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 due April 22, 2031 with a stated principal amount of $1,000 per security and an aggregate principal amount of $663,000. The notes are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley.
Payoff depends on the worst performing of the Russell 2000® and the S&P 500® Futures Excess Return indices. Investors receive the greater of a participation linked to the worst underlier or an $734 upside payment if both underliers finish at or above their initial levels; full principal is returned only if both underliers finish at or above their 70% downside thresholds; below that threshold investors lose principal pro rata (no minimum payment).
Morgan Stanley Finance LLC priced a principal-at-risk, auto-callable structured note linked to the worst performing of the S&P 500® Index and the S&P MidCap 400® Index. The securities have a $1,000 stated principal amount, $1,000 issue price and aggregate principal amount of $4,025,000. The securities can be automatically redeemed on the first determination date (April 21, 2027) for an early redemption payment of $1,183 if the closing level of each underlier is >= its call threshold levels (SPX: 7,126.06; MID: 3,646.35). If not auto‑redeemed, maturity is April 20, 2029; at maturity investors may receive the stated principal plus an upside payment (participation rate 125%) if both underliers finish above their initial levels, principal only if both finish at or above their downside thresholds (70% of initial), or a reduced payment tied to the worst performing underlier (loss of 1% per 1% decline below the downside threshold).
All payments are subject to MSFL/Morgan Stanley credit risk; estimated value on the pricing date was $992.40 per security. The agent and calculation agent is Morgan Stanley & Co. LLC, and selected dealers receive a structuring fee of up to $8 per security.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes linked to the common stock of Micron Technology, Inc. Each security has a $1,000 stated principal amount, an original issue price of $1,000 and a stated estimated value of approximately $979.20 on the pricing date.
At maturity on May 25, 2027, if the underlier’s final level is at or above the downside threshold of $313.894 (approximately 70% of the initial level of $448.42), investors receive principal plus a fixed upside payment of $425.30. If the final level is below that threshold, payment equals principal multiplied by the ratio of final level to initial level, which can result in substantial loss, including total loss of principal. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced contingent income, memory buffered auto-callable notes linked to Amazon.com common stock with a $1,000 stated principal per security. The notes pay a 17.44% annual contingent coupon, have automatic early redemption opportunities, a 15% buffer (coupon and buffer set at 85% of initial level), a downside factor of 1.1765, and mature on May 12, 2027. Coupon payments depend on the closing level of the underlier on specified observation dates; principal is at risk and all payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering contingent income auto-callable, principal-at-risk securities linked to the common stock of Fair Isaac Corporation. Each security has an original issue price of $1,000, a contingent annual coupon of 21.15% (payable only if the underlier meets coupon barrier tests), automatic early redemption features tied to periodic call tests, and a maturity date of February 1, 2028. Payments (including principal return) depend on the closing level of the underlier on specified observation and redemption determination dates; if the final level is below the downside threshold, investors may lose principal on a pro rata basis. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and remain subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC priced Principal at Risk structured notes linked to the Nasdaq-100 Index®, issued at $1,000 per security with an aggregate principal amount of $1,598,000. The notes pay no interest, carry principal-at-risk and are fully guaranteed by Morgan Stanley. They feature an automatic early redemption on the first determination date (April 21, 2027) if the closing level of the index is at or above the call threshold (26,672.43), producing an early redemption payment of $1,114 per security. If not called, maturity is April 22, 2031 with payoff rules: participation of 150% of upside if the final level exceeds the initial level (26,672.43); return of principal if final level ≥ 80% of initial level; and pro rata losses (performance factor = final/initial) if final level < 80% of initial, potentially resulting in total loss. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced and is offering $5,469,000 aggregate principal of Trigger Jump Securities due July 22, 2027, unsecured notes fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an upside payment of $200.50 (20.05%) if an equally weighted basket of GLD and SLV is flat or higher on the valuation date. If the final basket value is between the initial value and a 65% threshold, investors receive principal only; if below 65% of the initial basket value, payment equals $1,000 × (final/initial), so losses can exceed 35% and could be total. The issuer expects aggregate proceeds to be used for general corporate purposes; the estimated value on the pricing date is $970.20 per security.
Morgan Stanley Finance LLC priced a $5,710,000 issue of auto-callable, principal-at-risk notes guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and an original issue price of $1,000; the estimated value on the pricing date was $994 per security. The notes reference the Nasdaq-100 Index, have a 150% participation rate for upside at maturity, an automatic early redemption feature on the first determination date of April 21, 2027 for an early redemption payment of $1,146, and a final maturity on April 22, 2031. The initial level and call threshold were 26,672.43, with a downside threshold at 21,337.944 (80% of the initial level). If final performance is below the downside threshold, investors lose in direct proportion to the index decline; all payments are subject to issuer credit risk.
Morgan Stanley Finance LLC priced a $2,230,000 offering of Principal at Risk structured notes due April 22, 2031. The securities have a $1,000 stated principal amount, an estimated value of $936.80 on the pricing date, and pay at maturity based on the worst performing of the EURO STOXX 50®, Russell 2000® and the State Street SPDR S&P Regional Banking ETF. The notes feature a fixed $645 upside payment (64.50% of principal) if the worst performing underlier meets or exceeds its 75% upside threshold, full principal protection only if all underliers finish at or above their 65% downside thresholds, and potential loss of principal pro rata below those downside thresholds.
The pricing supplement describes Morgan Stanley Finance LLC's offering of Principal at Risk Dual Directional Trigger Jump Securities due April 22, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the worst performing of the Russell 2000® Index and the S&P 500® Futures Excess Return Index and pay no interest.
Each security has a stated principal amount of $1,000. Payoff outcomes depend on the final levels on the observation date: investors may receive the stated principal plus an upside payment of $667.50 (66.75%) in certain upside scenarios, an absolute-return payment capped at 30% in a limited depreciation range, or suffer losses dollar-for-dollar below the downside threshold (70% of initial levels), including the potential loss of the entire principal. All payments are subject to issuer and guarantor credit risk.