MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC offers Principal-at-Risk contingent income auto-callable securities linked to the worst performing of the EURO STOXX 50®, Russell 2000® and S&P 500® indices. The securities have a stated principal amount of $1,000 per security, pay a contingent coupon (annual rate to be set on the pricing date, indicated between 11.50% and 12.50%), and may be automatically redeemed on scheduled redemption dates if all underliers meet call thresholds. If not redeemed, maturity payoff returns principal only if each underlier is at or above its downside threshold (70% of initial level); otherwise the payment equals the stated principal multiplied by the performance factor of the worst performing underlier, resulting in potential loss of principal down to zero. All payments are subject to MSFL's credit risk and guaranteed by Morgan Stanley. The pricing date and strike date are June 30, 2026, original issue date July 6, 2026, final observation date July 2, 2029 and maturity July 6, 2029. The document states an estimated value on the pricing date of approximately $971.60 per security.

Morgan Stanley Finance LLC is offering market-linked notes due March 30, 2028 linked to the Morgan Stanley Amplitude Index. Each note has a stated principal amount of $1,000 and will pay no interest; at maturity investors receive the stated principal plus an upside payment if the Index appreciates. The upside payment equals the stated principal amount × the participation rate × the underlier percent change; the participation rate will be set on the pricing date and is disclosed as 200% to 210%. The pricing and strike dates are June 25, 2026, original issue date June 30, 2026, observation date March 27, 2028 and maturity on March 30, 2028. The issuer’s estimated value on the pricing date is $945.40 per note (approximate). All payments are subject to the credit risk of Morgan Stanley and Morgan Stanley Finance LLC; the notes are unsecured, unlisted and involve fees and embedded index costs including a 0.65% per annum deduction from the Index level.

Morgan Stanley Finance LLC is offering Market-Linked Notes due December 31, 2030, fully guaranteed by Morgan Stanley, linked to the S&P 500® Futures Excess Return Index. Each note has a stated principal amount of $1,000, a 100% participation rate and pays no interest. If the final level on the observation date is greater than the initial level, investors receive principal plus the upside payment; if equal to or less, investors receive only the stated principal amount at maturity. The issue price is $1,000 per note and the issuer’s estimated value on the pricing date is approximately $933.30 per note. The notes are unsecured, not listed, subject to Morgan Stanley credit risk, and may have limited secondary market liquidity.

Morgan Stanley Finance LLC is offering Principal at Risk auto-callable securities linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index. Each security has a $1,000 stated principal amount, a strike date of June 30, 2026, and matures on July 3, 2031. The securities pay a contingent coupon (annual rate to be set on the pricing date, described as 11.50% to 12.50% range in the supplement) only if the underlier is at or above the coupon barrier on observation dates and may be automatically redeemed early if the underlier meets the call threshold on a redemption determination date. At maturity, if not auto-redeemed and the final level is below the downside threshold (stated as 50% of the initial level), investors suffer proportional principal loss (payment = stated principal × final level/initial level). All payments are subject to the issuer’s and guarantor’s credit risk. The estimated value on the pricing date was about $920.90 per security.

Morgan Stanley Finance LLC is offering Principal at Risk securities due June 29, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $956.00. The securities pay no interest and provide a fixed upside payment of $270 to $320 (27%–32% of principal) if the worst performing underlier finishes at or above its initial level. The underliers are the Russell 2000® Index and the S&P 500® Index; the observation date is June 26, 2028. A downside threshold of 80% of initial level applies: if the worst performing underlier finishes below that threshold, the payment equals principal multiplied by the worst performing underlier’s performance factor and could be significantly less than principal, possibly zero. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC offers Trigger PLUS notes due June 15, 2029, linked to the worst performing of the iShares Expanded Tech-Software Sector ETF and the Nasdaq-100 Index and fully guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and a leverage factor of 182% for upside payoff. At maturity the payout depends on the worst performing underlier on the observation date: full leveraged upside if both underliers finish above their initial levels; return of principal if the worst underlier finishes between its initial level and a 70% downside threshold; or a proportional loss of principal if the worst underlier finishes below its 70% threshold, with no minimum payment. The preliminary estimated value on the pricing date is approximately $979.80 per security. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC is offering unsecured, non‑interest‑paying Structured Jump Notes due July 3, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes reference the Morgan Stanley Amplitude Index and include an automatic early redemption feature beginning with the first determination date on June 30, 2027. The call threshold is 100.50% of the initial level; the participation rate is 100%. If not called, a positive final level above the initial level yields principal plus upside equal to the index percent change; if the final level is equal to or below the initial level, holders receive only stated principal. The pricing date and strike date are June 30, 2026, original issue date July 6, 2026. Estimated value on the pricing date is approximately $946.60 per note. All payments are subject to issuer and guarantor credit risk. The Morgan Stanley Amplitude Index charges a daily fee equivalent to 0.65% per annum and historically averaged approximately 1.4% per annum in total fees based on back‑tested data.

Morgan Stanley Finance LLC is offering Trigger PLUS notes due June 28, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $950.70.

At maturity the payment depends on the performance of the worst performing underlier (the Russell 2000® and the S&P 500®): if both final levels are above their initial levels investors receive principal plus a leveraged upside (leverage factor to be set between 130% and 135%); if the worst performing underlier is at or above its downside threshold (75% of initial level) investors receive only principal; if the worst performing underlier is below its downside threshold investors suffer a proportional loss of principal (1% loss per 1% decline), with no minimum payment. The securities pay no interest and expose holders to issuer credit risk and limited secondary-market liquidity.

The pricing supplement describes Morgan Stanley Finance LLC offering Trigger PLUS principal-at-risk notes due June 30, 2031 linked to the worst performing of the Dow Jones Industrial Average and the S&P 500® Index. Each security has a stated principal amount $1,000. At maturity the payoff depends solely on the closing levels on the observation date: investors receive the principal plus a leveraged upside if both underliers finish above their initial levels; receive only principal if the worst performing underlier finishes at or below its initial level but at or above its downside threshold (70% of initial); or suffer proportional losses to the worst performing underlier if that underlier finishes below the downside threshold (potentially down to zero). The final leverage factor will be set on the pricing date (stated range 125% to 130%). All payments are subject to issuer and guarantor credit risk and the document notes an estimated value on the pricing date of approximately $938.80 per security.