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, fully guaranteed by Morgan Stanley, is issuing principal-at-risk Jump Securities linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index, maturing on August 12, 2031, with an issue price of $1,000 per security and aggregate principal of $113,000.
The notes feature a single automatic early redemption on August 16, 2027 for $1,265 per security if the index closes at or above the call threshold of 3,246.462 (90% of the initial level of 3,607.18) on August 11, 2027. If not called, at maturity investors receive upside exposure of 335% of any index gain; full principal back if the final level is between the initial level and the downside threshold of 1,803.59 (50% of initial); and a 1:1 loss with the index below that level, potentially down to zero.
The estimated value on the pricing date is $944.10 per security, below the issue price due to embedded costs. The securities pay no interest, are unsecured and unsubordinated, and carry Morgan Stanley credit risk. The underlier is a relatively new, leveraged, volatility-targeting futures-based index with a 4% per annum decrement, and the tax treatment and future regulatory changes present additional uncertainty.
Morgan Stanley Finance LLC is offering $35,539,000 of Digital S&P 500® Index-Linked Notes due February 9, 2028, fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest and are unsecured, principal-at-risk obligations linked to the S&P 500® Index.
For each $1,000 note, if the S&P 500® final level on the February 7, 2028 determination date is at least 87.50% of the initial level of 7,709.96, investors receive a fixed Maximum Settlement Amount of $1,139 (113.90% of face). If the index declines by more than 12.50%, the payoff is $1,000 plus 1.1429 times the amount the index return falls below -12.50%, exposing holders to losses up to a total loss of principal.
The estimated value on the trade date is $997.70 per $1,000 note, reflecting issuing, structuring and hedging costs. The notes are not listed, have no redemption feature, and secondary market liquidity depends on Morgan Stanley & Co. LLC, which is not obligated to make a market.
Morgan Stanley Finance LLC is offering principal-at-risk Jump Securities with an auto-callable feature due August 19, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount and issue price of $1,000 and pays no periodic interest.
The notes are linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. On quarterly determination dates starting August 17, 2027, if the index closing level is at or above the call threshold of 100% of the initial level, the notes are automatically redeemed for a fixed early redemption payment that increases over time, corresponding to an annualized return of about 21.25%.
If not called, at maturity investors receive $2,062.50 per $1,000 if the final index level is at or above the call threshold, the stated principal amount if the final level is between the call threshold and the 50% downside threshold, and a loss of 1% of principal for each 1% index decline below the downside threshold. The payment can be significantly less than principal and may be zero.
The estimated value on the pricing date is approximately $904.60 per security, below the $1,000 issue price, reflecting issuance, selling, structuring and hedging costs and the issuer’s funding rate. All payments depend on the credit of Morgan Stanley Finance LLC and Morgan Stanley, and the notes are expected to have limited or no liquidity in secondary trading.
Morgan Stanley Finance LLC is offering fixed-income auto-callable securities due August 19, 2031, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security and principal at risk. The notes pay a fixed coupon of 8.35% per annum, regardless of the underlier’s performance, until they are redeemed or mature.
The securities are linked to the S&P U.S. Equity Momentum 40% VT 4% Decrement Index. Beginning August 16, 2027, if on any redemption determination date the index closes at or above 100% of the initial level, the notes are automatically redeemed for $1,000 plus the coupon, and no further payments are made. If held to maturity and the final index level is at or above 60% of the initial level, investors receive $1,000 plus the final coupon. If the final level is below 60%, the repayment of principal is reduced 1% for every 1% index decline, and the payment can fall to zero.
The original issue price is $1,000, while the estimated value on the pricing date is approximately $920 per security, reflecting issuing, selling, structuring and hedging costs. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, may be illiquid, and involve complex tax and index strategy risks.
Morgan Stanley Finance LLC is offering Buffered PLUS with Downside Factor notes, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security and an aggregate principal amount of $4,638,000. The notes mature on February 11, 2031 and pay no interest.
The return is based on the worst performing of the iShares S&P 500 Growth ETF, the S&P 500 Equal Weight Index and the S&P 500 Index. If the worst underlier finishes above its initial level, investors receive principal plus 167% of its positive return. If it finishes between its initial level and the 25% buffer (down to 75% of initial), investors receive only principal. Below the buffer, investors lose about 1.3333% of principal for each 1% additional decline in the worst underlier, with no minimum repayment, so the entire investment can be lost. The estimated value on the pricing date is $983 per $1,000 note, reflecting issuance, structuring and hedging costs.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due August 15, 2031, fully and unconditionally guaranteed by Morgan Stanley, linked to the worst performer of the EURO STOXX 50®, Nasdaq-100 Index® and Russell 2000®. Each security has a stated principal amount of $1,000 and pays a contingent coupon at 11.10% per annum only if, on the relevant observation date, all three indices close at or above their coupon barrier levels, set at 70% of their initial levels.
