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 $250,000 aggregate principal amount of Performance Leveraged Upside Securities (PLUS) due March 22, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and a 190% leverage factor; the estimated value on the pricing date was $982.50.
At maturity the payout is determined by the worst performing of three ETFs (QQQ, SOXX, XLK): if the worst performing underlier finishes above its initial level you receive principal plus 190% of that underlier's appreciation; if any underlier finishes at or below its initial level you incur a loss equal to the percentage decline of that worst performing underlier (there is no minimum payment). All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced a primary offering of Principal at Risk securities totaling $753,000. The notes are issued at $1,000 per security (issue price $1,000; estimated value $949.80) and are fully guaranteed by Morgan Stanley.
The securities pay a contingent coupon at an annual rate of 10.60% on observation dates if each underlier is ≥ its coupon barrier. They are auto-callable on scheduled redemption determination dates and mature on March 23, 2029. If any underlier is below the downside threshold at maturity (70% of initial level), principal is reduced pro rata based on the worst performing underlier. Agent commissions are $25 per security.
Morgan Stanley Finance LLC is offering Principal-at-Risk auto-callable securities linked to Chipotle Mexican Grill common stock. The issue is $1,000 per security with an aggregate principal amount of $667,000. The securities pay a $1,000 stated principal per security but are principal at risk and are fully guaranteed by Morgan Stanley.
The securities carry a contingent coupon at an annual rate of 12.00%, payable only if the closing level of the underlier meets the coupon barrier on an observation date. The initial level and call threshold are $33.37; the coupon barrier and downside threshold are $20.356 (approximately 61% of the initial level). The final observation date is March 20, 2028 and the maturity date is March 23, 2028. If not automatically redeemed and the final level is below the downside threshold, payment at maturity equals the stated principal multiplied by the performance factor and could be significantly less than, or zero of, principal. The estimated value on the pricing date was $964.30 per security.
Morgan Stanley Finance LLC priced a structured note — Contingent Income Memory Buffered Auto-Callable Securities due March 25, 2031 — fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an estimated value on the pricing date of $901.30. The notes pay an annual contingent coupon of 11.85% on specified coupon payment dates only if the underlier's closing level meets the coupon barrier. The underlier is the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index (initial level 1,024.24). The notes are auto-callable beginning with the March 22, 2027 determination date if the underlier is at or above the call threshold (1,024.24), and provide a 15% buffer (buffer level 870.604) with a minimum payment at maturity of 15% of principal. All payments are subject to issuer credit risk; proceeds to the issuer equal $959 per security after commissions.
Morgan Stanley Finance LLC priced a contingent‑income, memory, auto‑callable note linked to the common stock of The Goldman Sachs Group, Inc., fully and unconditionally guaranteed by Morgan Stanley. The notes were issued at $1,000 per security for an aggregate principal amount of $2,563,000 and mature on March 23, 2029.
The securities pay a 12.55% annual contingent coupon only if the closing level of the underlier meets the coupon barrier on observation dates. The initial and call threshold level is $813.53; the coupon barrier and downside threshold are $569.471 (70% of the initial level). If not auto‑redeemed and the final level is below the downside threshold, principal is reduced pro rata and could be zero. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC is offering $1,340,000 aggregate principal amount of Dual Directional Buffered Participation Securities, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and matures on March 23, 2028.
The securities are linked to the S&P 500 Index with an initial level of 6,506.48 and final averaging dates in March 2028. They feature a 20% buffer (buffer level 5,205.184), a downside factor of 1.25, and full participation up to an upside cap of $1,211 per security (121.10% of principal). The estimated value on the pricing date was $978.10 per security and the issue price was $1,000 per security (agent commission $15, proceeds to issuer $985 per security).
Morgan Stanley Finance LLC is offering $525,000 aggregate principal of Structured Investments — Enhanced Buffered Jump Securities due April 23, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an original issue price of $1,000.
The securities reference the Dow Jones Industrial Average and the S&P 500 and pay no interest. Investors receive a fixed upside payment of $74.50 (7.45%) if the worst performing underlier finishes at or above its buffer of 80% of its initial level. If the worst performing underlier falls below the buffer, investors lose 1% of principal for each 1% decline beyond the buffer, subject to a minimum payment at maturity of 20% of principal. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC is issuing Trigger PLUS principal-at-risk notes due March 25, 2031 with an aggregate principal amount of $804,000 and a $1,000 stated principal per security. The notes are fully and unconditionally guaranteed by Morgan Stanley and are linked to the worst performing of three State Street sector ETFs: XLF, XLK and XLU.
Key economic features disclosed: an issue price of $1,000 per security (estimated value on the pricing date $903.20), a 400% leverage factor for upside, and downside protection only to the extent each underlier remains above 70% of its initial level (downside thresholds: XLF $34.356, XLK $94.703, XLU $31.255). Payment at maturity depends solely on closing levels on the observation date March 20, 2031 and may result in loss of principal if the worst performing underlier falls below its downside threshold.
Morgan Stanley Finance LLC is offering Principal at Risk Buffered Participation Securities linked to the worst performing of the Dow Jones Industrial Average and the S&P 500® Index. The issue price is $1,000 per security with an aggregate principal amount of $4,190,000.
Key economic terms: participation rate 101%, a buffer of 15% (buffer levels set at 85% of initial levels), and a minimum payment at maturity equal to 15% of principal. Important dates: Strike/Pricing Date: March 20, 2026, Original Issue Date: March 25, 2026, Observation Date: September 20, 2027, and Maturity Date: September 23, 2027. Payments at maturity depend solely on closing levels on the observation date and are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC is offering Dual Directional Buffered Jump Securities with an auto-callable feature due March 23, 2028, fully guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount and an aggregate principal amount of $530,000. They pay no regular interest, may be automatically redeemed on the first determination date for an early redemption payment of $1,097.50, and otherwise pay at maturity according to the underlier’s performance versus an initial level of 526.41 with an 80% buffer and a 20% minimum payment at maturity. The estimated value on the pricing date was $976.70, and the issue price is $1,000 (agent commission $7.50 per security). All payments are subject to issuer credit risk.