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 Jump Securities with an auto-call feature linked to the worst performer of three ETFs: the State Street SPDR S&P Regional Banking ETF, the iShares Semiconductor ETF and the iShares 20+ Year Treasury Bond ETF.
Each security has a $1,000 stated principal amount, issue price of $1,000 and aggregate principal of $19,413,000, with an estimated value on the pricing date of $964.40 per security. The notes offer no coupons and are principal at risk.
The securities auto-call if all underliers are at or above their call thresholds on scheduled determination dates, paying early redemption amounts that target approximately 16.00% per annum. If held to maturity without early redemption, investors receive $1,160.00 per security if each final level is at or above its upside threshold.
If any final level is below its upside threshold but all are at or above their downside thresholds (60% of initial levels), repayment is limited to principal. If any final level falls below its downside threshold, repayment is reduced 1% for each 1% decline in the worst performing underlier, and the maturity payment can fall to zero.
All payments depend on Morgan Stanley’s credit. The notes will not be listed, may have limited liquidity, embed dealer commissions of $18.75 per security and are designed for investors willing to accept complex structure, sector and interest-rate risks, and the possibility of losing their entire investment.
Morgan Stanley Finance LLC is offering auto-callable Buffered Jump Securities linked to the worst performer of the VanEck Gold Miners ETF (GDX) and the iShares Silver Trust (SLV), fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, with a total offering of $349,000, and an estimated value on the pricing date of $929.60 per security.
The notes pay no interest and can be automatically redeemed on 29 scheduled determination dates from July 2026 to November 2028 if both underliers are at or above their call thresholds (85% of their initial levels), for fixed cash payments that correspond to roughly 7.50% per annum. If held to December 2028 and both underliers are at or above their thresholds, investors receive $1,218.75 per security; if at least one is below its call threshold but both are at or above its 20% buffer level, investors receive only principal back. If either underlier finishes below its 80% buffer, principal is reduced 1% for each 1% loss of the worst performer beyond the buffer, subject to a minimum payment of 20% of principal.
Morgan Stanley Finance LLC is offering market-linked notes tied to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest, and matures on February 3, 2028.
At maturity, investors receive $1,000 plus 100% of the index’s gain if the final level exceeds the initial level, capped at a maximum payment of $1,140 per note (114% of principal). If the index finishes at or below the initial level, repayment is limited to principal, with no positive return.
The notes are unsecured obligations subject to Morgan Stanley’s credit risk and will not be listed on any exchange. The estimated value on the pricing date is approximately $983 per note, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate.
Morgan Stanley Finance LLC is offering Buffered PLUS notes due August 4, 2027, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk securities pay no interest and are linked to a basket of equity indices: Russell 2000 (25%), S&P 500 (45%) and EURO STOXX 50 (30%).
At maturity, investors receive leveraged upside of 150% of any basket gain, capped at a maximum payment of $1,179 per $1,000 note, and full principal back if losses stay within a 15% buffer. Below the buffer, principal is reduced one-for-one, with a minimum payment of 15% of principal. The estimated value on the pricing date is approximately $991.80 per $1,000 security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. All payments depend on Morgan Stanley’s credit, and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes linked to the worst performer of the EURO STOXX 50® and S&P 500® indices, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and an issue price of $1,000.
The notes pay a contingent coupon at an annual rate of 8.32%, but only when both indices close at or above 80% of their initial levels on scheduled observation dates. If, on any redemption determination date from July 30, 2026 onward, both indices are at or above 100% of their initial levels, the notes auto-call and repay principal plus the applicable coupon and any unpaid coupons.
If the notes are not redeemed early and, at maturity in February 2029, either index finishes below 80% of its initial level, investors lose 1% of principal for each 1% decline of the worst-performing index, potentially losing their entire investment. The estimated value on the pricing date is approximately $972.60 per security, reflecting structuring and hedging costs and an internal funding rate. All payments depend on Morgan Stanley’s credit, and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering partial principal at risk notes linked to the SPDR® Gold Trust, maturing on April 29, 2027. Each note has a $1,000 stated principal amount and pays no interest.
