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 principal-at-risk Buffered Jump Securities linked to the Global X Defense Tech ETF, fully and unconditionally guaranteed by Morgan Stanley and maturing July 20, 2028. The notes pay no coupons and expose investors to both market and issuer credit risk.
The notes may be automatically redeemed on August 2, 2027 if the ETF’s level on July 29, 2027 is at or above 100% of the initial level, in which case holders receive a fixed $1,122 per $1,000 note and no further payments. If not called, at maturity investors receive: principal plus a 125% participation in any ETF gain; principal only if the ETF is between 80% and 100% of the initial level; or a leveraged loss of 1.25% of principal for each 1% ETF decline beyond the 20% buffer, potentially losing the entire investment.
The issue price is $1,000 per note, including selling, structuring and hedging costs, while the estimated value on the pricing date is approximately $978.10. Dealer compensation is up to $15 per $1,000 note. The securities suit investors who can forgo income and accept contingent upside linked to the ETF together with significant downside risk and tax complexity in exchange for the buffer and auto-call features.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due July 25, 2030, fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured, principal-at-risk obligations linked to the worst performer of the Dow Jones Industrial, EURO STOXX 50 and State Street Technology Select Sector SPDR ETF.
The securities pay a 15.05% per annum contingent coupon only when each underlier closes at or above 75% of its initial level on scheduled observation dates. From October 23, 2026, Morgan Stanley may redeem the notes at par plus any due coupon if a risk neutral valuation model indicates early redemption is economically rational. If not redeemed, principal is repaid at maturity only when every underlier finishes at or above 65% of its initial level; otherwise repayment is reduced in proportion to the decline of the worst underlier, potentially to zero. The issue price is $1,000 per security, with an estimated value of approximately $974.70, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Dual Directional Buffered Jump Securities with an auto-call feature linked to the S&P 500® Futures Excess Return Index, each with a $1,000 stated principal amount and issue price.
The notes may be automatically redeemed on July 30, 2027 for an early redemption payment of $1,101.50 per security if the index’s closing level on July 27, 2027 is at or above the initial level; investors then receive no further payments or upside. If not called, maturity payments in July 2028 depend on index performance: full 100% upside participation above the initial level; a “dual directional” positive payoff for declines down to a 20% buffer; and losses beyond that buffer, with a minimum payment of 20% of principal.
The securities pay no interest, are unsecured obligations of MSFL with a Morgan Stanley guarantee, and all payments are subject to the issuers’ credit risk. The estimated value on the pricing date is approximately $983.70 per security, reflecting issuance, selling, structuring and hedging costs. The underlier is a futures-based index, and the disclosure emphasizes market volatility, limited liquidity, conflicts of interest, and uncertain U.S. tax treatment, including potential implications of Section 871(m) for non-U.S. holders.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities linked to International Business Machines Corporation stock, each with a $1,000 principal amount and fully and unconditionally guaranteed by Morgan Stanley. The notes pay a 17.25% per annum contingent coupon, but only for periods when IBM’s closing price on the relevant observation date is at or above a coupon barrier set at 60% of the initial level. Starting January 22, 2027, the securities are automatically redeemed if IBM closes at or above 100% of the initial level on a redemption determination date, returning principal plus the applicable coupon.
If the notes are not called and IBM’s final level is at or above the 60% downside threshold, investors receive principal back (plus the final coupon, if earned). If the final level is below that threshold, repayment is reduced in full proportion to IBM’s decline, potentially to zero. The notes are unsecured obligations exposed to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and they may have limited or no secondary market liquidity. The original issue price is $1,000 per security, while the estimated value on the pricing date is about $959.80, reflecting issuance, structuring and hedging costs. U.S. tax treatment is uncertain, and non-U.S. investors may face 30% withholding on coupons.
Morgan Stanley Finance LLC is offering Contingent Income Memory Auto-Callable Securities linked to Micron Technology, Inc. common stock, with a stated principal amount of $1,000 per security, fully and unconditionally guaranteed by Morgan Stanley.
The notes pay a contingent coupon at 24.50% per annum, only when the Micron share price on an observation date is at or above a coupon barrier set at 50% of the initial level; missed coupons can be paid later if the barrier is met. The notes may be automatically redeemed on scheduled redemption dates starting July 20, 2027 if Micron’s price is at or above a call threshold of 100% of the initial level, returning principal plus due coupons, after which no further payments are made.
If not called and the final Micron level is at or above the downside threshold of 50% of the initial level, investors receive principal plus any contingent coupon then due; if it is below, repayment is reduced 1% for each 1% decline, potentially to zero. The estimated value is approximately $970.50 per $1,000 security, reflecting issuance, structuring and hedging costs. The securities are unsecured, not FDIC insured, dependent on Morgan Stanley’s credit, and may have limited secondary market liquidity.
