MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC is offering Principal at Risk, contingent income auto-callable securities due July 3, 2031, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an issue price of $1,000. The securities pay a contingent coupon at an annual rate of 8.25% only if, on each observation date, the closing level of each underlier is at or above its coupon barrier (each set at 70% of its initial level). The securities may be automatically redeemed early if all underliers are at or above their call thresholds (set at 100% of initial levels) on any redemption determination date, in which case holders receive the stated principal plus the contingent coupon for that period. If not redeemed, payment at maturity is the stated principal if each final level is at or above its downside threshold (70%); otherwise the payment equals the stated principal multiplied by the performance factor of the worst performing underlier and could be significantly less or zero. The estimated value on the pricing date was approximately $943.70 per security. All payments are subject to the issuer's and guarantor's credit risk.

Morgan Stanley Finance LLC offers market‑linked, auto‑callable principal‑at‑risk securities linked to Super Micro Computer, Inc. (SMCI) with a June 28, 2029 maturity. Each security has a face amount of $1,000, an estimated value on the pricing date of $956.90 (± $30.00), and a contingent coupon rate to be set on pricing at at least 25% per annum. The securities pay monthly contingent coupons only if the underlying stock closes at or above a coupon threshold (set at 45% of the starting price), are subject to an automatic call beginning after a 3‑month non‑call period if the stock closes at or above a call threshold (set at 85% of the starting price), and expose investors to downside principal risk if the ending price is below the downside threshold (45% of the starting price).

Key commercial terms: pricing date June 25, 2026, original issue date June 30, 2026, maturity June 28, 2029, minimum purchase $1,000. Offering expenses reduce economic value: agent commission up to $23.25 per security and estimated proceeds to issuer of $976.75 per security.

Morgan Stanley Finance LLC is offering structured, principal-at-risk securities linked to the Global X Copper Miners ETF that mature on July 15, 2027. Each security has a $1,000 face amount, a current estimated value of approximately $955.00, and a contingent fixed return of at least 23.60% (at least $236) if the ending price is greater than or equal to a threshold equal to 75% of the starting price. If the ending price is below the threshold, holders are exposed 1-to-1 to the underlying’s decline and may lose more than 25% or all of their investment. The pricing date is June 26, 2026, original issue date is July 1, 2026, and the calculation day is scheduled for July 12, 2027. Secondary-market liquidity may be limited; all payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC is offering structured, auto-callable Jump Notes due June 24, 2031 that are fully guaranteed by Morgan Stanley. Each note has a stated principal amount of $1,000, was issued at $1,000 with an estimated value on the pricing date of $936.10, and the offering aggregates to $270,000.

The notes pay no interest, reference the worst-performing of Bloom Energy class A and Vertiv class A shares, and may be automatically redeemed on scheduled determination dates if both underliers meet 90% call-threshold levels. If not auto-redeemed, maturity pays a fixed positive amount only if both final levels meet their thresholds; otherwise investors receive the stated principal.

Morgan Stanley Finance LLC is offering callable contingent income securities due June 22, 2029 linked to the worst performing of the Dow Jones Industrial Average, the Russell 2000® Index and the State Street® Technology Select Sector SPDR® ETF. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of $980.90. The notes pay a contingent coupon at an annual rate of 12.80% for each interest period only if the closing level of every underlier on the related observation date is at or above its coupon barrier (70% of the initial level). The securities can be called beginning on March 23, 2027 subject to a risk neutral valuation model determination by the calculation agent. At maturity, if any underlier’s final level is below its downside threshold (60% of initial), investors suffer loss equal to the percentage decline of the worst performing underlier; principal could be significantly reduced or zero. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced callable contingent income securities offering. The securities, issued at $1,000 each with an aggregate principal amount of $1,690,000, pay a contingent coupon of 9.55% per annum only if each underlying index is at or above its coupon barrier on the related observation date. Investors face principal at risk: at maturity, if the final level of any underlier is below its downside threshold (60% of initial), the payment equals the stated principal multiplied by the worst-performing underlier's performance factor and could be zero. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, subject to issuer credit risk, an economically rational call feature based on a risk neutral valuation model, and limited secondary market liquidity.

Morgan Stanley Finance LLC is offering structured, auto-callable Jump Notes due June 24, 2031, backed by an unconditional guarantee of Morgan Stanley. The offering comprises $260,000 aggregate principal at a stated principal amount of $1,000 per note, with an estimated value on the pricing date of $935.10 per note. The notes pay no interest, are linked to the worst performing of three stocks (Bloom Energy, Carvana and Qualcomm), and feature automatic early redemption starting on the first determination date of June 21, 2027 with scheduled early redemption payments equivalent to approximately 17.50% per annum. All payments are subject to the issuer’s credit risk; the notes are unsecured, non‑listed and do not provide participation in any appreciation of the underliers.

Morgan Stanley Finance LLC priced contingent income auto-callable notes maturing June 22, 2029. The notes are unsecured obligations of MSFL, fully guaranteed by Morgan Stanley, issued at $1,000 per note with an aggregate principal amount of $593,000. They pay a contingent coupon of 6.90% per annum monthly only if the closing level of each underlying stock meets or exceeds its coupon barrier on the observation date; otherwise no coupon is paid for that period.

The notes are linked to the worst performing common stock of NVIDIA, Amazon and Tesla, use the worst-performing underlier to determine value, do not participate in upside appreciation, and can be automatically redeemed early if all three underliers meet call threshold levels on a redemption determination date. Estimated value on the pricing date was $965.60 per note; the original issue price was $1,000.

Morgan Stanley Finance LLC priced structured Jump Notes due June 22, 2029, fully guaranteed by Morgan Stanley, linked to the worst performing of Alphabet (Class C), Meta (Class A) and NVIDIA common stock. The notes pay no interest, have a $1,000 stated principal per note and an aggregate offering of $4,681,000. They may be automatically redeemed on the first determination date (June 22, 2027) for an early redemption payment of $1,208 if each underlier is at or above its call threshold. If not auto‑redeemed, maturity payment depends on the worst performing underlier; investors receive principal plus an upside payment only if that worst underlier finishes above its initial level; otherwise they receive the stated principal only. All payments are subject to Morgan Stanley's credit risk. Estimated value on the pricing date was $973.50 per note.