MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC priced a primary offering of Market Linked Principal-at-Risk securities with a total public offering price of $3,699,000 and a face amount of $1,000 per security. The securities mature on July 6, 2029 and carry a 500% participation rate in the positive performance of the lowest performing underlying stock, an automatic call feature with a call payment equal to a $1,450 per security (a 45% call premium) on July 6, 2027, and an estimated value at issuance of $927.70 per security. The offering lists starting prices of $200.09 for NVIDIA, $357.37 for Alphabet class A and $1,154.29 for Micron, and discloses per-security agent compensation of $25.75 and proceeds to the issuer of $3,603,750.75.

The securities are principal-at-risk: if not called they pay at maturity based on the performance of the lowest performing underlying stock subject to a threshold price equal to 50% of each starting price; declines below the threshold expose holders to losses greater than 50%, potentially to zero. All payments are subject to the issuer and guarantor credit risk and the estimate of value reflects issuance, structuring and hedging costs borne by investors.

Morgan Stanley Finance LLC is offering Buffered PLUS principal-at-risk securities due July 3, 2031 that are unsecured obligations of MSFL and fully and unconditionally guaranteed by Morgan Stanley. The securities have a stated principal amount of $1,000 per security and aggregate principal of $1,167,000, an estimated value of $974.00 on the pricing date, and an original issue date of July 6, 2026.

Payoff is tied to the S&P 500® Futures Excess Return Index with an initial level of 600.73, a leverage factor of 180% for upside, and a 70% buffer (buffer level 420.511). At maturity investors may receive the stated principal plus leveraged upside if the final level exceeds the initial level, principal only if the final level is between the buffer and initial levels, or a reduced payment for declines beyond the buffer, subject to a 30% minimum payment. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced a contingent income, principal-at-risk note linked to the worst performing of the EURO STOXX 50®, Russell 2000® and S&P 500®, with a stated principal amount of $1,000 per security and an aggregate offering of $710,000. The notes carry a contingent annual coupon of 7.75% payable only if each underlier meets its coupon barrier on observation dates, an automatic early redemption feature tied to call thresholds equal to initial levels, and a downside threshold at 60% of initial levels that can cause full or partial loss of principal at maturity. The estimated value on pricing date was $984.30 per security; all payments are subject to MSFL and Morgan Stanley credit risk.

Morgan Stanley Finance LLC is offering Enhanced Trigger Jump Securities, unsecured notes due November 4, 2027, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays a fixed $136.50 upside payment at maturity only if the final closing values of both the Russell 2000® and the S&P 500® are at least 80% of their respective initial index values. If either index finishes below its 80 downside threshold, the maturity payment is $1,000 × (final/initial) of the worst performing index, which can produce losses greater than 20 and may result in a total loss of principal. The pricing date was June 30, 2026, original issue date July 6, 2026, aggregate principal amount $9,768,000, and the underwriter-estimated value on the pricing date was $974.50 per security.

Morgan Stanley Finance LLC is offering structured, principal-at-risk notes called Buffered Jump Securities with an auto-callable feature, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and may automatically redeem on the first determination date for an $1,139 early redemption payment if the underlier meets the call threshold.

If not called, final payout depends on the S&P 500® Futures Excess Return Index performance: investors receive principal plus upside at a 125% participation rate if the final level exceeds the initial level; if the final level is ≥ the 85% buffer of the initial level, investors receive the principal; if below the buffer, losses accrue 1% per 1% below the buffer, subject to a 15% minimum payment.

Morgan Stanley Finance LLC is offering structured contingent-income, auto-callable notes due July 13, 2029 that are fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an original issue price of $1,000. The securities pay a contingent coupon at an annual rate of 8.20% on coupon payment dates only if the closing level of each underlier meets or exceeds its coupon barrier level on the related observation date. The securities reference three underliers (EURO STOXX 50, Russell 2000 and the State Street Utilities Select Sector SPDR ETF) and are linked to the worst performing underlier; coupon and principal protection depend on per-underlier barriers set at 100% (call threshold) for early redemption and 60% (coupon barrier and downside threshold) for coupon/payment tests, each measured from initial levels fixed on the strike date of July 10, 2026. The securities may automatically redeem on specified monthly redemption determination dates beginning January 11, 2027. If not redeemed and the final level of any underlier is below its downside threshold, payment at maturity will equal the stated principal multiplied by the performance factor of the worst performing underlier and could be significantly less than, or equal to, zero. All payments are subject to Morgan Stanley credit risk; the estimated value on the pricing date was approximately $980.40 per security.

Morgan Stanley Finance LLC is offering Principal at Risk auto-callable securities linked to Blackstone Inc. common stock with a stated principal amount of $1,000 per security. The securities pay a contingent coupon at an annual rate of 15.50% on observation dates when the closing level is at or above the coupon barrier (60% of the initial level). The notes can be automatically redeemed on specified redemption determination dates for the stated principal plus the contingent coupon if the closing level meets or exceeds the call threshold (100% of the initial level). If not redeemed, maturity is July 13, 2029; if the final level is below the downside threshold (60% of the initial level), payment at maturity equals the stated principal multiplied by the performance factor (final level/initial level), exposing investors to potential loss of principal, possibly to zero. All payments are subject to the issuer’s and guarantor’s credit risk. The preliminary pricing indicates an estimated value on the pricing date of approximately $965.40 per security.

Morgan Stanley Finance LLC is offering Dual Directional Trigger Jump Securities due July 23, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an upside payment of $448.10 (44.81%). The securities pay no interest and expose holders to credit risk of the issuer and guarantor.

At maturity the payoff depends on the final basket value versus an initial basket value (initial = 100) and a trigger level of 75 (75% of initial). If the basket appreciates you receive $1,000 plus the greater of (i) $1,000 × basket percent change or (ii) the upside payment. If the basket declines but is ≥ trigger, you receive a positive return equal to the absolute percentage decline (capped at 25%). If the basket declines below the trigger, you suffer a 1:1 exposure to the decline, potentially losing all principal. Pricing date: July 17, 2026; original issue date: July 23, 2026.

Morgan Stanley Finance LLC is offering structured, principal‑at‑risk notes—Enhanced Buffered Jump Securities—linked to the Nasdaq-100 Index with a $1,000 stated principal per security and an aggregate principal of $500,000. The notes pay no interest and are fully guaranteed by Morgan Stanley.

At maturity on July 15, 2027, if the Nasdaq-100 closing level on the observation date is at or above the buffer level, holders receive the stated principal plus a fixed $107.60 upside payment (10.76%). If the final level is below the buffer level (15% below the initial level), holders incur losses equal to 1.1765% of principal for each 1% decline beyond the buffer and could lose their entire investment. Estimated value on the pricing date was $986.80 per security. All payments are subject to Morgan Stanley’s credit risk.