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 principal-at-risk, auto-callable notes due May 15, 2031 that are fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and a contingent annual coupon of 8.75% payable only if the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index closes at or above the coupon barrier (75% of the initial level) on observation dates. The notes feature automatic early redemption if the index closes at or above the call threshold (90% 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 by the index decline beyond the 20% buffer, subject to a minimum payment of 20% of principal. All payments are subject to issuer and guarantor credit risk. The estimated value on the pricing date was approximately $905.20 per security.
Morgan Stanley Finance LLC offers Principal at Risk securities with a fixed 7.00% annual coupon and automatic early‑call features, fully and unconditionally guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount per security, a strike date of May 12, 2026, an observation date of May 12, 2031 and a maturity date of May 15, 2031. Investors receive monthly coupon payments and face principal risk if the final level of the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index is below an 85% buffer; payments at maturity may be reduced by 1% for each 1% decline beyond the 15% buffer, subject to a 15% minimum payment.
Morgan Stanley Finance LLC priced a principal-at-risk structured note offering totaling $4,564,000 consisting of 4,564 securities at a $1,000 stated principal amount each, due May 1, 2031 and fully guaranteed by Morgan Stanley. The securities reference the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index and carry an estimated value on the pricing date of $905.10 per security.
The notes feature an automatic early redemption if the closing level of the underlier meets or exceeds the call threshold level (1,176.138, 90% of the initial level) on any determination date after the first determination date of April 28, 2027. If not called, maturity payoffs depend on the final level versus the buffer level (1,110.797, 85% of the initial level); minimum payment at maturity is 15% of stated principal. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC offers Principal at Risk Structured Investments (Enhanced Trigger Jump Securities) due June 11, 2027 with a $1,000 stated principal amount per security. The securities pay no interest and return either the stated principal plus a fixed $114 upside payment if each underlier is at or above its 70% downside threshold on the observation date, or a principal payment reduced pro rata by the percentage decline of the worst performing underlier; the observation date is June 8, 2027.
The securities are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley, are exposed to Morgan Stanley credit risk, and have an estimated value on the pricing date of approximately $986.00 per security. The offering links payoff to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices and could result in a total loss of principal.
Morgan Stanley Finance LLC priced $64,373,000 of Structured Investments — Enhanced Buffered Jump Securities, fully guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, an $91.50 upside payment (9.15%), a 15% buffer and a downside factor of 1.1765. The securities are issued at $1,000 (estimated value $981.40) with an observation date of May 10, 2027 and a maturity date of May 13, 2027. If the final level is below the buffer, investors lose principal at the stated downside factor and could lose their entire investment. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering Dual Directional Buffered PLUS securities at a stated principal amount of $1,000 per security (aggregate $100,000) with maturity on May 1, 2031. Payout is tied to the worst performing of the Dow Jones Industrial, Nasdaq-100 and Russell 2000 indices. The securities offer a 136.50% leverage factor for upside, a 20% buffer (payments limited to a positive return of 20% in certain scenarios), a 20% minimum payment at maturity, and expose investors to principal loss beyond the buffer. Estimated value on the pricing date was $939.10 per security and the agent’s commission was $36.25 per security.
Morgan Stanley Finance LLC priced a structured, principal-at-risk note due May 2, 2031, fully guaranteed by Morgan Stanley. The securities link to the worst performing of the EURO STOXX 50 Index, iShares MSCI EAFE ETF and iShares MSCI Emerging Markets ETF and pay no interest.
At maturity investors may receive a $500 upside payment and a leveraged upside return (leverage factor 635%) if the worst performing underlier meets or exceeds a 150% upside threshold; conversely, a final level below the 75% downside threshold causes losses of 1% per 1% decline in the worst performing underlier, potentially resulting in total loss of principal. The issue price is $1,000 per security, estimated value on the pricing date was $938.20, and aggregate principal offered is $2,526,000.
The offering is a Principally at-Risk structured note issued by Morgan Stanley Finance LLC and fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, a participation rate of 200% and is linked to the worst performing of the Dow Jones Industrial, Nasdaq-100 and Russell 2000 indices. The notes are auto-callable on the first determination date (May 14, 2027) for an early redemption payment of $1,235 if each underlier meets its call threshold. If not auto-redeemed, final payoff at maturity (June 12, 2029) depends on the worst performing underlier: investors may receive principal plus an upside payment, only principal, or a reduced principal equal to the performance factor of the worst underlier (losses can be up to 100% of principal). All payments are subject to Morgan Stanley credit risk and U.S. federal tax treatment is described as uncertain in the document.
Morgan Stanley Finance LLC priced a contingent income auto-callable note linked to Eli Lilly common stock. The notes have a $1,000 stated principal per security, aggregate principal of $7,664,000, an annual contingent coupon of 13.10%, and maturity on May 27, 2027. Coupons are paid only if the underlier’s closing level meets the coupon barrier on observation dates; automatic early redemption occurs if the closing level meets the call threshold on any redemption determination date. If not redeemed, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise payment is reduced pro rata with the underlier and could be zero. All payments are subject to issuer credit risk.
Morgan Stanley Finance LLC priced Principal-at-Risk, auto-callable securities tied to the S&P 500® Futures Excess Return Index. The securities have a $1,000 stated principal amount and an aggregate principal amount of $1,136,000. They may be automatically redeemed on April 27, 2027 if the underlier's closing level is at or above the call threshold of 577.43 (100% of the initial level). If not called, maturity occurs on April 29, 2031 with payoff rules: upside participation at a 200% participation rate when the final level exceeds the initial level; return of principal if final level is between the initial level and the downside threshold of 404.201 (70% of initial); and pro rata loss below that threshold, potentially to zero. The issue price is $1,000 per security and the estimated value on the pricing date was $984.70. All payments are subject to Morgan Stanley's credit risk.