Morgan Stanley SEC Filings

Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $4,531,000 of Jump Securities with an auto-call feature linked to the Dow Jones Industrial Average, S&P 500 Index and Russell 2000 Index. Each security has a $1,000 stated principal amount and is sold at $1,000, while the estimated value on the pricing date is $956.50, reflecting embedded issuance, structuring and hedging costs.

The notes do not pay interest and put principal at risk. Beginning with the first determination date on November 18, 2026, the securities are automatically redeemed if each index closes at or above its call threshold (95% of its initial level), paying an early redemption amount that corresponds to roughly 8.75% per annum and increases over time.

If not called, payment at maturity in November 2030 depends on the worst performing index. Investors receive $1,437.50 per security if all indices are at or above their call thresholds, only $1,000 if all stay above their 75% downside thresholds, and a loss of 1% of principal for each 1% decline in the worst index below its downside threshold, potentially losing the entire investment. All payments depend on Morgan Stanley’s credit.

Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $6,000,000 of Trigger PLUS notes due November 18, 2030, each with a $1,000 principal amount, linked to the EURO STOXX 50® Index. These principal-at-risk securities pay no interest and can return less than the amount invested, including a possible total loss.

At maturity, investors receive leveraged upside of 300% of index gains, capped at a maximum payment of $1,796.50 per security (179.65% of principal). If the index closes at or above 75% of its initial level of 5,742.79 on the observation date, investors receive their principal back; below that threshold, repayment is reduced one-for-one with the index decline. The estimated value on the pricing date is $961.20 per security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate, and the notes are not listed on any exchange.

Morgan Stanley Finance LLC filed a preliminary pricing supplement for Enhanced Buffered Jump Securities, unsecured notes fully and unconditionally guaranteed by Morgan Stanley. The securities are linked to the worst performer of the Russell 2000, S&P 500, and Nasdaq-100 Technology Sector indices, pay no interest, and are issued in $1,000 denominations.

The notes mature on February 23, 2027 with a single observation on February 18, 2027. If each index finishes at or above its 85% buffer level, holders receive principal plus a fixed upside payment of $116 per security (11.60%). If any index ends below its buffer, the payout is reduced by 1% for each 1% decline of the worst performer beyond the buffer, subject to a minimum payment at maturity of 15% of principal.

The notes will not be listed, and all payments are subject to the issuer’s and guarantor’s credit risk. The preliminary estimated value on the pricing date is approximately $965.40 per security (within $25.00 of that estimate), reflecting issuance, selling, structuring, and hedging costs and an internal funding rate.

Morgan Stanley Finance LLC filed a preliminary 424(b)(2) for Contingent Income Memory Securities due December 3, 2029, fully and unconditionally guaranteed by Morgan Stanley (MS). The notes are linked to the worst performer of the S&P 500, Nasdaq-100 Technology Sector Index, and Russell 2000, are principal-at-risk, and will not be listed.

The securities offer a 9.40% per annum contingent coupon, payable only if on each observation date the closing level of each underlier is at or above its coupon barrier set at 80% of its initial level. Missed coupons have a “memory” feature and may be paid later when all underliers meet the barrier. At maturity, if each underlier’s final level is at or above its 70% downside threshold, investors receive the stated principal plus any payable coupons; otherwise, repayment is reduced 1% for every 1% decline in the worst underlier and could be zero.

The price to public is $1,000 per security; the preliminary estimated value on the pricing date is approximately $994.50 per security (or within $30 of that estimate). All payments are subject to the issuer’s and guarantor’s credit risk.

Morgan Stanley Finance LLC filed a preliminary pricing supplement for Trigger PLUS, principal-at-risk structured notes fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest and return depends on the worst performing of the S&P 500, Dow Jones Industrial Average, and Russell 2000.

At maturity on November 29, 2030, holders receive par plus a leveraged upside if each index finishes above its initial level, with 400% upside participation capped at a maximum payment of $1,600 per $1,000. If any index is at or below its initial level but all are at or above their 70% downside threshold, repayment is at par. If any index closes below its downside threshold, repayment is reduced 1% for each 1% decline in the worst performer, which could result in a total loss of principal.

The notes will not be listed. The preliminary estimated value on the pricing date is approximately $935 per security (within $55 of that estimate). Key dates include strike/pricing on November 24, 2025 and observation on November 25, 2030. All payments are subject to the issuer’s and guarantor’s credit risk.

Morgan Stanley Finance LLC priced Contingent Income Buffered Auto-Callable Securities linked to the worst performer of the Nasdaq‑100 Index, Russell 2000 Index and Utilities Select Sector SPDR Fund, fully guaranteed by Morgan Stanley. The offering totals $775,000 at $1,000 per security, maturing on May 17, 2027.

The notes pay a contingent coupon of 8.50% per annum only if each underlier is at or above its 80% coupon barrier on observation dates. They auto-call if, on a redemption determination date starting May 12, 2026, each underlier is at or above its 100% call threshold, returning principal plus the applicable coupon. At maturity, if not called and each underlier is at or above its 80% buffer level, investors receive principal; otherwise, losses match the decline of the worst underlier beyond the 20% buffer, subject to a minimum payment of 20% of principal.

The estimated value on the pricing date is $980.30 per security. Proceeds to the issuer are $769,962.50 after $5,037.50 in agent commissions and fees. The securities are unsecured, subject to the issuer’s and guarantor’s credit risk, and will not be listed.

Morgan Stanley (MS) filed a Form 13F Combination Report, indicating some positions are reported here and others by affiliated managers. The filing lists 45,055 information table entries with a reported aggregate value of $1,651,669,691,071. It includes 24 other included managers and identifies one additional reporting manager, Morgan Stanley Institutional Investment Advisors LLC. The report is signed by Authorized Signatory Chris O’Hara.

Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Digital S&P 500 Index‑Linked Notes under its global medium‑term note program. The notes pay no interest and the cash payment at maturity depends on S&P 500 performance over an expected 13–15 month term.

If the index finish is at or above 90% of the initial level, investors receive a capped return equal to the Maximum Settlement Amount, expected to be $1,080.80–$1,094.80 per $1,000. If the index declines by more than 10%, repayment is reduced by the decline beyond the 10% threshold multiplied by the ~111.11% buffer rate, and investors can lose all principal. The preliminary estimated value is approximately $984.40 per note.

Per‑note economics show a $1,000 price to the public, a 1.09% sales commission ($10.90) and proceeds to the issuer of $989.10. The notes are unsecured obligations of MSFL, not listed on any exchange, and secondary market making by MS & Co. may be limited.

Morgan Stanley Finance LLC priced a Rule 424(b)(2) offering of Buffered PLUS linked to the iShares MSCI EAFE ETF, fully and unconditionally guaranteed by Morgan Stanley. The deal totals $1,002,000 in aggregate principal at an issue price of $1,000 per security, with an estimated value of $983.90 on the pricing date.

The notes pay no interest and mature on February 16, 2027 (observation date February 10, 2027). Upside is leveraged at 150% and capped at a maximum payment of $1,151.50 per security. Principal is protected down to a 10% buffer (buffer level $85.761 vs. initial level $95.29); below the buffer, losses match the underlier’s decline beyond 10%, subject to a minimum payment of 10% of principal.

MS&Co., an affiliate, acts as agent. Per-security economics show price to public $1,000, agent’s commissions and fees $6.50, and proceeds to issuer $993.50 (total proceeds $995,487). The notes will not be listed, and secondary liquidity may be limited. All payments are subject to the issuers’ credit risk.