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, fully guaranteed by Morgan Stanley, is issuing principal-at-risk structured notes linked to DoorDash Class A shares, with an aggregate principal amount of $802,000 and a stated principal amount of $1,000 per security.
The notes offer a 15.00% annual contingent coupon, payable only when DoorDash’s closing price on an observation date is at or above the coupon barrier of $119.675, equal to about 57.75% of the $207.23 initial level. Missed coupons can be paid later if the barrier is met, but may be lost entirely.
The securities auto-call on set dates starting July 23, 2026 if DoorDash closes at or above the call threshold of $207.23, returning principal plus the applicable coupon and any unpaid coupons. If not redeemed early, and DoorDash’s final level on January 24, 2028 is at or above the downside threshold of $119.675, investors receive full principal plus any due coupon.
If the final level is below the downside threshold, maturity payment is $1,000 × (final level ÷ 207.23), creating 1-for-1 downside exposure and potential total loss of principal. The estimated value on the pricing date is $972.70 per security, below issue price due to fees and the issuer’s internal funding rate, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $1,100,000 of principal-at-risk “Jump Securities” linked to a basket of three equity indices: MSCI EAFE (25%), MSCI Emerging Markets (10%) and the S&P 500 Futures Excess Return Index (65%). Each security has a $1,000 principal amount, a January 28, 2031 maturity and no periodic interest.
The notes are automatically redeemed on January 29, 2027 for $1,110 per security if the basket level on the first determination date is at or above the initial level of 100. If not called, maturity payment depends on basket performance: investors gain 225% of any positive return, receive principal back if the basket is between 70 and 100, and lose 1% of principal for every 1% decline below 70, potentially losing their entire investment.
The estimated value on the pricing date is $972.60 per security, reflecting issuer funding levels and structuring and hedging costs. The securities are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on an exchange and may have limited secondary market liquidity.
Morgan Stanley Finance LLC is issuing contingent income auto-callable securities linked to Ford Motor Company common stock, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an aggregate principal amount of $805,000.
The notes pay a contingent coupon at 11.28% per year, but only if Ford’s closing price on an observation date is at or above the coupon barrier of $8.136, which is 60% of the $13.56 initial level. The same level serves as the downside threshold; if the final price is below this at maturity and the notes have not auto-called, investors lose 1% of principal for each 1% decline in the stock, potentially down to zero.
The notes are automatically redeemed at set dates if Ford’s stock closes at or above the $13.56 call threshold, returning principal plus the applicable coupon. They are unsecured obligations of MSFL, guaranteed by Morgan Stanley, have an estimated value of $974.30 per $1,000 at pricing, and will not be listed on any exchange.
Morgan Stanley Finance LLC is issuing Trigger PLUS structured notes due January 28, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with a total aggregate principal of $2,646,000, and pays no periodic interest.
The notes are linked to the worst performer of the Russell 2000 Index, the S&P 500 Index and the State Street Financial Select Sector SPDR ETF. If all final levels exceed their initial levels, holders receive principal plus 166% of the worst performer’s gain. If any underlier finishes below its 60% downside threshold, repayment is reduced 1% for each 1% decline in the worst performer, and repayment can fall to zero.
The estimated value on the pricing date is $944.50 per security, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer. The securities are unsecured, subject to Morgan Stanley’s credit risk, not listed on any exchange, and may have limited secondary market liquidity.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing partial principal at risk notes linked to the SPDR® Gold Trust (GLD). Each note has a $1,000 stated principal amount, with a total offering of $4,441,000, and matures on February 10, 2027.
The notes pay no interest. At maturity, investors receive $1,000 plus 100% of any GLD gain, capped at a maximum payment of $1,121.40 per note. On the downside, investors lose 1% of principal for each 1% decline in GLD, but repayment will not fall below the 95% partial principal return amount, or $950 per note.
The estimated value on the pricing date is $983 per $1,000 note, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes carry Morgan Stanley credit risk, are not listed on any exchange, may have limited liquidity, and are subject to complex tax treatment as contingent payment debt instruments.
Morgan Stanley Finance LLC is offering Contingent Income Memory Auto-Callable Securities linked to the worst performer of the State Street Energy Select Sector SPDR ETF, the Russell 2000 Index and the S&P 500 Equal Weight Index. Each security has a $1,000 stated principal amount, with a total offering size of $500,000, and is fully and unconditionally guaranteed by Morgan Stanley.
