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 Performance Leveraged Upside Securities (PLUS) linked to the worst performing of QQQ, XLK and SMH, in an aggregate amount of $250,000 at a stated principal amount of $1,000 per security. The securities mature on April 24, 2031 with an observation date of April 21, 2031. If the final level of each underlier is greater than its initial level, investors receive the stated principal plus a leveraged upside payment equal to the stated principal multiplied by a 180.50% leverage factor times the worst performing underlier’s percent change. If any underlier finishes at or below its initial level, payment equals the stated principal multiplied by the performance factor of the worst performing underlier, and investors may lose up to 100% of principal. Estimated value on the pricing date was $962.60 per security; the issue price is $1,000 per security. All payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC offers $1,500,000 of principal-at-risk, auto-callable notes fully and unconditionally guaranteed by Morgan Stanley. The notes have a stated principal amount of $1,000 per security, an issue price of $1,000 and an estimated value on the pricing date of $979.70 per security.
The securities pay a contingent coupon of 8.50% per annum on each coupon payment date only if the closing level of each underlier is at or above its coupon barrier on the related observation date. The notes may be automatically redeemed early if, on a redemption determination date, the closing level of each underlier is at or above its call threshold (100% of initial levels). At maturity, if any underlier’s final level is below its downside threshold (70% of its initial level), the holder receives the stated principal multiplied by the performance factor of the worst performing underlier and may lose a significant portion or all of principal.
Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering leveraged, buffered S&P 500® Index‑linked notes (Face Amount $1,000 each) that do not pay interest and expose investors to principal risk. The notes provide 150% upside participation subject to a Cap Level expected between 112.41% and 114.59%, producing a Maximum Settlement Amount expected between $1,186.15 and $1,218.85 per $1,000 face amount. A Buffer protects declines up to 12.50% (Buffer Level = 87.50% of the Initial Underlier Level); if the S&P 500® falls by more than 12.50%, investors suffer a pro rata loss and could lose their entire investment. The estimated value on the Trade Date is approximately $996.30 per note. The Determination Date, Initial Underlier Level, exact Cap and Maximum Settlement Amount, and the Stated Maturity Date will be set on the Trade Date; the expected term is about 19–22 months from trade date.
Morgan Stanley Finance LLC priced auto-callable, principal-at-risk structured notes due April 27, 2027, fully guaranteed by Morgan Stanley. The securities are issued at $1,000 per security (aggregate $531,000) with an estimated value of $968.10 on the pricing date. Payments depend on the worst-performing of three ETFs: KRE, SOXX and TLT, with an observation date of April 22, 2027. Investors may receive an automatic early redemption on scheduled determination dates for fixed early redemption payments that imply approximately 19.00% per annum. At maturity, if all underliers are at or above their upside thresholds investors receive $1,190.00; if any underlier falls below its downside threshold (60% of its initial level) redemption will reflect the worst-performing underlier and could result in a full loss of principal. All payments are subject to issuer credit risk and the agent will receive a fixed commission of $18.75 per security.
Morgan Stanley Finance LLC is offering contingent income auto-callable notes due November 2, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each note has a stated principal amount of $1,000 and a contingent coupon payable at an annual rate of 9.75% only when the closing level of each underlier meets or exceeds its coupon barrier on observation dates. The notes are linked to the worst performing of the Russell 2000® Index, the S&P 500® Index and the State Street® SPDR® S&P® Regional Banking ETF (KRE). The securities may be automatically redeemed on multiple redemption determination dates beginning July 28, 2026 if all underliers are at or above their call thresholds; otherwise, at maturity investors receive principal only if every underlier is at or above its downside threshold, and will suffer a loss equal to the percentage decline of the worst performing underlier if any underlier is below its downside threshold.
Morgan Stanley Finance LLC priced Dual Directional Trigger Participation Securities due May 12, 2031, linked to the S&P 500® Index, with a stated principal amount of $1,000 per security and an original issue price of $1,000 per security. The securities pay no interest, are principal-at-risk and fully guaranteed by Morgan Stanley. At maturity investors receive either (1) principal plus upside participation (100% participation, capped at $2,260 per security), (2) principal plus a positive return equal to the absolute decline times a 100% participation rate if the final level is ≥ the 70% downside threshold, or (3) a loss proportional to the underlier decline if the final level is below the 70% threshold. Payments depend solely on the closing level on the observation date (May 7, 2031), are subject to Morgan Stanley credit risk, and the estimated value on the pricing date was approximately $973.60 per security.
Morgan Stanley Finance LLC priced Principal at Risk securities — structured notes due May 27, 2027 that are fully and unconditionally guaranteed by Morgan Stanley and link to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices.
Each security has a stated principal of $1,000 and a fixed upside payment of $118.50 (11.85%) payable at maturity only if the final level of each underlier is at or above its downside threshold (70% of initial level). If any underlier finishes below its downside threshold, the holder suffers a loss equal to the percentage decline of the worst performing underlier; there is no minimum payment and the payment could be zero. All payments are subject to Morgan Stanley's credit risk. The preliminary pricing shows an estimated value on the pricing date of approximately $990.30 per security.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes due May 1, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and a contingent annual coupon of 12.15% that pays only if the underlier meets observation-date barriers. The underlier is the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. The securities feature automatic early redemption if the underlier meets the call threshold on any redemption determination date, a buffer equal to 85% of the initial level (buffer amount 15%), and a minimum payment at maturity of 15% of stated principal. Estimated value on the pricing date was approximately $945.30 per security. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC is offering Principal at Risk contingent income auto-callable securities backed by Alibaba ADS, priced at $1,000 per security. The notes pay a contingent coupon at an annual rate of 10.65% on observation dates when the underlier meets the coupon barrier and can auto-redeem if the underlier meets the call threshold on a redemption determination date. If not redeemed, maturity payments depend on the final level versus a downside threshold set at 60% of the initial level, exposing investors to potential loss of principal down to zero. All payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC is offering contingent income auto-callable principal-at-risk securities due November 4, 2027 linked to the worst performing of the EURO STOXX 50, Nasdaq-100 and Russell 2000 indices. Each security has a $1,000 stated principal and an issue price of $1,000. The securities pay a contingent coupon at an annual rate of 10.10% on scheduled coupon dates only if each underlier closes at or above its coupon barrier level on the related observation date. The call threshold level equals 100% of each initial level; coupon barriers equal 75% and downside thresholds equal 70% of initial levels. If not auto‑redeemed, maturity payment returns principal only if each final level is at or above its downside threshold; otherwise payment at maturity equals principal times the performance factor of the worst performing underlier, which could result in a total loss of principal. Estimated value on the pricing date was approximately $972.60 per security. All payments are subject to Morgan Stanley Finance LLC credit risk and guaranteed by Morgan Stanley.