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 offers Digital S&P 500® Index-Linked Notes due (pricing supplement)
The notes have a Face Amount of $1,000 per note and pay no interest; maturity payment depends on the S&P 500® Index performance measured from the trade date to a determination date expected between 13 and 15 months after the trade date. If the Final Underlier Level is ≥90% of the Initial Underlier Level, investors receive a capped Maximum Settlement Amount (expected to be between $1,099.10 and $1,116.50 per $1,000). If the Final Underlier Level is below 90%, the payout declines proportionately via a Buffer Rate of approximately 111.11%, and investors may lose some or all principal. All payments are unsecured and subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC priced a preliminary pricing supplement for Leveraged Buffered S&P 500® Index‑Linked Notes due in roughly 13–15 months, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 Face Amount and will pay a Cash Settlement Amount at maturity tied to the S&P 500® Index performance.
Key economic terms disclosed include an Upside Participation Rate of 140%, a Buffer Level equal to 90.00% of the Initial Underlier Level (a 10.00% buffer), an expected Cap Level between 110.37% and 112.20% of the Initial Underlier Level, and an expected Maximum Settlement Amount between $1,145.18 and $1,170.80 per $1,000 Face Amount. The issuer’s estimated value on the Trade Date is approximately $996.30 per note.
Morgan Stanley Finance LLC priced contingent income, memory buffered auto-callable securities linked to Wix.com Ltd. ordinary shares with a $1,000 stated principal per security. The notes pay a contingent coupon of 37.96% per annum on observation dates if the underlier meets the coupon barrier and feature automatic early redemption if the closing level meets the call threshold. The securities include a 35% buffer and a downside factor of 1.5384 that amplifies losses below the buffer; the final observation date is June 2, 2027 and maturity is June 7, 2027. All payments are subject to issuer and guarantor credit risk; estimated value on the pricing date was approximately $974.00 per security.
Morgan Stanley Finance LLC priced principal-at-risk buffered jump securities linked to the common stock of Blackstone Inc. The securities have a $1,000 stated principal amount, an original issue price of $1,000, an estimated value of $981.10 on the pricing date and a maturity date of May 25, 2028. They feature an automatic early redemption on the first determination date of June 3, 2027 with an early redemption payment of $1,265 per security if the closing level is at or above the call threshold ($116.83). If not redeemed, payoff at maturity depends on the final level versus the initial level, a 15% buffer (buffer level $99.306), a downside factor of 1.1765 and a fixed upside payment of $530. All payments are subject to the issuer's and guarantor's credit risk.
Morgan Stanley Finance LLC offers Principal at Risk contingent income auto-callable securities linked to Netflix, Inc. common stock, with a stated principal amount of $1,000 per security and a contingent annual coupon of 15.00%. The securities pay coupons only if observation-date closing levels meet the coupon barrier and may auto‑redeem if closing levels meet the call threshold on scheduled redemption determination dates. If not auto‑redeemed, repayment at maturity depends on the final level relative to the downside threshold; a final level below the downside threshold results in a pro rata loss of principal (payment = stated principal × performance factor). The pricing date was May 21, 2026, original issue date May 27, 2026, final observation date May 25, 2027 and maturity May 28, 2027. All payments are subject to Morgan Stanley’s credit risk. Terms include an estimated value on the pricing date of approximately $974.60 per security.
Morgan Stanley Finance LLC priced contingent income, principal-at-risk notes linked to the worst performing of the Roundhill Memory ETF (DRAM) and the VanEck Gold Miners ETF (GDX). Each security has a $1,000 stated principal amount and an original issue price of $1,000. The securities pay a contingent coupon at an annual rate of 17.00% on each coupon payment date only if both underliers meet coupon barrier levels on observation dates and are subject to automatic early redemption on scheduled determination dates. The notes mature on June 2, 2031, and investors bear full principal risk tied to the worst performing underlier; payment at maturity may be significantly less than principal or zero. The estimated value on the pricing date was approximately $950.40 per security.
Morgan Stanley Finance LLC priced market-linked notes due May 22, 2031 guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount; the offering aggregates $510,000. Payout at maturity is tied to the worst performing of the Dow Jones Industrial Average and the S&P 500® Index measured from the May 19, 2026 strike date to the May 19, 2031 observation date. The notes pay no interest, have a 100% participation rate in appreciation of the worst performing underlier, and a maximum payment at maturity of $1,803 per note (180.30% of principal). The estimated value on the pricing date was $974.00 per note. All payments are unsecured and subject to Morgan Stanley’s credit risk; the notes will not be listed and sales are limited to certain fee-based advisory accounts.
Morgan Stanley Finance LLC is offering principal-at-risk, contingent-income auto-callable securities due May 30, 2031, 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 pay a contingent coupon at an annual rate of 11.00% on coupon payment dates only if the closing level of the underlier meets or exceeds the coupon barrier (60% of the initial level) on the related observation date.
Automatic early redemption can occur on specified redemption determination dates beginning November 27, 2026 if the closing level is at or above the call threshold (90% of the initial level). If not redeemed, payment at maturity depends on the final level: if the final level is at or above the downside threshold (60% of the initial level) holders receive the stated principal; if below, holders receive the stated principal multiplied by the performance factor (final level / initial level), exposing investors to full downside risk. The estimated value on the pricing date was approximately $908.90 per security.
Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk securities due May 22, 2031 linked to the worst performing of the Dow Jones Industrial Average and the S&P 500. Each security has a stated principal amount of $1,000 and will pay no interest.
At maturity investors receive: the stated principal plus a 106% leveraged upside if the worst performing underlier is above its initial level; the stated principal if the worst performing underlier is at or above its 75% buffer level; or a reduced payment if the worst performing underlier finishes below the buffer, with losses of 1% per 1% decline beyond the buffer, subject to a 25% minimum payment.
Morgan Stanley Finance LLC priced and issued Structured Investments — Buffered Jump Securities with an auto-callable feature, fully guaranteed by Morgan Stanley, with an aggregate principal amount of $1,377,000 and a stated principal amount of $1,000 per security. The securities reference the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index and may be automatically redeemed on scheduled determination dates beginning May 20, 2027 if the closing level of the underlier meets or exceeds the call threshold level of 1,382.65. If not called, maturity is May 22, 2031; payments at maturity depend on the final level relative to the call threshold and a buffer level of 1,175.253 (approximately 85% of the initial level). The securities do not pay interest, carry full issuer/guarantor credit risk, and expose holders to downside beyond the 15% buffer (with a minimum payment at maturity equal to 15% of principal).