MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering principal-at-risk, auto-callable notes linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index. The notes have a $1,000 stated principal amount, a pricing/strike date of June 30, 2026, a final observation date of June 30, 2031, and maturity on July 3, 2031.

They pay a contingent coupon (annual rate to be set on the pricing date, stated between 12.50% and 13.50%) only if the underlier meets the coupon barrier on observation dates, include automatic early redemption if the index equals or exceeds the call threshold, and expose investors to full downside (performance factor) if the final level is below the downside threshold (both barriers set at 60% for coupon/downside and 100% for the call threshold in the illustrative terms). The estimated value at pricing was approximately $933.60 per security.

Morgan Stanley Finance LLC is offering Principal at Risk notes due July 3, 2031, fully guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. The securities pay a contingent coupon at an annual rate to be set on the pricing date (stated range 14.50%–15.50%) only if the underlier meets the coupon barrier on observation dates.

The underlier is the S&P® 500 Futures 40% Intraday 4% Decrement VT Index (4% per annum decrement). Key thresholds: coupon barrier = 70% of the initial level; downside threshold = 60% of the initial level. If not redeemed early and the final level is below the downside threshold, investors incur losses proportionate to the underlier’s decline. Estimated value on the pricing date is approximately $924.20 per security; all payments are subject to issuer credit risk.

Morgan Stanley Finance LLC is offering market-linked notes due June 30, 2031, fully guaranteed by Morgan Stanley, that pay no interest and provide potential upside tied to the EURO STOXX 50® Index. Each note has a $1,000 stated principal amount and a 110% participation rate; investors receive principal at maturity and, if the index final level exceeds the initial level, an upside payment equal to stated principal × participation rate × index percent change. The pricing date and strike date are June 25, 2026. The issuer’s estimated value on the pricing date is approximately $938.60 per note; all payments remain subject to Morgan Stanley’s credit risk and the notes will not be listed on any exchange.

Morgan Stanley Finance LLC offers auto‑callable, principal‑at‑risk market‑linked securities with a face amount of $1,000 per security under a preliminary pricing supplement. The securities are linked to the lowest performing of the Nasdaq‑100, S&P 500 and Russell 2000, mature on July 6, 2029, and include an automatic call feature on July 6, 2027 with a call payment of $1,120 (a 12.00% call premium). The estimated value on the pricing date is approximately $958.20, or within $45.00 of that estimate. Payments depend on the performance of the lowest performing underlying, the contingent minimum return (at least 50% of face amount to be set on the pricing date) and are subject to the issuer's credit risk and the calculation agent's determinations.

Morgan Stanley Finance LLC offers market-linked, principal-at-risk securities due June 16, 2027 linked to the lowest performing of Apple, Dell and Tesla.

Each security has a face amount of $1,000, an estimated value on the pricing date of $960.30 (±$35.00) and a contingent fixed return of at least 25.10% (approximately $251 per face amount). At maturity investors receive the face amount plus the contingent fixed return if the lowest performing underlying stock finishes at or above 70% of its starting price; otherwise repayment is reduced 1-for-1 for losses beyond a 30% buffer, meaning investors may lose up to 70% of face amount.

Morgan Stanley Finance LLC offers Principal at Risk market‑linked securities linked to the common stock of Blackstone Inc., with a face amount of $1,000 per security and a pricing date of June 5, 2026. The securities are auto‑callable after a ~3‑month non‑call period and mature on June 15, 2027, subject to postponement. Investors may receive contingent monthly coupons only if the stock closing price on each monthly calculation day meets or exceeds a coupon threshold equal to 70% of the starting price; the contingent coupon rate will be set on the pricing date and will be at least 16.20% per annum. If not called, principal at maturity equals $1,000 if the ending price is at or above the downside threshold (70% of the starting price); if below, the maturity payment equals $1,000 × (ending price / starting price), exposing investors to more than a 30% loss and possibly total loss. The preliminary estimated value on the pricing date is approximately $964.60 per security, within $35.00 of that estimate. All payments are subject to Morgan Stanley’s credit risk; these securities are not equivalent to owning Blackstone stock, do not pay regular interest, and may have limited secondary market liquidity.

Morgan Stanley Finance LLC is offering Buffered PLUS notes due July 3, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and returns tied to the worst performing of the Russell 2000® and S&P 500® indices.

At maturity investors receive: principal plus a 126% leveraged upside if the worst performing underlier is above its initial level; principal only if the worst underlier is between its initial level and an 80% buffer level; or a loss equal to the full decline beyond the 20% buffer (subject to a 20% minimum payment). All payments are subject to issuer credit risk and the estimated value on pricing date is approximately $961.20 per security.

Morgan Stanley Finance LLC is offering $500,000 aggregate principal of Structured Investments — Enhanced Buffered Jump Securities due August 31, 2027, fully and unconditionally guaranteed by Morgan Stanley. The securities are principal-at-risk notes linked to the State Street® Technology Select Sector SPDR® ETF (XLK).

Each security has a stated principal amount of $1,000, an upside payment of $123 per security (12.30%) if the final level is at or above the buffer, and a buffer equal to 20% of the initial level. If the final level is below the buffer level, investors lose 1% for each 1% decline beyond the buffer, subject to a minimum payment of 20% of principal. The estimated value on the pricing date was $991.00 per security and the issue price is $1,000 per security.

Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering Principal at Risk Trigger Participation Securities linked to the worst performing of the Nasdaq-100 and S&P 500. Each security has a $1,000 stated principal amount, 100% participation (subject to a $1,490 maximum) and matures on December 9, 2027. If the worst performing underlier is below its 70% downside threshold on the observation date, investors lose principal proportionately (1% loss for each 1% decline). The estimated value on the pricing date was approximately $977.80 per security; the issue price is $1,000. All payments are subject to Morgan Stanley’s credit risk and terms in the accompanying supplements.