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, auto-callable securities linked to the common stock of Halliburton Company. Each security has a $1,000 stated principal amount and issue price of $1,000, with an estimated value on the pricing date of approximately $963.20.
The notes pay a contingent coupon at an annual rate of 12.15% on specified coupon payment dates only if the closing level of the underlier meets or exceeds a coupon barrier equal to 60% of the initial level. The notes are automatically redeemed early if the underlier's closing level meets or exceeds a call threshold equal to 100% of the initial level on a redemption determination date.
If not called, at maturity investors receive the stated principal if the final level is at or above the downside threshold (also 60% of the initial level); otherwise the payment equals the stated principal multiplied by the final/initial level, exposing investors to full downside (loss of principal possible). All payments are subject to the issuer and guarantor credit risk.
Morgan Stanley Finance LLC priced Principal at Risk Securities linked to the VanEck® Junior Gold Miners ETF with an aggregate principal of $715,000 and a stated principal amount of $1,000 per security. The securities mature on September 14, 2028 and pay a 21.40% annual contingent coupon only when the underlier's closing level on observation dates is at or above the coupon barrier of $94.752 (70% of the initial level). The initial level on the strike date was $135.36. If not called, investors receive principal at maturity only if the final level is at or above the downside threshold of $94.752; if below, the payment equals the stated principal multiplied by the performance factor (final level/initial level), exposing investors to loss of principal (potentially down to zero). The notes are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley. Beginning September 16, 2026, MSFL may redeem on scheduled redemption dates if a risk neutral valuation model indicates redemption is economically rational; an early call would end further payments. The estimated value on the pricing date was $957.00 per security.
Morgan Stanley Finance LLC is offering Principal at Risk Buffered Participation Securities linked to the worst performing of the Dow Jones Industrial Average, the Nasdaq-100 and the S&P 500, with a guarantee by Morgan Stanley.
The securities have a $1,000 stated principal amount per security, a 30% buffer, a 100% participation rate, a maximum payment at maturity of $1,152 (115.20% of principal) and a minimum payment at maturity of 30% of principal. The strike date is March 12, 2026, pricing date March 13, 2026, original issue date March 18, 2026, observation date April 12, 2027 and maturity date April 15, 2027. The securities pay no interest, are unsecured obligations of MSFL, and all payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC priced a structured note offering: MSFL is issuing Dual Directional Buffered Participation Securities due April 15, 2027, fully and unconditionally guaranteed by Morgan Stanley. The securities are linked to the State Street Energy Select Sector SPDR ETF (XLE) with a stated principal amount of $1,000 per security and an aggregate principal amount of $11,142,000.
Key economic terms: issue price $1,000 and estimated value on the pricing date $987.70; upside participation is 100% but capped at a maximum upside payment of $1,008 (100.80% of principal). The securities include a 28% buffer (buffer level $40.032) and a minimum payment at maturity of 28% of the stated principal. The observation date is April 12, 2027.
Morgan Stanley Finance LLC offers principal-at-risk, auto-callable notes linked to the S&P 500® Index. Each security has a stated principal amount of $1,000 and an original issue price of $1,000, with an estimated value of approximately $979.20 on the pricing date.
The notes can be automatically redeemed on the first determination date March 25, 2027 if the underlier is at or above the call threshold of 6,672.62, producing an early redemption payment of $1,122.20. If not redeemed, maturity mechanics on March 16, 2028 pay either principal plus upside (150% participation), principal only, or a principal loss proportionate to the underlier decline below the downside threshold of 5,338.096.
Morgan Stanley Finance LLC is offering principal-at-risk, contingent-income memory auto-callable securities due March 28, 2031, fully guaranteed by Morgan Stanley. The securities have a stated principal amount of $1,000 per security and an issue price of $1,000 per security. They pay a contingent coupon at an annual rate of 13.10% only if the underlier meets the coupon barrier on observation dates. The underlier is the S&P® 500 Futures 40% Intraday 4% Decrement VT Index; the coupon barrier and downside threshold are each 60% of the initial level and the call threshold is 100% of the initial level. Automatic early redemption can occur beginning on the redemption determination date of March 25, 2027. The preliminary estimated value on the pricing date is approximately $934.20 per security. Investors bear credit risk of Morgan Stanley, do not participate in index upside, and can lose some or all principal if the final level is below the downside threshold.
Morgan Stanley Finance LLC offers principal-at-risk structured notes due March 30, 2028 linked to the State Street SPDR S&P Oil & Gas Exploration & Production ETF.
Each note has a $1,000 stated principal amount, no periodic interest, a 100% upside participation rate capped at $1,250 per security, a 25% buffer (buffer level = 75% of initial level) and a 25% minimum payment at maturity.
Morgan Stanley Finance LLC offers $1,500,000 of PLUS securities linked to the VanEck® Semiconductor ETF that mature on March 17, 2027. Each security has a $1,000 stated principal amount and a 300% leverage factor on upside performance, subject to a $1,338 maximum payment per security.
At maturity, investors receive the stated principal plus leveraged upside if the final level exceeds the initial level of $397.33 (strike date March 10, 2026), subject to the cap. If the final level is below the initial level, principal falls dollar-for-dollar with the underlier (1% loss for each 1% decline), and there is no minimum payment; losses could be total. Payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley; all payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC priced a primary offering of principal-at-risk, contingent income auto-callable securities linked to United Parcel Service, Inc. Class B common stock with an aggregate principal amount of $3,626,000 ($1,000 per security). The securities pay a contingent coupon at an annual rate of 13.50% only if the underlier meets the coupon barrier on scheduled observation dates and are automatically redeemed early if the underlier meets the call threshold on redemption determination dates. The initial level was $100.80 on the strike date, the coupon barrier and downside threshold are $65.52 (65% of the initial level), the estimated value on the pricing date was $973.30 per security, and maturity is March 16, 2028. If the final level is below the downside threshold, payment at maturity is the stated principal multiplied by the performance factor and could be significantly less than the principal or zero. All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering Structured Investments — Buffered Jump Securities fully guaranteed by Morgan Stanley. The offering registers $1,500,000 aggregate principal in securities with a $1,000 stated principal and an issue price of $1,000 per security.
The securities mature on March 15, 2028 with an automatic early redemption feature tied to a first determination date of March 23, 2027. If the underlier closing level on that date is at or above 100 (the call threshold), the securities redeem at an early redemption payment of $1,235 per security. If not redeemed, payoff at maturity depends on the final level relative to the initial level (100), a buffer level of 85 (15% buffer) and a downside factor of 1.1765. The securities provide a participation rate of 150% and a stated upside payment of $470.
All payments are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley. Investors bear issuer credit risk and may lose some or all of their principal; there is no minimum payment at maturity. The estimated value on the pricing date was $966.60 per security, reflecting issuance, structuring and hedging costs.