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 Contingent Income Auto-Callable Securities due June 26, 2028, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. The notes are linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 Index® and Russell 2000® Index and are principal-at-risk.
Investors may receive a contingent coupon at 9.15% per annum on scheduled coupon payment dates, but only if on each observation date all three indices close at or above their 70% coupon barrier levels. The notes are automatically redeemed at par plus the contingent coupon if, on any redemption determination date starting October 21, 2026, all indices are at or above their 100% call threshold levels.
If the notes are not called and on the final observation date any index closes below its 60% downside threshold level, repayment of principal is reduced 1% for every 1% decline in the worst-performing index, potentially to $0. The estimated value on the pricing date is approximately $983.40 per $1,000, and all payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due January 25, 2027, linked to the common stock of Marvell Technology, Inc., fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes are issued at $1,000 per security and pay a contingent coupon at an annual rate of 34.10% only if, on each observation date, the Marvell share price is at or above a coupon barrier set at 50% of the initial level.
The notes are automatically called if, on any redemption determination date from October to December 2026, the stock closes at or above a call threshold equal to 100% of the initial level, in which case investors receive the principal plus the applicable coupon and no further payments. If the notes are not called and at maturity the final level is at or above the downside threshold (50% of the initial level), investors receive principal back plus any final contingent coupon. If the final level is below the downside threshold, the payoff is stated principal amount × (final level / initial level), resulting in a 1-for-1 loss with the stock’s decline and potentially a total loss of principal.
The estimated value on the pricing date is approximately $977.40 per security, below the issue price, reflecting structuring and hedging costs borne by investors. The securities are unsecured obligations subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, may be illiquid, and have uncertain and potentially adverse U.S. federal income tax treatment, including possible 30% withholding on coupons for certain non-U.S. holders.
Morgan Stanley Finance LLC is offering Capped Leveraged Buffered Basket-Linked Notes, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 Face Amount, pays no interest and exposes holders to principal at risk based on a weighted equity basket of five foreign indices.
The payoff at maturity depends on basket performance from the trade date to a determination date roughly 17–20 months later. Investors receive 150% of any positive basket return, capped at a Maximum Settlement Amount expected between $1,331.65 and $1,389.10 per $1,000. If the basket ends between 95.00% and 100% of its initial level, investors receive back $1,000. Below the 95.00% Buffer Level, losses accelerate at a Buffer Rate of approximately 105.26%, and up to 100% of principal can be lost.
The issuer’s estimated value on the trade date is $981.70 per note, reflecting structuring and hedging costs and an internal funding rate that is favorable to the issuer. Notes are unsecured obligations subject to Morgan Stanley’s credit risk, will not be listed on any exchange, and may have limited or no secondary market, with MS & Co. not obligated to make a market.
Morgan Stanley Finance LLC is offering Structured Investments Buffered Jump Securities with an auto-callable feature, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and is linked to the performance of the S&P 500® Index. The notes pay no interest and are unsecured, principal-at-risk obligations.
The securities may be automatically redeemed on August 11, 2027 if, on August 6, 2027, the index is at or above the call threshold (100% of the initial level), in which case holders receive a fixed early redemption payment of $1,096.50 per security and no further payments. If held to maturity on August 3, 2028 and not previously redeemed, investors receive: the principal plus an upside payment equal to 125% of any index gain if the final level exceeds the initial level; only principal back if the final level is between the buffer level (90% of initial) and the initial level; or a loss of 1% of principal for each 1% index decline beyond the 10% buffer, subject to a minimum payment at maturity of 10% of principal.
The estimated value on the pricing date is approximately $975.90 per security, lower than the $1,000 issue price due to issuing, selling, structuring and hedging costs and the issuer’s funding rate. All payments depend on the credit of MSFL and Morgan Stanley; the securities are not bank deposits and are not FDIC-insured. U.S. federal income tax treatment is uncertain, and the issuer expects to treat the notes as prepaid financial contracts that are open transactions.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Notes due July 31, 2031, fully and unconditionally guaranteed by Morgan Stanley, at $1,000 stated principal per note. The notes pay a contingent coupon at 10.75% per annum, but only if on each monthly observation date the closing level of every underlier — Broadcom Inc., JPMorgan Chase & Co. and Microsoft Corporation common stock — is at or above its coupon barrier, set at 75% of its initial level.
The notes are automatically redeemed at par plus the contingent coupon if, on any redemption determination date starting July 28, 2027, all underliers are at or above their 100% call threshold. If not previously redeemed, at maturity investors receive the stated principal amount, plus the final contingent coupon only if all underliers are at or above their coupon barriers on the final observation date. Investors do not participate in any stock price appreciation, and the payoff is based on the worst-performing underlier.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and all payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is approximately $972.80 per note, reflecting issuance, structuring and hedging costs. The notes will not be listed, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC is offering Enhanced Trigger Jump Securities, principal-at-risk notes linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and does not guarantee return of principal.