At maturity, investors receive $1,000 plus 100% of any gain in GLD from the initial level of $464.70, capped at a maximum payment of $1,149 per note. If GLD falls, investors lose 1% of principal for each 1% decline, but not below a partial principal return amount of 95% of principal, or $950 per note.
The notes are unsecured obligations subject to Morgan Stanley’s credit risk and will not be listed on any exchange. The estimated value on the pricing date is approximately $982.80 per note, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is favorable to the issuer.
Morgan Stanley Finance LLC is offering partial principal at risk notes linked to the SPDR® Gold Trust. Each note has a $1,000 stated principal amount, matures on March 3, 2027, and pays no interest. An observation on February 26, 2027 determines the final payoff.
If GLD is above the initial level of $464.70, holders receive principal plus 100% of the upside, capped at a maximum payment of $1,130 (113% of principal). If GLD is below the initial level, investors lose 1% of principal for each 1% decline, with a minimum repayment of 95% of principal. The estimated value on the pricing date is approximately $982.80 per note, and all payments are subject to the credit risk of Morgan Stanley and MSFL. The notes are treated as contingent payment debt instruments for U.S. tax purposes and will not be listed on any exchange, so liquidity may be limited.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with an auto-call feature linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, maturing on February 4, 2031. Each security has a stated principal amount and issue price of $1,000 and is fully and unconditionally guaranteed by Morgan Stanley.
The notes pay no interest and can be automatically redeemed starting February 2, 2027 if the index closes at or above the call threshold level. Early redemption payments range from $1,195 on the first early redemption date up to $1,926.25 on the last, corresponding to a return of approximately 19.50% per annum.
If not called, payment at maturity depends on index performance. Investors receive $1,975 per security if the final index level is at or above the call threshold level, the stated principal amount if it is between the buffer level (85% of the initial level) and the call threshold, and a reduced amount if below the buffer, with losses of 1% of principal for each 1% decline beyond the 15% buffer, subject to a minimum payment of 15% of principal. The estimated value on the pricing date is approximately $911.40 per security, reflecting issuance, structuring and hedging costs, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Performance Leveraged Upside Securities (PLUS) due January 30, 2036, linked to the worst performer of the Nasdaq-100 Futures Excess Return Index and the S&P 500 Futures Excess Return Index. Each security has a $1,000 issue price and an estimated value on the pricing date of approximately $926.90.
At maturity, if both indexes finish above their initial levels, holders receive $1,000 plus a leveraged upside payment equal to 389% of the gain of the worst-performing index. If either index is at or below its initial level, the payout is $1,000 multiplied by the performance of the worst-performing index, with no minimum; investors can lose their entire principal.
The notes pay no interest, are unsecured obligations of Morgan Stanley Finance LLC fully and unconditionally guaranteed by Morgan Stanley, and will not be listed on any exchange. Returns depend solely on the observation date levels, and the securities are subject to Morgan Stanley’s credit risk, market volatility in the underlying futures-based indexes, limited liquidity, and uncertain U.S. federal income tax treatment.
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, is issued at $1,000, and is scheduled to mature on March 3, 2027.
The securities pay no interest and do not guarantee a return of principal. If on the observation date the S&P 500® closing level is at or above 80% of the initial level of 6,950.23, investors receive $1,000 plus a fixed upside payment of $80, an 8% return. If the final level is below the 80% downside threshold of 5,560.184, repayment is reduced 1% for each 1% index decline, with no minimum, so the payment can be zero.
The estimated value on the pricing date is approximately $983.70 per security, below the issue price, reflecting issuance, selling, structuring and hedging costs and an internal funding rate advantageous to the issuer. Agent compensation is up to $10.42 per $1,000 security. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, will not be listed on any exchange, and may have limited or no secondary market liquidity. U.S. tax treatment is expected to follow a prepaid financial contract approach, though this is not certain.