Morgan Stanley SEC Filings

Morgan Stanley Finance LLC offers principal-at-risk, contingent income auto-callable notes linked to Marvell Technology, Inc. Each security has a stated principal amount of $1,000 and a contingent annual coupon of 43.00% payable only if the underlier meets the coupon barrier on observation dates. The notes can automatically redeem early if the underlier meets the call threshold on scheduled redemption determination dates. If not called, maturity payout is the stated principal if the final level is at or above the downside threshold (50% of the initial level); otherwise payment equals the stated principal multiplied by final/initial level, exposing investors to full downside and possible loss of principal. Estimated value on the pricing date was approximately $951.90 per security. All payments are subject to Morgan Stanley Finance LLC and Morgan Stanley credit risk.

Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable notes tied to the Nasdaq-100 Index. Each security has a stated principal amount of $1,000 and an original issue price of $1,000. The securities can be automatically redeemed on the first determination date for an early redemption payment of $1,150 (first determination date: June 28, 2027). If not redeemed, maturity is July 1, 2031, with payoff formulas that (a) pay the stated principal plus an upside payment when the final level exceeds the initial level (participation rate: 150%), (b) return only the stated principal when the final level is between the downside threshold (80% of the initial level) and the initial level, or (c) reduce principal pro rata when the final level is below the downside threshold. The pricing date and strike date are June 26, 2026, and the estimated value on the pricing date was approximately $982.40 per security. All payments are subject to MSFL's and Morgan Stanley's credit risk; these securities do not pay interest and could result in a total loss of principal.

Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering structured, principal‑at‑risk Buffered Jump Securities linked to the worst performing of three State Street ETFs. Each security has a $1,000 stated principal amount, an investor buffer of 15%, a downside factor of 1.1765% per 1% decline beyond the buffer, a participation rate of 200% for upside, an early redemption feature with an early redemption payment of $1,336.50 (first determination date June 25, 2027, early redemption date June 30, 2027) and final maturity on June 28, 2029. The pricing and strike dates are June 24, 2026, and the estimated value on the pricing date was approximately $984.10. The securities do not pay interest, are unsecured obligations of MSFL, are fully guaranteed by Morgan Stanley and expose investors to issuer credit risk and to the performance of the worst performing underlier.

Morgan Stanley Finance LLC priced a Buffered PLUS note due June 30, 2031 linked to the S&P 500® Futures Excess Return Index. Each security has a $1,000 stated principal and an estimated value on the pricing date of approximately $949.90.

At maturity the payoff pays the stated principal plus a 180% leveraged upside if the final level exceeds the initial level; returns are protected only up to a 20% buffer (buffer level = 80% of initial level). If the final level falls below the buffer, holders lose 1% for each 1% decline beyond the buffer, subject to a 20% minimum payment.

Morgan Stanley Finance LLC priced a Buffered PLUS note linked to the iShares® Semiconductor ETF (SOXX) with a stated principal amount of $1,000 per security. The securities mature on August 26, 2027 with an observation date of August 23, 2027. Investors receive 200% leveraged upside of the underlier’s appreciation subject to a $1,480 maximum payment (148% of principal). The note includes a 10% buffer (90% buffer level) and a minimum payment equal to 10% of principal; if the final level is below the buffer, holders lose 1% per 1% decline beyond the buffer. The estimated value on the pricing date was approximately $965.90 per security. All payments are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley; holders bear issuer credit risk and tax-treatment uncertainty.

Morgan Stanley Finance LLC is offering structured, auto‑callable Jump Notes due June 27, 2031, linked to the worst performing common stock of Amazon.com, Inc., NVIDIA Corporation and Tesla, Inc. The notes have a stated principal amount of $1,000 per note, pay no interest, and are fully guaranteed by Morgan Stanley. The notes may be automatically redeemed on the first determination date for an $1,216.50 early redemption payment if each underlier meets its call threshold (85% of its initial level). If not auto‑redeemed, maturity payments either return principal or return principal plus an upside payment equal to 125% of the appreciation of the worst performing underlier. All payments are subject to Morgan Stanley’s credit risk; the estimated value on the pricing date is approximately $977.00 per note.

Morgan Stanley Finance LLC is offering digital notes linked to the iShares Expanded Tech-Software Sector ETF (Bloomberg: IGV). Each note has a $1,000 Face Amount and pays at maturity based on the ETF’s performance over a period expected to be between 13 and 15 months. If the Final Underlier Level is at least 85% of the Initial Underlier Level, holders receive a capped Maximum Settlement Amount (expected to be between $1,158.10 and $1,185.50 per $1,000 Face Amount). If the Underlier falls by more than 15%, investors bear downside and may lose some or all principal. The Original Issue Price is $1,000; the issuer’s estimated value on the Trade Date is approximately $978.50. All payments are subject to issuer credit risk and the notes are unsecured, non‑interest bearing, non‑redeemable and will not be listed on an exchange.

Morgan Stanley Finance LLC priced $17,259,000 of Digital S&P 500® Index-Linked Notes due September 15, 2027, guaranteed by Morgan Stanley. Each note has a $1,000 Face Amount and returns at maturity depend on the S&P 500® Index performance measured from the June 17, 2026 trade date to the September 13, 2027 determination date (both subject to postponement).

If the Final Underlier Level is >= 90% of the Initial Underlier Level, each note pays the Maximum Settlement Amount of $1,116.60 (111.66% of face). If the Final Underlier Level is below 90%, investors suffer a downside where principal can be partially or entirely lost. The Estimated Value on the trade date was $992.30 per note. All payments are unsecured and subject to issuer credit risk.

Morgan Stanley Finance LLC is offering market-linked notes due July 11, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and pays no interest. At maturity investors receive principal and, if the S&P 500® Futures Excess Return Index final level exceeds the initial level, an upside payment equal to the stated principal amount × 127.50% × index percent change; if the final level is equal to or less than the initial level, investors receive only the stated principal amount. The pricing/strike date is July 8, 2026, the observation date is July 8, 2031, and the issuer’s estimated value on the pricing date is approximately $950.00 per note. All payments are subject to the issuer’s credit risk; the notes are unsecured, not listed, and do not provide direct ownership of the underlying index or its components.