Beginning November 17, 2026, the notes are callable in whole on specified quarterly redemption dates, but only if a risk neutral valuation model indicates it is economically rational for the issuer to redeem. If called, investors receive $1,000 plus any due coupon, with no further payments.
If not redeemed and on the final observation date each index is at or above its downside threshold level, set at 60% of its initial level, investors receive $1,000 plus any final coupon. If any index finishes below its downside threshold, the maturity payment equals $1,000 multiplied by the worst-performing index’s performance factor, exposing investors to a 1% loss of principal for each 1% decline, potentially to zero. The estimated value on the pricing date is approximately $980.50 per security, and all payments are subject to the credit risk of MSFL and Morgan Stanley.
Morgan Stanley Finance LLC is offering market-linked notes due August 11, 2031, linked to the performance of the iShares Silver Trust (SLV), fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and pays no periodic interest.
At maturity, investors receive $1,000 plus an upside payment equal to 100% of any increase in SLV from the initial level of $55.85 to the final level on August 6, 2031, capped at a maximum payment of $2,232.50 per note (223.25% of principal). If the final level is equal to or below the initial level, only principal is repaid.
The total offering size is $3,000,000 at an issue price of $1,000 per note, including a $33.50 per-note sales commission, with an estimated value of $956.50 per note on the pricing date. The notes are unsecured, not listed on any exchange, subject to Morgan Stanley’s credit risk, and may trade at a substantial discount before maturity. For U.S. tax purposes, they are expected to be treated as contingent payment debt instruments, requiring annual accrual of taxable interest income.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, offers market-linked, auto-callable principal-at-risk securities tied to the lowest performing of Lam Research and Marvell Technology common stocks, maturing on August 23, 2029 with a face amount of $1,000 per security.
If on the August 24, 2027 call date both stocks close at or above 70% of their starting prices, the notes are automatically called for a $1,400 payment per security, a 40% return, with no further upside. If not called, at maturity investors receive: leveraged upside of at least 345% of the positive return of the lowest performer, full principal back if that stock finishes between 50% and 100% of its start, or a one-for-one loss below 50%, potentially losing most or all of principal.
The initial estimated value is about $925.30 per $1,000 note, reflecting embedded issuing, selling, structuring and hedging costs; the public offering price is $1,000, with agent commissions of $25.75 and issuer proceeds of $974.25 per security. The notes pay no interest, offer no dividends, carry Morgan Stanley credit risk, may have limited or no secondary market, and feature complex tax and structural risks.
Morgan Stanley Finance LLC is issuing principal-at-risk contingent income auto-callable securities due August 9, 2029, linked to the common stock of Western Digital Corporation, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and issue price, with an aggregate principal amount of $586,000.
Investors may receive a contingent coupon at 39.75% per annum, payable only if Western Digital’s closing level on an observation date is at or above the coupon barrier level of $225.76 (50% of the initial level). The notes are auto-callable on specified redemption determination dates if the stock closes at or above the call threshold level of $451.52 (100% of the initial level), in which case investors receive principal plus the applicable coupon and no further payments.
If not called, at maturity investors receive principal back only if the final level is at or above the downside threshold level of $225.76. Below this level, repayment is reduced in proportion to the decline in the underlier, potentially to zero. The estimated value on the pricing date is $980 per security, and all payments are subject to Morgan Stanley’s and MSFL’s credit risk.
Morgan Stanley Finance LLC is offering Enhanced Trigger Jump Securities linked to the ordinary shares of ASML Holding N.V., fully and unconditionally guaranteed by Morgan Stanley. These are principal-at-risk, unsecured notes that pay no interest and do not guarantee any return of principal.
Each security has a $1,000 stated principal amount and issue price, with an aggregate principal amount of $1,000,000. At maturity on September 10, 2027, if ASML’s final level on the observation date is at or above the downside threshold level of $1,271.1687 (75% of the $1,694.8916 initial level), investors receive $1,000 plus a fixed upside payment of $334.10, regardless of how much the stock has appreciated above the threshold.
If the final level is below the downside threshold, the maturity payment equals $1,000 multiplied by the performance factor (final level divided by initial level), resulting in a 1% loss of principal for each 1% decline in the underlier, with no minimum payment and potential for a total loss. The estimated value on the pricing date is $981.80 per security, lower than the issue price due to issuing, selling, structuring and hedging costs, and secondary market liquidity may be limited.