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 notes called "Dual Directional Jump Securities" due March 29, 2029, linked to the worst performing common stock of Microsoft, Broadcom, and Micron. The stated principal amount is $1,000 per security and the original issue price is $1,000 per security. The document states an estimated value on the pricing date of approximately $952.40 per security.
The securities are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley. They are auto‑callable: if each underlier is at or above a call threshold of 70% of its initial level on the first determination date (March 25, 2027), holders receive an early redemption payment of $1,400. At maturity the payoff depends on the worst performing underlier: upside participation is 225%, absolute return participation is 50%, downside thresholds are 50% of initial levels, and a performance factor applies for deep declines that can result in a loss of some or all principal. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC is offering structured Principal at Risk securities with a stated principal amount of $1,000 per security. The securities mature on October 5, 2027 and reference the worst performing of the Russell 2000® and S&P 500® indices with an observation date of September 30, 2027.
Key economic terms: issue price $1,000, estimated value on the pricing date approximately $981.20, participation rate 101%, buffer amount 20% (buffer level = 80% of initial level) and a minimum payment at maturity of 20% of stated principal. Payment depends on the worst performing underlier and all payments are subject to the issuer and guarantor credit risk.
Morgan Stanley Finance LLC issues principal-at-risk notes fully guaranteed by Morgan Stanley. The offering totals $825,000 in aggregate and is sold in $1,000 denominations with an original issue price of $1,000 per security and an estimated value on the pricing date of $981.20. The securities mature on March 23, 2028 and reference the worst performing of the Dow Jones Industrial Average and the S&P 500 Index.
Payments at maturity depend solely on closing levels on the observation date. There is a 15% buffer (buffer level = 85% of initial levels) and a minimum payment of 15% of principal. Upside participation is 100%, upside returns are effectively capped at 15% in the absolute-decline scenario, and principal is at risk if the worst performing underlier closes below the buffer. All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering Structured Investments: Enhanced Buffered Jump Securities fully and unconditionally guaranteed by Morgan Stanley.
The securities have a stated principal amount of $1,000 per security, an upside payment of $317.50 (31.75%), a buffer amount of 20% and a minimum payment at maturity of 20%. Key dates include a strike date and pricing date of March 31, 2026, an observation date of April 3, 2029 and a maturity date of April 6, 2029. The securities are linked to the worst performing of XLF, XLRE and the SXXP Index; a decline in any underlier beyond the buffer will reduce principal on a 1:1 basis. The estimated value on the pricing date is approximately $965.90 per security. All payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC offers Principal at Risk Buffered Participation Securities linked to the MSCI EAFE® Index, with a $1,000 stated principal per security and a maturity of March 30, 2028. The securities are fully guaranteed by Morgan Stanley and are unsecured obligations of MSFL.
Key economic terms disclosed: 100% participation in upside subject to a maximum payment of $1,421.50 (142.15% of principal), a 10% buffer (buffer level = 90% of initial level), a minimum payment of 10% of principal, pricing/strike on March 25, 2026, and an observation date of March 27, 2028. Payments are subject to issuer credit risk and structured fees reflected in an estimated value of approximately $966.10 on the pricing date.
Morgan Stanley Finance LLC proposes Structured Investments Enhanced Buffered Jump Securities due April 29, 2027, fully and unconditionally guaranteed by Morgan Stanley. The securities have a $1,000 stated principal amount per security and an estimated value of approximately $979.30 on the pricing date.
Key economic terms: an upside payment of $142.50 (a 14.25% return) if the worst performing underlier is at or above its 85% buffer level on the observation date, a buffer of 15%, and a minimum payment at maturity of 15% of principal. Payment depends on the worst performing of the Russell 2000®, S&P 500® and Nasdaq-100® Technology Sector indices; principal is at risk and all payments are subject to issuer credit risk.
Morgan Stanley Finance LLC offers callable Contingent Income Principal at Risk Securities due September 23, 2027, fully and unconditionally guaranteed by Morgan Stanley. The offering totals $2,222,000 aggregate principal at $1,000 stated principal per security.
The notes pay a contingent coupon of 14.25% per annum for each interest period only if the closing level of each of the three underliers (Dow Jones Industrial Average, Nasdaq-100® Technology Sector Index, Russell 2000®) is at or above its coupon barrier (70% of initial level) on the observation date. If any underlier is below the coupon barrier on an observation date, no coupon is paid for that period. At maturity, if the final level of every underlier is at or above its downside threshold (70% of initial), the stated principal is returned; otherwise payment equals the stated principal multiplied by the performance factor of the worst performing underlier, producing proportional principal loss (possible total loss).
The securities are redeemable beginning June 25, 2026, if, based on a risk‑neutral valuation model using specified inputs, early redemption is economically rational for the issuer. Estimated value on the pricing date was $982.50 per security; issue price is $1,000 with $7 agent compensation and proceeds to issuer of $993 per security. All payments are subject to issuer credit risk and MSFL is a finance subsidiary with recourse only to Morgan Stanley under the guarantee.
Morgan Stanley Finance LLC priced a series of principal‑at‑risk, auto‑callable structured notes due March 28, 2029, fully and unconditionally guaranteed by Morgan Stanley. The securities have a stated principal amount of $1,000 per security and an estimated value on the pricing date of approximately $982.50. The notes reference the Dow Jones Industrial Average, the Nasdaq‑100 and the S&P 500 and are linked to the worst performing underlier. Automatic early redemption may occur beginning on the first determination date, with scheduled early redemption payments that correspond to an approximate 15.60% per annum return on the listed determination dates. At maturity investors either receive a fixed positive payment, the stated principal, or—if the worst performing underlier falls below its downside threshold (70% of initial level)—a principal amount reduced in proportion to that worst performing underlier, which could result in total loss of principal. All payments are subject to issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced Principal-at-Risk structured notes due March 23, 2028, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, an initial level of 100, a call threshold of 100 (first determination date April 2, 2027) and a buffer level of 85. If called on the first determination date, the early redemption payment is $1,253. At maturity the payoff offers a 150% participation rate up to the greater of a fixed upside payment ($506) or participation-based upside, while declines beyond the 15% buffer are multiplied by a 1.1765 downside factor and can fully erode principal. All payments are subject to issuer credit risk; estimated value on pricing date was approximately $973.60 per security.
Morgan Stanley Finance LLC priced a preliminary offering of buffered, auto-callable Principal at Risk securities due March 23, 2028, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, a 100% participation rate, a 20% buffer (buffer level = 80% of the initial level) and a call threshold of 100. If the underlier meets or exceeds the call threshold on the first determination date (March 24, 2027), an early redemption payment of $1,123.50 per security applies. If not called, maturity payoffs depend on the final level versus the buffer: full principal if final level ≥ buffer level, upside participation if final level > initial level, or pro rata losses beyond the buffer (minimum cash payment set at 20% of principal). The underlier is a weighted basket of the MSCI EAFE Index (70%) and MSCI Emerging Markets Index (30%).