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 Structured Investments Buffered Participation Securities linked to a 22-stock basket, with a $1,000 stated principal amount per security and maturity on November 10, 2026. The securities provide a 5% buffer, a downside factor of 1.0526, a 100% participation rate in appreciation subject to a $1,240 maximum payment, and no guaranteed interest or principal. The estimated value on the pricing date was approximately $992.30. Payments at maturity depend solely on the basket closing level on the observation date, and all payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC priced contingent income auto-callable securities due November 12, 2027. The notes have a 1-year initial non-call period, pay a contingent semi-annual coupon at an annual rate of 25.30% (approximately $126.50 per semi-annual period per $1,000 security) and reference the worst performing of Micron Technology, Inc., Amazon.com, Inc. and Applied Materials, Inc. on specified observation dates. Coupons are paid only if each underlying stock is at or above a 50% downside threshold on an observation date; automatic early redemption is triggered if each underlying stock is at or above its 100% redemption threshold on a redemption determination date beginning approximately one year after issuance. At maturity investors face 1-for-1 exposure to the worst performing underlying stock if that stock is below its downside threshold, potentially losing more than 50% or all principal. Pricing date was May 6, 2026 and original issue date May 11, 2026.
Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk securities with a stated principal amount of $1,000 per security and an aggregate principal amount of $525,000. The securities reference a performance-allocated basket of the DAX, IBEX 35 and CAC 40 and mature on April 1, 2031.
At maturity the payout is determined by a basket performance factor: if positive, holders receive principal plus a leveraged upside using a leverage factor of 111.60%; if performance is within a 20% buffer, holders receive principal; if performance falls below the buffer, holders lose 1% of principal for each 1% decline beyond the buffer, subject to a minimum payment of 20% of principal. All payments are unsecured and subject to MSFL and Morgan Stanley credit risk.
Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) offers Principal at Risk Enhanced Trigger Jump Securities linked to the S&P 500® and Russell 2000®. The securities have a $1,000 stated principal per security and aggregate principal of $1,551,000 and mature on February 10, 2028.
At maturity the payout depends on the worst performing underlier on the observation date: if each final level is ≥ its downside threshold, holders receive $1,000 plus an upside payment of $193.50 (19.35%); if the worst performing underlier is below its downside threshold (75% of initial), holders suffer proportional principal loss (1% loss per 1% decline), with no minimum payment. All payments are subject to issuer and guarantor credit risk; estimated value on pricing date was $981.20 per security.
Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) priced Buffered Jump Securities with an Auto-Callable Feature linked to the worst performer of the State Street SPDR S&P Regional Banking ETF (KRE) and the State Street Consumer Staples Select Sector SPDR ETF (XLP). The offering totals $1,464,000 in aggregate principal at $1,000 per security. Each security has a 15% buffer and a minimum payment at maturity equal to 15% of principal. If neither underlier meets its call threshold on a determination date, the securities continue; automatic early redemption is possible on scheduled determination dates that deliver fixed early redemption payments (approximate return 11.15% per annum on those dates). If the worst performing underlier finishes below its buffer at maturity, investors lose 1% of principal for each 1% decline beyond the buffer. The estimated value on the pricing date was $911.10 per security and the agent received a commission of $45 per security. All payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley reported strong first‑quarter 2026 results, with net revenues of $20.6 billion and net income applicable to shareholders of $5.4 billion, up 16% and 30% from a year earlier. Diluted EPS rose to $3.43 from $2.60, and ROE reached 21.0% with ROTCE of 27.1%, above the firm’s 20% ROTCE goal.
Institutional Securities net revenues increased 19% to $10.7 billion, driven by stronger Markets performance and a 36% rebound in Investment Banking, especially Advisory. Wealth Management net revenues grew 16% to $8.5 billion, with a 30.4% pre‑tax margin, $118.4 billion of net new assets and $53.7 billion in fee‑based asset flows. Investment Management net revenues slipped 4% to $1.5 billion as lower performance‑based income offset higher fee revenues on larger AUM.
The firm kept its expense efficiency ratio at 65% despite $178 million of severance tied to a workforce action affecting about 2% of employees. Credit quality remained manageable, with a consolidated provision for credit losses of $98 million, mainly on commercial real estate and macro uncertainty.
Capital and liquidity stayed robust: the Standardized Common Equity Tier 1 capital ratio was 15.1%, Tier 1 leverage 6.1% and the Liquidity Coverage Ratio 130%. Average liquidity resources were $395.1 billion. The firm returned capital through repurchasing $1.75 billion of stock at an average price of $169.15 per share and declared a quarterly common dividend of $1.00 per share.
Morgan Stanley Finance LLC priced a capped, fixed‑coupon, principal‑at‑risk note offering totaling $1,671,000. The securities pay a 7.00% annual fixed coupon, have an original issue price of $1,000 per security and mature on May 6, 2031. The notes are buffered auto‑callable: automatic early redemption is possible beginning on the first redemption determination date of May 3, 2027, and the observation date is May 1, 2031. If not called, principal repayment at maturity depends on the final level of the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index relative to the buffer level (85% of initial level), with a 15% buffer and a minimum payment at maturity equal to 15% of principal. The aggregate proceeds to the issuer after agent commissions are shown as $1,602,489.
Morgan Stanley Finance LLC priced a $3,195,000 issuance of Structured Investments — Enhanced Buffered Jump Securities due August 5, 2027. Each note has a $1,000 stated principal, an 18.30% upside payment ($183) if the worst performing underlier is at or above its 90% buffer on the observation date, and a 10% buffer with a 10% minimum payment at maturity. The securities are unsecured obligations of MSFL, fully guaranteed by Morgan Stanley, pay no interest, have an estimated value of $990.60 on the pricing date, and expose holders to full credit risk of the issuer and downside equal to the decline of the worst performing underlier beyond the buffer.
Morgan Stanley Finance LLC priced a contingent income auto-callable, principal-at-risk note linked to the common stock of Ulta Beauty, Inc. The offering is 100 securities at $1,000 per security (aggregate principal amount $100,000), with an estimated value on the pricing date of $965.60.
The notes pay a contingent coupon at an annual rate of 12.05% only when the underlier’s closing level on each observation date is at or above the coupon barrier ($361.726, 68% of the initial level). The notes are automatically redeemable beginning on the first redemption determination date (November 2, 2026) if the closing level is at or above the call threshold (initial level $531.95), and mature on June 4, 2027. At maturity holders receive principal only if the final level is at or above the downside threshold ($361.726); otherwise payment = principal × (final level / initial level), exposing investors to full principal loss.
Morgan Stanley Finance LLC priced Principal-at-Risk structured notes — jump securities with an automatic early‑call feature tied to the S&P 500® Futures Excess Return Index. The notes have a stated principal amount of $1,000 per security, an issue price of $1,000 and aggregate principal of $1,532,000.
If the closing level of the underlier is ≥ the call threshold (which is 640.761, 110% of the initial level) on the first determination date (May 10, 2027), the notes will be automatically redeemed for an early redemption payment of $1,142.50 on May 13, 2027. If not called, at maturity on May 6, 2031 investors receive either principal plus an upside payment (participation rate 280%), principal only, or a principal amount reduced pro rata if the final level is below the downside threshold (436.883, ~75% of the initial level). All payments are subject to MSFL and Morgan Stanley credit risk.