Morgan Stanley Finance LLC is offering Trigger PLUS structured notes due July 21, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest, and is an unsecured obligation subject to the issuer’s and guarantor’s credit risk. The notes are linked to the worst performing of the Nasdaq-100 Futures Excess Return Index and the S&P 500 Futures Excess Return Index.
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 gain of the worst performing index; for example, a 5% gain would pay $1,141.90 per note. If the worst performing index is between its initial level and its 60% downside threshold, investors receive only the $1,000 principal. If the worst performing index finishes below its downside threshold, principal is reduced 1% for every 1% decline, with no minimum payment; an 85% decline would pay $150. The estimated value on the pricing date is approximately $970.80 per note, reflecting issuance, structuring and hedging costs, and any secondary market is expected to be limited. U.S. federal tax treatment is uncertain and is expected to follow a prepaid financial contract approach.
Morgan Stanley Finance LLC is offering Buffered PLUS notes with a $1,000 stated principal amount per security, linked to the Dow Jones Industrial Average and maturing on August 5, 2031. The notes pay no interest and are fully and unconditionally guaranteed by Morgan Stanley.
At maturity, holders receive leveraged upside of 125% of index gains, capped at a maximum payment of $1,540 per security, return of principal if the index is flat or down less than the 20% buffer, and a 1-for-1 loss beyond the buffer, with a minimum payment of 20% of principal. The estimated value on the pricing date is approximately $947.50 per security, reflecting issuing, selling, structuring and hedging costs and the issuer’s funding rate. Principal is at risk, returns depend solely on the index level on the July 31, 2031 observation date, and investors are exposed to Morgan Stanley’s credit, limited secondary-market liquidity and uncertain U.S. tax treatment.
Morgan Stanley Finance LLC is offering principal-at-risk Callable Contingent Income Securities maturing on January 25, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each $1,000 note pays a 13.50% per annum contingent coupon only when all three underliers—the Nasdaq-100 Technology Sector, Russell 2000 and S&P 500 indices—close at or above their coupon barrier levels on scheduled observation dates.
Both the coupon barrier and downside threshold levels are set at 70% of each index’s initial level. If the notes are not earlier redeemed, investors receive principal back at maturity only if every index finishes at or above its downside threshold; otherwise the payoff is reduced 1% for each 1% decline in the worst-performing index, potentially to zero. Beginning October 27, 2026, the issuer may redeem the notes on specified dates, but only when a risk neutral valuation model indicates early redemption is economically rational for Morgan Stanley. The estimated value on the pricing date is approximately $981.10 per security, below the $1,000 issue price, 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 Contingent Income Memory Auto-Callable Securities linked to the common stock of International Business Machines Corporation. Each security has a $1,000 stated principal amount and an issue price of $1,000.
The notes pay a contingent coupon at 16.50% per annum, but only when IBM’s closing level on an observation date is at or above a coupon barrier equal to 60% of the initial level. Missed coupons may be paid later if the barrier is subsequently met. The securities are automatically called, starting January 21, 2027, if IBM’s level is at or above 100% of the initial level on specified redemption determination dates, returning principal plus due and previously unpaid coupons.
If not called, at maturity on January 25, 2029, investors receive full principal only if the final IBM level is at or above a downside threshold of 60% of the initial level; otherwise, repayment is reduced 1% for each 1% decline in IBM, potentially to zero. The estimated value on the pricing date is approximately $968 per security, reflecting issuance, selling, structuring and hedging costs. All payments are subject to Morgan Stanley’s credit and limited secondary-market liquidity.
Morgan Stanley Finance LLC is offering Enhanced Trigger Jump Securities, $1,000 principal-at-risk notes due September 2, 2027, fully and unconditionally guaranteed by Morgan Stanley and linked to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index. The notes pay no interest and have an estimated value on the pricing date of approximately $973.10 per security.
At maturity, if the final level of each index is at or above 75% of its initial level, investors receive the $1,000 stated principal plus a fixed upside payment of $97.50 per security, a 9.75% return, regardless of how much the indices have risen. If any index finishes below its downside threshold, repayment is reduced 1% for every 1% decline of the worst-performing index, with no minimum; the payment can be zero.
The securities are unsecured obligations subject to Morgan Stanley’s credit risk, are not bank deposits and are not insured by the FDIC. Risk factors highlighted include index volatility, limited liquidity, potential conflicts of interest, and uncertain U.S. federal income tax treatment, including possible future changes under Section 871(m) for non-U.S. holders.