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 long-dated Trigger PLUS notes linked to the S&P 500® Index, maturing on August 4, 2032, fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured, principal-at-risk obligations under Morgan Stanley’s Series A Global Medium-Term Notes program.
Each note has a $1,000 stated principal amount, pays no interest, and offers 130% participation in index gains above the initial level, capped at a maximum payment at maturity of at least $1,850 per note. If the final index value is between 85% of the initial level (the trigger) and the initial level, investors receive only their principal back.
If the S&P 500 falls below the 85% trigger on the July 30, 2032 valuation date, repayment is reduced 1% for each 1% index decline, and investors can lose up to their entire investment. The estimated value on the pricing date is approximately $942.30 per note, reflecting embedded fees and issuer economics, and the notes will not be listed on any exchange, with all payments subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Buffered PLUS notes due August 3, 2029, fully and unconditionally guaranteed by Morgan Stanley. The $1,000-denomination securities pay no interest and are linked to the worst performing of the Dow Jones Industrial Average and the S&P 500 Index.
At maturity, if the worst underlier is above its initial level, holders receive $1,000 plus 122% of that gain. If the worst underlier is down but not below 85% of its initial level, holders receive only $1,000. If it falls below the 85% buffer, principal declines 1% for each additional 1% drop, with a minimum payment of 15% of principal.
The notes are unsecured, subject to Morgan Stanley’s credit risk, and may trade below par; the estimated value on the pricing date is approximately $984.10 per $1,000 security due to embedded costs and issuer funding rate. Liquidity may be limited, and tax treatment is complex.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Contingent Income Auto-Callable Securities due July 20, 2029, with $1,000 stated principal per security linked to Western Digital Corporation common stock.
The notes pay a 56.00% per annum contingent coupon only for periods when Western Digital’s closing stock price on specified observation dates is at or above a coupon barrier set at 60% of the initial level. If on any redemption determination date the stock closes at or above 100% of the initial level, the notes are automatically redeemed for principal plus that period’s coupon.
If not called, principal is repaid at maturity only if the final stock price is at least 60% of the initial level; otherwise repayment is reduced one-for-one with the stock’s decline and can fall to zero. The estimated value is about $962.10 per $1,000 note, reflecting issuing, structuring and hedging costs, and secondary liquidity may be limited. All payments depend on Morgan Stanley’s credit, and the tax treatment, particularly for non-U.S. holders, is described as uncertain with potential 30% withholding on coupons.
Morgan Stanley Finance LLC is offering Buffered PLUS, principal-at-risk structured notes due September 10, 2027, linked to the worst performing of the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF. The notes pay no interest and are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley.
Each $1,000 note offers 150% leveraged upside on any positive return of the worst underlier, capped at a maximum payment of $1,333 per security. If the worst underlier finishes at or below its initial level but at or above its 90% buffer level, investors receive only principal back. Below the buffer, investors lose 1% of principal for each 1% additional decline in the worst underlier, with a minimum payment of 10% of principal.
The estimated value on the pricing date is approximately $987.40 per security, less than the $1,000 issue price due to issuance, selling, structuring and hedging costs. All payments are subject to Morgan Stanley’s credit risk, secondary market liquidity may be limited, and U.S. tax treatment is uncertain, including potential application of constructive ownership and Section 871(m) rules.
Morgan Stanley Finance LLC is offering Dual Directional Buffered Jump Securities with Auto-Callable Feature due July 26, 2029, linked to the worst performer of Corning, Marvell Technology and Palo Alto Networks common stocks, and fully guaranteed by Morgan Stanley. Each security has a stated principal amount and issue price of $1,000 and pays no interest.
If on the first determination date in July 2027 each stock is at or above 70% of its initial level, the notes are automatically redeemed for an early redemption payment of $1,450 per security, ending all further payments. If held to maturity and every stock finishes above its initial level, investors receive principal plus 400% of the gain of the worst-performing stock. If at least one stock is at or below its initial level but all remain at or above 60% of initial, investors receive principal plus a positive "absolute return" on the worst performer, capped at a 40% gain.
If any stock closes below its 60% buffer at maturity, principal is reduced one-for-one beyond the 40% buffer, but not below a minimum payment equal to 40% of principal. The estimated value on the pricing date is about $909.70 per security, reflecting issuance, structuring and hedging costs. Repayment depends entirely on Morgan Stanley’s credit, secondary market liquidity may be limited, and U.S. tax treatment, including potential application of Section 871(m), is uncertain.
Morgan Stanley Finance LLC is offering unsecured, auto-callable Jump Notes due August 4, 2033, fully guaranteed by Morgan Stanley and linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. The notes are issued in $1,000 denominations, pay no interest and return at least principal at maturity, subject to issuer credit risk.
