MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC is offering Structured Investments — Enhanced Trigger Jump Securities due July 9, 2027 — unsecured notes fully and unconditionally guaranteed by Morgan Stanley. The offering registers an aggregate principal amount of $682,000 at an issue price of $1,000 per security.

The securities pay no interest and the maturity payoff depends solely on the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices measured on the observation date. If the worst performing underlier is at or above its 60% downside threshold, holders receive the stated principal plus a fixed $89 upside payment. If the worst performing underlier is below its 60% threshold, holders suffer an equal percentage loss of principal (1% loss of principal per 1% index decline), with no minimum payment. All payments are subject to the issuer’s and guarantor’s credit risk.

Morgan Stanley Finance LLC priced a $3,582,000 offering of Structured Investments — Dual Directional Buffered Jump Securities due June 8, 2029 backed by a full guarantee of Morgan Stanley. The securities have a $1,000 stated principal amount and were issued at $1,000 per security.

The notes reference the S&P 500® Index, provide a fixed $192 upside payment if the final level is at or above the initial level, an absolute-return participation feature of 400% for declines down to an 80% buffer, a 20% buffer level (initial level 7,383.74; buffer 5,906.992), and a minimum payment at maturity equal to 20% of principal. All payments are subject to issuer credit risk and U.S. federal tax treatment is described as uncertain.

Morgan Stanley Finance LLC offers Structured Investments — Buffered Participation Securities fully and unconditionally guaranteed by Morgan Stanley, registering an aggregate principal amount of $1,406,000 at a stated principal amount of $1,000 per security. The securities issue on June 10, 2026 with an observation date of December 4, 2026 and maturity on December 9, 2026. Investors receive 100% participation in upside subject to a $1,295 maximum payment (129.50% of principal). A 10% buffer applies: final levels at or above 90 return principal; below 90, losses apply at a 1.1111 downside factor (1.1111% loss per 1% decline beyond the buffer). The estimated value on the pricing date was $979.60 per security and the offering price was $1,000 per security. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced market-linked, auto-callable principal-at-risk securities linked to Super Micro Computer, Inc. (SMCI) with a 24.05% per annum contingent coupon and a June 8, 2029 maturity. Each security has a face amount of $1,000, an estimated value at issuance of $963.70, and pays coupons monthly only if the stock closing price on monthly calculation days meets the coupon threshold of $18.738 (45% of the $41.64 starting price).

The notes include a three-month non-call period, thereafter monthly automatic-call opportunity if the stock meets a call threshold of $35.394 (85% of the starting price). If not called, principal at maturity is $1,000 if the ending price is at or above the downside threshold of $18.738; otherwise payment is reduced by the performance factor and investors may lose more than 55% (possibly all) of principal. All payments are subject to Morgan Stanley credit risk. Distribution arrangements and underwriting fees are shown on the cover.

Morgan Stanley Finance LLC offers Jump Securities with Auto-Callable Feature due June 8, 2028 under a June 2026 pricing supplement backed by a $1,040,000 aggregate principal issuance. The securities are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley.

The securities reference the common stock of Advanced Micro Devices, Inc. (initial share price $466.38) and Marvell Technology, Inc. (initial share price $263.47). Beginning after a one-year non-call period, monthly determination dates can trigger automatic redemption for preset early redemption payments. If not called, maturity payoffs depend on the worst-performing underlying stock: investors receive $2,250.16 at maturity if both final share prices are ≥60% of their initial prices; otherwise the maturity payment equals $1,000 × share performance factor of the worst performing underlying stock, which could result in a loss of most or all principal.

Morgan Stanley Finance LLC priced a callable, principal-at-risk note program totaling $1,850,000 of Structured Investments — Callable Contingent Income Securities due December 9, 2027. Each security has a stated principal amount of $1,000, an issue price of $1,000, and an estimated value on the pricing date of $989.20.

The securities pay a contingent coupon at an annual rate of 12.90% only when the closing level of both underliers (the Russell 2000® and the S&P 500®) are at or above their coupon barrier levels on observation dates. Coupon barrier and downside threshold levels are set at 75% of each index’s initial level. If a trigger event occurs, investors are exposed to the negative performance of the worst performing underlier and may lose up to their entire principal. The notes are callable based on the output of a risk neutral valuation model and are unsecured obligations guaranteed by Morgan Stanley.

Morgan Stanley Finance LLC priced a series of Principal at Risk Securities linked to the S&P 500® Index. The offering totals $850,000 in aggregate principal at a $1,000 stated principal amount per security and has a stated maturity of June 22, 2027.

At maturity the notes pay a fixed upside payment of $84.50 (8.45%) if the final level is at or above the downside threshold (80% of the initial level). If the final level is below that threshold, investors bear losses pro rata (1% loss in principal per 1% decline in the index) and could lose their entire investment. All payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC priced Principal at Risk notes linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500. The securities have a $1,000 stated principal amount, an original issue price of $1,000 and maturity on December 9, 2027. Investors receive a fixed $141.50 upside payment (14.15%) if the worst performing underlier is at or above 70% of its initial level on the observation date; if all underliers finish at or above 60% but below 70% of initial levels, investors receive only principal; if the worst performing underlier finishes below 60% of its initial level, investors lose principal on a 1% per 1% decline basis, with no minimum payment. Payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and are subject to issuer credit risk. Estimated value on the pricing date was $983.30 per security; aggregate principal offered was $1,415,000.

The pricing supplement describes Morgan Stanley Finance LLC notes, fully guaranteed by Morgan Stanley, linked to the S&P 500® Index with $1,000 stated principal per security and an aggregate offering of $673,000. The securities mature on June 9, 2033 with an observation date of June 6, 2033. If the final level is at or above the 10% buffer, holders receive the stated principal plus a fixed $710 upside payment. If the final level is below the buffer, investors lose 1% for each 1% decline beyond the buffer, subject to a 10% minimum payment at maturity. Estimated value on the pricing date was $959.60. Sales are to fee-based advisory accounts; MS & Co. expects to sell securities at $1,000 to the public with proceeds to issuer of $992 per security.