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 is offering Trigger Autocallable GEARS linked to a four‑stock basket, fully guaranteed by Morgan Stanley. The offering totals $9,810,000 at an Issue Price of $10.00 per Security with an estimated Trade Date value of $9.405 per Security. The Securities are automatically callable if the Basket’s Observation Date Closing Basket Level on May 19, 2027 is greater than or equal to the Autocall Barrier (100), in which case holders receive $12.325 per Security (a 23.25% annual Call Return expressed as a Call Price of $12.325 per $10 principal on the Call Settlement Date).
If not called, payment at maturity on May 16, 2031 depends on the Final Basket Level versus the Initial Level (100) and the Downside Threshold (75). If Basket Return > 0, maturity payoff = $10 + $10 × (Basket Return × 1.50) (Upside Gearing = 1.50). If Final Basket Level < 75, holders bear a principal loss proportionate to the negative Basket Return. All payments are subject to Morgan Stanley’s credit risk and there may be little or no secondary market.
Morgan Stanley Finance LLC offers $31,750,000 of capped, leveraged S&P 500® index-linked notes due November 15, 2027, guaranteed by Morgan Stanley. Each note has a Face Amount of $1,000 and pays no interest; payment at maturity depends on the S&P 500® performance from the Trade Date: May 13, 2026 to the Determination Date: November 11, 2027. If the Final Underlier Level is above the Initial Underlier Level (7,444.25), holders receive 150% participation in upside subject to a Cap Level of 8,594.386625 and a Maximum Settlement Amount of $1,231.75 per $1,000. If the Final Underlier Level is below the Initial Underlier Level, holders suffer a proportional loss of principal and could lose their entire investment. The Original Issue Price is $1,000; the estimated Trade Date value is $980.60 per note. All payments are subject to the issuer's and guarantor's credit risk; the notes are unsecured, not listed, and have no redemption rights.
Morgan Stanley Finance LLC is offering Trigger GEARS Linked to a Basket of International Indices due May 29, 2031, fully and unconditionally guaranteed by Morgan Stanley. These are five-year, principal-at-risk securities with an Issue Price of $10.00 and an estimated Trade Date value of $9.153. Payout at maturity depends on the Basket Return versus the Initial Basket Level and a Downside Threshold of 75 (75% of the Initial Basket Level). If the Basket Return is positive, holders receive the Principal plus the Basket Return multiplied by an Upside Gearing (range 1.4515–1.6515, final gearing set on the Trade Date). If the Final Basket Level is below the Downside Threshold, holders are exposed to negative Basket Return and may lose a significant portion or all of principal. All payments are subject to Morgan Stanley's credit risk; the securities do not pay interest or dividends and contingent principal repayment applies only at maturity.
Morgan Stanley Finance LLC is offering structured Principal at Risk securities linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index with a $1,000 stated principal amount per security. The securities feature an automatic early redemption on specified determination dates beginning May 28, 2027, fixed early redemption payments corresponding to an approximate 19.50% per annum return on the applicable determination dates, and a maturity date of May 30, 2031.
If not called early, the payment at maturity depends on the index final level: investors receive $1,975.00 per security if the final level is at or above the call threshold (100% of the initial level); they receive the stated principal if the final level is at or above the buffer level (85% of the initial level); and they suffer proportional losses beyond the 15% buffer, subject to a minimum payment at maturity of 15% of principal. The estimated value on the pricing date is approximately $901.90 per security. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and are subject to the issuer's credit risk and the detailed terms in the accompanying supplements.
Morgan Stanley Finance LLC offers contingent income auto-callable principal-at-risk securities linked to International Business Machines Corporation stock, with a stated principal amount of $1,000 per security. The notes pay a 15.00% per annum contingent coupon on observation dates only if the underlier is at or above a coupon barrier set at 65.65% of the initial level. The notes may be automatically redeemed on specified redemption determination dates if the underlier is at or above the call threshold (100% of the initial level). At maturity, if not auto-redeemed and the final level is below the downside threshold (65.65% of the initial level), investors suffer a principal loss equal to the underlier’s decline (payment = stated principal × performance factor). All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and are subject to issuer credit risk. The pricing/strike date is May 19, 2026, original issue date is May 22, 2026, and maturity is November 24, 2028. The estimated value on the pricing date was approximately $973.20 per security, below the issue price.
