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 Contingent Income Auto-Callable Securities due July 28, 2027, issued at $1,000 per note with an aggregate principal amount of $962,000. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and principal is at risk.
Investors may receive a contingent coupon at 9.75% per annum, but only if on each observation date the EURO STOXX 50® Index (SX5E), Nasdaq-100® Technology Sector Index℠ (NDXT) and State Street® SPDR® S&P® Regional Banking ETF (KRE) all close at or above their coupon barrier levels, set at 70% of their initial levels. The notes auto-call at par plus the applicable coupon if, on any redemption determination date starting April 23, 2026, all three underliers are at or above 100% of their initial level.
If the notes are not redeemed early and on the final observation date any underlier finishes below its 70% downside threshold level, the maturity payment is reduced 1% for each 1% decline in the worst-performing underlier, potentially to zero. The estimated value on the pricing date is $960.50 per note, below the issue price, reflecting structuring and hedging costs and an internal funding rate. The securities will not be listed, and Morgan Stanley & Co. LLC will receive a sales commission of $18.75 per note.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $6,682,000 of principal-at-risk structured notes, each with a $1,000 face amount, maturing on January 26, 2029. The notes offer a contingent coupon at an annual rate of 11.00%, paid only if on each observation date the Nasdaq-100 Technology Sector Index, the S&P 500 Index and the State Street Utilities Select Sector SPDR ETF are all at or above 70% of their initial levels.
Beginning April 28, 2026, the notes may be called in whole on specified monthly dates if a risk neutral valuation model indicates early redemption is economically rational for Morgan Stanley, in which case investors receive principal plus any due coupon and no further payments. If the notes are not redeemed and at maturity each underlier is at or above 60% of its initial level, investors receive full principal back (plus the final coupon if payable. If any underlier finishes below 60%, repayment is reduced 1% for each 1% decline of the worst performer, down to zero.
The securities are unsecured obligations of MSFL, guaranteed by Morgan Stanley, are not listed on any exchange, and have an estimated value on the pricing date of $988.80 per $1,000 note, reflecting issuance, structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing principal-at-risk Callable Contingent Income Securities due January 26, 2029, linked to the worst performer among the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. Each note has a $1,000 stated principal amount, with a total offering of $1,655,000, and an estimated value on the pricing date of $988.40 per security.
Investors may receive a 10.35% per annum contingent coupon, paid only if on each observation date all three indices are at or above their coupon barrier levels, set at 70% of initial levels. Principal is repaid at maturity only if every index finishes at or above a downside threshold of 60% of its initial level; otherwise, repayment is reduced 1% for every 1% decline of the worst-performing index, potentially to zero.
The notes are callable in whole, but not in part, on scheduled redemption dates starting July 28, 2026, if a risk-neutral valuation model indicates early redemption is economically rational for the issuer. The securities will not be listed, all payments depend on Morgan Stanley’s credit, secondary market liquidity may be limited, and the U.S. tax treatment is complex and uncertain.
Morgan Stanley Finance LLC is offering $2,089,000 of callable contingent income securities due July 27, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 principal amount and is linked to the worst performer among the TLT and XLU ETFs, plus the NDXT and Russell 2000 indices.
The notes can pay a 12.80% annual contingent coupon, but only if all underliers stay at or above their respective coupon barrier levels on each observation date. Principal is at risk: if, at maturity, any underlier finishes below its downside threshold, repayment is reduced in full proportion to the worst underlier’s decline and can fall to zero.
The notes are callable in whole on scheduled redemption dates if a risk‑neutral valuation model shows early redemption is economically rational for Morgan Stanley, which is more likely when coupons are relatively attractive. The estimated value on the pricing date is $968.50 per $1,000 note, reflecting embedded costs, and the securities will not be listed on any exchange, so liquidity and secondary market pricing may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing S&P 500®-linked Dual Directional Buffered Participation Securities with a stated principal of $1,000 per security and an aggregate principal amount of $1,678,000, maturing on January 28, 2031. The securities pay no interest and are unsecured principal-at-risk notes.
The initial S&P 500® level is 6,915.61, with a buffer level at 80% (5,532.488). If the index rises, holders receive principal plus 100% of the index gain, capped at a maximum payment of $1,485 per security (148.50% of principal). If the index is down but not below the buffer, investors still earn a positive return up to 20% via an absolute return feature. If the index falls below the buffer, principal is reduced 1% for each 1% decline beyond 20%, subject to a minimum payment of 20% of principal.
