MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC is offering Dual Directional Buffered PLUS principal-at-risk securities due June 28, 2028 that are fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an issue price of $1,000.

The securities provide leveraged upside (150% leverage, capped at a $1,950 maximum payout), an absolute-return participation feature if the underlier declines but remains above a 20% buffer, and a downside that exposes investors to losses beyond the buffer with a 20% minimum payment at maturity. The estimated value on the pricing date was approximately $950.50.

Morgan Stanley Finance LLC is offering principal-at-risk, contingent-income, buffered auto-callable securities linked to Class A common stock of CoreWeave, Inc. Each security has a stated principal amount of $1,000 and an original issue date of June 16, 2026. The notes pay a contingent coupon only if the underlier’s closing level on each observation date meets or exceeds the coupon barrier, and they are automatically redeemed early if the closing level meets or exceeds the call threshold on a redemption determination date. At maturity, if not redeemed, investors receive principal only if the final level is at or above the buffer level; below the buffer, losses equal 2% for every 1% decline beyond the buffer (downside factor 2), and the payment could be zero. All payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC is offering structured, principal‑at‑risk, auto‑callable securities due June 14, 2029 that are fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an original issue price of $1,000. The securities reference three ETFs and pay based on the worst performing underlier. They feature a single automatic early redemption opportunity with a first determination date of June 10, 2027 yielding an early redemption payment of $1,610 if each underlier meets its 100% call threshold on that date. If not auto‑redeemed, maturity payoffs depend on the worst performing underlier: (1) upside with a 150% participation rate if all final levels exceed initial levels; (2) return of principal if final levels are ≥ downside thresholds (70% of initial); or (3) a reduced payment tied to the worst performing underlier that can result in total loss of principal.

Morgan Stanley Finance LLC is offering Principal at Risk structured notes due June 15, 2029, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $922.50. The securities are linked to the worst performing of three stocks: The Home Depot, Intercontinental Exchange and Johnson & Johnson. An automatic early redemption feature can pay $1,550 per security on the first determination date (June 16, 2027) if each underlier meets its call threshold. At maturity the payout depends on the worst performing underlier: investors may receive the principal plus an upside payment (participation 150%), the stated principal only, or a reduced payment that can result in the loss of principal. All payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC offers Principal at Risk Dual Directional Buffered Participation Securities tied to the S&P 500® Index with a stated principal amount of $1,000 per security. The securities mature on July 27, 2027 and pay no interest.

Payments at maturity depend on the final index level on the observation date: investors receive the stated principal plus upside (100% participation) capped at $1,075 per security if the index rises; receive a limited positive return if the index declines but remains at or above an 80% buffer level (20% buffer); and suffer proportional principal losses for declines below that buffer, subject to a minimum payment of 20% of principal. All payments are unsecured obligations of MSFL and are fully guaranteed by Morgan Stanley; market value reflects issuer credit and model-based estimated value of approximately $987.10 on the pricing date.

Morgan Stanley Finance LLC is offering Principal at Risk contingent income memory securities due June 27, 2030. The securities have a stated principal amount of $1,000 per security and a contingent coupon of 10.10% per annum payable only if each of three underliers meets an 80% coupon barrier on observation dates. At maturity investors receive par if each final level is at or above a 70% downside threshold; otherwise repayment equals par multiplied by the performance factor of the worst performing underlier, exposing holders to substantial or total principal loss. The document reports an estimated value on the pricing date of approximately $974.60 per security and notes all payments are subject to Morgan Stanley's credit risk.

Morgan Stanley Finance LLC offers Principal at Risk structured notes linked to the worst performing common stock of The Home Depot, Intercontinental Exchange and Johnson & Johnson. The notes have a stated principal amount of $1,000 per security, an original issue price of $1,000, a participation rate of 150% and a stated early redemption payment of $1,640 on the first early determination date. Automatic early redemption is determined on June 16, 2027; final determination and maturity dates are tied to the closing levels on June 12, 2029 and maturity is June 15, 2029. Payments depend on the worst performing underlier; losses may be up to the full principal if the worst performing underlier falls below its 50% downside threshold. All payments are subject to MSFL and Morgan Stanley credit risk.

Morgan Stanley Finance LLC offers Structured Investments Jump Securities with an auto-callable feature due December 14, 2027, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an original issue price of $1,000. The securities may be automatically redeemed on the first determination date for an early redemption payment of $1,152 if every underlier meets its call threshold. At maturity holders either receive principal plus an upside payment (participation rate 150% of the worst performing underlier’s gain), principal only, or a reduced payment tied to the worst performing underlier (losses of 1% per 1% decline below the 70% downside threshold). Estimated value on the pricing date is approximately $966.20 per security. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC is offering auto-callable, principal-at-risk structured notes due June 22, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an original issue price of $1,000. The notes reference the Dow Jones Industrial Average, the Nasdaq-100 and the Russell 2000 and are linked to the worst performing underlier. If all three underliers meet or exceed their call thresholds on the first determination date (June 23, 2027), the securities will auto-redeem for an early redemption payment of $1,225. If not auto-redeemed, maturity payoff depends on the worst performing underlier: investors can receive the stated principal plus an upside payment (participation rate 175%), the stated principal only, or suffer losses down to zero if the worst performing underlier falls below its downside threshold (70% of initial level). All payments are subject to Morgan Stanley’s credit risk. The document reports an estimated value on the pricing date of approximately $966.60 per security.