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 $1,000,000 of Contingent Income Auto-Callable Securities due August 9, 2029, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the worst performer of Bank of America common stock and JPMorgan Chase common stock and are principal-at-risk.
Investors receive a 12.00% per annum contingent coupon only when both stocks close at or above their coupon barrier levels (70% of initial). The notes may be automatically redeemed on scheduled dates if both stocks are at or above 100% of their initial levels, returning principal plus the applicable coupon.
If not called and either stock finishes below its downside threshold level (70% of initial), repayment of principal is reduced 1% for each 1% decline of the worst performer, potentially to zero. The estimated value on the pricing date is $987.50 per $1,000 note, reflecting embedded costs, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is issuing Dual Directional Buffered PLUS notes linked to the worst performer of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, with an aggregate principal amount of $1,067,000, and pays no interest.
At maturity on August 10, 2029, if both indices finish above their initial levels, holders receive principal plus a leveraged upside of 113% of the worst index’s gain. If either index is at or below its initial level but both are at or above the 82% buffer level, investors receive principal plus an absolute return on the decline of the worst index, capped at a positive 18% return. If either index closes below its buffer level, investors lose 1% of principal for each 1% decline of the worst index beyond the 18% buffer, subject to a minimum payment of 18% of principal.
The initial levels are 3,034.494 for the Russell 2000 and 7,757.64 for the S&P 500. The estimated value on the pricing date is $982.30 per security, below the $1,000 issue price, reflecting issuing, selling, structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of MSFL and Morgan Stanley, may be illiquid, and involve complex tax and market risks.
Morgan Stanley Finance LLC is issuing Contingent Income Memory Buffered Auto-Callable Securities due August 12, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount each and a total issuance of $2,118,000, linked to the S&P U.S. Equity Momentum 40% VT 4% Decrement Index.
Investors may receive a 9.50% per annum contingent coupon only when the index closes at or above the 65% coupon barrier on observation dates, with missed coupons potentially paid later if the barrier is met. The notes are automatically redeemed if the index is at or above 90% of the initial level on specified dates, paying principal plus any due coupons. At maturity, if not called and the index is at or above the 85% buffer level, principal is repaid; below that, principal is reduced 1% for each 1% decline beyond the 15% buffer, subject to a 15% minimum payment. The estimated value at pricing is $908.40 per $1,000 note, reflecting issuance, selling, structuring and hedging costs. These unsecured securities involve principal-at-risk, limited liquidity and are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing structured Buffered PLUS with Downside Factor notes maturing August 10, 2029, linked to the State Street Consumer Discretionary Select Sector SPDR ETF. Each security has a $1,000 stated principal amount, with an aggregate principal of $630,000.
At maturity, if the ETF’s final level is above the initial level of $119.86, holders receive principal plus 150% of the ETF’s gain, capped at a maximum payment of $1,431 per security. If the final level is between the 20% buffer level of $95.888 and the initial level, investors receive only principal. Below the buffer, losses are magnified at 1.25% of principal for each 1% decline beyond the 20% buffer, with no minimum repayment, so the entire investment can be lost.
The issue price is $1,000, while the estimated value on the pricing date is $973.90, reflecting embedded costs and issuer economics. The notes pay no interest, have limited upside, are subject to Morgan Stanley’s credit risk, may have limited secondary market liquidity and carry complex U.S. federal tax treatment, including potential “constructive ownership” considerations.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with Auto-Callable Feature and Downside Factor due August 17, 2028, linked to the Global X Copper Miners ETF and fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and issue price, with an estimated value of approximately $973 on the pricing date, reflecting embedded issuance, selling, structuring and hedging costs.
The notes may be automatically redeemed on September 2, 2027 if, on August 30, 2027, the ETF’s closing level is at or above 100% of the initial level. In that case, investors receive at least $1,210 per security and no further payments. If held to maturity and the final level is at or above the initial level, investors receive $1,000 plus the greater of a fixed upside payment of at least $420 or 100% of the ETF’s price appreciation. If the final level is below the initial level but at or above 70% of it, investors receive only the $1,000 principal. Below the 70% buffer level, losses accelerate at a downside factor of 1.4286, so each 1% additional decline beyond the 30% buffer reduces principal by 1.4286%, potentially to zero.