The estimated value on the pricing date is $947.70 per security, below the $1,000 issue price due to internal funding rates and offering costs. The notes will not be listed on any exchange, secondary liquidity may be limited, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is issuing Contingent Income Memory Auto-Callable Securities due January 27, 2028, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security and an aggregate principal amount of $500,000.
The notes pay a contingent coupon at 10.35% per annum, but only if on an observation date the closing level of each of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index is at or above its coupon barrier level, set at 70% of the initial level. Missed coupons can be paid later if all underliers are back above their barriers.
The securities may be automatically redeemed on scheduled redemption determination dates if each index is at or above its call threshold level (100% of initial), in which case holders receive principal plus the applicable contingent coupon and any unpaid coupons. If not redeemed early, principal is repaid at maturity only if the final level of each index is at or above its downside threshold (70% of initial); otherwise, repayment is reduced 1% for each 1% decline in the worst-performing index and can fall to zero. The estimated value on the pricing date is $985.50 per security, below the issue price, reflecting structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is issuing $35.2 million of Step Down Trigger Autocallable Notes linked to the Russell 2000, S&P 500 and EURO STOXX 50, maturing on January 30, 2031. The notes are unsecured, unsubordinated and fully guaranteed by Morgan Stanley, with principal at risk.
The notes can be called semi-annually from February 19, 2027, paying $10 plus a call return based on a 15.10% per‑annum rate if all three indices are at or above their initial levels (or their 90% downside thresholds at final observation). If not called and any index finishes below its downside threshold, repayment falls in line with the least performing index, potentially to zero. Investors forgo dividends and any index upside, face limited liquidity, issuer credit risk and an estimated initial value of $9.887 per $10 note, reflecting embedded costs.
Morgan Stanley Finance LLC is issuing principal-at-risk Callable Contingent Income Securities linked to the worst performer of four underliers: the iShares 20+ Year Treasury Bond ETF (TLT), Nasdaq-100 Technology Sector Index (NDXT), Russell 2000 Index (RTY) and State Street Utilities Select Sector SPDR ETF (XLU). The notes mature on January 26, 2029, with $1,000 stated principal amount per security and an aggregate principal of $6,012,000.
Investors may receive a contingent coupon at a 12.10% annual rate, payable only if on each observation date all underliers close at or above their coupon barrier levels, set at 70% of initial levels. Principal is protected only if, at maturity and absent prior redemption, all underliers finish at or above downside thresholds, set at 60% of initial levels; otherwise, repayment is reduced 1% for each 1% decline in the worst underlier and can fall to zero.
The issuer can redeem the notes in whole, on scheduled redemption dates starting April 28, 2026, but only when a specified risk-neutral valuation model indicates early redemption is economically rational for Morgan Stanley. The issue price is $1,000 per security, with an estimated value on the pricing date of $966.20, reflecting structuring and hedging costs and an internal funding rate. All payments depend on Morgan Stanley’s credit, and the securities will not be listed on an exchange.
Morgan Stanley Finance LLC is issuing Buffered PLUS structured notes with a stated principal amount of $1,000 per security, for an aggregate principal amount of $321,000, linked to the S&P 500® Futures Excess Return Index and maturing on January 28, 2031. The notes pay no interest and are fully and unconditionally guaranteed by Morgan Stanley.
At maturity, if the index finishes above its initial level of 561.63, investors receive principal plus 155% of the index’s gain. If the final level is between 80% and 100% of the initial level, investors receive only principal. Below the 80% buffer level of 449.304, investors lose 1% of principal for each 1% further decline, subject to a minimum payment of 20% of principal.
The securities are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on any exchange and may have limited secondary market liquidity. The issue price is $1,000 per security, including a fixed sales commission of $45, and the estimated value on the pricing date is $935.30 per security.
Morgan Stanley Finance LLC is issuing $740,000 of principal-at-risk structured notes linked to the S&P 500 Index, maturing January 26, 2029. Each security has a $1,000 denomination, pays no interest and is fully and unconditionally guaranteed by Morgan Stanley.
If the index finishes above the initial level of 6,915.61, investors receive principal plus 87% of the index gain. If the final level is between 85% and 100% of the initial level, they earn a positive “absolute return” on declines, capped at a 15% gain. Below the 85% buffer, investors lose 1% of principal for each 1% further index drop, with a minimum payout of 15% of principal.
The notes are unsecured obligations subject to Morgan Stanley’s credit risk, are not listed on any exchange and may have limited secondary liquidity. They price at $1,000 with an estimated value of $987.10 per note, reflecting issuing, selling, structuring and hedging costs borne by investors.