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 callable, principal-at-risk notes due June 29, 2029 linked to the worst performing of the Global X Uranium ETF (URA), iShares Silver Trust (SLV) and SPDR Gold Trust (GLD). The notes have a stated principal amount of $1,000 per security and pay a contingent coupon at an annual rate of 19.75% only when the closing level of each underlier meets or exceeds its coupon barrier on an observation date. If any underlier is below its downside threshold at maturity, the payment equals the stated principal multiplied by the performance factor of the worst performing underlier, which could result in a significant loss or total loss of principal. The issuer may call the notes on specified redemption dates after a valuation-model determination; estimated value on the pricing date was approximately $945.00 per security. All payments are subject to Morgan Stanley and MSFL credit risk; investors will not participate in any upside of the underliers.
Morgan Stanley Finance LLC published a preliminary pricing supplement for a structured, market-linked offering: contingent fixed return and contingent downside principal-at-risk securities linked to the lowest performing common stock of Broadcom Inc. and Micron Technology, Inc. The securities have a $1,000 face amount, an estimated value of approximately $953.00 per security (± $25), a preliminary contingent fixed return of at least 43.00% (approximately $430 per $1,000 face amount), a pricing date of June 26, 2026 and a scheduled maturity of July 15, 2027. The securities pay the face amount plus the contingent fixed return only if the lowest performing underlying stock's ending price is at or above its threshold (50% of its starting price); otherwise the holder is exposed to the full downside of the lowest performing underlying stock at maturity. The document highlights transaction costs, dealer commissions and material risks including issuer credit risk, limited secondary market liquidity and uncertain U.S. federal tax treatment.
Morgan Stanley Finance LLC priced a Buffered PLUS principal-at-risk note program: $1,000 stated principal per security, aggregate $1,118,000, with an observation date of June 22, 2032 and maturity on June 25, 2032. The securities pay no interest and provide a 231% leverage factor on upside above the initial level of 600.17, an 85% buffer level of 510.145, and a minimum payment at maturity equal to 15% of principal.
At maturity investors receive principal plus leveraged upside if the final level > initial level; full principal if final level ≥ buffer level; and pro rata losses beyond the 15% buffer if final level < buffer level. All payments are unsecured obligations of MSFL and are unconditionally guaranteed by Morgan Stanley; payments remain subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC is offering callable, principal-at-risk structured notes—"Callable Dual Directional Jump Securities"—linked to the S&P 500® Futures Excess Return Index. Each security has a $1,000 stated principal amount and matures on July 3, 2031.
The notes feature a call right beginning on July 13, 2027 with fixed early redemption payments (first scheduled redemption payment $1,120). If not called, maturity payoffs: (1) if the final level > initial level, investors receive principal plus upside at a 500% participation rate; (2) if final level ≤ initial but ≥ downside threshold (which is 60% of initial), investors receive principal plus a positive absolute-return-based payment (capped at 40%); (3) if final level < downside threshold, investors suffer proportional principal loss (payment = stated principal × final/initial).
The estimated value on the pricing date was approximately $962.40 per security; all payments are subject to Morgan Stanley’s credit risk and the issuer may redeem early based on a risk neutral valuation model.
Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk securities linked to the iShares® Semiconductor ETF (SOXX). Each security has a $1,000 stated principal amount, a 200% leverage factor on upside (capped at a $1,492.50 maximum payment) and a 10% buffer (90% buffer level). The securities mature on August 26, 2027 with the observation date on August 23, 2027. If the final level is below the buffer level, investors lose 1% for each 1% decline beyond the buffer; if the final level is between the buffer level and the initial level, investors receive principal; if above the initial level investors receive leveraged upside subject to the cap. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley. Purchasers bear issuance costs included in the $1,000 issue price; the estimated value on the pricing date was $969.30 per security.
Morgan Stanley Finance LLC priced buffered jump, auto-callable principal-at-risk notes tied to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a $1,000 stated principal amount and an estimated value on the pricing date of $909.40. The notes pay no regular interest, include a 15% buffer (buffer level 1,196.001), and may be automatically redeemed on scheduled determination dates if the underlier is at or above the call threshold (initial level and call threshold: 1,407.06). If not called, maturity payouts vary: $1,905.00 if final level ≥ call threshold; $1,000 if final level ≥ buffer level; otherwise investors absorb losses beyond the 15% buffer, with a minimum payment of 15% of principal. All payments are subject to MSFL's and Morgan Stanley's credit risk. The offering aggregates $251,000 of principal; agent commissions total $42.50 per security.
Morgan Stanley Finance LLC priced Principal-at-Risk notes that are fully guaranteed by Morgan Stanley: $1,000 stated principal per security, aggregate $271,000, issued at $1,000 with an estimated value of $934 on the pricing date. The notes pay a contingent coupon of 13.00% per annum on specified observation dates only if the underlier meets the coupon barrier.
Automatic early redemption may occur if the underlier equals or exceeds the call threshold (3,443.92) on a redemption determination date. At maturity (June 26, 2031) investors either receive principal if the final level is at or above the downside threshold (2,066.352) or a pro rata payment equal to the performance factor (final level / initial level), exposing holders to full principal loss. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC priced contingent income auto-callable securities linked to Super Micro Computer, Inc. stock. The issue totals $317,000 aggregate in $1,000 denominations with a stated principal amount of $1,000 per security and maturity on June 27, 2029. The securities are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley.
The notes pay a contingent coupon at an annual rate of 26.85% on scheduled coupon dates only if the underlier’s closing level on each observation date meets or exceeds the coupon barrier of $17.73 (50% of the initial level). The initial/strike closing level was $35.46, which also sets the call threshold at $35.46. If not auto-redeemed and the final level is $17.73 (50% of initial), holders suffer pro rata principal loss (performance factor = final/initial). Estimated value at pricing was $933.70 per security; agent commission was $28.50 per security.
Morgan Stanley Finance LLC is offering Principal-at-Risk auto-callable notes with an $867,000 aggregate principal amount at $1,000 per security. The securities pay a contingent coupon at an annual rate of 13.25% on observation dates when both underliers meet their coupon barrier levels. They reference the Nasdaq-100® Technology Sector (NDXT) and the Russell 2000® Index (RTY), have a maturity date of September 27, 2027, and may be automatically redeemed on specified redemption determination dates beginning December 22, 2026.
If not auto‑redeemed, a payment at maturity will be the stated principal if each underlier’s final level is at or above its downside threshold (75% of the initial level); otherwise the maturity payment equals the stated principal times the performance factor of the worst performing underlier, potentially resulting in a complete loss of principal. All payments are subject to Morgan Stanley’s credit risk. The estimated value on the pricing date was $978.70 per security.
Morgan Stanley Finance LLC priced Principal at Risk notes linked to the S&P 500® Index. The offering consists of $1,773,000 aggregate principal in securities at a stated principal amount of $1,000 per security, issued June 25, 2026 with maturity July 27, 2027. Payments depend on the final level on the observation date (July 22, 2027): upside participation is 100% capped at a $1,075 maximum payoff; an absolute-return participation of 100% applies if the index declines but remains at or above an 80% buffer level; if the index is below the buffer, losses occur 1:1 beyond the 20% buffer, subject to a minimum payment of 20% of principal. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley; market value and recovery depend on Morgan Stanley creditworthiness. The estimated value on pricing date was $990.80 per security.