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 principal-at-risk Dual Directional Trigger Jump Securities linked to the worst performer among the State Street Technology Select Sector SPDR ETF, the Nasdaq-100 Index and the S&P 500 Index, maturing on February 13, 2031.
Each $1,000 note pays no interest and can deliver upside if the worst underlier finishes at or above its initial level, with at least a 50% gain via a $500 upside payment in that case. If the worst underlier declines but remains at or above 70% of its initial level, investors earn a positive return matching the absolute decline, capped at 30%. If the worst underlier finishes below its 70% downside threshold, losses match its full percentage drop and can reach 100% of principal. The notes are unsecured obligations guaranteed by Morgan Stanley, are not listed on any exchange, and had an estimated value on the pricing date of approximately $959.80 per $1,000 security.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk structured notes linked to the iShares® Expanded Tech-Software Sector ETF. The $1,000-denomination securities run to February 10, 2028 and feature an auto-call and a downside buffer.
The notes may be automatically redeemed on February 24, 2027 with an early redemption payment of at least $1,170 per security if the ETF’s level on the first determination date is at or above the call threshold. If held to maturity and the ETF rises, investors receive principal plus 125% of the ETF’s gain.
If the final ETF level is between 85% and 100% of the initial level, investors receive only principal. Below 85%, losses accelerate at 1.1765% of principal for each 1% drop beyond the 15% buffer, up to a total loss. The estimated value on the pricing date is approximately $974.60 per $1,000, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering Callable Buffered Jump Securities due February 28, 2031, linked to the S&P 500 Index and the Nasdaq-100 Index and fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and no periodic interest payments.
The notes can be redeemed early on scheduled redemption dates starting March 9, 2027 if a risk-neutral valuation model makes early redemption economically rational for the issuer. Redemption payments step up over time and correspond to an annualized return of about 11.50% if called.
If the notes are not redeemed and both final index levels exceed their initial levels, investors receive principal plus a 100% participation upside based on the worst-performing index. If either index finishes below a 70% buffer of its initial level, investors lose 1% of principal for each 1% decline beyond the 30% buffer, with a minimum payment at maturity of 30% of principal. The estimated value on the pricing date is approximately $932.70 per security, reflecting issuance, selling, structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes called Buffered Jump Securities with an auto-call feature, linked to the worst performer of the S&P 500® Index and the Russell 2000® Index. Each security has a $1,000 stated principal amount, no periodic interest, and is fully and unconditionally guaranteed by Morgan Stanley.
The notes may be automatically redeemed starting February 17, 2027 if both indices are at or above their call thresholds, paying an early redemption amount that targets approximately 8.00% per annum, up to $1,393.333 by the last call date. If not called and, at maturity in February 2031, both indices are at or above their call thresholds, investors receive $1,400 per security.
If at maturity at least one index is below its call threshold but both are at or above 85% of initial levels, investors get only the $1,000 principal. If either index finishes below the 85% buffer level, repayment is reduced 1% for each 1% decline of the worst-performing index beyond the 15% buffer, subject to a minimum payment of 15% of principal. The estimated value on the pricing date is approximately $962.10 per security, the notes are unsecured, not listed on any exchange, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering principal-at-risk contingent income auto-callable securities linked to the common stock of Tesla, Inc., fully and unconditionally guaranteed by Morgan Stanley and issued at $1,000 per security.
Investors may receive a contingent coupon at an annual rate of 17.75%, but only when Tesla’s closing price on an observation date is at or above a coupon barrier set at 60% of the initial level. The notes can be automatically redeemed on scheduled determination dates if Tesla closes at or above 100% of the initial level, paying principal plus the applicable coupon, with no further payments afterward.
If the notes are not called and Tesla’s final level on February 11, 2028 is at or above the 60% downside threshold, investors receive principal back (plus any final coupon, if payable). If the final level is below this threshold, repayment is reduced 1% for each 1% Tesla has fallen, potentially resulting in a total loss of principal.