Investors may receive a 9.45% per annum contingent coupon, paid only if on each observation date all three underliers are at or above their coupon barrier levels, set at 70% of initial levels. The notes can be automatically redeemed quarterly from January 2027 onward if each underlier is at or above its call threshold level, equal to 100% of its initial level, in which case investors receive principal plus the current and any previously unpaid coupons.
If the notes are not called and on the final observation date any underlier finishes below its downside threshold (also 70% of initial level), the maturity payment is reduced 1% for every 1% decline of the worst performer and can fall to zero. The estimated value on the pricing date is $974.50 per security, the notes will not be listed on an exchange, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering principal-at-risk “Jump Securities” with an auto-call feature maturing on February 4, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the worst-performing of the EURO STOXX 50®, S&P 500® and Nasdaq-100 Index®.
The securities pay no interest and do not guarantee principal. If on a determination date each index is at or above its call threshold (100% of its initial level), the notes are automatically redeemed for fixed call payments targeting about 10.25%–11.25% per annum. If held to maturity with all indices at or above their call thresholds, investors receive a fixed amount between $1,512.50 and $1,562.50 per $1,000 stated principal.
If at maturity any index is below its call threshold but all are at or above 70% of initial, only principal is repaid. If any index finishes below 70% of initial, repayment is reduced 1% for every 1% decline of the worst-performing index and can fall to zero. The estimated value on the pricing date is approximately $947.30 per $1,000 note because of issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate.
Morgan Stanley Finance LLC is offering $21,037,000 of principal-at-risk “Jump Securities” with an auto-call feature, each at $1,000, fully and unconditionally guaranteed by Morgan Stanley. The notes run to January 25, 2030 and are linked to the worst performer of the iShares MSCI EAFE ETF, the S&P 500 Index and the State Street Financial Select Sector SPDR ETF.
The securities pay no coupons and may be automatically redeemed on annual determination dates starting in 2027 if all underliers are at or above their call thresholds, returning $1,102.50, $1,205.00 or $1,307.50 per security, corresponding to about 10.25% per year. If held to maturity and each underlier stays at or above its downside threshold (70% of initial level), investors receive $1,410.00 per security; otherwise repayment falls one-for-one with the worst underlier and can be reduced to zero.
The notes expose investors to full principal loss, Morgan Stanley credit risk, limited secondary liquidity and structural complexity. The estimated value on the pricing date is $990.30 per security, below the $1,000 issue price, reflecting embedded costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is issuing $9,931,000 of two-year Callable Contingent Income Securities, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. These notes are linked to the worst performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index.
Investors may receive a contingent coupon at an annual rate of 12.35%, but only if on each observation date all three indices close at or above their coupon barrier levels, set at 75% of their initial levels. The same 75% levels act as downside thresholds for principal protection at maturity.
The notes are callable in whole, but not in part, on scheduled redemption dates from February 1, 2027 through December 28, 2027 if a risk-neutral valuation model indicates early redemption is economically rational for the issuer. If the notes are not redeemed and any index finishes below its downside threshold, principal is reduced 1% for each 1% decline of the worst performer, potentially to zero. The estimated value on the pricing date is $995 per $1,000 security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. The securities are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on any exchange and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is issuing principal-at-risk contingent income memory auto-callable securities linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index, with an aggregate principal amount of $700,000 and maturity on January 28, 2031.
Investors may receive a contingent coupon at a 14.00% annual rate, paid only when the index closes on an observation date at or above the coupon barrier level of 2,091.929 (70% of the 2,988.47 initial level). Missed coupons can be paid later if the barrier is subsequently met.
The notes auto-call at par plus the applicable coupon and any unpaid coupons if the index is at or above the 2,988.47 call threshold (100% of initial) on any monthly redemption determination date after July 23, 2026. If held to maturity and the final index level is below the downside threshold of 1,494.235 (50% of initial), the repayment is reduced in line with the index decline and can be zero.
The securities are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, with an estimated value on the pricing date of $946.70 per $1,000 note. The underlier is a leveraged, volatility-targeting futures index with a fixed 4.0% per annum decrement, which structurally drags performance versus a similar index without the decrement.