fully guaranteed by Morgan Stanley, with no periodic interest.
The notes may be automatically redeemed on scheduled determination dates if the closing level of each underlier is at or above its call threshold (100% of initial level), paying early redemption amounts of $1,165 in 2027 or $1,330 in 2028, corresponding to roughly 16.50% per annum, after which no further payments are made. If held to maturity on July 26, 2029 and both final underlier levels are at or above their call thresholds, investors receive $1,495 per security.
If either final underlier is below its call threshold but both are at or above the 80% buffer level, only principal is returned. If either finishes below its buffer, repayment is reduced 1% for each 1% decline of the worst underlier beyond the 20% buffer, subject to a minimum payment of 20% of principal, so a substantial loss of capital is possible. The estimated value on the pricing date is approximately $979.80 per security, reflecting issuance, structuring and hedging costs, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities, unsecured structured notes linked to the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount, pay no interest and do not guarantee any return of principal.
At maturity on August 4, 2027, if the S&P 500 final level is at or above the buffer level of 5,966.152 (80% of the 7,457.69 initial level), investors receive $1,000 plus a fixed upside payment of $67.50 per note (6.75%). If the final level is below the buffer level, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment, so the entire investment can be lost.
The estimated value on the pricing date is approximately $985.80 per note, reflecting issuance, selling, structuring and hedging costs and Morgan Stanley’s funding rate. The notes are subject to the credit risk of MSFL and Morgan Stanley, limited liquidity, potential conflicts of interest, complex U.S. tax treatment and possible future changes to tax rules, including Section 871(m).
Morgan Stanley Finance LLC is offering Performance Leveraged Upside Securities (PLUS), unsecured notes fully and unconditionally guaranteed by Morgan Stanley, maturing July 23, 2029. Each security has a stated principal amount of $1,000 and pays no interest, with principal at risk.
The notes are linked to the worst performing of three ETFs: Invesco QQQ Trust, Series 1, iShares Semiconductor ETF and State Street Technology Select Sector SPDR ETF. If on the observation date the final level of each underlier exceeds its initial level, investors receive $1,000 plus a leveraged upside payment equal to 230% of the appreciation of the worst performing underlier. If any underlier finishes at or below its initial level, the maturity payment equals $1,000 multiplied by the performance factor of the worst performer, resulting in a 1% loss of principal for each 1% decline, with no minimum; the payment can be zero.
Initial levels are $697.75 for QQQ, $524.10 for SOXX and $176.50 for XLK, with an estimated value on the pricing date of approximately $971.80 per $1,000 security. The securities are intended for investors willing to forgo income, accept concentrated technology and semiconductor sector exposure, rely on Morgan Stanley’s credit and hold to maturity despite limited or no secondary market liquidity and uncertain tax treatment.
Morgan Stanley Finance LLC is offering Contingent Income Memory Auto-Callable Securities due August 4, 2027, linked to Wells Fargo & Company common stock and fully guaranteed by Morgan Stanley. These are principal-at-risk structured notes with a stated principal amount of $1,000 per security.
Investors may receive a 10.00% per annum contingent coupon, payable only when the Wells Fargo closing level is at or above the coupon barrier level of $57.354 (65.54% of the initial level) on observation dates; unpaid coupons can be paid later if the barrier is met. The notes are automatically redeemed if the stock closes at or above the call threshold level of $87.51 (100% of the initial level) on specified redemption determination dates, returning principal plus applicable coupons.
If not called and the final average stock level is at or above the downside threshold of $57.354, principal is repaid; if below, repayment is stated principal × (final level / initial level), exposing investors to full downside and potential total loss. The estimated value on the pricing date is approximately $983.90 per $1,000, reflecting embedded costs and issuer credit spreads, and all payments depend on Morgan Stanley’s creditworthiness.
Morgan Stanley Finance LLC is offering principal-at-risk Jump Securities with an auto-call feature maturing July 20, 2028, linked to the worst performer of Broadcom Inc. (AVGO) and NVIDIA Corporation (NVDA) common stock, 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 $979.60. A fixed early redemption payment of $1,545.10 per security is made if, on July 30, 2027, both AVGO and NVDA close at or above their call thresholds, which equal their initial levels of $370.825 for AVGO and $202.81 for NVDA. If called, no further payments are made.
If not called, at maturity investors receive principal plus a 300% participation in the gain of the worst-performing stock if both final levels exceed initial levels; principal only if both remain at or above downside thresholds (60% of initial levels); and a loss matching the full decline of the worst performer if either finishes below its downside threshold, potentially reducing the payment to zero. The securities pay no interest, are unsecured, subject to Morgan Stanley’s credit risk, include $15 per security in placement fees, may be illiquid, and have uncertain U.S. tax treatment described as prepaid financial contracts.
