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 $28,726,400 of Buffered PLUS with Downside Factor, unsecured notes with a $10 stated principal amount per security linked to the S&P 500 Index, due July 13, 2028 and fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest and do not guarantee principal. If the index finishes above its 7,543.64 initial level, holders receive principal plus 200% of the index gain, capped at a maximum payment of $12.50 per note. If the final level is between 90% and 100% of initial, investors receive only the $10 principal. Below the 90% buffer level of 6,789.276, principal is reduced by 1.1111% for each 1% further index decline, with no minimum payment and potential total loss.
All payments are subject to the credit risk of Morgan Stanley and MSFL. The estimated value on the July 9, 2026 pricing date is $9.918 per note, below the $10 issue price due to issuing, selling, structuring and hedging costs. The notes are sold in fee-based advisory accounts through Morgan Stanley & Co. with no sales commission, and secondary market liquidity may be limited. Tax counsel treats the notes as prepaid financial contracts, and expects Section 871(m) dividend-equivalent withholding not to apply to Non-U.S. holders, though the U.S. federal income tax treatment remains uncertain.
Morgan Stanley Finance LLC, fully and unconditionally guaranteed by Morgan Stanley, is issuing $5,410,000 of Enhanced Trigger Jump Securities due August 12, 2027, linked to the S&P 500® Index. The notes are unsecured, pay no interest and are principal-at-risk obligations subject to the issuers’ credit.
Each $1,000 security pays $1,091.40 at maturity (a fixed 9.14% gain) if the index’s final level on August 9, 2027 is at or above the downside threshold of 5,986.168, which is 80% of the 7,482.71 initial level. If the final level is below that threshold, holders lose 1% of principal for each 1% index decline, with no minimum payment and potential total loss. The estimated value on the pricing date is $985.90 per security, reflecting issuance, selling, structuring and hedging costs and the issuer’s funding rate. The securities may be illiquid, differ economically from a direct index investment, and involve uncertain U.S. federal income tax treatment, including for Non-U.S. Holders in light of Section 871(m).
Morgan Stanley Finance LLC is offering callable contingent income securities due July 13, 2028, fully and unconditionally guaranteed by Morgan Stanley, in $1,000 denominations and $1,860,000 aggregate principal amount. These principal-at-risk notes are linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 Technology Sector Index and Russell 2000 Index.
Holders can receive a contingent coupon at an annual rate of 10.05% on scheduled payment dates, but only when the closing level of each index on the related observation date is at or above its coupon barrier level, set at 60% of its initial level. Beginning October 15, 2026, the issuer may redeem the notes on specified dates, based on a risk neutral valuation model, for principal plus any due coupon; no further payments follow redemption. If the notes are not redeemed and, on the final observation date, each index is at or above its 60% downside threshold, investors receive principal plus any final contingent coupon. If any index finishes below its downside threshold, the maturity payment is reduced 1% for every 1% decline of the worst index and can be zero. Payments depend on Morgan Stanley’s credit, and the model-based estimated value on the pricing date is $981.60 per $1,000 security.
Morgan Stanley Finance LLC is offering $280,000 aggregate principal amount of Buffered Participation Securities, fully and unconditionally guaranteed by Morgan Stanley, due August 12, 2027. The notes pay no interest and are unsecured, principal-at-risk obligations.
At maturity, the payoff depends on the worst performing of the Nasdaq-100 Index® and the S&P 500® Index. Investors receive 100% upside participation on the worst underlier, capped at a maximum payment of $1,190 per $1,000. A 20% buffer applies: if the worst underlier’s final level is between 80% and 100% of its initial level, investors receive only principal back. Below 80%, principal is reduced 1% for each 1% further decline, subject to a minimum payment of 20% of principal. Initial index levels are 29,727.10 for the Nasdaq-100 and 7,543.64 for the S&P 500. The estimated value on the pricing date is $986.10 per security, and all payments depend on Morgan Stanley’s credit and limited secondary market liquidity.
Morgan Stanley Finance LLC is issuing S&P 500-linked Enhanced Trigger Jump Securities due August 12, 2027, in $1,000 denominations, fully guaranteed by Morgan Stanley, with an aggregate principal amount of $1,050,000. The notes pay no interest and are principal-at-risk unsecured obligations.
At maturity, if the S&P 500 final level on August 9, 2027 is at or above the downside threshold of 6,360.304, equal to 85% of the 7,482.71 initial level, investors receive $1,000 plus a fixed upside payment of $101 per security, a 10.10% return. If the final level falls below the threshold, repayment is $1,000 multiplied by the performance factor (final level ÷ initial level), exposing holders to a 1-for-1 loss with no minimum payment and potential total loss of principal.
The estimated value on the pricing date is $985.10 per security, below the $1,000 issue price because it includes issuing, selling, structuring and hedging costs and reflects Morgan Stanley’s funding rate. Liquidity is expected to be limited, and all payments depend on Morgan Stanley’s and MSFL’s credit.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with Auto-Callable Feature and Downside Factor linked to the Nasdaq-100 Index®, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, matures on August 3, 2028 and pays no periodic interest, with principal at risk.
