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 Investments — Principal at Risk securities with an auto‑callable feature due March 16, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an issue price of $1,000; the estimated value on the pricing date is approximately $970.90.
The securities reference a four‑stock basket (Apollo, Blackstone, Ares, KKR) and include an automatic early redemption on the first determination date March 29, 2027 if the closing level meets the call threshold of 100, yielding an early redemption payment of $1,262.50. If not called, the final determination date is March 13, 2028 with payoff mechanics that include a 150% participation rate, a 15% buffer (buffer level = 85), a downside factor of 1.1765 and an upside payment of $525. All payments are subject to the issuer and guarantor credit risk. Minimum ticket size is $10,000 and placement fees may be up to $15 per $1,000.
Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable notes due March 22, 2029, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $962.90. The notes reference the S&P 500® Index, provide no interest, and expose investors to loss of principal if the final index level falls below a downside threshold equal to 70% of the initial level. The call threshold equals 100% of the initial level; automatic early redemption can occur on determination dates beginning with the first determination date of March 24, 2027, producing predefined early redemption payments of $1,087.50 and $1,175.00 on the two scheduled early redemption dates. If not called, the payment at maturity will be $1,262.50 if the final level is at or above the call threshold, the stated principal if the final level is at or above the downside threshold, or the stated principal multiplied by the performance factor if below the downside threshold. All payments are subject to Morgan Stanley credit risk and tax treatment is uncertain.
Morgan Stanley Finance LLC priced a primary offering of Trigger PLUS principal‑at‑risk securities linked to the VanEck® Semiconductor ETF, with an aggregate principal amount of $3,084,000. Each security has a stated principal amount of $1,000, an issue price of $1,000, an estimated value on the pricing date of $964.40, a 200% leverage factor, a downside threshold at 90% of the initial level, and a capped maximum payment of $1,380 per security.
The securities pay no interest, may return the stated principal only if the underlier does not fall below the downside threshold at observation, provide leveraged upside subject to the cap, and expose investors to credit risk of Morgan Stanley and potential total loss of principal.
Morgan Stanley Chief Financial Officer Sharon Yeshaya reported a routine equity compensation event involving performance stock units. She acquired 17,399 shares of common stock at a stated price of $0.00 per share, reflecting shares earned under a performance stock unit award tied to relative return on tangible common equity.
To cover tax obligations from this PSU conversion, 9,622 shares were disposed of at $160.89 per share through share withholding, not an open-market sale. After these transactions, she holds 151,659.2 shares of Morgan Stanley common stock directly.
Morgan Stanley Co-President Daniel A. Simkowitz reported compensation-related stock activity. He received a grant of 32,865 shares of common stock earned under a performance stock unit award tied to relative return on tangible common equity. On the same date, 18,175 shares were withheld at $160.89 per share to cover taxes on the award conversion, so this disposition was not an open-market sale. After these entries, he directly holds 388,492.079 shares of common stock and indirectly holds 1,805.331 shares through a 401(k) plan.
Morgan Stanley Co-President Andrew M. Saperstein reported a compensation-related stock transaction. He received a grant of 52,777 shares of common stock at no cost, earned based on the company’s achievement of pre-established relative return on tangible common equity performance goals tied to a performance stock unit award granted on January 18, 2023.
To cover taxes on the PSU conversion, 26,943 shares were withheld at a price of $160.89 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these entries, Saperstein directly owns 333,810.385 shares of Morgan Stanley common stock.
Morgan Stanley executive Michael A. Pizzi, Head of Technology & Operations, received a grant of 16,432 shares of common stock on March 12, 2026. The shares were earned under a performance stock unit award tied to pre-established return-on-tangible-common-equity goals. To cover taxes on this conversion, 7,900 shares were withheld at a price of $160.89 per share, resulting in a net increase in his direct holdings to 145,467.42 shares of common stock.
Morgan Stanley Chief Legal/Admin Officer Eric F. Grossman received a grant of 22,715 shares of common stock on March 12, 2026 at no cost, earned from a performance stock unit award granted on January 18, 2023 based on pre-established return-on-tangible-common-equity criteria.
On the same date, 11,597 shares were withheld at $160.89 per share to cover tax obligations tied to that performance award conversion. After these compensation-related transactions, Grossman directly holds 186,079.952 shares of Morgan Stanley common stock.
Morgan Stanley Chief Client Officer Mandell Crawley received a stock award and had shares withheld for taxes. On the same date, he acquired 9,666 shares of common stock at no cost when a January 18, 2023 performance stock unit award vested based on pre-set return-on-tangible-common-equity goals. The company then withheld 4,935 shares at a price of $160.89 per share to cover related tax obligations. After these compensation-related transactions, Crawley directly holds 78,657.888 shares of Morgan Stanley common stock.
Morgan Stanley Chairman and CEO Edward Pick reported a stock-based compensation event involving the company’s common stock. He received a grant of 60,897 shares on March 12, 2026 at $0.0000 per share, earned based on the company’s achievement of pre-established relative return on tangible common equity performance criteria for a prior performance stock unit award.
To cover tax obligations upon conversion of this performance stock unit award, 33,677 shares were withheld at a price of $160.89 per share. After these transactions, he directly owned 666,248.764 shares of common stock, with additional indirect holdings of 4,298.477 shares through a 401(k) plan and 104,963 shares through a Grantor Retained Annuity Trust.