Morgan Stanley Finance LLC is offering $1,000,000 of Trigger Participation Securities due July 20, 2028, linked to the performance of copper and fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest and is a senior unsecured, principal-at-risk security.
At maturity, investors receive: full principal plus 100% of copper’s upside if the final commodity price exceeds the $13,555 initial price; par if the final price is at or below the initial price but at or above the $8,959.855 trigger level (66.10% of the initial price); or $1,000 × the commodity performance factor if the final price is below the trigger, exposing investors to losses matching the full percentage decline, up to a total loss. The estimated value on the pricing date is $971.40 per note, below the issue price, reflecting embedded costs and issuer economics. All payments depend on the credit of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering $1,300,000 of Contingent Income Memory Auto-Callable Notes due June 17, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 principal amount and is linked to the worst performer of Dell Technologies Class C, Tesla, Micron Technology and Qualcomm common stocks.
The notes pay a 10.00% per annum contingent coupon, only if on a monthly observation date the closing level of each stock is at or above its coupon barrier, set at 80% of its initial level. Missed coupons can be “remembered” and paid later if all stocks again meet the barrier, but may be lost entirely if any stock stays below its barrier through maturity.
Starting with the June 14, 2027 determination date, the notes are automatically redeemed if all stocks are at or above 100% of their initial levels, paying principal plus the current and any previously unpaid coupons. If never auto-called, investors receive full principal at maturity, but may have received few or no coupons. The estimated value on the pricing date is $936.00 per note, below the $1,000 issue price, and all payments depend on Morgan Stanley’s credit; the notes are unsecured, unlisted, and may have limited liquidity.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities with a stated principal amount of $1,000 per security, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes mature on August 2, 2029 and are linked to the worst performing of the S&P 500 Index, the State Street SPDR S&P Regional Banking ETF and the State Street Technology Select Sector SPDR ETF.
The notes pay a 12.40% per annum contingent coupon, only if on each observation date all three underliers are at or above their coupon barrier levels, set at 70% of initial level. If any underlier is below its barrier on an observation date, no coupon is paid for that period. Beginning on February 3, 2027, the issuer may redeem the notes on specified dates if a risk neutral valuation model indicates early redemption is economically rational for Morgan Stanley, paying principal plus any due coupon.
If the notes are not redeemed and on the final observation date each underlier is at or above its downside threshold level, set at 60% of initial level, investors receive principal back plus any final coupon. If any underlier finishes below its downside threshold, repayment is reduced in proportion to the decline of the worst performer and can fall to zero. The estimated value on the pricing date is approximately $951.90 per security, below the $1,000 issue price, reflecting issuance, selling, structuring and hedging costs. All payments are subject to Morgan Stanley’s and MSFL’s credit risk.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due September 3, 2027, fully and unconditionally guaranteed by Morgan Stanley, with a $1,000 stated principal amount and issue price per security. The notes are linked to the worst performing of the Dow Jones Industrial Average℠ and the State Street® SPDR® S&P 500® ETF Trust.
Investors may receive a contingent coupon at 8.25% per annum, paid only if on each observation date both underliers are at or above 75% of their initial levels. The notes are automatically redeemed if, on a redemption determination date, both underliers are at or above 100% of their initial levels, paying principal plus the contingent coupon.
If not called and at maturity either underlier is below its 75% downside threshold, the repayment of principal is reduced 1% for each 1% decline of the worst underlier, potentially to zero. The securities are unsecured, subject to Morgan Stanley’s credit risk, and have an estimated value of approximately $984.80 per $1,000 on the pricing date.
Morgan Stanley Finance LLC, guaranteed by Morgan Stanley, is offering contingent income auto-callable securities due September 3, 2027 linked to the worst performer of the S&P 500 Index and the State Street Technology Select Sector SPDR ETF. The notes pay a 13.00% per annum contingent coupon only if on each observation date both underliers are at or above their coupon barrier levels, set at 70% of their initial levels. The securities may be automatically redeemed quarterly from January 29, 2027 onward if both underliers are at or above their 100% call threshold levels, paying principal plus the relevant coupon.
If the notes are not called and on the final observation date either underlier is below its downside threshold (also 70% of its initial level), the repayment is reduced 1% for every 1% decline of the worst underlier, potentially to zero; there is no principal protection and no participation in upside. The issue price is $1,000 per security, while the estimated value on the pricing date is approximately $984.80, reflecting issuance and hedging costs borne by investors. All payments are subject to Morgan Stanley’s credit risk, and the XLK exposure adds concentration risk to the technology sector. U.S. tax treatment is uncertain and may subject non-U.S. holders to 30% withholding on coupons.