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, fully guaranteed by Morgan Stanley, is issuing $130,000 of principal-at-risk structured notes, each with a $1,000 denomination, maturing on July 15, 2031 and linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index.
The notes pay an 11.00% per annum contingent coupon only when the index is at or above the coupon barrier of 2,695.043 (75% of the 3,593.39 initial level) on observation dates, with unpaid coupons potentially paid later if the barrier is met. Starting January 11, 2027, they auto-call monthly if the index is at or above the call threshold of 3,593.39, returning principal plus due coupons. If held to maturity and the index is at or above the buffer level of 3,054.382 (85% of initial), investors receive principal back; below that, principal is reduced 1% for each 1% decline beyond the 15% buffer, but not below a minimum payment of 15% of principal.
Investors do not participate in any index appreciation and bear the credit risk of MSFL and Morgan Stanley. The underlier is a relatively new, rules-based S&P 500 futures index with a 4% per annum decrement, leverage and volatility-targeting features, which can drag performance. The estimated value on the pricing date is $912.90 per note, below the $1,000 issue price, reflecting structuring, hedging and distribution costs and the issuer’s funding rate, and secondary market liquidity may be limited. U.S. tax treatment is uncertain, and non-U.S. holders may face 30% withholding on coupons without additional payments.
Morgan Stanley Finance LLC is offering $75,892,000 of Contingent Income Auto-Callable Securities due July 13, 2029, linked to Micron Technology, Inc. common stock and fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes pay a contingent quarterly coupon at an annual rate of 27.20% (about $68 per $1,000 per quarter) only when the underlying share price is at or above the downside threshold price of $391.72, which is 40% of the $979.30 initial share price.
If on any of the first eleven determination dates Micron’s share price is at or above the initial share price, the notes are automatically redeemed at par plus the current and any previously unpaid coupons, ending further payments. If not called, at maturity investors receive par plus due coupons only if the final share price is at or above the downside threshold; otherwise, repayment of principal is reduced 1-for-1 with the stock’s decline, potentially to zero. The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, with an estimated value on the pricing date of $965.60 per $1,000, reflecting structuring, distribution and hedging costs and the issuer’s funding spread.
Morgan Stanley Finance LLC is offering $2,619,000 of auto-callable Jump Securities linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, each security having a $1,000 stated principal amount and fully guaranteed by Morgan Stanley.
The notes pay no interest and may be automatically redeemed on July 19, 2027 for $1,233.50 per security if all three indices are at or above their initial levels on July 14, 2027. Otherwise, at July 13, 2029 maturity investors receive principal plus a 175% participation in the gain of the worst-performing index if all are above initial, only principal if all remain at or above 70% of initial, and a loss of 1% of principal for each 1% decline of the worst performer below that 70% downside threshold, potentially losing the entire investment. The estimated value on the pricing date is $972.40 per security, below the $1,000 issue price, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing $2,069,000 of principal-at-risk Contingent Income Memory Buffered Auto-Callable Securities due July 15, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and is linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index.
The notes pay a 10.00% annual contingent coupon only when the index closes at or above the 75% coupon barrier on scheduled observation dates; missed coupons may be “remembered” and paid later if the barrier is met. Starting July 2027, the notes auto-call at par plus any due coupons if the index is at or above 90% of its 1,363.92 initial level.
If held to maturity and the final index level is at least the 85% buffer level (1,159.332), investors receive full principal; below that, repayment is reduced 1% for each 1% further decline, with a minimum payment of 15% of principal. The estimated value is $901.60 per note, below issue price, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering $506,000 of Buffered Participation Securities linked to the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. The notes are issued in $1,000 denominations, pay no interest, and are scheduled to mature on July 15, 2030.
The payoff depends solely on the S&P 500 closing level on July 10, 2030. If the index ends above its initial level of 7,575.39, holders receive principal plus 100% of the gain, capped at a maximum of $1,455 per note. If the index finishes between 70% and 100% of its initial level, principal is returned; below 70%, principal is reduced one-for-one with further declines, but not below 30% of principal.
All payments are subject to Morgan Stanley’s credit risk, and there may be limited or no secondary market. The estimated value on the pricing date is $973.10 per $1,000 note, reflecting issuing, structuring and hedging costs and the issuer’s funding rate. For U.S. tax purposes, counsel considers it reasonable to treat the notes as prepaid financial contracts, though the ultimate tax consequences remain uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Contingent Income Auto-Callable Securities due July 13, 2029 linked to Blackstone Inc. common stock. Each note has a stated principal of $1,000 and the aggregate principal amount is $5,936,000.
