MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC priced a primary offering of Trigger PLUS principal-at-risk securities with an aggregate principal amount of $779,000, $1,000 per security, fully and unconditionally guaranteed by Morgan Stanley. The securities mature on July 5, 2030 and are linked to the worst performing of the Dow Jones Industrial Average and the S&P 500® Index.

At maturity the payoff is determined by the worst performing underlier: investors receive the stated principal plus a 131% leverage factor on appreciation if the worst performing underlier finishes above its initial level; receive only principal if the worst performing underlier finishes between its initial level and its 70% downside threshold; and lose principal on a one‑for‑one basis below the downside threshold (potentially losing the entire investment). The estimated value on the pricing date was $976.10 per security.

Morgan Stanley Finance LLC priced Principal at Risk securities linked to the S&P 500® Index. The securities have a $1,000 stated principal amount, an issue price of $1,000 per security and aggregate principal of $1,299,000. At maturity investors receive either the stated principal plus the greater of a $200 upside payment or the underlier percent change (capped at a $1,800 maximum), provided the final level is at or above the downside threshold of 5,999.488 (80% of the initial level). If the final level is below that threshold, holders lose 1% for each 1% decline in the underlier and may lose their entire investment. The securities are unsecured obligations of MSFL and are fully guaranteed by Morgan Stanley; all payments are subject to issuer credit risk. The estimated value on the pricing date was $955.60 per security and selected dealers receive a $30 commission per security.

Morgan Stanley Finance LLC priced contingent income, memory auto-callable securities linked to the S&P 500® Index with a $1,000 stated principal amount per security and $400,000 aggregate principal. The securities pay an 8.96% per annum contingent coupon on observation dates if the index is at or above an 80% coupon barrier, feature automatic early redemption if the index is at or above the 100% call threshold on any redemption determination date, and return principal at maturity only if the final level is at or above the 80% downside threshold; otherwise investors suffer proportional principal loss. The issue date is July 6, 2026 and maturity is August 4, 2027. Payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley and are subject to Morgan Stanley credit risk. The estimated value on the pricing date was $985.40 per security and the issue price was $1,000 (agent commission $10.42).

Morgan Stanley Finance LLC is offering Structured Investments — Buffered Jump Securities with an Auto-Callable feature linked to the Nasdaq-100 Index. The offering totals $250,000 aggregate principal at $1,000 per security with an original issue price of $1,000 and an estimated value of $960.90 on the pricing date.

The notes can be automatically redeemed on scheduled determination dates if the index closing level is at or above the call threshold (initial level 30,276.35); early redemption payments correspond to fixed cash amounts that imply ~9.55% per annum. At maturity investors receive either a fixed positive payment, return of principal, or a reduced payment that absorbs losses beyond a 10% buffer, with a minimum payment of 10% of principal. All payments are subject to issuer and guarantor credit risk and secondary market liquidity may be limited.

Morgan Stanley Finance LLC priced an auto-callable, principal-at-risk security due July 3, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a face amount of $1,000 and a current estimated value of $964.50 per security as of the pricing date of June 30, 2026. The securities pay a contingent coupon of 10.20% per annum monthly only if the lowest performing underlying on a monthly calculation day is at or above its coupon threshold (65% of its starting level). Beginning about six months after issue, the notes may be automatically called if each underlying on a calculation day is at or above its starting level. At maturity, if not called, holders receive $1,000 or an amount equal to $1,000 × the performance factor of the lowest performing underlying; a decline below its downside threshold (60% of starting level) exposes investors to losses greater than 40%, possibly total loss. Payments are subject to issuer credit risk and limited secondary market liquidity.

Morgan Stanley Finance LLC is offering market-linked, auto-callable principal-at-risk securities due July 6, 2029, fully guaranteed by Morgan Stanley. The securities have a face amount of $1,000 per security and a participation rate of 400% in the positive performance of the lowest performing underlying stock.

The price to public is $1,000 per security, the estimated value on the pricing date is $943.00 per security, and proceeds to the issuer are $974.25 per security. The product is linked to the lowest performing of Alibaba (ADS), IBM and Blackstone, includes a call feature on July 6, 2027 with a fixed call payment of $1,483, and contains threshold prices equal to 50% of each starting price that trigger full downside exposure.

Morgan Stanley Finance LLC priced principal-at-risk structured notes due July 5, 2030 linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000. The offering size is $369,000 aggregate (stated principal $1,000 per security) with an original issue price of $1,000 and an estimated value on the pricing date of $979.90 per security. Payment at maturity depends solely on the final closing levels on the observation date: investors receive principal plus an upside payment of $595 if the worst performing underlier is flat or up, receive only principal if declines remain above the 70% downside thresholds, or suffer proportional losses (potentially to zero) if the worst performing underlier falls below its downside threshold.

Morgan Stanley Finance LLC priced Principal-at-Risk Structured Investments linked to the worst performing of the Nasdaq-100 and S&P 500. The securities have a $1,000 stated principal amount, issue price of $1,000 and an aggregate principal amount of $3,115,000. The strike and pricing date are June 30, 2026, original issue date July 6, 2026, observation date September 30, 2027 and maturity date October 5, 2027. Payments at maturity depend on the worst performing underlier: upside participation is 100% subject to a maximum upside payment of $1,151.50 (115.15%); an absolute-return feature applies when the worst performer is down but at or above an 80% buffer level; losses apply 1% for each 1% decline beyond the 20% buffer, with a minimum payment of 20% of principal. Estimated value on the pricing date was $988.50 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 structured, auto-callable Jump Notes due July 3, 2031, fully guaranteed by Morgan Stanley, with an aggregate principal amount of $100,000 and a per‑note issue price of $1,000. The notes pay no interest, carry a 100% participation in positive index performance, and may be automatically redeemed early on specified annual determination dates if the Morgan Stanley Amplitude index reaches or exceeds a call threshold; fixed early redemption payments provide returns of roughly 12.00% per annum on the applicable dates.

The notes include issuer credit risk, are unsecured, not exchange-listed, and have an estimated value on the pricing date of $948.70 per note. Tax treatment is as contingent payment debt instruments with a comparable yield of 4.8022% per annum. Further terms and index methodology are described in the annex and accompanying supplements.