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 is issuing $4,000,000,000 of Global Medium‑Term Notes, Series I, Fixed/Floating Rate Senior Notes due January 30, 2037. The notes pay a fixed interest rate of 5.073% per annum from February 2, 2026 until January 30, 2036, then switch to a floating rate based on compounded SOFR plus a 1.184% spread, with interest paid semiannually during the fixed period and quarterly during the floating period.
The notes are senior unsecured obligations, issued at 100.000% of principal, with a redemption percentage at maturity of 100%. Morgan Stanley may redeem the notes through an optional make‑whole call on or after August 6, 2026 and prior to January 30, 2036, and may also redeem (i) in whole on January 30, 2036 or (ii) in whole or in part on or after October 30, 2036 at 100% of principal plus accrued interest. Investors face SOFR‑linked rate uncertainty, potential early redemption requiring reinvestment, market value sensitivity to interest rates and credit spreads, and tax treatment as variable rate debt instruments for U.S. federal income tax purposes.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering unsecured structured notes linked to the BlackRock Adaptive U.S. Equity 5% Index, maturing March 1, 2033. The notes pay no periodic interest and are issued at $1,000 per note, with an estimated value on the pricing date of approximately $945.10 per note.
The notes feature an automatic early redemption starting February 24, 2027. If the index closes at or above preset call thresholds on a determination date, investors receive an increasing early redemption payment, targeting at least about 9.25% per annum, and the notes terminate. If held to maturity without early redemption, investors receive the $1,000 principal plus 100% of any index gain, or only $1,000 if the index is flat or lower.
All payments depend on Morgan Stanley’s credit. The notes are not listed, may have limited liquidity, and are sensitive to index performance, interest rates, volatility, and Morgan Stanley’s credit spreads. Investing is not equivalent to owning the index or any underlying ETFs.
Morgan Stanley Finance LLC is offering $4,884,000 of Contingent Income Auto-Callable Securities due February 1, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 principal amount and an estimated value on the pricing date of $970.50.
The notes pay a contingent coupon at an annual rate of 8.02%, but only if on each observation date the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index all close at or above their respective coupon barrier levels set at 70% of initial levels. If on any observation date at least one index is below its barrier, no coupon is paid for that period.
The notes may be automatically redeemed quarterly starting July 28, 2026 if all three indices are at or above their call thresholds, set at 100% of initial levels, paying principal plus the applicable coupon. If not called, and at maturity any index finishes below its downside threshold (also 70% of its initial level), investors lose 1% of principal for each 1% decline of the worst-performing index, up to a total loss of principal. All payments are subject to Morgan Stanley’s credit risk, and the notes are not listed on any exchange.
Morgan Stanley Finance LLC is offering $500,000 of structured notes linked to the iShares Silver Trust, fully guaranteed by Morgan Stanley. Each $1,000 note pays no interest and returns at least 95% of principal at maturity, with 1:1 exposure to SLV’s price move on the March 1, 2027 observation date.
If SLV rises, investors receive principal plus 100% of the gain, capped at $1,201.30 per note, or 120.13% of principal. If SLV falls, investors lose 1% of principal for every 1% decline, down to a minimum payoff of $950. The notes are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and initially have an estimated value of $978.20 per note versus the $1,000 issue price.
Morgan Stanley Finance LLC is offering Dual Directional Trigger PLUS notes, fully guaranteed by Morgan Stanley, with a $1,000 stated principal amount per security and maturity on February 28, 2030. The notes pay no interest and are principal-at-risk.
Returns depend on the worst performing of the Nasdaq-100 Technology Sector Index and the Russell 2000 Index, based only on their levels on the February 25, 2030 observation date. If both finish above their initial levels, investors receive principal plus leveraged upside at a 116%–131% leverage factor. If the worst index finishes between its initial level and a downside threshold at 70% of its initial level, investors get principal plus an “absolute return” on the decline, with this feature effectively capped at a 15% positive return.
If either index ends below its downside threshold, investors lose 1% of principal for each 1% decline of the worst index, with no minimum repayment, so the entire investment can be lost. The preliminary estimated value on the pricing date is about $933.50 per note, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, are not listed on any exchange and may have limited secondary liquidity, and the U.S. federal tax treatment is described as uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk structured notes linked to the worst performer of the Russell 2000® Index and the S&P 500® Index. The notes pay a contingent coupon at an annual rate of at least 6.25% only when both indices close at or above their coupon barrier levels on scheduled observation dates.
