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 has provided a preliminary pricing supplement for Callable Jump Securities due April 3, 2031, fully and unconditionally guaranteed by Morgan Stanley. The securities are principal at risk, linked to the worst performing of the S&P 500® and Nasdaq-100® indices. The stated principal amount is $1,000 per security, with a pricing and strike date of March 31, 2026 and an original issue date of April 6, 2026. A call feature begins on April 6, 2027, with a schedule of fixed redemption payments that imply approximately 14.10% per annum if called on specified dates. If not called, maturity payoffs vary: return of principal plus an upside payment if both underliers finish above initial levels; return of principal only if final levels are between initial and the 50% downside threshold; or a principal loss proportional to the decline of the worst performing underlier if it falls below the downside threshold. The participation rate is 200%. The document states an estimated value on the pricing date of approximately $973 per security. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC published a preliminary pricing supplement for $1,000-denominated Principal at Risk structured notes with an auto-callable feature due April 5, 2029, fully guaranteed by Morgan Stanley.
The notes are linked to the worst performing of the S&P 500®, Nasdaq-100® and Russell 2000® indices, provide no periodic interest, and may be automatically redeemed beginning on the April 6, 2027 determination date if each index meets its 100% call threshold. Call thresholds equal 100% of initial levels and downside thresholds equal 70% of initial levels. Early redemption payments range from $1,171 to $1,470.25 per security on scheduled dates; payment at maturity can be $1,513, the stated principal, or a principal loss tied to the worst performing underlier (1% loss per 1% decline below the downside threshold).
The estimated value on the pricing date was approximately $984.10 per security; all payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering Principal at Risk structured notes due May 6, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, an upside payment of $126.50 (12.65%), a downside threshold equal to 70% of each initial index level and an observation date of May 3, 2027. If the worst performing underlier is at or above its downside threshold at observation, holders receive principal plus the upside payment; if any underlier is below its threshold, payoff equals principal times the worst performing underlier’s performance factor and could be zero. The estimated value on the pricing date was approximately $984.80 per security.
Morgan Stanley Finance LLC priced auto‑callable, principal‑at‑risk market‑linked securities due March 25, 2030, fully and unconditionally guaranteed by Morgan Stanley. The offering has an aggregate face amount of $8,260,000 and a face amount of $1,000 per security. The price to public is $1,000 per security; agent commissions are $25.75 and proceeds to the issuer are $974.25 per security. The issuer estimated the value on the pricing date at $959.50 per security. The securities reference the S&P 500® Index and the Dow Jones Industrial Average and pay the specified call payment if, on any quarterly calculation day beginning March 25, 2027, both underlyings close at or above their starting levels. If not called, maturity payoffs depend on the lowest performing underlying; threshold levels equal 75% of the starting levels, below which investors may lose more than 25% or possibly all principal.
Morgan Stanley Finance LLC is offering Trigger PLUS notes due April 4, 2031 linked to the S&P 500® Futures Excess Return Index. Each note has a $1,000 stated principal and offers a 216.50% leverage factor on upside; downside protection applies only down to 70% of the initial level. If the final level is below the downside threshold, investors lose 1% of principal for every 1% decline in the underlier; repayment could be zero. Payments depend on the observation date closing level and are subject to MSFL and Morgan Stanley credit risk. The estimated value on the pricing date was approximately $975.60 per security; the issue price is $1,000 per security.
Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk notes linked to the worst performing of the iShares® Russell Mid‑Cap ETF and the S&P 500® Index. Each security has a $1,000 stated principal amount, a 120% leverage factor, a 15% buffer and a maximum payment at maturity of $1,271.50. The strike and pricing date are April 7, 2026, original issue date April 10, 2026, observation date October 7, 2027 and maturity date October 13, 2027. The estimated value on the pricing date is approximately $976.30 per security. Payments at maturity depend solely on the closing levels of the underliers on the observation date and are subject to Morgan Stanley Finance LLC credit risk and the guaranty of Morgan Stanley.
Morgan Stanley Finance LLC prices $5,975,000 of Digital iShares Expanded Tech-Software Sector ETF‑Linked Notes due April 27, 2027. These principal‑at‑risk, non‑interest‑bearing notes have a Face Amount of $1,000 per note and are fully and unconditionally guaranteed by Morgan Stanley.
Payment at maturity is cash based on the iShares Expanded Tech‑Software Sector ETF performance from the Trade Date: March 20, 2026 to the Determination Date: April 23, 2027. If the Final Underlier Level is ≥85% of the Initial Underlier Level (Threshold Level: $70.5415), each note pays the Maximum Settlement Amount: $1,150.00. If the Final Underlier Level is <85%, the Cash Settlement Amount is reduced per the disclosed formula and investors may lose some or all principal. The estimated value on the Trade Date is $978.00 per note.
Morgan Stanley Finance LLC is offering Dual Directional Trigger PLUS notes linked to the Russell 2000® Index maturing on July 6, 2027. The pricing date is March 31, 2026 and the original issue date is April 6, 2026. Each note has a stated principal of $1,000, a 200% leverage factor for positive index performance, an 80% trigger level for the absolute-return feature, and a maximum payment at maturity of $1,154.40 (115.44% of principal). If the final index value is between the trigger level and the initial index value, investors receive a positive return equal to the absolute decline (up to 20%); if the index falls below the trigger level, losses are 1% of principal for each 1% index decline. Estimated value on the pricing date was approximately $967.00. All payments are subject to Morgan Stanley's credit risk and the Trigger PLUS are unsecured and not exchange listed.
Morgan Stanley Finance LLC is offering Structured Investments — Enhanced Buffered Jump Securities linked to the S&P 500® Index, due June 24, 2027, fully guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount and were issued at $1,000 with an estimated value of $963.60 on the pricing date.
Key economic terms: a 15% buffer (buffer level = 5,530.508), an upside payment of $74 per security (7.40%), and a minimum payment at maturity of 15% of principal. If the final level is below the buffer, investors lose 1% of principal for each 1% decline beyond the buffer. All payments are subject to Morgan Stanley credit risk. Observation date is June 21, 2027.
Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk securities due April 4, 2031 that are unsecured obligations of MSFL and fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $966.40.
The securities provide a leveraged upside equal to 183% of the underlier appreciation and a buffer that protects the first 20% of underlier decline, subject to a minimum payment at maturity of 20% of principal. The underlier is the S&P 500® Futures Excess Return Index. All payments are subject to the issuer’s and guarantor’s credit risk; holders may lose a substantial portion of principal if the final level is below the buffer level.