The issue price is $1,000 per security, including placement fees of $15, for proceeds to the issuer of $985 and an estimated value on the pricing date of about $976.50 per security. The notes may be automatically redeemed on August 18, 2027 if the Nasdaq-100 closes at or above the initial level on August 13, 2027, for an early redemption payment of at least $1,143 per security.
If not called, at maturity investors receive principal plus 150% of any index gain; only principal back if the final index level is between 85% and 100% of the initial level; and a loss of 1.1765% of principal for every 1% decline beyond the 15% buffer, with no minimum payment. All payments depend on Morgan Stanley’s credit, the securities are not insured by the FDIC, secondary market liquidity may be limited, and U.S. tax treatment is uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering contingent income auto-callable notes with a $1,000 stated principal amount per note, linked to the worst performing of Costco, JPMorgan Chase and Microsoft common stocks. The notes run from July 21, 2026 to July 21, 2031.
Investors may receive a 7.60% per annum contingent coupon, paid monthly only if each stock closes at or above its coupon barrier (75% of its initial level) on the relevant observation date. The notes are automatically redeemed at par plus the coupon if, on any monthly redemption determination date starting July 16, 2027, all three stocks are at or above 100% of their initial levels. If not called, investors receive the $1,000 principal at maturity, plus the final coupon if the barrier condition is met. The estimated value on the pricing date is approximately $968.50 per note, reflecting issuance, structuring and hedging costs, and all payments depend on Morgan Stanley’s credit; there is no participation in stock price appreciation and investors may receive few or no coupons.
Morgan Stanley Finance LLC is offering Dual Directional Buffered Participation Securities, unsecured notes fully and unconditionally guaranteed by Morgan Stanley, linked to the Invesco QQQ Trust, Series 1. Each security has a $1,000 stated principal amount, is issued at $1,000, and pays no interest. The estimated value on the pricing date is approximately $985.60 per security.
The notes mature on July 28, 2027, with performance measured on an observation date of July 23, 2027. The initial underlier level is $725.51, with a buffer level of $580.408 (80% of initial). If the final level exceeds the initial level, holders receive principal plus 100% of the underlier gain, capped by a maximum payment of $1,103.30 (110.33% of principal). If the final level is between the initial and buffer levels, investors receive principal plus a positive return equal to the absolute percentage decline, up to 20%.
If the final level is below the buffer level, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment at maturity, so the entire investment is at risk. The notes are subject to the credit risk of MSFL and Morgan Stanley, may have limited secondary market liquidity, and involve uncertain U.S. federal income tax treatment.
Morgan Stanley Finance LLC is offering Contingent Income Memory Buffered Auto-Callable Securities due July 22, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each $1,000 principal-at-risk note pays a contingent coupon at 12.35% per annum, but only when the S&P U.S. Equity Momentum 40% VT 4% Decrement Index closes at or above 80% of its initial level on the relevant observation date. Missed coupons are remembered and can be paid later once this barrier condition is satisfied.
Beginning July 19, 2027, if on any redemption determination date the index closes at or above 100% of its initial level, the securities are automatically redeemed for $1,000 plus the current and any previously unpaid coupons, with no further payments. If held to July 22, 2031 and not called, principal is fully repaid when the final index level is at least 85% of the initial level. Below this buffer level, repayment is reduced in line with index losses beyond the 15% buffer, subject to a minimum payment at maturity of 15% of principal.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, so all payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is approximately $960.40 per $1,000 security, reflecting embedded issuance, structuring and hedging costs, and secondary market liquidity may be limited. U.S. tax treatment is uncertain; the issuer currently views the securities as prepaid financial contracts with associated coupons, and non-U.S. holders may face 30% withholding on coupons.
Morgan Stanley Finance LLC is issuing Series A Contingent Income Auto-Callable Notes due July 21, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a stated principal amount and issue price of $1,000. The notes are linked to the worst performing of Broadcom (AVGO), JPMorgan Chase (JPM) and Microsoft (MSFT). Principal is scheduled to be repaid at maturity if the notes are not called, in addition to any final contingent coupon, subject to the issuer’s and guarantor’s credit.
The notes pay a 10.10% per annum contingent coupon, calculated and paid monthly only if on each observation date all three stocks are at or above 75% of their initial levels. Starting July 16, 2027, the notes are automatically redeemed if on a redemption determination date each stock is at or above 100% of its initial level, returning $1,000 plus the applicable coupon, after which no further payments are made. Investors do not participate in any stock appreciation and may receive few or no coupons. The estimated value on the pricing date is approximately $967.80 per note, below the $1,000 issue price due to issuance, structuring and hedging costs and Morgan Stanley’s funding rate. The notes are unsecured, not listed, may have limited secondary liquidity, and involve complex U.S. tax treatment that may require recognizing taxable income in excess of cash coupons.