Morgan Stanley filings document the company’s financial services business, capital structure, governance and material events. The record includes 8-K reports for current events, proxy materials for annual meeting and shareholder voting matters, and securities listings covering common stock, depositary preferred shares and medium-term notes associated with Morgan Stanley Finance LLC.
Filings also disclose governance procedures, registered security classes, NYSE listing information, preferred stock series, debt-security registration matters and formal status changes such as a Form 25 notice for removal of a listed note class from exchange registration.
Morgan Stanley Finance LLC priced a $1,842,000 aggregate offering of Principal at Risk securities due May 30, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, feature automatic early redemption and a 15% buffer. Payments depend on the index closing levels on scheduled determination dates; early redemption payments deliver fixed cash amounts per schedule, while maturity payments provide $1,512.50 if the final level is at or above the buffer or a reduced principal tied to index performance below the buffer. All payments are subject to Morgan Stanley’s credit risk.
The issuer, Morgan Stanley Finance LLC, is offering structured, principal-at-risk notes linked to the worst performing of the Dow Jones Industrial Average, the S&P 500® Index and the Russell 2000® Index. The offering is for an aggregate principal amount of $2,148,000 at an issue price of $1,000 per security.
The notes can be automatically redeemed on specified determination dates beginning May 28, 2027 for fixed early redemption payments (approximately 14.00% per annum equivalent on the stated schedule). If not redeemed, maturity payoff depends on the worst performing underlier: investors receive principal plus an upside payment when all underliers finish above their initial levels (participation rate 150%), receive only principal if all underliers finish at or above 70% of initial levels, or suffer a pro rata loss equal to the decline of the worst performing underlier (payment could be zero). All payments are subject to issuer and guarantor credit risk. The estimated value on pricing date was $953.30 per security and selling commissions of $37.50 per security were deducted from proceeds.
Morgan Stanley Finance LLC offers principal-at-risk structured notes linked to NuScale Power Corporation Class A common stock with a stated principal amount of $1,000 per security and an issue price of $1,000 per security. The estimated value on the pricing date is approximately $922.50.
The notes can be automatically redeemed on the first determination date: June 10, 2027 for an early redemption payment of $1,671.50 if the closing level of the underlier is at or above the call threshold (100% of the initial level). If not redeemed, maturity on June 7, 2029 pays either: (a) principal plus an upside payment when the final level > initial level with a 200% upside participation rate; (b) a limited positive return when the final level is between the downside threshold (60% of initial) and the initial level using a 100% absolute return participation rate; or (c) a loss proportional to the underlier decline if the final level is below the downside threshold, which could result in a payment materially less than principal or zero. All payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC priced Trigger PLUS principal-at-risk notes due May 30, 2031 linked to the worst performing of the Dow Jones Industrial Average and the S&P 500® Index. The stated principal amount is $1,000 per security and the issue price is $1,000.
At maturity the payout is determined by the worst performing underlier: holders receive principal plus a 125% leveraged upside if the worst underlier finishes above its initial level; they receive principal if the worst underlier finishes at or above its 70% downside threshold; if the worst underlier finishes below that threshold, holders lose on a 1:1 basis and could lose their entire investment. All payments are subject to MSFL's and Morgan Stanley's credit risk.
Morgan Stanley Finance LLC priced $1,410,000 aggregate principal amount of Principal at Risk securities linked to the S&P 500® Index. Each note has a $1,000 stated principal amount, an $940.20 estimated value on the pricing date and matures on May 30, 2031.
The securities pay no interest and provide (i) 100% upside participation capped at $1,585 per security, (ii) an absolute-return feature that can produce up to a 15% positive return if the final index level is between the initial level (7,519.12) and the buffer level (6,391.252), and (iii) principal loss if the final level is below the buffer, subject to a 15% minimum payment at maturity. Sales commissions of $40 per security were paid to dealers; proceeds to the issuer equal $960 per security.
Morgan Stanley Finance LLC priced a structured note offering — principal-at-risk Enhanced Trigger Jump Securities with a $1,000 stated principal amount per security and a fixed digital payment of $117.50 (11.75%) payable at maturity if specified digital thresholds are met. The securities pay no interest and may return less than principal at maturity based solely on the worst performing underlier.
Key terms: strike/pricing date June 4, 2026, original issue date June 9, 2026, observation date July 6, 2027, maturity date July 9, 2027. Downside threshold is 70% of initial levels and digital threshold is 50% of initial levels. Estimated value on the pricing date was approximately $984.90 per security; all payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC offers principal-at-risk, contingent-income auto-callable securities tied to the Class A common stock of Carvana Co., with a stated principal amount of $1,000 per security and maturity on June 10, 2031. The notes pay a contingent coupon at an annual rate of 26.50% on each coupon date only if the underlier meets the coupon barrier (set at 60% of the initial level) on the related observation date. The notes are automatically redeemed early if the underlier equals or exceeds the call threshold (set at 100% of the initial level) on a redemption determination date. At maturity, if the final level is below the downside threshold (also 60% of the initial level), investors suffer a pro rata principal loss equal to the underlier’s decline; payment could be significantly less than principal or zero. The estimated value on the pricing date is approximately $931.30 per security. All payments are unsecured and subject to Morgan Stanley Finance LLC’s and Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC priced Principal at Risk securities linked to the worst performing of the Russell 2000® and the S&P 500®. Each note has a $1,000 stated principal amount and will mature on July 15, 2027. If both underliers finish at or above their 70% downside thresholds on the observation date, holders receive principal plus a fixed $97.50 upside payment (9.75%). If the worst performing underlier finishes below its downside threshold, the maturity payout equals principal multiplied by that underlier’s performance factor, exposing investors to full principal loss, with no interest payments. Payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley; all payments remain subject to Morgan Stanley’s credit risk. The estimated value on the pricing date is approximately $988.10 per security.
Morgan Stanley Finance LLC offers Buffered PLUS notes due May 30, 2031, fully and unconditionally guaranteed by Morgan Stanley, linked to the S&P 500® Futures Excess Return Index. Each security has a stated principal amount of $1,000 and does not pay interest.
The notes provide a 201.40% leverage factor on upside, a 20% buffer (buffer level = 80% of the initial level), and a minimum payment at maturity of 20% of principal. Payments depend on the closing index level on the observation date May 27, 2031, and all payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced contingent-income, principal-at-risk notes tied to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index. Each security has a $1,000 stated principal amount, a 16.00% annual contingent coupon and possible automatic early redemption. Maturity is June 6, 2031 with final observation on June 3, 2031. Coupons are paid only if the underlier meets the coupon barrier (70% of initial level) on observation dates; full principal is repaid at maturity only if the final level is at or above the downside threshold (60% of initial level). If the final level is below that threshold, payment at maturity equals the stated principal multiplied by the performance factor (final level / initial level), exposing investors to a loss proportionate to the underlier decline. The underlier includes a 4.0% per annum decrement, employs intraday rebalancing with significant leverage at times, and has limited live history (established August 30, 2024). Estimated value on the pricing date was approximately $949.50 per security. All payments are subject to issuer and guarantor credit risk.