MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC is issuing Trigger PLUS securities due July 6, 2029, fully guaranteed by Morgan Stanley. Each $1,000 security links to the worst performing of the Nasdaq-100® Technology Sector, Russell 2000® and S&P 500® indices and pays either principal plus a leveraged upside, principal only, or a loss tied to the worst performing underlier.

The leverage factor is 170%, the downside threshold is 70% of each index initial level, the estimated value on pricing was $962.50 and the aggregate principal amount offered is $373,000. All payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC is offering market-linked notes due July 5, 2030, fully and unconditionally guaranteed by Morgan Stanley, linked to the worst performing of the EURO STOXX 50® and Russell 2000® indices. The notes have a stated principal amount of $1,000 per note and aggregate principal of $100,000. They pay no interest; at maturity investors receive principal plus an upside payment equal to the stated principal × a participation rate of 136% × the percentage change of the worst performing underlier, provided that the final level of each underlier is greater than its initial level. If the final level of either underlier is equal to or less than its initial level, investors receive only the stated principal. The observation date is July 1, 2030 (subject to postponement); the estimated value on the pricing date was $970.10 per note. All payments are subject to issuer credit risk; the notes are unsecured and will not be listed.

Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due July 13, 2029, linked to Micron Technology, Inc. common stock. Each security has a stated principal amount of $1,000 and an annual contingent coupon rate of 27.20% (approximately $68 per quarter) paid only if the underlying closes at or above a downside threshold equal to 40% of the initial share price on a determination date. If the notes are auto‑redeemed on any of the first eleven determination dates when the underlying closes at or above the initial share price, holders receive principal plus accrued contingent coupons. If not called, maturity payments depend on the final share price: if the final share price is at or above the downside threshold, holders receive principal plus contingent coupons; if below, holders receive principal multiplied by the share performance factor and may lose a substantial portion or all of principal. 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 structured, principal‑at‑risk notes linked to the worst performing of the EURO STOXX 50® and S&P 500® Index with a $1,000 stated principal amount per security and an aggregate principal amount of $14,133,000. The notes pay a contingent coupon at an annual rate of 9.16% on coupon dates only if both underliers are at or above their coupon barrier levels on observation dates. The notes are automatically redeemable early if both underliers meet their call threshold on a redemption determination date; otherwise at maturity investors either receive principal or a principal amount reduced in proportion to the worst performing underlier, exposing holders to potential loss of principal. All payments are subject to MSFL's credit risk and guaranteed by Morgan Stanley.

The pricing supplement describes a $132,000 aggregate offering of Dual Directional Trigger PLUS securities issued by Morgan Stanley Finance LLC and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, a 140% leverage factor, a 50% absolute return participation rate and a 70% downside threshold. Payment at maturity depends on the worst performing of the Nasdaq-100 Technology Sector Index and the Russell 2000 Index on the observation date; outcomes range from leveraged upside to full loss of principal if the worst performing underlier closes below its downside threshold. The estimated value on the pricing date is $956.90 per security and all payments are subject to the issuer’s and guarantor’s credit risk.

Morgan Stanley Finance LLC issues a callable contingent income security linked to the worst performing of the S&P 500® Index, the XLRE Fund and the XLK Fund. Each security has a $1,000 stated principal amount and pays a contingent coupon of 10.75% per annum on each coupon date only if the closing level of every underlier is at or above its coupon barrier level on the related observation date. The securities mature on July 6, 2029, are callable beginning July 6, 2027 based on the output of a risk neutral valuation model, and are fully and unconditionally guaranteed by Morgan Stanley. If any underlier’s final level is below its downside threshold (60% of its initial level), the maturity payment will be the stated principal multiplied by the performance factor of the worst performing underlier and could result in a substantial loss of principal. All payments are subject to Morgan Stanley’s credit risk.

Morgan Stanley Finance LLC is offering Dual Directional Trigger PLUS notes due July 3, 2031 linked to the S&P 500® Futures Excess Return Index. The securities have a $1,000 stated principal amount per security, an initial level of 600.73 (strike date June 30, 2026) and an observation date of June 30, 2031.

At maturity investors receive (a) the stated principal plus 188% of appreciation if the final level > initial level; (b) the stated principal plus a positive return equal to the absolute decline multiplied by a 50% participation rate if the final level is between the downside threshold (360.438, 60% of initial) and the initial level; or (c) a pro rata principal loss equal to the performance factor if the final level is below the downside threshold, potentially resulting in total loss of principal. The estimated value on pricing date was $965.30 per security.

Morgan Stanley Finance LLC priced a structured, principal‑at‑risk note tied to the S&P 500® Futures Excess Return Index with a $1,000 stated principal per security and an aggregate principal amount of $184,000. The securities pay no interest, offer a fixed $380 upside payment (38%) at maturity if the final index level is at or above the downside threshold, and otherwise deliver an amount equal to the stated principal multiplied by the index performance factor; there is no minimum payment and investors may lose their entire principal. The strike/ pricing date is June 30, 2026, the observation date is July 1, 2030 (subject to postponements), and the maturity date is July 5, 2030. These unsecured obligations of MSFL are fully and unconditionally guaranteed by Morgan Stanley and are subject to issuer credit risk and other risks described in the supplement.

Morgan Stanley Finance LLC is offering principal‑at‑risk, dual‑underlier notes due July 3, 2031 fully and unconditionally guaranteed by Morgan Stanley. The securities return depends on the worst performing of the Russell 2000 and the S&P 500, with upside, absolute‑return and downside loss features.

The stated principal amount is $1,000 per security, issue price $1,000, estimated value on the pricing date $956.50, aggregate principal $656,000. Upside payment is $450 (45%) and the absolute return participation rate is 100%. If either underlier closes below 75% of its initial level the securities suffer proportional principal losses.