The estimated value on the pricing date is approximately $970.90 per security, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer. All payments depend on the credit of MSFL and Morgan Stanley, the notes are unsecured, not FDIC insured, and no investor participates in any upside of Tesla beyond the contingent coupons.
Morgan Stanley Finance LLC is offering principal-at-risk "Dual Directional Jump" structured notes linked to the worst performer of the MSCI EAFE Index and the MSCI Emerging Markets Index, fully and unconditionally guaranteed by Morgan Stanley.
Each security has a $1,000 stated principal amount and is issued at $1,000, with an estimated value on the pricing date of about $984.20. The notes may be auto-called on February 16, 2027 for an early redemption payment of $1,151.50 per security if both indices are at or above 100% of their initial levels on the February 10, 2027 determination date.
If not redeemed early, at maturity on February 10, 2028 investors can receive leveraged upside with a 150% participation rate if both indices finish above their initial levels, or a capped positive return based on the absolute performance of the worst index as long as both stay at or above 80% of initial. If either index ends below its 80% downside threshold, repayment is reduced one-for-one with the worst index’s decline, and the payoff can be zero. The notes pay no coupons, are unsecured, not listed on any exchange and expose holders to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk, contingent income auto-callable securities due March 1, 2029, linked to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices.
The notes pay an 8.00% annual contingent coupon only when all three indices close at or above 70% of their initial levels on scheduled observation dates and can be automatically redeemed early if each index is at or above 100% of its initial level on specified redemption determination dates. If held to maturity and every index finishes at or above its 70% downside threshold, holders receive principal back; otherwise they lose 1% of principal for every 1% decline in the worst index, potentially losing the entire investment. The securities are unsecured, not listed, subject to Morgan Stanley’s credit risk, carry an estimated value of about $959.70 per $1,000, and have complex U.S. tax and withholding considerations.
Morgan Stanley Finance LLC is offering Enhanced Trigger Jump Securities linked to the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and exposes investors to principal loss.
At maturity on March 9, 2027, if the S&P 500® final level is at or above the downside threshold of 5,506.176 (80% of the 6,882.72 initial level), investors receive $1,000 plus a fixed $85 upside payment (8.50% return). If the final level is below the threshold, repayment is $1,000 multiplied by the performance factor (final level / initial level), so losses match the index decline and the payout can fall to zero.
The securities are unsecured, not listed on any exchange and subject to Morgan Stanley’s credit risk. The estimated value on the pricing date is approximately $983.70 per security, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Trigger PLUS structured notes linked to the EURO STOXX 50® Index, maturing on February 13, 2031. Each note has a $1,000 stated principal amount and pays no interest.
At maturity, if the index finishes above its initial level, investors receive $1,000 plus 175% of the index’s gain. If the index is at or below its initial level but not below 75% of that level, investors get back only $1,000. If the index ends below 75% of the initial level, repayment is reduced 1% for every 1% decline, with no minimum payment, so the entire investment can be lost.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and are subject to their credit risk. The estimated value on the pricing date is approximately $943.40 per $1,000 note, reflecting dealer costs and an internal funding rate that is advantageous to the issuer.
Morgan Stanley Finance LLC is offering principal-at-risk "Jump Securities" notes, fully and unconditionally guaranteed by Morgan Stanley, linked to the worst performer of the Nasdaq-100 Technology Sector Index and the Russell 2000 Index. Each security has a $1,000 stated principal amount, prices at $1,000, and is scheduled to mature on February 23, 2029, with an observation date on February 20, 2029.
The notes can be automatically called on February 26, 2027 or February 22, 2028 if each index closes at or above its 100% call threshold level, paying $1,140 or $1,280 per security, respectively, and then terminating. If not called, maturity payment depends on index performance: investors get principal plus an upside payment if both final levels exceed initial levels, only principal if both stay at or above 70% downside thresholds, and a proportional loss (down to zero) based on the worst index if either finishes below its 70% downside threshold. The participation rate on upside is 180%.
The securities pay no interest, are unsecured obligations of MSFL, and all payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is approximately $950.30 per security, reflecting issuance, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer.