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 Trigger PLUS principal-at-risk securities due May 11, 2027 linked to the Invesco S&P 500® Equal Weight ETF. The securities have a 200% leverage factor, a downside threshold at 90% of the initial level, and a stated principal amount of $1,000 per security. The maximum payment at maturity will be at least $1,125 per security (112.50%). Key dates: strike and pricing date March 6, 2026, original issue date March 11, 2026, observation date May 6, 2027.
The securities pay no interest, expose investors to the issuer’s and guarantor’s credit risk, and may pay less than principal at maturity if the final level is below the downside threshold; losses track the underlier on a 1:1 basis below that threshold. The estimated value on the pricing date was approximately $966.40 per security, implying issuance costs borne by purchasers.
Morgan Stanley Finance LLC offers Trigger PLUS principal-at-risk securities linked to the MSCI Emerging Markets Index with a stated principal amount of $1,000 per security. The securities have a 200% leverage factor, an observation date of May 6, 2027 and a maturity date of May 11, 2027. At maturity investors may receive the stated principal, a leveraged upside payment up to a maximum payment of at least $1,180 per security, or a principal loss proportional to any decline below a downside threshold equal to 90% of the initial level. Payments depend on the closing final level on the observation date and are subject to the issuers credit risk; the estimated value on the pricing date was approximately $966.50 per security.
Morgan Stanley Finance LLC issued a preliminary pricing supplement for principal-at-risk, auto-callable notes linked to the Russell 2000® Index. Each security has a $1,000 stated principal and an issue price of $1,000. The pricing and strike dates were March 13, 2026, original issue date March 18, 2026, with a first determination date of March 18, 2027 and a maturity date of March 18, 2031.
The notes pay no interest and expose investors to principal loss if the final index level is below the downside threshold (set at 80% of the initial level). They automatically redeem on the first determination date if the index is ≥ the call threshold (100% of the initial level) for an early redemption payment of $1,160 per security. If not redeemed, maturity payoffs include: principal plus an upside payment at a 150% participation rate if the final level is higher; principal only if final level ≥ downside threshold; or a pro rata loss if final level < downside threshold. The estimated value on the pricing date was approximately $981 per security.
Morgan Stanley Finance LLC offers principal-at-risk, contingent income auto-callable securities tied to Amazon.com, Inc. Each security has a stated principal amount of $1,000. The securities pay a contingent coupon at an annual rate of 11.40% only if the closing level of the underlying stock meets or exceeds a coupon barrier of 69% of the initial level on observation dates. The notes may be automatically redeemed on specified redemption determination dates if the underlying meets a call threshold set at 100% of the initial level; early redemption returns the stated principal plus the contingent coupon. At maturity, if not redeemed and the final level is below the downside threshold of 69% of the initial level, the payment equals the stated principal multiplied by the performance factor and could be significantly less than, or equal to, zero. All payments are subject to Morgan Stanley and MSFL credit risk. Terms include strike date March 9, 2026, original issue date March 12, 2026, final observation date April 9, 2027, and maturity date April 14, 2027.
Morgan Stanley Finance LLC offers Principal at Risk securities due March 18, 2031, linked to the EURO STOXX 50 Index. The securities have a stated principal amount of $1,000 per security and an upside payment of $550 (55% of principal).
At maturity, if the index is at or above the initial level investors receive principal plus the greater of the index percent change payment or the $550 upside payment; if the index is between the downside threshold (75% of the initial level) and the initial level, investors receive principal; if below the downside threshold investors incur losses pro rata (1% loss per 1% index decline), with no minimum payment.
Morgan Stanley Finance LLC priced principal‑at‑risk market‑linked securities linked to the lower‑performing of the VanEck Vectors® Oil Services ETF and the State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF. The securities have a face amount of $1,000, an estimated value of $962.00 on the February 23, 2026 pricing date, a participation rate of 174.00% and a maturity date of August 28, 2028. At maturity, investors receive upside equal to 174.00% of the appreciation of the lowest performing underlying, but will suffer losses (potentially all principal) if the lowest performing underlying closes below its threshold price of 85% of its starting price. All payments are subject to Morgan Stanley's credit risk and the securities do not pay interest or dividends.
Morgan Stanley Finance LLC prices Trigger PLUS principal-at-risk securities linked to the worst performing of the Russell 1000 and the S&P 500, due March 7, 2031. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $972.30.
If both underliers finish above their initial levels, holders receive principal plus a leveraged upside using a leverage factor of at least 116%. If either underlier finishes below its downside threshold of 75% of its initial level, holders lose 1 for each 1 decline in the worst performing underlier; payments could be significantly less than principal or zero. Payments are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley. All payments are subject to the issuer and guarantor credit risk.
Morgan Stanley Finance LLC is offering principal-at-risk, contingent income auto-callable securities linked to the Class A common stock of Meta Platforms, Inc. The securities are issued at a stated principal amount of $1,000 per security and an issue price of $1,000 with an estimated value on the pricing date of approximately $967.50. The notes have a strike date March 9, 2026, original issue date March 12, 2026, a final observation date April 9, 2027, and maturity on April 14, 2027.
The securities pay a contingent coupon at an annual rate of 12.12% only if the closing level of the underlier is at or above the coupon barrier (set at 69% of the initial level) on each observation date. They are callable early if the closing level is at or above the call threshold (100% of the initial level) on any redemption determination date. At maturity, if the final level is below the downside threshold (set at 69% of the initial level), investors suffer a pro rata loss equal to the underlier’s decline and could lose their entire principal. All payments are subject to Morgan Stanley and MSFL credit risk.
Morgan Stanley Finance LLC issues Trigger PLUS principal-at-risk notes totaling $579,000 aggregate principal. The securities, $1,000 each, pay no interest, mature on February 28, 2028 and reference the Nasdaq-100 and S&P 500; final payout depends on the worst performing underlier.
The securities offer a 112.50% leverage factor on upside, a downside threshold at 70% of each initial level, and an estimated value on the pricing date of $988.30 per security. If the worst performing underlier falls below its downside threshold, principal losses occur on a 1%-for-1% basis and the payment at maturity could be zero. Proceeds to the issuer are shown as $576,684 after agent commissions.
Morgan Stanley Finance LLC priced a preliminary offer of contingent income auto-callable securities due September 10, 2027, linked to the worst performing of the Nasdaq-100® Technology Sector and the Russell 2000® Index. Each security has a $1,000 stated principal amount and an issue price of $1,000. The securities pay a contingent coupon at an annual rate of 12.72% for each interest period only if both underliers meet coupon barrier tests on observation dates and can automatically redeem beginning on September 11, 2026 if both underliers meet call thresholds on redemption determination dates starting September 8, 2026.
The final observation date is September 7, 2027 with maturity on September 10, 2027. Coupon and downside barriers are set at 75% of initial levels; call thresholds are 100% of initial levels. If not redeemed and the final level of either underlier is below its downside threshold, payment at maturity equals the stated principal multiplied by the performance factor of the worst performing underlier, potentially resulting in a total loss of principal. All payments are subject to the issuer’s and guarantor’s credit risk. The estimated value on the pricing date is approximately $980.40 per security.