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 Dual Directional Buffered PLUS notes due May 2, 2031, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an issue price of $1,000. The estimated value on the pricing date is approximately $930.00. Payment at maturity depends on the EURO STOXX 50® closing level on the observation date: upside participation uses a leverage factor determined at pricing (146%–161%); a 15% buffer preserves principal only for declines up to that amount; amounts below the buffer result in proportional principal losses. The securities do not pay interest, have a 15% minimum payment, and expose investors to issuer credit risk, limited secondary market liquidity, tax uncertainty, and model/valuation assumptions disclosed herein.
Morgan Stanley Finance LLC priced a structured, auto-callable market-linked security linked to the lowest performing of the iShares® Silver Trust (SLV) and the VanEck® Gold Miners ETF (GDX). The securities have a face amount of $1,000, an estimated value on the pricing date of $944.40, a contingent coupon rate to be set on the pricing date of at least 20.75% per annum, a pricing date of April 30, 2026 and a scheduled maturity of April 27, 2029. Payments are contingent: quarterly coupon payments are paid only if the lowest performing underlying closes at or above 70% of its starting price on the related calculation day, and at maturity investors are exposed to the full downside of the lowest performing underlying if it is below its downside threshold (70% of starting price). The securities are subject to automatic call beginning after approximately six months, are principal-at-risk instruments and all payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC is offering auto-callable, market-linked securities fully guaranteed by Morgan Stanley that mature on October 28, 2027 and have a face amount of $1,000 per security. The securities pay a contingent coupon (rate at least 12.00% per annum, set on the pricing date) monthly if the lowest-performing underlying (S&P 500®, Russell 2000®, Nasdaq-100®) is at or above 75% of its starting level on each monthly calculation day. Beginning about six months after issuance, the securities may be automatically called on monthly calculation days if each underlying is at or above its starting level, in which case holders receive the face amount plus a final contingent coupon payment. If not called, at maturity investors receive either the face amount (if all underlyings are at or above their 75% downside thresholds) or a reduced cash payment equal to the face amount multiplied by the performance factor of the lowest-performing underlying; losses can exceed 25% and may be total. The pricing date is April 30, 2026, original issue date May 5, 2026, estimated value per security on the pricing date approximately $971.70 (within $35.00).
Morgan Stanley Finance LLC is offering principal‑at‑risk, auto‑callable securities tied to the worst performing common stock of Apple Inc. and Blackstone Inc. The securities have a $1,000 stated principal amount and aggregate principal of $800,000, an estimated value on the pricing date of $960.50 per security, and a contingent coupon at an annual rate of 15.25%. Coupons are paid only if both underliers are at or above their coupon barrier levels on observation dates; the notes are automatically redeemed early if both underliers meet call thresholds on any redemption determination date. At maturity, if the final level of either underlier is below its downside threshold (60% of its initial level), investors suffer a loss equal to the decline in the worst performing underlier and may lose their entire principal. All payments are unsecured and subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC is offering Principal at Risk notes—Dual Directional Buffered Jump Securities linked to the worst performing of the Russell 2000® Index and the S&P 500® Index, fully guaranteed by Morgan Stanley. The offering is $2,062,000 aggregate at $1,000 stated principal per security with an estimated value on the pricing date of $973.50 per security. The notes mature on September 30, 2027 and feature a fixed $176.50 upside payment (17.65%) if the worst performing underlier is at or above its initial level, a 15% buffer (85% buffer level), an absolute-return participation feature up to 15%, and a minimum payment at maturity of 15% of principal. All payments are subject to issuer and guarantor credit risk.
The issuer, Morgan Stanley Finance LLC, priced a series of principal‑at‑risk, auto‑callable notes due April 3, 2029 linked to the EURO STOXX 50® Index. The notes have a $1,000 stated principal amount and were sold at par with an estimated value of $966.50 on the pricing date.
The notes pay an early redemption payment of $1,120 if the index closing on the first determination date (April 9, 2027) is at or above the call threshold of 5,505.80 (100% of the initial level). If not called, maturity payoffs depend on final index performance: full principal plus an upside payment equal to the stated principal × 360% × index percent change if the final level is above the initial level; full principal if the final level is between 100% and 80% of the initial level; and a loss proportional to the index decline if the final level is below the downside threshold of 4,404.64 (80% of initial), potentially reducing the payout to zero.
Morgan Stanley Finance LLC priced Principal at Risk callable contingent income securities with a 9.80% annual contingent coupon and $1,000 stated principal per security. The offering aggregates $4,000,000 and was issued at $1,000 (estimated value $986.30). The notes mature on April 2, 2029 and are linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. Coupons are paid only if each underlier meets its coupon barrier (60% of its initial level) on observation dates; a final shortfall below the 60% downside threshold in the worst performing underlier reduces principal pro rata. MSFL is issuer and Morgan Stanley guarantor; all payments remain subject to Morgan Stanley credit risk and the securities may be called early based on a risk-neutral valuation model.
Morgan Stanley Finance LLC is offering Trigger PLUS structured notes due April 1, 2032. The securities are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, with a $1,000 stated principal amount per security and aggregate principal of $2,447,000. The payoff is linked to the S&P 500® Futures Excess Return Index (SPXFP), with an initial level of 514.63 (strike date March 27, 2026) and an observation date of March 29, 2032. If the final level exceeds the initial level, investors receive the stated principal plus a leveraged upside equal to a 200.25% leverage factor times the index percent change. If the final level is between the initial level and the downside threshold of 308.778 (60% of the initial level), investors receive only the stated principal. If the final level is below the downside threshold, investors lose principal on a one-for-one basis and could lose their entire investment. The securities pay no interest, have an estimated value on the pricing date of $936.90 per security, and were issued at an issue price of $1,000 per security with agent commissions of $32.50 per security.
Morgan Stanley Finance LLC priced a $4,310,000 offering of Structured Investments (Buffered Jump Securities) fully and unconditionally guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount and an estimated value of $967.70 on the pricing date.
Key economics: 150% participation rate, 85 buffer level (15% buffer), downside factor 1.1765, upside payment $490, automatic early redemption if the underlier is >=100 on the April 12, 2027 first determination date with an early redemption payment of $1,245, and maturity on March 30, 2028. Commissions are $15 per security.
Morgan Stanley Finance LLC priced a $1,810,000 offering of market-linked, auto-callable principal-at-risk securities with a face amount of $1,000 per security due April 1, 2031, fully and unconditionally guaranteed by Morgan Stanley. The estimated value on the pricing date was $936.20 per security and the price to public was $1,000 per security.
The securities reference the Nasdaq-100, Dow Jones Industrial and S&P 500 indexes and pay an annualized call premium if, on any calculation day beginning April 1, 2027, each underlying closes at or above its starting level. If not called, maturity payments depend on the lowest performing underlying versus a 70% threshold; declines below that threshold expose investors to more than 30% loss, possibly to zero. All payments are subject to Morgan Stanley credit risk.