MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC priced a series of Trigger PLUS principal-at-risk securities. The securities reference the Russell 2000® and S&P 500® and pay at maturity based on the worst performing underlier. They offer a 130% leveraged upside if the worst underlier finishes above its initial level and provide limited principal protection only if both underliers finish at or above 75% of their initial levels. If the worst underlier finishes below its 75% downside threshold, investors lose 1% of principal for each 1% decline in that underlier; the payment could be significantly less than principal or zero. The issue price is $1,000 per security (estimated value on pricing date $962.20), aggregate principal $1,114,000, and maturity is June 28, 2029. All payments are subject to MSFL and Morgan Stanley credit risk.

Morgan Stanley Finance LLC priced a $2,617,000 issuance of Principal at Risk notes due June 30, 2031, fully guaranteed by Morgan Stanley. The securities are issued at $1,000 per security with a fixed coupon of 7.00% per annum payable monthly and an estimated value on the pricing date of $919.80 per security. The notes include an automatic early redemption feature if the S&P U.S. Equity Momentum 40% VT 4% Decrement Index closes at or above the call threshold (initial level 1,352.96) on a redemption determination date. At maturity, if the final level is below the buffer level of 1,150.016 (85% of initial), principal is reduced by 1% for each 1% decline beyond the buffer subject to a minimum payment of 15% of principal. Agent commissions of $43.50 per security reduce issuer proceeds to $2,503,160.50. All payments are subject to the issuer’s and guarantor’s credit risk and U.S. federal income tax treatment is uncertain.

Morgan Stanley Finance LLC priced a series of unsecured, market‑linked notes due June 30, 2031, fully guaranteed by Morgan Stanley. The offering is for an aggregate principal amount of $100,000 at an issue price of $1,000 per note. Each note links payoff to the EURO STOXX 50® Index with a participation rate of 110% and an initial level of 6,267.53 (strike date June 25, 2026), observation date June 25, 2031. At maturity, investors receive the stated principal plus 110% of any appreciation of the index; if the final level is equal to or less than the initial level, investors receive only the stated principal. The estimated value on the pricing date was $942.60 per note, and selected dealers receive a fixed sales commission of $20 per note.

Morgan Stanley Finance LLC issued structured notes tied to the Nasdaq-100 Index with a five-year term maturing on July 1, 2031. Each security has a $1,000 stated principal amount and an issue price of $1,000.

The securities have an automatic early redemption feature on the first determination date (June 28, 2027) if the closing level of the underlier is greater than or equal to the call threshold (29,118.24). The early redemption payment is $1,150 per security. If not redeemed, maturity payoffs depend on the final level relative to the initial level (29,118.24) and the downside threshold (23,294.592, 80% of the initial level). Investors receive the stated principal plus an upside payment at maturity if the final level is higher (participation rate 150%), receive principal only if the final level is between the downside threshold and initial level, or suffer loss proportional to the index decline if the final level is below the downside threshold.

Morgan Stanley Finance LLC is offering $310,000 aggregate principal of contingent income buffered auto-callable securities due July 1, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an original issue price of $1,000.

The securities pay a contingent coupon at a 10.00% annual rate on observation dates when the underlier closing level is at or above the coupon barrier (80% of the initial level). They feature automatic early redemption if the underlier closes at or above the call threshold (80) on a redemption determination date, a 20% buffer (buffer level 80) against losses at maturity and a minimum payment at maturity equal to 20% of principal. The underlier is a four-stock equally weighted basket (HOOD, PLTR, TSLA, ORCL) with an estimated value on pricing date of $911.50 per security.

Morgan Stanley Finance LLC is offering Structured Investments Enhanced Buffered Jump Securities tied to the MSCI Emerging Markets Index with an aggregate principal amount of $1,500,000 and a stated principal amount of $1,000 per security. The securities pay no interest, include a $155 fixed upside payment at maturity if the final level is at or above an 85% buffer of the initial level, and feature a 1.1765 downside factor for declines beyond the 15% buffer. Payments are subject to Morgan Stanley Finance LLC credit risk and are fully and unconditionally guaranteed by Morgan Stanley.

Morgan Stanley Finance LLC issues $610,000 of Auto-Callable Jump Notes due June 30, 2033

The notes are unsecured obligations of Morgan Stanley Finance LLC and are fully and unconditionally guaranteed by Morgan Stanley. They pay no interest, carry a stated principal of $1,000 per note, an estimated value on the pricing date of $904.70 per note, and aggregate principal of $610,000. The notes can be automatically redeemed on specified annual determination dates beginning June 25, 2027 if the Morgan Stanley Amplitude Index closes at or above the call threshold of 208.585, producing fixed early redemption payments (first such payment $1,107.50 per note). If not redeemed early and the final level exceeds the initial level (206.52), maturity payoff equals principal plus 100% participation in index appreciation; otherwise investors receive only principal. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC is offering Principal at Risk notes due June 30, 2031 linked to the S&P U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a $1,000 stated principal amount and pays a fixed coupon of 6.25% per annum monthly. The securities can be automatically called beginning on the first redemption determination date June 25, 2027 if the underlier is at or above the call threshold (1,217.664, 90% of the initial level). If not called, maturity payoff depends on the final level relative to the buffer level (1,150.016, 85%); below the buffer investors lose 1% of principal for each 1% decline beyond the buffer, subject to a 15% minimum payment. The original issue price is $1,000 (estimated value on pricing date: $920), with agent commissions of $43.50 per security. All payments are subject to MSFL's credit risk and guaranteed by Morgan Stanley.

Morgan Stanley Finance LLC priced Structured Investments Callable Jump Notes due June 30, 2031, fully guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount per note, an issue price $1,000 and an aggregate principal amount $1,517,000. They pay no regular interest, offer a 140% participation rate in upside at maturity if the S&P 500® Futures Excess Return Index final level exceeds the initial level of 590.78, and include an issuer call feature starting on July 1, 2027 with fixed redemption payments specified for each redemption date. The estimated value on the pricing date was $942.20 per note; all payments are subject to Morgan Stanley’s credit risk.