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 offers contingent income auto-callable securities due February 23, 2029, fully guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and an annual contingent coupon of 8.00% payable only if all three underliers meet coupon barriers on observation dates.
The notes reference the worst performing of Invesco QQQ (QQQ), iShares Russell 2000 (IWM) and SPDR S&P 500 (SPY). Key strike-date levels were QQQ $603.47, IWM $264.60, SPY $684.48; coupon barrier and downside threshold levels are 60% of those initial levels. First redemption determination date is May 19, 2026. Estimated value on the pricing date was approximately $978.40 per security.
Morgan Stanley Finance LLC priced a $2,402,000 aggregate issuance of Structured Investments Buffered Participation Securities linked to the S&P 500® Index, $1,000 stated principal per security. The securities issue on February 23, 2026 and mature on August 23, 2027.
These principal‑at‑risk notes are fully and unconditionally guaranteed by Morgan Stanley. Key economic terms: participation rate 100%, buffer 10% (buffer level 6,193.179), maximum payment $1,152.50 (115.25% of principal), and a minimum payment 10% of principal. Estimated value on the pricing date was $973.70 per security. All payments are subject to issuer credit risk and dealer commissions of $15 per security.
Morgan Stanley Finance LLC is offering Principal at Risk securities linked to the Russell 2000® Index due February 25, 2028. Each security has a stated principal amount of $1,000 and an estimated value on the pricing date of approximately $985.80. At maturity holders receive either (a) principal plus appreciation up to a $1,215 maximum payment if the final level exceeds the initial level, (b) principal plus a capped positive return if the index declines but remains at or above an 80% buffer level (a 20% buffer), or (c) a reduced payment, potentially substantially below principal, if the index finishes below the buffer level; the minimum payment at maturity is 20% of principal. All payments are unsecured and subject to Morgan Stanley credit risk; the securities pay no interest.
Morgan Stanley Finance LLC prices contingent-income, principal-at-risk notes linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a $1,000 stated principal amount, a 10.25% annual contingent coupon, a 15% buffer, a 15% minimum payment at maturity, a strike/pricing date of February 25, 2026, and a maturity date of February 28, 2031.
The notes pay contingent coupons only if the underlier equals or exceeds a coupon barrier level on observation dates, can be automatically redeemed early if the underlier meets the call threshold, and expose investors to losses beyond the buffer if the final level is below the buffer.
Morgan Stanley Finance LLC priced structured, principal-at-risk notes tied to the S&P U.S. Equity Momentum 40% VT 4% Decrement Index with a strike date of February 25, 2026 and maturity on February 28, 2031. Each security has a $1,000 stated principal amount and an estimated value on the pricing date of approximately $909.10. The notes can auto‑call beginning on the first determination date March 4, 2027 if the index is at or above a call threshold (90% of the initial level), producing fixed early redemption payments that escalate across the listed determination dates up to $1,614.583. At final maturity investors receive $1,625.00 if the final level is at or above the call threshold; return of principal if final level is at or above an 85% buffer of the initial level; otherwise losses equal 1% per 1% decline beyond the 15% buffer, subject to a 15% minimum payment.
Morgan Stanley Finance LLC is offering structured, principal‑at‑risk buffered jump securities due February 28, 2031 linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a $1,000 stated principal amount and an estimated value on the pricing date of approximately $910.20.
The notes can auto‑redeem on periodic determination dates beginning March 4, 2027 for fixed early redemption payments that imply ~17.25% per annum. If not redeemed, maturity payoffs are: $1,862.50 if the final level ≥ call threshold (100% of initial), $1,000 if final level ≥ buffer (85% of initial), or a reduced payment down to a minimum of 15% of principal if the final level is below the buffer.
Morgan Stanley filed its annual report for the year ended December 31, 2025, describing a global financial services firm operating through Institutional Securities, Wealth Management and Investment Management segments.
The report notes extensive U.S. and non-U.S. regulation, including Federal Reserve consolidated supervision as a financial holding company, Basel III-based capital and liquidity rules, Volcker Rule limits, and detailed resolution and recovery planning.
Key risks highlighted include market volatility, credit losses, liquidity and funding pressures, operational and cybersecurity threats, legal and regulatory exposure, and intense competition from traditional financial institutions and technology-driven entrants. As of June 30, 2025, non-affiliate common equity market value was approximately $217,968,854,713, and as of January 31, 2026, there were 1,587,860,206 common shares outstanding.
The firm emphasizes human capital, reporting approximately 83 thousand employees across 42 countries, a 2025 engagement survey showing 93% are proud to work at Morgan Stanley, and 2025 compensation and benefits expense of $29,216 million, alongside detailed governance, compliance and financial-crimes programs.
Morgan Stanley Finance LLC is offering principal-at-risk, market-linked notes guaranteed by Morgan Stanley with an approximately eighteen-month term. Each unit has a $10.00 principal amount and provides a Digital Payment of 10.00% to 15.00% (illustrated as $1.00 to $1.50) if the S&P 500® Index Ending Value is less than or equal to the Starting Value. If the Index increases but stays at or below 115.00% of the Starting Value, you receive the Index appreciation up to 15.00%. If the Index rises above 115.00%, the principal is exposed 1-for-1 to increases above that threshold, subject to a $1.50 Minimum Redemption Amount. The initial estimated value on the pricing date is approximately $9.73 per unit and the public offering price is $10.00; payments are subject to the credit risk of MSFL and Morgan Stanley, and there is limited secondary market liquidity.
Morgan Stanley Finance LLC offers structured Enhanced Buffered Jump Securities fully guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and pays a fixed $96 upside payment (9.60%) at maturity if the worst performing underlier is >= its 25% buffer. If the worst performing underlier finishes below its buffer, investors lose 1.3333% of principal for each 1% decline beyond the buffer; there is no minimum payment and the investment could be worth zero. The underliers are the RTYFPE Index (Russell 2000 Futures Excess Return), the XLV Fund and the XLU Fund. The strike date is February 26, 2026, original issue date March 3, 2026, observation date April 30, 2027 and maturity May 5, 2027. All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering contingent income auto-callable securities linked to the common stock of Iron Mountain Incorporated. Each note has a $1,000 stated principal amount, a contingent annual coupon of 15.60%, a strike/pricing date of February 27, 2026, original issue date March 4, 2026, and maturity on April 1, 2027.
The notes pay the contingent coupon only if the underlier's closing level at each observation date meets or exceeds a coupon barrier equal to 70.51% of the initial level. The securities are automatically redeemed if the underlier meets or exceeds a call threshold equal to 100% of the initial level on any redemption determination date. At maturity, if the final level is below the downside threshold of 70.51% of the initial level, principal is reduced pro rata (payment = principal × final level / initial level), and investors may lose a substantial portion or all of their principal. The estimated value on the pricing date was approximately $978.40 per security; the notes are principal-at-risk and are fully and unconditionally guaranteed by Morgan Stanley.