Morgan Stanley Finance LLC is offering callable, principal-at-risk notes linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500. Each security has a stated principal amount of $1,000, a contingent coupon at an annual rate of 11.50% payable only if all three underliers meet coupon barrier levels on observation dates, and a buffer that absorbs the first 20% of decline in the worst performing underlier. The notes may be redeemed early beginning on August 27, 2026 based on a risk neutral valuation model; if not redeemed, maturity is May 25, 2028 with payment linked to the worst performing underlier and a minimum payment at maturity equal to 20% of principal. The estimated value on the pricing date is approximately $985.10 per security; the issue price is $1,000.
Morgan Stanley Finance LLC is offering Principal-at-Risk structured notes: Contingent Income Memory Buffered Auto-Callable Securities linked to Arista Networks, Inc. The stated principal and issue price are $1,000 per security; estimated value on the pricing date was approximately $982.10. The notes pay a contingent coupon at an annual rate of 14.64% on observation dates when the underlier meets the coupon barrier. The notes are auto‑callable if the underlier is at or above the call threshold of $147.81 on any redemption determination date; the buffer level is $88.686 (60% of the initial level). If not called and the final level is below the buffer, investors suffer a loss equal to the underlier decline beyond the 40% buffer multiplied by a downside factor of 1.6667. All payments are subject to issuer and guarantor credit risk; minimum ticket is $10,000.
Morgan Stanley Finance LLC is offering Principal at Risk Buffered Participation Securities linked to the VanEck® Semiconductor ETF, fully and unconditionally guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount and do not pay interest. The securities provide 100% participation in any appreciation of the underlier up to a $1,316 maximum payment at maturity (131.60% of principal). The securities include a 20% buffer (buffer level = 80% of the initial level): if the final level is at or above the buffer, investors receive principal; if below the buffer, investors lose 1% of principal for each 1% decline beyond the buffer, subject to a 20% minimum payment. Key dates: strike/pricing on May 29, 2026, original issue date June 3, 2026, observation date June 29, 2027 (subject to postponement), maturity July 2, 2027. All payments are subject to Morgan Stanley's credit risk. The estimated value on the pricing date was approximately $984.80 per security; the issue price is $1,000, which includes issuance, distribution and hedging costs borne by investors.
Morgan Stanley Finance LLC priced Principal at Risk securities linked to Dell Technologies Inc. class C common stock. Each note has a stated principal amount of $1,000 and an upside payment of $194.50 (19.45%) if the final level is at or above the downside threshold. The observation date is June 15, 2027 and maturity is June 21, 2027. If the final level is below the downside threshold (set at 50% of the initial level), investors incur a loss equal to the percentage decline in the underlier; there is no guaranteed minimum and the payment could be zero. All payments are subject to the issuer’s and guarantor’s credit risk. The estimated value on the pricing date was approximately $974.50 per security.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes linked to AST SpaceMobile, Inc. class A common stock that mature on May 18, 2028 and pay a contingent coupon only if specified observation-date thresholds are met.
The notes have a stated principal amount of $1,000 per security, an estimated value on the pricing date of approximately $950.80 per security, a contingent coupon at an annual rate of 40.40%, an initial level of the underlier of $83.01 (strike date May 14, 2026), a coupon barrier and downside threshold of $41.505 (50% of the initial level), and automatic early redemption if the closing level meets or exceeds the call threshold of $83.01 on any redemption determination date. Investors face the risk of receiving no coupons and losing principal if the final level is below the downside threshold; all payments are subject to Morgan Stanley’s credit risk.