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 Autocallable Notes linked to the Russell 2000® Index due April 12, 2029. The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and pay a fixed Call Return if the Index closes at or above the Initial Level on annual Observation Dates beginning April 14, 2027. If not called and the Final Level is below the Initial Level, principal is reduced proportionately to the Index decline; there is no participation in upside beyond the fixed Call Returns. The Issue Price is $10.00 per security, the estimated Trade Date value is approximately $9.622, and the minimum investment is $1,000.
Morgan Stanley Finance LLC is offering Autocallable Notes linked to the S&P 500® Index due April 12, 2029, fully and unconditionally guaranteed by Morgan Stanley. The Issue Price is $10.00 per Security (minimum investment $1,000) and the estimated value on the Trade Date is approximately $9.600 per Security. The securities are automatically called if the Observation Date Closing Level on any annual Observation Date beginning April 14, 2027 is equal to or greater than the Initial Level; Call Return Rates will be set on the Trade Date in the range 10.10%–11.10% per annum. If the notes are not called and the Final Level on the Final Observation Date is below the Initial Level, holders will suffer a principal loss proportionate to the negative Underlying Return at maturity on April 12, 2029. All payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC is offering structured, principal-at-risk notes—the Buffered Jump Securities with Auto-Callable Feature—fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, an estimated value on the pricing date of approximately $960.60, and an issue price of $1,000 (agent commission $15, proceeds to issuer $985).
The securities reference a four-stock basket (APO, BX, OWL, ARES), have a call threshold of 100 and a buffer level of 80. If the first determination date test is met, an automatic early redemption pays $1,317.50 on the early redemption date. At maturity the payout depends on final performance: upside participation is 125%; losses beyond the 20% buffer are multiplied by a 1.25 downside factor, and there is no minimum payment. All payments are subject to issuer credit risk and U.S. federal tax treatment is uncertain.
Morgan Stanley Finance LLC issued a $3,408,000 series of Trigger PLUS notes due April 4, 2031, linked to the worst performing of Invesco QQQ Trust, Series 1 (QQQ) and VanEck® Semiconductor ETF (SMH). Each security has a stated principal of $1,000 and an original issue price of $1,000. The securities pay at maturity based on the worst performing underlier: if that underlier finishes above its initial level you receive principal plus a 173.25% leveraged upside on the appreciation; if the worst performing underlier finishes between its initial level and its downside threshold (70% of the initial level) you receive principal; if the worst performing underlier finishes below the downside threshold you lose 1% of principal for each 1% decline, with no minimum payment. The estimated value on the pricing date was $972.50. All payments are subject to Morgan Stanley's credit risk and the securities do not pay interest.
Morgan Stanley Finance LLC priced a Trigger PLUS principal-at-risk note program backed by a $575,000 aggregate issuance (575 securities) at $1,000 each. The notes mature on April 6, 2032 and are linked to the S&P 500® Futures Excess Return Index (SPXFP).
Key economic terms: initial level 531.12, leverage factor 213.25%, downside threshold 371.784 (70% of initial). At maturity investors may receive leveraged upside, full principal if index ≥70% of initial, or a pro rata principal loss if below 70%. Estimated value on the pricing date was $935.00 per security; selling concessions totaled $32.50 per security.
Morgan Stanley Finance LLC priced a principal-at-risk, auto-callable structured note guaranteed by Morgan Stanley linked to the worst performing of the Invesco QQQ Trust (QQQ) and the VanEck Semiconductor ETF (SMH).
Terms: $1,000 stated principal per security, issue price $1,000, estimated value $992.10, aggregate $5,090,000. Automatic early redemption can occur on the first determination date for an early redemption payment of $1,312.50; maturity payoff depends on worst-underlier performance with a 200% participation rate for upside and a 70% downside threshold.
Morgan Stanley Finance LLC priced Enhanced Buffered Jump Securities due April 16, 2027, fully and unconditionally guaranteed by Morgan Stanley. The securities have a stated principal amount of $1,000 per security and an aggregate principal amount of $925,000. The upside payment is $95.70 (9.57%) per security. The securities provide a 10% buffer (buffer level = $172.728) and a downside factor of 1.1111, such that losses beyond the buffer reduce principal by 1.1111% per 1% decline in the underlier. The underlier is the Invesco S&P 500® Equal Weight ETF (RSP). Strike date was March 31, 2026, pricing date April 1, 2026, observation date April 13, 2027 (subject to postponement) and maturity April 16, 2027. Estimated value on the pricing date was $984.00 per security; agent commission was $10 per security.
Morgan Stanley Finance LLC is offering Principal at Risk auto-callable securities tied to Meta Platforms, Inc. class A common stock with a stated principal amount of $1,000 per security and an aggregate principal amount of $809,000. The notes pay a 15.00% per annum contingent coupon on observation dates when the closing level of the underlier is at or above the coupon barrier level. The notes may be automatically redeemed on specified redemption determination dates if the closing level is at or above the call threshold; otherwise full exposure to downside applies at maturity if the final level is below the downside threshold, which equals the coupon barrier (~$399.669 or ~69% of the initial level). All payments are subject to issuer credit risk and the estimated value on the pricing date was $977.00 per security.
Morgan Stanley Finance LLC priced auto-callable principal-at-risk notes linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000. Each $1,000 security was issued at $1,000 with an estimated value of $979.20. The notes pay no interest, may auto-redeem on the first determination date for $1,252.50, and mature on April 5, 2029. If not auto-redeemed, maturity payoffs depend on the worst-performing index: full principal plus a 200% participation on positive worst-underlier returns, return of principal if all underliers are ≥70% of initial levels, or principal loss proportional to declines below 70% (possible total loss). All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC priced Principal-at-Risk structured notes fully guaranteed by Morgan Stanley with an aggregate principal amount of $2,860,000 and a stated principal amount of $1,000 per security. The notes pay no interest and have an upside payment of $344 (34.40%) if the final level is at or above the downside threshold of 70 (70% of the initial level). If the final level is below 70, the payment equals the stated principal multiplied by the performance factor (final level/initial level), and could be significantly less than principal or zero. The securities are issued as part of MSFL's Global Medium-Term Notes program, are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley. Key dates: strike and pricing date April 1, 2026, original issue date April 7, 2026, observation date April 3, 2028, maturity date April 6, 2028. The estimated value on the pricing date was $974.80 per security, reflecting embedded issuance, structuring and hedging costs borne by investors.