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 issuing Dual Directional Buffered PLUS notes linked to the S&P 500® Equal Weight Index, with an aggregate principal amount of $1,335,000 and a $1,000 denomination, maturing on May 6, 2027. The notes pay no interest and offer 125% upside participation when the index rises, capped at a maximum payment of $1,107.50 per security. If the index falls but not more than 5%, investors can earn up to a 5% positive return via an absolute-return feature. If the index declines more than 5%, principal is lost 1% for each additional 1% drop, subject to a minimum payment of 5% of principal, and all payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is $967.40 per security, below the $1,000 issue price due to embedded costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is issuing $1,000,000 of contingent income, memory, buffered auto-callable securities linked to Amazon.com, Inc. common stock, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 principal amount and an estimated value of $972 on the pricing date.
The notes pay a contingent coupon at an annual rate of 10.70%, but only when Amazon’s closing price on an observation date is at or above the coupon barrier of $190.896 (80% of the $238.62 initial level). Missed coupons can be “remembered” and paid later if the barrier is met.
The securities may be automatically redeemed quarterly starting May 2026 if Amazon’s price is at or above the $238.62 call threshold, returning principal plus due coupons. At maturity in February 2029, principal is fully repaid only if the final level is at or above the 80% buffer; below that, losses increase at 1.25% for each 1% drop beyond the buffer, with no minimum payment. All payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $823,000 of Contingent Income Auto-Callable Securities linked to Hewlett Packard Enterprise common stock, each with a $1,000 stated principal amount and an issue price of $1,000 per security.
The securities pay a 13.50% per annum contingent coupon only when the underlier’s closing level on an observation date is at or above the $13.068 coupon barrier level, which is 60% of the $21.78 initial level. They may be automatically redeemed on specified dates if the underlier is at or above the $21.78 call threshold level, returning principal plus the applicable coupon.
If not redeemed early and the final level on February 3, 2028 is at or above the $13.068 downside threshold level, investors receive principal back (plus any final coupon). If the final level is below this threshold, repayment is reduced in full proportion to the decline, and the maturity payment can fall to zero. The estimated value on the pricing date is $959.80 per security, reflecting issuance, structuring and hedging costs, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $1,253,000 of Dual Directional Jump Securities with an auto-call feature linked to the worst performer of Microsoft, Apple and NVIDIA common stocks. Each security has a $1,000 stated principal amount and is a principal-at-risk note.
The notes may be automatically redeemed on February 9, 2027 for $1,370 per security if each stock closes at or above its initial level on the February 4, 2027 determination date. If held to the February 8, 2029 maturity, investors can receive 300% of the gain of the worst-performing stock when all finish above their initial levels, or up to a 40% positive "absolute return" if all stay at or above 60% of initial. If any stock finishes below its 60% downside threshold, repayment is reduced one-for-one with the worst performer and can fall to zero. The issue price is $1,000 per security, while the estimated value on the pricing date is $937.20, and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC is issuing $3,833,000 of principal-at-risk structured notes, fully and unconditionally guaranteed by Morgan Stanley, at $1,000 per security. The notes run to August 6, 2027 and are linked to the worst performer of three ETFs: State Street Energy Select Sector SPDR (XLE), State Street Technology Select Sector SPDR (XLK) and VanEck Semiconductor ETF (SMH).
Investors may receive a 10.15% annual contingent coupon, paid only when on an observation date all three ETFs close at or above their coupon barrier, set at 50% of each initial level. The issuer can call the notes on scheduled redemption dates if a risk-neutral valuation model indicates early redemption is economically rational for Morgan Stanley; if called, investors receive principal plus any due coupon, and no further payments.
If not called, and at maturity each ETF is at or above its downside threshold (also 50% of its initial level), investors receive full principal plus any final coupon. If any ETF finishes below its threshold, principal is reduced 1% for each 1% decline in the worst-performing ETF, potentially to zero. The notes are unsecured, not listed on an exchange, subject to Morgan Stanley’s credit risk, and have an estimated value on the pricing date of $980.80 per $1,000 note.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $500,000 of Enhanced Trigger Jump Securities maturing on February 8, 2028, at $1,000 per security. These notes pay no interest and are linked to the worst performer of the S&P 500, Nasdaq-100 and Russell 2000 indexes.
