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 structured notes due May 1, 2031 that are fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and pays a contingent coupon (annual rate determined on the pricing date, shown as 11.50%-12.50% range) only when the underlier meets the coupon barrier on observation dates. The notes feature an automatic early redemption if the underlier equals or exceeds the call threshold on a redemption determination date and a buffer that absorbs the first 15% of underlier decline; if the final level is below the buffer level, investors lose 1% of principal for each 1% decline beyond the buffer subject to a 15% minimum payment at maturity. The underlier is the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, established March 14, 2022, and the estimated value on the pricing date is approximately $896.20 per security.
The Morgan Stanley Finance LLC preliminary pricing supplement describes contingent income, memory buffered auto-callable notes due May 1, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal and an estimated value on the pricing date of approximately $899.50. The notes pay contingent coupons (annual rate to be set between 8.50%–9.50%) only if the underlier meets coupon barrier tests on observation dates, feature automatic early redemption if the underlier is at or above a 90% call threshold on redemption dates, and provide a 20% buffer with a 20% minimum payment at maturity. Investors face principal‑at‑risk, limited upside (no participation in underlier appreciation), credit exposure to Morgan Stanley, and potentially limited secondary market liquidity.
Morgan Stanley Finance LLC priced a preliminary offering of Buffered PLUS principal-at-risk securities linked to the S&P 500® Index with a stated principal amount of $1,000 per security. The securities offer a 300% leverage factor on upside subject to a $1,295 maximum payment at maturity, a 10% buffer and a 10% minimum payment at maturity. The pricing and strike dates are April 29, 2026, the original issue date is May 4, 2026, the observation date is April 30, 2029, and the maturity date is May 3, 2029. The estimated value on the pricing date is approximately $957.00 per security; all payments are subject to issuer and guarantor credit risk and the securities do not pay interest.
Morgan Stanley Finance LLC is offering Trigger PLUS principal-at-risk notes due May 3, 2030 linked to the worst performing of the Dow Jones Industrial Average and the S&P 500® Index. Each security has a $1,000 stated principal amount and pays no interest. At maturity, if the worst performing underlier appreciates, holders receive principal plus a 132% leveraged upside on that underlier's gain; if the worst performing underlier finishes between its initial level and a 70% downside threshold, holders receive only principal; if the worst performing underlier finishes below its downside threshold, holders suffer a pro rata loss of principal (1% loss for each 1% decline), potentially losing their entire investment. The estimated value on the pricing date is approximately $959.10 per security. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and remain subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC priced buffered jump securities (principal-at-risk notes) tied to the MSCI Emerging Markets Index. Each security has a $1,000 stated principal amount and an estimated value of $974.20 on the pricing date. The notes can auto-redeem on the first determination date for $1,185.40 if the index is at or above the call threshold of 1,412.19.
If not redeemed, maturity payoffs depend on the final level versus the initial level (1,412.19) and an 85% buffer level (1,200.362). Upside participation is 125% of appreciation; downside exposure applies beyond the 15% buffer with a 1.1765 downside factor, and there is no minimum payment at maturity.
Morgan Stanley Finance LLC prices structured Step-Up Jump Notes due May 4, 2033 linked to the BlackRock Adaptive U.S. Equity 5% Index, fully and unconditionally guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount per note, do not pay interest, and feature automatic early redemption on annual determination dates beginning April 29, 2027 if the closing level of the underlier meets or exceeds specified call thresholds. Early redemption payments are fixed amounts that target approximately 9.00% per annum for each applicable determination date; if not redeemed, maturity pays the stated principal plus an upside payment equal to 100% participation in any appreciation of the underlier (or only the stated principal if the final level is equal to or below the initial level). The estimated value on the pricing date is approximately $935.10 per note, reflecting issuance, sales and hedging costs borne by investors. All payments are subject to the credit risk of Morgan Stanley and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC offers Buffered PLUS notes due May 3, 2030, fully guaranteed by Morgan Stanley, linked to the worst performing of the Russell 2000® and S&P 500® indices. Each security has a stated principal amount of $1,000. At maturity investors receive either principal plus a leveraged upside (leverage factor set at 120%–125%), principal only if the worst underlier is within a 20% buffer, or a reduced payment equal to the principal multiplied by the performance factor plus the buffer. The securities pay no interest, have a minimum payment at maturity of 20% of principal, and carry issuer credit risk. Pricing and strike dates are April 30, 2026 and original issue date is May 5, 2026. Estimated value on the pricing date was approximately $960.50 per security.
Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) is offering contingent income, buffered auto-callable notes due May 3, 2029 linked to the worst performing of the S&P 500® and Russell 2000® indices. Each security has a $1,000 stated principal amount and an estimated value on the pricing date of approximately $944.20.
The notes pay a 7.60% annual contingent coupon on each coupon payment date only if both underliers are at or above their coupon barrier levels on the related observation dates, feature automatic early redemption beginning on April 29, 2027 if both underliers meet call thresholds, and provide a 15% buffer with a 15% minimum payment at maturity. If the worst performing underlier is below the buffer at maturity, principal is reduced 1% per 1% decline beyond the buffer. All payments are subject to Morgan Stanley’s credit risk and the notes may have limited secondary market liquidity.
Morgan Stanley Finance LLC priced auto-callable principal-at-risk notes linked to the worst performing of the S&P 500® and Russell 2000®. Each security has a $1,000 stated principal, a 150% participation rate in upside, a downside threshold at 70% of initial level and potential full loss of principal if the worst underlier declines below that threshold. The notes may auto-redeem on May 7, 2027 if both underliers meet their call thresholds on the first determination date. Final determination is April 30, 2029 with maturity on May 3, 2029. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced a preliminary offering of structured notes called Trigger PLUS, unsecured principal-at-risk securities fully guaranteed by Morgan Stanley, linked to the worst performing of the Dow Jones Industrial Average and the S&P 500. Each security has a $1,000 stated principal amount and an original issue price of $1,000. The securities mature on May 1, 2031 with an observation date of April 28, 2031 and a strike/pricing date of April 27, 2026. At maturity investors receive either the stated principal plus a leveraged upside payment if the worst performing underlier appreciated, the stated principal if the worst performing underlier is at or above a 70% downside threshold, or a loss equal to the full percentage decline of the worst performing underlier if it falls below that 70% threshold; there is no guaranteed interest or minimum payment. The preliminary estimated value on the pricing date is approximately $927.80 per security and the leverage factor will be set between 120% and 130% on the pricing date. All payments are subject to Morgan Stanley’s credit risk.