The securities can be auto-called starting in February 2027 if both indices are at or above 100% of their initial levels, returning principal plus the applicable coupon. At maturity in March 2029, investors receive full principal only if both indices are at or above 85% of their initial levels; otherwise, principal is reduced 1% for each 1% decline in the worst index beyond the 15% buffer, subject to a minimum payment of 15% of principal.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, with an estimated value on the pricing date of approximately $951 per $1,000 security. They are not listed on any exchange, may have limited liquidity, involve complex tax treatment and carry full issuer and guarantor credit risk.
Morgan Stanley Finance LLC is offering Dual Directional Trigger PLUS notes due March 4, 2030, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk securities are linked to the worst performer of the Nasdaq-100 Technology Sector Index and the Russell 2000 Index.
The notes pay no interest and may return less than your principal at maturity, including a total loss. If the final level of each index is above its initial level, holders receive the $1,000 stated principal amount plus a leveraged upside payment based on a leverage factor between 132% and 147%.
If the worst-performing index is flat or down but not below 70% of its initial level, investors receive principal plus an “absolute return” of 50% of the index’s percentage decline, capped at an effective positive return of 15%. If either index finishes below its 70% downside threshold, repayment is reduced 1% for every 1% decline in the worst-performing index, with no minimum payment.
The estimated value on the pricing date is approximately $961.60 per $1,000 note, reflecting issuing, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes will not be listed on any securities exchange, and secondary trading, if any, may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $5,000,000 of Trigger Autocallable Contingent Yield Notes linked to Goldman Sachs Group common stock. Each Security has a $10 principal amount and offers a 10.00% per annum contingent coupon, paid quarterly as $0.25 when the stock closes at or above the $611.76 Coupon Barrier.
The notes may be automatically called on any quarterly Observation Date beginning July 27, 2026 if the stock closes at or above the $929.72 Initial Price, returning principal plus that quarter’s coupon. If not called and on the final Observation Date, January 29, 2029, the final stock price is at or above the $611.76 Downside Threshold, investors receive full principal plus the last coupon at maturity on February 1, 2029.
If the final price is below the Downside Threshold, repayment is reduced one-for-one with the stock’s decline, and investors can lose most or all principal. The notes do not participate in stock upside, pay no dividends, are not exchange-listed, and all payments depend on Morgan Stanley’s credit. The price to public is $10 per Security, while the issuer’s estimated value on the trade date is $9.693, reflecting embedded costs and an internal funding rate.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $42,757,480 of Autocallable Trigger GEARS linked to the State Street SPDR S&P Oil & Gas Exploration & Production ETF. Each Security has a $10 principal amount and matures on January 31, 2029, with principal at risk.
If on the February 1, 2027 Observation Date the ETF closes at or above the Autocall Barrier of $137.10 (100% of the Initial Price), the notes are automatically called and pay $12 per Security, reflecting a 20.00% per annum Call Return, with no further upside.
If not called and the ETF ends above the Initial Price, investors receive $10 plus 1.40 times the positive Share Return. If the Share Return is zero or negative but the Final Price is at or above the Downside Threshold of $102.83 (75% of the Initial Price), investors receive only their $10 principal. If the Final Price is below the Downside Threshold, repayment is reduced dollar-for-dollar with the ETF’s loss, up to a total loss of principal.
The Securities pay no interest or dividends, will not be listed on any exchange, and their value depends on Morgan Stanley’s credit. The estimated value on the trade date is $9.597 per Security, below the $10 issue price, and the offering involves complex U.S. tax considerations.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $6,844,500 of Trigger Step Securities linked to the least performing of the S&P 500 Index and the Dow Jones Industrial Average, maturing on January 30, 2031, at $10 per Security.
Holders receive no interest or dividends. At maturity, if both indices finish at or above their 100% step barriers, investors get principal plus the greater of a 50.00% step return or the actual gain of the weaker index. If either index is below its barrier but both stay at or above their 75% downside thresholds, only principal is returned.
If either index closes below its 75% downside threshold, repayment is reduced in full proportion to the loss of the least performing index, and investors can lose all principal. The estimated value on the trade date is $9.915 per $10 Security, reflecting issuing, structuring and hedging costs and Morgan Stanley’s internal funding rate.