If the final level of each index is at or above 60% of its initial level, investors receive $1,000 plus a fixed $165 upside payment, a 16.50% return, regardless of further index gains. If any index finishes below its downside threshold, repayment is reduced 1% for every 1% decline in the worst-performing index and may fall to zero.
The securities are unsecured, subject to Morgan Stanley’s credit risk, not listed on any exchange and have an estimated value on the pricing date of $987.50 per security, below the issue price due to issuance, structuring and hedging costs.
Morgan Stanley Finance LLC is issuing $360,000 of structured “Buffered Jump Securities with Auto-Callable Feature” linked to the worst performer of the VanEck Gold Miners ETF (GDX) and the State Street SPDR S&P Metals & Mining ETF (XME). Each security has a $1,000 stated principal amount, no periodic interest, and is fully and unconditionally guaranteed by Morgan Stanley, with principal at risk.
The notes can be automatically redeemed quarterly starting August 3, 2026 if both ETFs close at or above their call thresholds, paying early redemption amounts that target roughly a 9% per annum return, up to $1,240 by October 2028. If not called, maturity payment depends on final ETF levels: $1,247.50 per security if both are at or above their call thresholds, only principal back if both stay above a 20% buffer, and a loss of 1% of principal for each 1% decline of the worst-performing ETF beyond that buffer, subject to a minimum payment of 20% of principal.
The initial levels are $98.22 for GDX and $124.58 for XME, with 90% call thresholds and 80% buffer levels. The estimated value on the pricing date is $942 per security, below the $1,000 issue price due to structuring, distribution and hedging costs and the issuer’s internal funding rate. The securities are unsecured, not listed, and expose investors to Morgan Stanley’s credit risk as well as sector-specific risks in gold, silver, metals and mining.
Morgan Stanley Finance LLC is issuing $4,010,000 of Buffered Jump Securities with an auto-callable feature, each with a $1,000 principal amount, linked to the worst performer among the Russell 2000® Index, EURO STOXX 50® Index and iShares® MSCI Emerging Markets ETF, and fully guaranteed by Morgan Stanley.
The notes pay no interest and may be automatically redeemed on February 10, 2027 for $1,181 per security if each underlier is at or above its initial level on the February 5, 2027 determination date. If held to February 8, 2029 and all final underlier levels exceed their initial levels, investors receive principal plus a 300% participation in the gain of the worst underlier; if any underlier finishes between 80% and 100% of its initial level, only principal is repaid.
If any final underlier level is below 80% of its initial level, principal is reduced 1% for each 1% drop in the worst underlier beyond the 20% buffer, but not below 20% of principal. The estimated value on the pricing date is $983.20 per security, below the $1,000 issue price, and returns depend on Morgan Stanley’s credit and limited secondary market liquidity.
Morgan Stanley Finance LLC is offering $438,000 of Trigger Jump Securities linked to the worst performer of the S&P 500, EURO STOXX 50 and Russell 2000 indexes, fully and unconditionally guaranteed by Morgan Stanley.
The notes pay no interest and do not guarantee a return of principal. At maturity in February 2028, investors get $1,000 plus at least a 34.10% upside payment per security if all indexes finish at or above their initial levels, or principal back if the worst index stays at or above 70% of its initial level. If any index ends below its 70% downside threshold, repayment is reduced 1% for each 1% decline in the worst index, potentially to zero.
Morgan Stanley Finance LLC is offering contingent income buffered auto-callable securities due August 13, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and is linked to the worst performer of three underliers: the Nasdaq-100 Technology Sector Index, the State Street SPDR S&P Regional Banking ETF and the VanEck Semiconductor ETF.
Investors can receive a 10.70% annual contingent coupon, but only when each underlier closes at or above its coupon barrier (70% of its initial level) on an observation date. The notes may be automatically redeemed if all underliers are at or above their call thresholds (100% of initial levels) on specified redemption determination dates, returning principal plus the applicable coupon.
If not called, principal is protected only down to a 15% buffer. If any underlier finishes below its buffer level at maturity, repayment is reduced 1% for each 1% decline of the worst underlier beyond the buffer, with a minimum payment of 15% of principal. The estimated value on the pricing date is expected to be approximately $958.60 per note, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. All payments are subject to the issuer’s and guarantor’s credit risk, and the securities are not listed on an exchange.