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 Enhanced Buffered Jump Securities linked to the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. These unsecured notes pay no interest, have no principal guarantee and mature on July 23, 2027, with an observation date on July 20, 2027.
Each security has a $1,000 stated principal amount and is issued at $1,000, with an aggregate principal amount of $750,000. If the S&P 500 final level is at or above the buffer level of 6,565.869 (87.50% of the 7,503.85 initial level), investors receive $1,000 plus a fixed upside payment of $81.30 per security, an 8.13% return regardless of how much the index has risen above the buffer. If the final level is below the buffer level, investors lose 1.1429% of principal for every 1% index decline beyond the 12.50% buffer, with no minimum payment, so the entire investment can be lost.
The estimated value on the pricing date is $986.40 per $1,000 security, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s funding rate. The securities are subject to Morgan Stanley’s and MSFL’s credit risk, limited liquidity, potential conflicts of interest in calculation and hedging, index adjustment risk and uncertain U.S. federal income tax treatment, including for Non-U.S. Holders.
Morgan Stanley Finance LLC is offering floating rate callable notes due July 24, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes pay annual interest at a variable rate equal to 7.00% per annum × N/ACT, where interest accrues only for days when the 10-Year Constant Maturity Treasury Rate (10CMT) is greater than or equal to 0.00% and less than or equal to 5.00%. On days when 10CMT is outside this range, the interest rate is 0.00% for that day.
The issuer may redeem the notes in whole, but not in part, on annual redemption dates beginning July 24, 2027, at 100% of principal plus accrued interest, if a risk neutral valuation model indicates redemption is economically rational for the issuer. The notes are unsecured, not listed on any exchange, and their estimated value on the pricing date is approximately $951.60 per $1,000 note. Proceeds will be used for general corporate purposes, and all payments are subject to the credit risk of MSFL and Morgan Stanley.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Contingent Income Auto-Callable Securities due August 12, 2027 linked to the common stock of Conagra Brands, Inc. Each security has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $665,000.
Investors may receive a contingent coupon at an annual rate of 17.50%, paid only if the underlier’s closing level on an observation date is at or above the coupon barrier level of $9.364, which is 68% of the initial level of $13.77. The securities are automatically redeemed at par plus the applicable coupon if, on any redemption determination date beginning January 8, 2027, the closing level is at or above the call threshold level of $13.77.
If not redeemed early, and the final level on August 9, 2027 is at or above the downside threshold level of $9.364, investors receive the stated principal amount (plus the final contingent coupon, if payable). If the final level is below the downside threshold, the maturity payment equals the principal multiplied by the performance factor (final level divided by initial level), exposing investors to a loss of 1% of principal for each 1% decline in the underlier, potentially to zero. The estimated value on the pricing date is $968.70 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Enhanced Buffered Jump Securities maturing July 23, 2027, linked to the Roundhill Memory ETF (DRAM). Each note has a stated principal amount of $1,000, pays no interest and offers no principal protection.
The aggregate principal amount is $1,000,000, issued at $1,000 per security with estimated value on the pricing date of $981.00. If the final ETF level on the July 20, 2027 observation date is at or above the buffer level of $39.384 (65% of the $60.59 initial level), investors receive $1,433.50 per security, a fixed 43.35% upside payment, regardless of how far the ETF has risen. If the final level is below the buffer level, investors lose 1.5385% of principal for every 1% decline beyond the 35% buffer, with no minimum payment; the investment can go to zero.
The notes are unsecured obligations subject to Morgan Stanley’s credit risk, may be illiquid, and embed complex tax treatment, including potential application of “constructive ownership” and Section 871(m) rules.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing principal-at-risk Jump Securities with an auto-call feature maturing on July 12, 2029, linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The offering size is $2,130,000, at $1,000 per security.
The notes may be automatically redeemed on July 20, 2027 if, on July 15, 2027, each index is at or above 100% of its initial level, paying a fixed $1,208.50 per security and terminating further payments. If held to maturity and not called, investors receive principal plus 150% of the gain of the worst index if all three finish above their initial levels, only principal if all remain at or above 70% of initial, and a loss matching the full decline of the worst index if any finishes below 70%, potentially reducing payment to zero.
The estimated value on the pricing date is $965.40 per $1,000 security, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s funding rate. The notes pay no interest, are unsecured obligations subject to Morgan Stanley’s credit risk, and involve complex tax and liquidity considerations.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing contingent income auto-callable structured securities linked to the worst performer of the Nasdaq-100® Technology Sector Index, the State Street® Energy Select Sector SPDR® ETF and the State Street® SPDR® S&P® Regional Banking ETF. The notes have a stated principal amount of $1,000 per security, an aggregate principal amount of $1,101,000, and mature on July 11, 2031.
