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 $479,000 of Jump Notes due April 5, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and was issued at $1,000 per note with an estimated value of $965 on the pricing date.
The notes link payment at maturity to the closing level of KLA Corporation common stock on the observation date. If the final level is greater than or equal to the initial level ($1,472.41 on the strike date), each note will pay the $1,000 principal plus a fixed upside payment of $237.50 (23.75%). If the final level is less than the initial level, investors receive only the $1,000 stated principal. Payments are unsecured and subject to Morgan Stanley’s credit risk; the notes will not be listed on any exchange.
Morgan Stanley Finance LLC issued Principal-at-Risk structured notes with a stated principal amount of $1,000 per security and an aggregate principal amount of $5,908,000. The notes are linked to the worst performing of the Russell 2000® Index and the S&P 500® Index and mature on April 3, 2031.
The securities feature an automatic early redemption beginning with the first determination date on April 7, 2027, fixed early redemption payments (ranging from $1,098 to $1,441 per security on scheduled dates) and a payment-at-maturity schedule that pays $1,490 if both underliers are at-or-above their call thresholds, returns the stated principal if both are at-or-above their downside thresholds, or pays an amount equal to principal × the performance factor of the worst performing underlier (exposing investors to full downside below the 70% thresholds).
Morgan Stanley Finance LLC priced a primary offering of Principal at Risk notes due May 5, 2027, fully and unconditionally guaranteed by Morgan Stanley, linked to the worst performing of the S&P 500®, Nasdaq-100® and Russell 2000® indices. The offering aggregates $602,000 and has a stated principal amount of $1,000 per security. The securities pay no interest; at maturity investors receive either the stated principal plus a fixed $105 upside payment if each underlier is at or above its 65% downside threshold, or a principal amount tied to the worst performing underlier (losses of 1% for each 1% decline). The estimated value on the pricing date was $984.60 per security and total agent commissions equal $6.50 per security. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley is asking shareholders to vote at its virtual 2026 annual meeting on May 14, 2026, including electing 15 directors, approving executive pay on an advisory basis, ratifying Deloitte & Touche as auditor and considering one shareholder proposal.
The proxy highlights record 2025 results, with net revenues of $70.6 billion, diluted EPS of $10.21, return on average tangible common equity of 21.6% and total client assets of $9.3 trillion. The standardized CET1 capital ratio was 15.0%, supporting continued investment, dividends and capital allocation.
The Board proposes re‑electing a largely independent slate and adding Yasushi Itagaki as an MUFG representative, while Masato Miyachi will step down. The independent lead director role remains with Thomas Glocer, and Board committees oversee audit, risk, compensation, governance, and technology/cybersecurity.
The CD&A describes a pay‑for‑performance program and notes CEO Edward Pick’s 2025 total compensation of $45 million, 75% of which is deferred for three years and 100% delivered as performance stock units tied to multi‑year financial metrics. In 2025, about 95.43% of votes supported the prior “Say on Pay” proposal.
The proxy also outlines sustainability and community initiatives, including a goal to mobilize $750 billion for low‑carbon and green solutions by 2030, a commitment to net‑zero financed emissions by 2050, carbon‑neutral operations since 2022, roughly $2.7 billion in 2025 Community Reinvestment Act community development loans and investments, and over $127 million in charitable donations.
Morgan Stanley Finance LLC prices $416,000 of market-linked notes — MSFL is issuing structured, principal-return notes due April 3, 2031 linked to the performance of the EURO STOXX 50® Index and fully and unconditionally guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount per note, an issue price of $1,000 per note, an estimated value on the pricing date of $960.00 per note, and a participation rate of 115% for upside at maturity. Payments are subject to Morgan Stanley’s credit risk, the notes pay no interest, and the payoff at maturity depends solely on the index closing level on the observation date of March 31, 2031.
Morgan Stanley Finance LLC priced Trigger PLUS notes due April 5, 2028, unsecured obligations fully and unconditionally guaranteed by Morgan Stanley that provide leveraged upside linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 and S&P 500.
Each $1,000 security pays 125% of the appreciation of the worst performing underlier if that underlier finishes above its initial level, returns principal if the worst performing underlier finishes between its initial level and 70% of its initial level, and exposes investors to dollar-for-dollar losses below 70% (no minimum payment).
Morgan Stanley Finance LLC priced a principal-at-risk structured note — the Dual Directional Trigger PLUS — tied to the S&P 500® Futures Excess Return Index with a $1,000 stated principal per security and an aggregate offering of $975,000. The securities have a 5-year term (pricing and strike date March 31, 2026; maturity April 3, 2031) and pay no interest.
At maturity, outcomes depend on the index level versus an initial level of 527.35: if the final level is higher investors receive principal plus 168% leverage of appreciation; if the final level is down but at or above a 60% downside threshold (316.41) investors can receive a capped positive payment via a 50% absolute return participation rate; if the final level is below the threshold investors suffer losses pro rata and could lose the entire principal.
Morgan Stanley Finance LLC priced Principal at Risk securities linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000. The securities have a stated principal amount of $1,000 per security and an aggregate principal amount of $349,000. The securities pay no interest and offer a fixed upside payment of $152.50 per security (15.25%) if the final level of each underlier is greater than or equal to its downside threshold; otherwise payment at maturity equals the stated principal multiplied by the performance factor of the worst performing underlier, and could be substantially less or zero. The pricing date and strike date are March 31, 2026, original issue date is April 6, 2026, the observation date is September 30, 2027 and maturity is October 5, 2027. All payments are subject to issuer and guarantor credit risk and the agent received a commission of $18.75 per security.
Morgan Stanley Finance LLC offers $304,000 of Trigger PLUS principal-at-risk securities, fully and unconditionally guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount per security and an issue price of $1,000 per security.
Payments at maturity depend on the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices: investors receive principal plus a 400% leverage on upside (capped at $1,792 per security), principal only if underliers stay above 70% of initial levels, or lose 1% of principal for each 1% decline below that threshold. The securities pay no interest and all payments are subject to Morgan Stanley credit risk.