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 Principal at Risk structured notes linked to the S&P 500® Index with a stated principal amount of $1,000 per security and an aggregate offering of $4,400,000. The notes mature on November 1, 2027 and provide three possible payoff paths: (1) if the final level is above the initial level of 7,173.91, investors receive principal plus 100% participation in upside capped at $1,170 per security; (2) if the final level is between the initial level and the buffer level of 6,097.824 (85% of the initial level), investors receive principal plus a positive return equal to the absolute decline (100% participation) effectively capped at 15%; (3) if the final level is below the buffer level, losses occur dollar‑for‑dollar beyond the 15% buffer, subject to a minimum payment of 15% of principal. The estimated value on the pricing date was $993.00 per security and the securities do not pay interest; all payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC priced $1,847,000 of Trigger PLUS notes due May 1, 2031. Each note has a $1,000 stated principal amount and pays at maturity either the stated principal or the stated principal plus a 185% leveraged upside on the S&P 500® Futures Excess Return Index, depending on the index level on the observation date. If the final level is below 70% of the initial level (initial level 578.34; downside threshold 404.838), holders lose 1% of principal for each 1% decline and could lose their entire investment. The original issue price is $1,000 and the estimated value on the pricing date was $929.70; selected dealers receive a $40 commission per security.
Morgan Stanley Finance LLC is offering Principal at Risk notes fully guaranteed by Morgan Stanley with an aggregate principal amount of $2,485,000 and an original issue price of $1,000 per security. The securities mature on May 2, 2029 and pay a contingent coupon of 8.85% per annum on each coupon payment date only if the closing level of each underlier is at or above its coupon barrier on the applicable observation date. The securities are linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, have automatic early redemption if all underliers are at or above their call thresholds on a redemption determination date, and expose investors to full principal loss if the final level of the worst performing underlier is below its downside threshold (each downside threshold = 70% of initial level). The estimated value on the pricing date was $966.80 per security and the agent received a fixed commission of $27.50 per security.
Morgan Stanley Finance LLC priced a structured note offering: Contingent Income Memory Auto-Callable Principal at Risk Securities due May 1, 2031 linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index.
The notes have a stated principal of $1,000 per security, aggregate principal of $100,000, an issue price of $1,000 and an estimated value on the pricing date of $893.80. They pay a contingent coupon at an annual rate of 9.00% on observation dates if the underlier meets the coupon barrier (50% of initial). Automatic early redemption occurs if the underlier is at or above the call threshold (initial level). At maturity, investors receive principal only if the final level is at or above the downside threshold (50% of initial); otherwise payment equals principal multiplied by final/initial level, exposing investors to full downside to zero. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and remain subject to issuer credit risk.
Morgan Stanley Finance LLC priced a Principal-at-Risk note series guaranteed by Morgan Stanley. The securities are $1,000 stated principal per security, $100,000 aggregate, issued at $1,000 with an estimated value of $953.40. They track the S&P 500® Futures Excess Return Index, have an observation date of April 28, 2031 and mature on May 1, 2031. If the final level is at or above the initial level (initial level 578.34), holders receive the $1,000 principal plus a fixed upside payment of $562.50 (56.25%). If the final level is below the initial level but ≥ the downside threshold (404.838, 70% of initial), holders receive principal plus a positive return based on the absolute decline (capped effectively at 30%). If the final level is below the downside threshold, holders suffer proportional losses (1% loss for each 1% decline) and could lose their entire investment. All payments are subject to Morgan Stanley credit risk; secondary market liquidity and tax treatment are uncertain.
Morgan Stanley Finance LLC priced principal-at-risk, auto-callable structured notes fully guaranteed by Morgan Stanley. The offering is $100,000 aggregate in $1,000 per security denominations at an issue price $1,000 (estimated value on the pricing date: $940.20). The securities are linked to the worst performing of the S&P 500, Nasdaq-100 Technology Sector and Russell 2000 indices, mature on May 1, 2031, and are subject to automatic early redemption if all underliers meet their call thresholds on the first determination date (April 29, 2027). The participation rate is 150% for upside if all underliers finish above initial levels; downside protection is limited — the downside threshold is 70% of initial levels and investors lose 1% of principal for each 1% decline in the worst performing underlier. All payments are subject to Morgan Stanley and MSFL credit risk.
Morgan Stanley Finance LLC priced Principal at Risk notes linked to the Russell 2000® Index. The offering totals $496,000 aggregate and is issued at $1,000 per security with a stated principal of $1,000 each. The securities mature on November 1, 2029 and reference an observation date of October 29, 2029.
Key economic terms: a fixed upside payment of $298.50 per security (29.85%), a buffer amount of 15% (buffer level 2,369.961), and a minimum payment at maturity equal to 15% of principal. If the final level is below the buffer level, investors lose 1% for each 1% decline beyond the buffer. Estimated value on the pricing date was $967.60 per security and the agent commission was $30.50 per security.
Morgan Stanley Finance LLC priced buffered jump securities (Principal at Risk) linked to the worst performing of the VanEck reg; Gold Miners ETF (GDX) and the State Street reg; SPDR reg; S&P reg; Metals & Mining ETF (XME). The securities have a $1,000 stated principal amount, an issue price of $1,000 and aggregate principal of $277,000. They offer an automatic early redemption feature with scheduled determination dates beginning October 27, 2026 and fixed early redemption payments corresponding to approximately 9.00% per annum. The buffer amount is 15%; if the final level of the worst performing underlier is below its buffer, investors lose 1% for each 1% decline beyond the buffer, subject to a 15% minimum payment at maturity. Final determination date is January 29, 2029 with maturity on February 1, 2029. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and are subject to issuer credit risk.
Morgan Stanley Finance LLC is offering structured, principal-at-risk notes due August 12, 2027 that are fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and is linked to the worst performing of the Russell 2000, S&P 500 and XLU ETF.
The securities pay a fixed $132 upside payment (13.20%) at maturity if the worst performing underlier is >= its 80% buffer level. If the worst performing underlier falls below the buffer, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer; there is no minimum payment and investors may lose their entire investment.
Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable notes tied to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index, with a stated principal amount of $1,000 per security. The securities mature on May 15, 2031 and may be automatically redeemed on scheduled determination dates beginning May 13, 2027 if the underlier meets a call threshold equal to 90% of the initial level. Early redemption payments escalate, reflecting an approximate 15.00% per annum return schedule; the payment at maturity can be $1,750 if the final level is at or above the call threshold, return the principal if the final level is above the 50% downside threshold, or decline pro rata below that threshold. All payments are unsecured and guaranteed by Morgan Stanley and subject to the issuer’s credit risk. The pricing date and strike date are both May 12, 2026; the estimated value on the pricing date was approximately $899.20 per security.