MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC priced a preliminary pricing supplement for Structured Investments — Buffered Jump Securities with an auto-callable feature due June 17, 2031, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and links to the S&P 500® Index.

The notes offer automatic early redemption on specified determination dates with fixed early redemption payments that correspond to approximately 7.40% per annum. The securities include a 10% buffer (buffer level = 90% of initial level) and a minimum payment at maturity equal to 10% of principal. Investors bear issuer credit risk, will not receive periodic interest, do not participate in upside of the index, and may lose a significant portion of principal if the final index level is below the buffer.

Morgan Stanley Finance LLC priced an offering of structured, principal-at-risk, market-linked securities due June 1, 2029 that are fully and unconditionally guaranteed by Morgan Stanley. The securities link to the lowest-performing stock of NVIDIA Corporation, Alphabet Inc. (Class A) and Micron Technology, Inc., include a 300% participation rate on positive performance, an automatic-call feature on the call date and contingent downside exposure if the lowest performing stock falls below specified threshold prices.

The face amount is $1,000 per security, the estimated value on the pricing date was $914.90 per security, and the document shows total price to public of $1,839,000 with proceeds to the issuer of $1,791,645.75. Key structural features include a call payment of $1,360.50 on the call settlement date if call conditions are met, a pricing date of May 29, 2026, an original issue date of June 3, 2026, and a calculation day of May 29, 2029.

Morgan Stanley Finance LLC priced contingent-income, principal-at-risk notes linked to Amazon.com, Inc. common stock. Each security has a $1,000 stated principal amount and an estimated value on the pricing date of approximately $985.10. The notes pay a contingent coupon (annual rate at least 16.80% subject to final determination) only if the underlier meets observation-date barriers and feature an 85% buffer level (15% buffer) plus a downside factor of 1.1765 that multiplies losses below the buffer at maturity. The securities can be automatically redeemed early on specified dates if the closing level equals or exceeds the call threshold (100% of the initial level). Investors bear issuer credit risk, may receive no coupons, will not participate in upside of the stock, and could lose up to their entire investment.

Morgan Stanley Finance LLC is offering callable Contingent Income Securities due June 13, 2029, 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 notes pay a contingent coupon at an annual rate of 11.00% only if, on each observation date, the closing level of every underlier is greater than or equal to its coupon barrier (each set at 60% of the initial level). The securities are linked to the worst performing of the Dow Jones Industrial Average, the iShares Expanded Tech-Software Sector ETF and the Russell 2000 Index, expose investors to full principal risk, permit issuer-initiated early redemption starting on the first redemption date of December 11, 2026 based on a risk neutral valuation model, and have an estimated value on the pricing date of approximately $956.70 per security.

Morgan Stanley Finance LLC is offering Principal at Risk Buffered Jump Securities due March 29, 2029, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and may auto‑redeem early if both underliers meet call thresholds on a determination date. At maturity, if both underliers are at or above their 15% buffer levels, the payment is $1,275.00 per security; if the worst performing underlier is below its buffer, the payment equals $1,000 × (performance factor of the worst performing underlier + 15%), subject to a 15% minimum payment. The securities reference the worst performing of the State Street SPDR S&P Metals & Mining ETF (XME) and the VanEck Gold Miners ETF (GDX). The original issue price is $1,000 and the estimated value on the pricing date is approximately $944.30. All payments are subject to Morgan Stanley’s credit risk; the securities do not pay interest and include issuance, distribution and hedging costs embedded in the issue price.

Morgan Stanley Finance LLC offers contingent income auto-callable securities linked to Fiserv, Inc. common stock with a stated principal amount of $1,000 per security. The notes pay a contingent coupon of 15.25% per annum on each coupon payment date only if the underlier's closing level on the related observation date is at or above a coupon barrier equal to 59% of the initial level. The securities may be automatically redeemed early if the closing level on a redemption determination date is at or above a call threshold equal to 100% of the initial level, and mature on July 21, 2027 with the final observation date of July 16, 2027.

The initial issue price is $1,000 (estimated value on the pricing date approximately $978.60). If not redeemed early and the final level is below the downside threshold (also 59% of the initial level), payment at maturity will be the stated principal multiplied by the performance factor (final level/initial level), exposing investors to loss of principal (potentially to zero). All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced $731,000 of auto-callable, fixed-percentage buffered principal‑at‑risk securities linked to the State Street® SPDR® S&P® Regional Banking ETF, due June 1, 2029, fully and unconditionally guaranteed by Morgan Stanley.

The securities have a face amount of $1,000 each, an estimated value of $959.30 per security on the pricing date, semi‑annual calculation days beginning June 3, 2027, a threshold price equal to $59.1685 (85% of the starting price), and specified call payments if the underlying meets call thresholds on calculation days.

Morgan Stanley Finance LLC priced a primary offering of market-linked, auto-callable principal-at-risk notes linked to the State Street® SPDR® S&P® Homebuilders ETF due June 1, 2029. The face amount is $1,000 per security and the estimated value on the pricing date is $955.60 per security.

The notes pay fixed cash call payments on specified semi‑annual calculation days beginning June 3, 2027, and will be automatically called if the fund closing price of the underlying is at or above the call threshold price ($87.2355, equal to 85% of the starting price). If not called, holders are exposed to losses if the ending price falls more than 15%, with potential loss up to 85% of face amount at maturity.

Morgan Stanley Finance LLC offers structured Principal at Risk notes linked to the common stock of NVIDIA Corporation with a stated principal amount of $1,000 per security and an original issue price of $1,000 per security. The securities pay a contingent coupon at an annual rate of 16.60% on each coupon payment date only if the closing level of the underlier is at or above a coupon barrier set at 65% of the initial level on the related observation date. The notes feature automatic early redemption on specified redemption determination dates beginning September 3, 2026 if the closing level of the underlier is at or above the call threshold (100% of the initial level). If not redeemed, at maturity on December 8, 2027 investors receive principal only if the final level is at or above the downside threshold (65% of the initial level); otherwise the payment equals the stated principal multiplied by the performance factor (final level/initial level), exposing investors to potential loss of principal up to the full amount. The estimated value on the pricing date was about $980.50 per security.