Starting with the August 6, 2027 determination date, the notes auto-redeem if the index is at or above its initial level, paying fixed amounts that rise from $1,085 to $1,573.75 per note; no further payments follow redemption. If held to maturity and the index has risen, investors receive $1,000 plus 100% of index appreciation; otherwise they receive $1,000 only. The estimated value on the pricing date is about $931.10 per note, reflecting issuing, selling, structuring and hedging costs. Key risks include Morgan Stanley credit risk, limited or no secondary market, complex index features such as a 4% annual decrement and volatility targeting, potential tax treatment as contingent payment debt instruments and conflicts of interest in index design, calculation and hedging.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Contingent Income Auto-Callable Securities due July 19, 2029, linked to International Business Machines Corporation common stock. Each $1,000 note pays a contingent coupon at an annual rate of 16.00% only when IBM’s closing level is at or above a coupon barrier set at 50% of the initial level on scheduled observation dates.
Beginning January 19, 2027, if IBM’s closing level is at or above 100% of the initial level on a redemption determination date, the notes are automatically redeemed for $1,000 plus that period’s coupon, with no further payments. If not called and IBM is at or above the 50% downside threshold at maturity, investors receive $1,000 plus any final coupon; if below, repayment is reduced 1% for each 1% decline in IBM, potentially to zero.
The estimated value on the pricing date is approximately $981.80 per note, below the $1,000 issue price because it embeds issuing, selling, structuring and hedging costs. The notes are unsecured obligations subject to Morgan Stanley’s credit, may be illiquid, have complex U.S. tax treatment (including potential 30% withholding for certain non-U.S. investors) and are not insured deposits.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Trigger Performance Leveraged Upside Securities (Trigger PLUS) due July 31, 2031, unsecured notes linked to a basket of equity indices: MSCI EAFE (20%), MSCI Emerging Markets (10%), Russell 2000 (30%) and S&P 500 (40%). Each note has a stated principal of $1,000 and pays no interest.
The basket’s initial level is 100, with a downside threshold level of 65. At maturity, if the final basket level is above 100, holders receive $1,000 plus a leveraged upside payment equal to 111% of the basket’s percentage gain. If the final level is at or below 100 but at or above 65, holders receive only the $1,000 principal. If the final level is below 65, repayment is $1,000 multiplied by the performance factor (final level divided by 100), producing a 1% loss of principal for each 1% basket decline and potentially zero repayment.
The notes are subject to the credit risk of MSFL and Morgan Stanley, are not bank deposits or FDIC insured, and may have limited secondary market liquidity. The estimated value on the pricing date is approximately $972.10 per $1,000 note, reflecting issuance, structuring and hedging costs. Tax treatment is uncertain; counsel currently expects treatment as prepaid financial contracts that are open transactions, but future IRS or legislative action could change this.
Morgan Stanley Finance LLC is offering unsecured Callable Contingent Income Securities due February 8, 2028, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the worst performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, and do not guarantee repayment of principal or regular interest.
Investors may receive a 12.55% per annum contingent coupon, paid only if on each observation date all three indices close at or above their respective coupon barrier levels, set at 70% of initial. If the notes are not redeemed early and, at maturity, every index is at or above its 65% downside threshold, principal is repaid (plus any final coupon). If any index finishes below its downside threshold, repayment is reduced in proportion to the decline of the worst index, potentially to zero. Beginning February 8, 2027, the issuer may redeem the notes in whole on specified dates for principal plus any due coupon, but only if a risk neutral valuation model indicates calling is economically rational for Morgan Stanley. All payments depend on Morgan Stanley’s credit, and the estimated value on the pricing date is approximately $984.50 per $1,000 security, reflecting issuing, selling, structuring and hedging costs.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering market-linked, auto-callable principal-at-risk securities maturing on July 25, 2029. The notes are linked to the lowest performing of Mastercard, American Express, Citigroup and Goldman Sachs common stocks, with monthly call observations starting July 23, 2027.
Each security has a $1,000 face amount, sold at $1,000, with agent commissions of $25.75 and issuer proceeds of $974.25 per security. The current estimated value is approximately $958.70 per security. Investors receive no interest or dividends and any positive return is capped at preset call payments, ranging from at least 24.85% on the first calculation day up to at least 74.550% on the final one. If the notes are not called and any underlying finishes below 50% of its starting price, repayment is reduced 1-for-1 with the lowest-performing stock and can result in losing more than 50%, up to all, of principal. All payments are subject to Morgan Stanley’s credit risk.