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 callable, principal‑at‑risk structured notes due March 1, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, a contingent annual coupon of 18.00%, a 25% buffer and a downside factor of 1.3333. The notes reference the worst performing common stock of Blackstone Inc. (initial level $116.41) and KKR & Co. Inc. (initial level $95.72), with coupon barrier levels at approximately 75% of initial levels ($87.308 for BX and $71.79 for KKR). The securities are callable beginning November 30, 2026, subject to a risk‑neutral valuation model determination, and all payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC priced a $1,275,000 offering of market‑linked, principal‑at‑risk securities fully guaranteed by Morgan Stanley. The securities pay at maturity on March 5, 2027 and are linked to the lowest performing of the EURO STOXX 50® Index, XLK, XLE and XLV.
The securities have a 300% participation rate, a 20% buffer (80% threshold) and a face amount of $1,000 per security; estimated value on the pricing date was $947.70 per security. Purchasers bear issuer credit risk, issuance and hedging costs and may lose up to 80% of principal if the lowest performing underlying falls below its threshold.
Morgan Stanley Finance LLC is offering callable, principal‑at‑risk notes due February 28, 2028 linked to the worst performing of three underliers: the Nasdaq‑100 Technology Sector, the Russell 2000 and the State Street Utilities Select Sector SPDR ETF. Each security has a $1,000 stated principal amount and the aggregate offering is $1,000,000.
The securities pay a contingent coupon at an annual rate of 10.25% only if, on each observation date, the closing level of every underlier is at or above its coupon barrier (70% of initial). A buffer of 20% (buffer level = 80% of initial) protects investors from losses up to that amount; below the buffer, investors lose 1% for each 1% decline in the worst performing underlier, subject to a 20% minimum payment at maturity. The issuer may redeem beginning May 29, 2026 based on a risk‑neutral valuation model. All payments are subject to Morgan Stanley's credit risk.
Morgan Stanley Finance LLC priced Principal at Risk securities linked to the worst performing of the S&P 500®, Nasdaq-100® and Russell 2000®. The issue totals an aggregate principal amount of $3,873,000 at a stated principal amount of $1,000 per security and an upside payment of $111.50 (11.15%).
At maturity on April 1, 2027, if every underlier’s final level is at or above its 70% downside threshold, holders receive principal plus the upside payment; if any underlier falls below its 70% threshold, the payment equals principal times the worst performing underlier’s performance factor, with no minimum payment.
Morgan Stanley Finance LLC priced principal-at-risk, auto-callable securities linked to the worst-performing share of Colgate-Palmolive, Estée Lauder and Procter & Gamble. Each note has a $1,000 stated principal and was issued at $1,000 with an estimated value of $926.30 on the pricing date. The notes pay no interest, carry credit risk of Morgan Stanley, and can be automatically redeemed on the first determination date if all underliers meet their call thresholds.
Key economics: participation rate 300% for upside; early redemption payment $1,450 on early redemption date (March 1, 2027); final maturity February 28, 2029. Downside: a downside threshold at 55% of each initial level and a 1:1 loss at maturity for declines below that threshold; payment could be significantly less than principal or zero.
Morgan Stanley Finance LLC priced a $2,634,000 offering of Principal at Risk, auto-callable Jump Securities fully and unconditionally guaranteed by Morgan Stanley. The securities were issued at an issue price of $1,000 per security with an estimated value of $946 on the pricing date.
The notes pay no interest, mature on February 27, 2031, and are linked to the worst performing of the S&P 500® and the Dow Jones Industrial Average. Automatic early redemption begins on the first determination date February 25, 2027, with two example early redemption payments shown: $1,092 (Mar 2, 2027) and $1,184 (Feb 28, 2028). Initial levels equal the call thresholds and downside thresholds equal 70% of initial levels; losses occur if the worst performing underlier falls below those thresholds.
Morgan Stanley Finance LLC (guaranteed by Morgan Stanley) offers U.S. dollar-denominated, leveraged buffered S&P 500® index-linked notes (each $1,000 Face Amount) with no interest and a maturity expected about 23 to 26 months after the trade date, subject to completion.
The notes provide a 160% Upside Participation Rate, a 15.00% buffer (buffer level = 85.00% of the initial underlier level) and an expected Cap Level between 111.56% and 113.59%. The Maximum Settlement Amount is expected between $1,184.96 and $1,217.44 per $1,000 Face Amount. Estimated value on the trade date is approximately $991.30 per note. These are unsecured obligations subject to issuer credit risk and could result in loss of principal if the Final Underlier Level is below the buffer.
Morgan Stanley Finance LLC is offering $4,353,000 of Digital S&P 500® Index-Linked Notes due September 22, 2027, fully and unconditionally guaranteed by Morgan Stanley. The notes are principal‑at‑risk and pay no interest.
Payoff: for each $1,000 face amount, if the Final Underlier Level on the Determination Date is ≥ 87.50% of the Initial Underlier Level, the holder receives the Maximum Settlement Amount of $1,133.70 (113.37%). If the Final Underlier Level is < 87.50%, the Cash Settlement Amount is reduced by the disclosed formula and holders may lose some or all principal. Trade Date is February 23, 2026; estimated value on the Trade Date is $992.90 per note.
Morgan Stanley Finance LLC is offering Principal at Risk securities due February 25, 2028 linked to the Russell 2000® Index. The stated principal amount is $1,000 per security with an aggregate offering of $500,000.
At maturity the payout depends on the index: upside is capped at $1,215 per security (121.50%); an absolute return participation and a 20% buffer apply to limited downside ranges; if final level is below the buffer, investors lose 1% for each 1% decline beyond the buffer, subject to a minimum payment of 20% of principal. Payments are unsecured, guaranteed by Morgan Stanley and subject to credit risk. The issue price is $1,000 with an estimated value on the pricing date of $985.90.
Morgan Stanley Finance LLC offers Principal at Risk Securities tied to the worst performing of the Nasdaq-100 Technology Sector, Russell 2000 and S&P 500. The securities are $1,000 each, aggregate $250,000, with a 10.60% annual contingent coupon and maturity on February 23, 2029.
Coupons are paid only if all three underliers meet 70% coupon barriers on observation dates; downside thresholds are 60%. A call may occur beginning May 26, 2026 if a risk‑neutral valuation model indicates redemption is economically rational. Principal is at risk: if the worst performing underlier finishes below its 60% threshold, investors lose pro rata principal.