Investors may receive a 15.50% per annum contingent coupon only when the underlier’s closing level on an observation date is at or above the coupon barrier of $73.854, 60% of the $123.09 initial level. The notes are automatically redeemed at par plus any coupon if the underlier is at or above the call threshold of $123.09 on specified redemption determination dates.
If not called, principal is repaid at maturity only when the final underlier level is at or above the $73.854 downside threshold; otherwise, repayment is reduced in proportion to the underlier’s decline and can be zero. These unsecured, principal-at-risk obligations have an estimated value of $971.20 per $1,000 note, with $20 per note in selling commissions.
Morgan Stanley Finance LLC is offering $301,000 of S&P 500-linked Buffered Jump Securities due October 14, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each $1,000 principal-at-risk note pays no interest.
At maturity, if the S&P 500 final level is at or above the initial level of 7,575.39, holders receive principal plus a fixed upside payment of $117.50 per security (11.75% of principal). If the final level is below the initial level but at or above the 15% buffer level of 6,439.082, holders receive only principal. Below the buffer, principal is reduced 1% for each 1% index decline beyond 15%, subject to a minimum payment of 15% of principal; for example, a 95% index decline would pay $200 per security.
The estimated value on the pricing date is $990.60 per security, reflecting issuance, structuring and hedging costs borne by investors. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, may have limited or no secondary-market liquidity, and involve complex valuation and U.S. federal tax uncertainties.
Morgan Stanley Finance LLC is offering $1,090,000 of Buffered Participation Securities due July 13, 2029, fully and unconditionally guaranteed by Morgan Stanley. The $1,000-denomination, principal-at-risk notes pay no interest and their return depends on the worst performer among Invesco QQQ, State Street Technology Select Sector SPDR ETF and Vanguard Information Technology ETF.
At maturity, holders receive principal plus 100% of any gain in the worst-performing fund, capped at a maximum payment of $2,000 per security. A 30% buffer protects against moderate losses; below the buffer, principal declines 1% for each additional 1% drop in the worst performer, with a minimum payment of 30% of principal. The notes are unsecured and subject to the credit risk of Morgan Stanley and MSFL, limited liquidity, an estimated value of $988.70 per $1,000 note, concentration in technology and information-technology sectors, and complex, uncertain U.S. tax treatment, including potential “constructive ownership” and Section 871(m) considerations.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $1,256,000 of Buffered Jump Securities with Auto-Callable Feature due July 13, 2029, linked to the worst of the Russell 2000 Index and S&P 500 Index. These unsecured notes pay no interest and expose principal to market and credit risk.
The notes may be automatically redeemed on July 21, 2027 if both indices are at or above their initial levels, paying $1,170.50 per $1,000 and ending the investment. If held to maturity and both final index levels exceed their initials, investors receive principal plus 100% of the gain of the worse-performing index; if either finishes between its initial and 85% buffer level, principal is returned. Below the 15% buffer, the maturity payment falls 1% for each additional 1% decline in the worst index, with a minimum of 15% of principal.
The issue price is $1,000 per security versus an estimated value of $981.80, reflecting issuing, structuring and hedging costs. Liquidity may be limited, valuations rely on Morgan Stanley models, and all payments depend on Morgan Stanley’s and MSFL’s ability to meet their obligations.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due January 13, 2028, linked to the Class A common stock of Palantir Technologies Inc., in an aggregate principal amount of $354,000. Each security has a stated principal amount and issue price of $1,000, with an estimated value on the pricing date of $954.70, reflecting issuance, selling, structuring and hedging costs borne by investors.
The notes pay a 17.80% per annum contingent coupon on scheduled coupon payment dates only if Palantir’s closing stock price on the related observation date is at or above the coupon barrier level of $76.074, equal to 60% of the initial level of $126.79. Beginning on October 16, 2026, the issuer may redeem the notes in whole on specified redemption dates for principal plus any due coupon if a risk neutral valuation model indicates that redemption is economically rational for Morgan Stanley compared to continuing the notes.
If the notes are not redeemed and, on the January 10, 2028 final observation date, Palantir’s stock is at or above the downside threshold of $63.395 (50% of the initial level), investors receive the stated principal amount at maturity plus any final contingent coupon. If the final level is below this threshold, the maturity payment equals principal multiplied by the performance factor (final level divided by initial level), so repayment falls in proportion to the stock’s decline and can be reduced to zero. All payments are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and are subject to the credit risk of both entities.