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, principal-at-risk notes—Contingent Income Memory Buffered Auto-Callable Securities due May 1, 2031—backed by a full guarantee of Morgan Stanley. The offering size is $637,000 aggregate principal at an issue price of $1,000 per security.
The notes pay a contingent annual coupon of 8.25% on observation dates when the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index closing level is at or above the coupon barrier (60% of the initial level). The securities are subject to automatic early redemption if the index meets the call threshold (100% of the initial level) on a redemption determination date. At maturity, if the final level is below the buffer level (80% of the initial level), principal is reduced based on index performance beyond the 20% buffer, with a minimum payment of 20% of principal. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC is offering $2,106,000 principal of structured notes due May 1, 2031—Contingent Income Memory Buffered Auto-Callable Securities linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, fully guaranteed by Morgan Stanley.
The notes have a stated principal of $1,000 each, an annual contingent coupon of 11.50% paid only when the underlier meets the coupon barrier on observation dates, an automatic early‑redemption feature beginning with the first redemption determination date on April 27, 2027, an 85% buffer (buffer amount 15%) and a minimum payment at maturity of 15% of principal.
Morgan Stanley Finance LLC priced a series of structured notes called Trigger PLUS, due May 8, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and is linked to the worst performing of the EURO STOXX 50® Index and the iShares MSCI EAFE ETF. The securities pay no interest; at maturity they either (a) return principal plus a 193% leverage payment if the worst performing underlier appreciates, (b) return principal if the worst performing underlier is between its initial level and a 70% downside threshold, or (c) return principal multiplied by the performance factor of the worst performing underlier if that underlier falls below the downside threshold, producing potential loss of principal, including total loss. All payments are subject to Morgan Stanley's credit risk. The pricing-date estimated value was approximately $952.00 per security.
Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk notes due December 1, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount. The notes provide 150% leverage on positive S&P 500® performance up to a $1,164 cap (116.40%), a 15% downside buffer, and a 15% minimum payment at maturity. The estimated value on the pricing date is approximately $986.20 per security. Aggregate principal amount is not specified in this preliminary pricing supplement.
Morgan Stanley Finance LLC priced Trigger PLUS notes — unsecured, principal‑at‑risk securities fully guaranteed by Morgan Stanley with an aggregate principal amount of $2,797,000 and a stated principal amount of $1,000 per security. The notes mature on May 1, 2031 and are linked to the worst performing of the Dow Jones Industrial Average and the S&P 500. If the final level of the worst performing underlier is above its initial level, holders receive the stated principal plus a 131% leverage on that underlier’s appreciation. If the worst performing underlier is at or above 70% of its initial level at observation, holders receive only principal. If the worst performing underlier is below 70% of its initial level, holders lose 1% of principal for each 1% decline in that underlier; the payment could be significantly less than principal or zero. The estimated value on the pricing date was $958.30 per security; agents receive a $35 commission per security. All payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC priced a contingent income auto-callable principal-at-risk note program fully guaranteed by Morgan Stanley, offering securities with a $1,000 stated principal amount per security and an aggregate principal amount of $3,012,000. The securities pay a contingent coupon only if each underlying index meets its coupon barrier on observation dates, are subject to automatic early redemption if all underliers meet call thresholds on a redemption determination date, and at maturity repay principal only if each underlier is at or above its downside threshold; otherwise payoff equals the stated principal multiplied by the worst-performing underlier's performance factor, potentially resulting in a total loss of principal. The notes reference the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, carry an estimated value on pricing of $965.50 per security, and include an annual contingent coupon rate of 10.50%. All payments are subject to Morgan Stanley's credit risk and the securities do not provide regular interest or participation in underlier appreciation.
Morgan Stanley Finance LLC priced Dual Directional Buffered PLUS notes due May 2, 2031, linked to the EURO STOXX 50® Index. The securities have a stated principal of $1,000 per security, an aggregate principal amount of $968,000, an issue price of $1,000 and an estimated value on the pricing date of $935.80.
Key economic terms: leverage factor 146%, absolute return participation rate 100%, buffer amount 15%, and a minimum payment at maturity of 15% of stated principal. Payments depend on the closing level of the underlier on the observation date; holders bear issuer credit risk.
Morgan Stanley Finance LLC priced buffered, auto-callable notes — Principal-at-risk securities linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index with a stated principal amount of $1,000 per security and an aggregate principal amount of $1,267,000. The notes pay no regular interest, may auto-redeem on specified determination dates if the underlier meets a call threshold (1,110.797), and mature on May 1, 2031. If not auto‑redeemed, a payment at maturity equals $1,512.50 if the final level is at or above the 85% buffer (1,110.797); below that, investors absorb losses beyond the 15% buffer, subject to a 15% minimum payment. All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC prices contingent income auto-callable notes fully guaranteed by Morgan Stanley offering principal-at-risk securities with a $1,000 stated principal amount per security. The securities pay a contingent coupon at an annual rate of 11.75% on scheduled coupon dates only if the underlier meets the coupon barrier level; unpaid coupons may be paid later subject to the stated conditions. The notes are automatically redeemable on specified determination dates if the underlier equals or exceeds the call threshold (100% of the initial level), and mature on May 12, 2031. At maturity, if the final level is below the downside threshold (60% of initial level), payment equals the stated principal multiplied by the performance factor and could be significantly less than principal or zero. The pricing date estimated value was approximately $908.90 per security; all payments remain subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC priced Principal-at-Risk auto-callable securities linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index with a stated principal of $1,000 per security and aggregate principal of $100,000. The securities mature on May 1, 2031 (final observation date April 28, 2031) and pay a contingent coupon at an annual rate of 12.25% only if the underlier meets the coupon barrier on observation dates.
The initial level (strike) was 3,127.97; the call threshold equals that initial level. The coupon barrier is 70% of the initial level (2,189.579) and the downside threshold is 60% (1,876.782). Estimated value on the pricing date was $901.10 per security; issue price is $1,000 with an agent commission of $42.50 per security.