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 structured, principal‑at‑risk auto‑callable notes fully and unconditionally guaranteed by Morgan Stanley with a $1,000 stated principal amount per security and an aggregate offering of $500,000. The securities were priced at $1,000 with an estimated value on the pricing date of $977.60.
The notes reference the S&P 500® Index with an initial/strike level of 6,672.62. They feature automatic early redemption on the first determination date March 25, 2027 if the closing level is at or above the call threshold (100% of the initial level), producing an early redemption payment of $1,122.20 per security on March 30, 2027. If not called, maturity is March 16, 2028 with payoffs that (a) provide 150% participation in upside if the final level exceeds the initial level, (b) return principal if the final level is between 100% and 80% of the initial level, or (c) deliver a proportionate loss below the 80% downside threshold (payment could be zero). All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC is offering Principal at Risk structured notes due April 3, 2031 linked to the worst performing of the Dow Jones Industrial Average, the S&P 500® and the Russell 2000®. The notes have a $1,000 stated principal amount and an estimated value on the pricing date of $942.40 per security.
The securities can be automatically redeemed starting with the first determination date on April 7, 2027 for fixed early redemption payments that increase through the term (examples: $1,108.50, $1,217.00, $1,325.50, $1,434.00). At maturity investors may receive a fixed positive return, the stated principal amount, or a loss tied 1:1 to the worst performing underlier if that underlier falls below a 70% downside threshold of its initial level.
Morgan Stanley Finance LLC is offering Principal-at-Risk Contingent Income Auto-Callable Securities with an aggregate principal amount of $260,000. Each security has a stated principal amount of $1,000 and an issue price of $1,000; the estimated value on the pricing date was $971.50 per security.
The notes pay a contingent coupon at an annual rate of 8.45% on observation dates only if the closing level of each underlier (the Dow Jones Industrial, Russell 2000® and S&P 500®) is at or above its coupon barrier (approximately 65% of initial levels). The securities are automatically redeemed if, on a redemption determination date, each underlier is at or above its call threshold (100% of initial levels). If not redeemed, maturity payment depends on the worst performing underlier and can result in a loss of principal equal to the percentage decline of that underlier.
Morgan Stanley Finance LLC is offering structured, principal‑at‑risk securities linked to the worst performing of the Russell 2000® and the S&P 500® Index. Each security has a stated principal amount of $1,000, an upside payment of $165 (16.50%) and a 20% buffer.
If on the observation date the final level of each underlier is at or above its buffer level, holders receive principal plus the upside payment; if the worst performing underlier is below its buffer, holders lose 1% of principal for each 1% decline beyond the buffer, subject to a minimum payment of $200 (20%). The observation date is March 13, 2028 with maturity on March 16, 2028. The pricing date and strike date are March 13, 2026. The estimated value on the pricing date was $972.90 per security and the aggregate principal offered is $1,065,000.
All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley; market value before maturity and payment at maturity are subject to issuer credit risk, index volatility and the calculation agent’s determinations. The agent is Morgan Stanley & Co. LLC and placement agents receive up to $15 per security in fees.
Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable structured notes due March 14, 2031, fully guaranteed by Morgan Stanley. The offering registers an aggregate principal amount of $500,000 at an issue price of $1,000 per security.
The securities are linked to the S&P 500® Index and the Dow Jones Industrial Average and reference the worst performing underlier. An automatic early redemption can occur on the first determination date March 16, 2027 for an early redemption payment of $1,150 if both underliers meet their call threshold levels. At maturity, investors may receive the stated principal plus an upside payment equal to 170% of the worst underlier's appreciation, the stated principal only, or a reduced payment proportional to the worst underlier's decline if it falls below its 70% downside threshold. Estimated value on the pricing date was $981.90 per security. All payments are subject to issuer credit risk.
Morgan Stanley Finance LLC priced $332,000 of Structured Investments Buffered Participation Securities, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays no interest; maturity is March 16, 2028 with the observation date of March 13, 2028.
At maturity the payment depends on the MSCI Emerging Markets Index performance: full principal plus upside up to a $1,652.50 cap if the final level is above the initial level, full principal if the final level is within the 10% buffer, and a proportional loss beyond the buffer down to a 10% minimum payment. All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering structured, principal-at-risk, auto-callable securities guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and is linked to the worst performing of the Russell 2000® and the S&P 500®. The securities feature automatic early redemption on specified determination dates with fixed early redemption payments of $1,132.50 on April 12, 2027 and $1,265.00 on April 5, 2028, a maturity payment of $1,397.50 if both underliers meet call thresholds, and downside protection only to 60% of initial levels, below which investors suffer pro rata losses in the worst performing underlier.
Estimated per-security value on the pricing date is approximately $977.70. The offering discloses that investors bear issuer credit risk, will not receive interest, and will not participate in upside beyond the fixed payoffs. Aggregate principal amount and final pricing details are to be set on the pricing date.
The Bearish Dual Directional Trigger PLUS are unsecured, principal‑at‑risk notes issued by Morgan Stanley Finance LLC and guaranteed by Morgan Stanley. The offering aggregates $26,250,000 and has a stated principal amount of $1,000 per note. The notes mature on April 16, 2027 with valuation on April 13, 2027. They provide 200% leveraged inverse exposure to the S&P 500® Index below the initial index value (initial index value 6,632.19) capped at a $1,300 maximum payment. If the final index value is between the initial value and the trigger level (114% / 7,560.697), investors receive an unleveraged positive return up to 14%. If the index appreciates above the trigger level, investors lose 1% of principal for each 1% index gain; payments can be below $860 and may be zero. Estimated value on pricing date: $973.30. All payments are subject to issuer credit risk; the notes are not listed and there is no minimum payment at maturity.
Morgan Stanley Finance LLC prices Structured Investments Buffered Participation Securities linked to the S&P 500® Index. The offering comprises $634,000 aggregate principal of $1,000‑denominated, principal‑at‑risk notes with a two‑year term maturing on March 16, 2028. The securities pay no interest, provide a 10% buffer (90% buffer level) and 100% participation in upside subject to a $1,310.50 maximum payment (131.05% of principal). If the final index level is below the buffer level, investors lose 1% for each 1% decline beyond the buffer, with a 10% minimum payment of principal. All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley; returns depend on the closing index level on the observation date and are subject to issuer credit risk and other stated limitations.
Morgan Stanley Finance LLC offers Principal-at-Risk, contingent-income, memory auto-callable securities linked to Vertiv Holdings Co Class A common stock, fully and unconditionally guaranteed by Morgan Stanley. The offering is in $1,000 denominations with an aggregate principal amount of $500,000 and an issue price of $1,000 per security.
The securities mature on March 15, 2029 (final observation date March 12, 2029). They pay a contingent coupon at an annual rate of 16.00% only when the underlier meets the coupon barrier ($135.03, 50% of the initial level) on observation dates. Automatic early redemption can occur if the underlier is at or above the call threshold ($270.06, 100% of the initial level) on a redemption determination date. At maturity, if the final level is below the downside threshold ($108.024, 40% of the initial level), payment equals the stated principal multiplied by the performance factor and may be significantly less than principal, possibly zero. All payments are subject to issuer and guarantor credit risk.