Investors may receive a contingent coupon at an annual rate of 11.50%, paid only if on each observation date all three underliers are at or above their coupon barrier levels, set at 70% of their initial levels. The notes are auto-callable quarterly starting July 8, 2027 if all underliers are at or above their call threshold levels, equal to 100% of initial levels, paying principal plus the applicable coupon.
If not called, principal is repaid at maturity only if each underlier’s final level is at or above its downside threshold level, set at 60% of its initial level. If any underlier finishes below its downside threshold, repayment is reduced in proportion to the decline of the worst-performing underlier, and the payment can be zero. All payments depend on Morgan Stanley’s credit, and the estimated value on the pricing date is $933.50 per $1,000 security.
Morgan Stanley Finance LLC is offering $2,445,000 of Enhanced Trigger Jump Securities linked to Micron Technology, Inc. common stock, fully guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest and matures on August 12, 2027.
At maturity, if Micron’s closing price on the observation date is at or above the downside threshold level of $469.19, investors receive $1,000 plus a fixed upside payment of $452.30 per security, a 45.23% return, regardless of how much Micron has risen or fallen within that range. If the final level is below the threshold, repayment is $1,000 multiplied by the performance factor (final level divided by the $938.38 initial level), producing a 1% loss of principal for each 1% decline in Micron, with no minimum payment and potential total loss.
The original issue price is $1,000 per security, including $10.42 in placement fees, while the issuer’s estimated value on the pricing date is $979.90, reflecting embedded costs and its own pricing models. The notes are unsecured obligations subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, may be illiquid in the secondary market, and involve complex, uncertain U.S. tax treatment.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due July 12, 2029, linked to the worst performer among the common stocks of Apollo Global Management, Ares Management and Blackstone. Each security has a $1,000 stated principal amount, issue price of $1,000 and aggregate principal of $1,930,000, and is fully and unconditionally guaranteed by Morgan Stanley. The notes pay a contingent coupon at 22.20% per annum, only if on each observation date all underliers close at or above their coupon barrier levels, set at 60% of their initial levels. The notes are auto-callable quarterly starting July 8, 2027 if all underliers are at or above their call thresholds (100% of initial levels), returning principal plus the applicable coupon. If not called, and at maturity any underlier is below its downside threshold (also 60% of initial), investors lose 1% of principal for each 1% decline in the worst performer, potentially losing their entire investment. The estimated value on the pricing date is $964.50 per security, below the issue price, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Contingent Income Memory Buffered Auto-Callable Securities due June 13, 2029 linked to the worst performer of the State Street SPDR S&P Metals & Mining ETF (XME) and the VanEck Gold Miners ETF (GDX). Each security has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $1,624,000 and an estimated value on the pricing date of $953.70, reflecting embedded fees and hedging costs.
The notes pay a 7.25% per annum contingent coupon, evaluated on scheduled observation dates, only if the closing level of each ETF is at or above its coupon barrier (50% of its initial level). Missed coupons may be “caught up” later if both ETFs are again at or above their barriers, but investors could receive few or no coupons over the term.
The securities are automatically called if, on any redemption determination date from January 8, 2027 onward, each ETF is at or above its call threshold (100% of initial level), returning principal plus the relevant coupon and any unpaid coupons. If held to maturity and not called, investors receive full principal only if each ETF’s final level is at or above its buffer level (80% of initial). If either is below its buffer, repayment is reduced 1% for each 1% decline of the worst performer beyond the 20% buffer, subject to a minimum payment of 20% of principal, exposing investors to substantial loss of capital. All payments are unsecured and subject to Morgan Stanley’s and MSFL’s credit risk, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Dual Directional Jump Securities linked to the S&P 500® Futures Excess Return Index, maturing on July 21, 2031. Each security has a stated principal amount and issue price of $1,000 and an estimated value on the pricing date of approximately $940.90.
The notes can be automatically redeemed starting July 23, 2027 if the index is at or above a call threshold equal to 100% of the initial level, paying early redemption amounts such as $1,100 or $1,200 per security for returns of about 10% per annum. If held to maturity, investors receive leveraged upside at a 125% participation rate when the final level is above the initial level, and a dual-direction feature that can provide up to a 30% positive return when the index moves up or down but finishes at or above a downside threshold set at 70% of the initial level. Below this threshold, investors lose 1% of principal for each 1% index decline and may lose their entire investment. All payments depend on Morgan Stanley’s credit, and the July 8, 2026 index closing level was 599.18.