The securities pay no interest, have no minimum payment at maturity and expose investors to the credit risk of Morgan Stanley and MSFL, as well as volatility and concentration risks tied to the copper mining industry. J.P. Morgan entities act as placement agents, receiving up to $15 per $1,000 in fees.
Morgan Stanley Finance LLC is offering Jump Securities with an auto-callable feature due August 17, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and is linked to the worst performing of three ETFs: iShares MSCI EAFE, iShares U.S. Medical Devices, and State Street Utilities Select Sector SPDR.
The notes pay no interest and do not guarantee principal. Beginning August 18, 2027, they are automatically redeemed on specified determination dates if each underlier is at or above its call threshold, for fixed call payments rising from $1,170 to $1,425 per $1,000. If held to maturity and all underliers are at or above their call thresholds, investors receive $1,510 per security. If any underlier finishes below its call threshold but above its downside threshold (65% of initial level), only principal is returned. If any finishes below its downside threshold, repayment is reduced 1% for each 1% decline of the worst underlier, potentially to zero. The estimated value on the pricing date is about $964.80 per security, reflecting issuance, structuring and hedging costs. All payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due February 17, 2028, linked to the common stock of Arista Networks, Inc., fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, with an issue price of $1,000.
Investors may receive a contingent coupon at 20.00% per annum, paid only if on each observation date the Arista stock closing level is at or above a coupon barrier level equal to 50% of the initial level. The downside threshold is also 50% of the initial level; if the final level is below this threshold and the notes are not called, principal is reduced 1% for every 1% decline in the stock from the initial level, potentially to zero.
The securities are callable in whole on specified redemption dates starting February 19, 2027, based solely on a risk neutral valuation model that determines whether early redemption is economically rational for the issuer, not on stock performance. The estimated value on the pricing date is approximately $978.30 per security, reflecting issuance, selling, structuring and hedging costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.
Morgan Stanley Finance LLC is offering Jump Notes with an auto-callable feature due August 23, 2033, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and pays no interest.
The notes are linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Starting with the first determination date on August 25, 2027, the notes are automatically redeemed if the index closing level is at or above 101% of the initial level, paying fixed early redemption amounts that correspond to roughly 10.50% per annum and rising from $1,105 to $1,630 per note over six annual dates. If never called, and the final index level on August 18, 2033 is above the initial level, investors receive principal plus 100% of index appreciation; otherwise, only principal is repaid.
The estimated value on the pricing date is approximately $923.30 per $1,000 note, reflecting issuance, selling, structuring and hedging costs. The notes are unsecured, not listed on any exchange, subject to Morgan Stanley’s credit risk, limited secondary market liquidity, and complex U.S. tax treatment as contingent payment debt instruments.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities with Downside Factor due September 2, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest, and is principal-at-risk unsecured debt.
The return is linked to an equally weighted basket of seven semiconductor-related stocks. If the final basket level on the August 30, 2027 observation date is at or above the 80% buffer level, holders receive $1,000 plus an upside payment of at least $169.40 (at least 16.94%). If the final level falls below the buffer, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment at maturity, so the entire investment can be lost.
The issue price is $1,000 per security, including up to $10 in placement fees, while the estimated value on the pricing date is approximately $983. The notes are subject to Morgan Stanley’s credit risk, may have limited or no secondary market liquidity, and involve complex U.S. federal income tax treatment, expected to be as prepaid financial contracts under current counsel’s opinion.
Morgan Stanley Finance LLC is issuing Market Linked Securities with contingent fixed return and contingent downside principal at risk, linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on August 19, 2027 and fully and unconditionally guaranteed by Morgan Stanley. The aggregate face amount is $600,000, with a face amount of $1,000 per security. If, on the calculation day, the lowest performing index is at or above its threshold level (79% of its starting level), investors receive $1,000 plus a contingent fixed return of 13.35% ($133.50). If the lowest performing index ends below its threshold level, the maturity amount is $1,000 plus $1,000 times that index’s return, so investors lose more than 21% and up to all principal. The initial estimated value is $986.10 per security, below the $1,000 price to public, reflecting issuance, selling, structuring and hedging costs borne by investors. The securities pay no interest, offer no participation beyond the fixed return, are subject to Morgan Stanley’s credit risk, may have limited or no secondary market, and carry complex U.S. tax treatment.