At maturity on August 4, 2031, if the index’s final level is at or above 75% of the initial level, investors receive $1,000 plus the greater of (i) $1,000 multiplied by the underlier percent change and (ii) a fixed upside payment of $395 per security. If the final level is below the downside threshold, investors lose 1% of principal for each 1% decline in the index, with no minimum payment; the entire investment can be lost.
The issue price is $1,000 per security, including a $30 sales commission and related costs, with an estimated value of approximately $956.30 on the pricing date. 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 is offering Jump Securities with Auto-Callable Feature due July 26, 2029, unsecured principal-at-risk notes 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 $956.20.
The notes are linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index. They pay no interest and do not guarantee repayment of principal. Beginning with the first determination date on July 30, 2027, the notes auto-call if each index is at or above its call threshold (100% of its initial level), for fixed early redemption payments of $1,170 or $1,340 per security on the scheduled early redemption dates, corresponding to returns of approximately 17.00% per annum.
If not redeemed early, payment at maturity depends on index performance: investors receive principal plus an upside payment equal to 150% of the gain of the worst index if all final levels exceed initial levels; principal only if each final level is at or above its 70% downside threshold level; or a loss of 1% of principal for each 1% decline of the worst index if any final level is below its downside threshold, potentially reducing the payment to zero. All payments are subject to Morgan Stanley’s credit risk, and the securities may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Dual Directional Auto-Callable Trigger PLUS notes linked to the Class A common stock of Space Exploration Technologies Corp. Each security has a $1,000 stated principal amount, pays no interest and is subject to full principal loss.
The notes may be automatically redeemed on August 12, 2027 if the underlying stock’s determination closing price on August 9, 2027 is at or above the initial share price, paying an early redemption amount of $1,465 per $1,000 security. If not called, at maturity on August 3, 2028 holders receive: leveraged upside at 150% of positive stock performance when the final share price is at or above the initial share price; an absolute return on declines when the final share price is below the initial share price but at or above the 60% downside threshold level; or a 1-for-1 loss below that threshold, potentially reducing the payment to zero.
The estimated value on the pricing date is approximately $949.90 per security, reflecting issuance, structuring and hedging costs. The notes are unsecured obligations of MSFL, subject to Morgan Stanley’s guarantee and the credit risk of both entities, and investors forgo dividends and other rights in the underlying stock.
Morgan Stanley Finance LLC is offering Buffer Autocallable GEARS, unsecured notes linked to the Russell 2000® Index, fully and unconditionally guaranteed by Morgan Stanley. Each Security has a $10 issue price and a 3‑year term, with an 11.00% Call Return if the index on the August 4, 2027 Observation Date is at or above the Autocall Barrier of 100% of the Initial Level, triggering automatic redemption at $11.10 per Security.
If not called and the index is above the Initial Level at maturity, investors receive $10 plus leveraged upside using an Upside Gearing between 1.41 and 1.61. If the index is flat or down but at or above the Downside Threshold of 90% of the Initial Level, $10 is repaid. Below the Downside Threshold, principal is reduced 1% for each 1% decline beyond the 10% Buffer, with up to a 90% loss of principal.
The notes pay no interest and do not provide dividends on Russell 2000® stocks. The estimated value on the trade date is approximately $9.649 per Security versus the $10 issue price, reflecting structuring and hedging costs and Morgan Stanley’s funding rate. Liquidity is not assured; any secondary market would be made, if at all, by Morgan Stanley & Co. on a discretionary basis. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due July 27, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and is linked to the worst performer of the S&P 500 Index, the State Street SPDR S&P Regional Banking ETF (KRE) and the State Street Technology Select Sector SPDR ETF (XLK).
Investors may receive a contingent coupon at 12.40% per annum, paid only if on each observation date the closing level of all three underliers is at or above its coupon barrier, set at 70% of initial level. If any underlier is below its barrier on an observation date, no coupon is paid for that period. The notes are callable in whole on specified redemption dates if a risk neutral valuation model indicates early redemption is economically rational for Morgan Stanley; if called, investors receive principal plus any due coupon and no further payments.
At maturity, if not redeemed and each underlier is at or above its downside threshold (60% of initial level), investors receive $1,000 plus any final coupon. If any underlier is below its downside threshold, repayment is reduced proportionally to the worst performer and can fall to zero. The estimated value on the pricing date is approximately $956.10 per $1,000 security, reflecting issuance, selling, structuring and hedging costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.