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 structured “Buffered Jump Securities” linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and does not pay periodic interest, so investors trade current income for contingent payoff features.
The notes can be automatically redeemed on February 17, 2027 if, on the February 12, 2027 determination date, the index is at or above 100% of its initial level. In that case, investors receive an early redemption payment of $1,100 per security, and no further amounts are paid.
If not called, the February 8, 2029 maturity payment depends on index performance. If the final index level is above the initial level, investors receive $1,000 plus an upside payment equal to 161% of the index gain. If the final level is between 75% and 100% of the initial level, investors receive only the $1,000 principal. Below 75%, principal is reduced 1% for each 1% decline beyond the 25% buffer, but not below a minimum of 25% of principal. The issuer’s estimated value on the pricing date is approximately $982.60 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Trigger PLUS structured notes due February 3, 2028, linked to the S&P 500® Futures Excess Return Index. Each security has a $1,000 stated principal amount and pays no interest.
At maturity, if the index finishes above its initial level, holders receive $1,000 plus 111% of the index gain. If the index ends at or below the initial level but at or above 60% of that level (the downside threshold), the return is just the $1,000 principal. If the index falls below the 60% threshold, principal is reduced 1% for every 1% decline in the index, with no minimum repayment, so the entire investment can be lost.
The estimated value on the pricing date is approximately $981.70 per security, reflecting issuer costs and internal funding assumptions. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, will not be listed on an exchange and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering fixed-income auto-callable securities due January 27, 2028 linked to the worst performer among CrowdStrike, Mastercard and Visa Class A shares. Each $1,000 note pays a fixed coupon at an annual rate of 11.16%, regardless of stock performance, until the notes are either called or mature.
The notes are automatically redeemed on set quarterly dates if each stock closes at or above its call threshold, returning the $1,000 principal plus the coupon for that period. If they are not redeemed early and, on the final observation date, every stock is at or above 60% of its initial level, investors receive $1,000 plus the final coupon. If any stock finishes below its 60% downside threshold, principal is reduced 1% for every 1% decline in the worst-performing stock, and the maturity payment can fall to zero.
The securities are unsecured, subject to Morgan Stanley’s credit risk, not listed on any exchange and may trade below the $1,000 issue price. The estimated value on the pricing date is approximately $966.10 per note, reflecting issuance, structuring and hedging costs and an internal funding rate that is favorable to the issuer.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Performance Leveraged Upside Securities (PLUS) due January 28, 2031, linked to the worst performer of the State Street Technology Select Sector SPDR ETF (XLK) and the VanEck Semiconductor ETF (SMH). Each security has a stated principal amount and issue price of $1,000, with an estimated value on the pricing date of about $967.70 per security.
The notes pay no interest and do not guarantee any return of principal. At maturity, if both ETFs finish above their initial levels (XLK $145.09, SMH $400.09 on January 23, 2026), investors receive principal plus 150% of the gain of the worst-performing ETF. If either ETF is at or below its initial level, repayment is reduced 1% for every 1% decline in the worst performer, with no minimum payment; a large drop can result in total loss of principal.
The securities are unsecured obligations subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and may have limited or no secondary market. They also concentrate exposure in technology and semiconductor sectors, increasing volatility and sector-specific risk.
Morgan Stanley Finance LLC is offering Trigger Performance Leveraged Upside Securities (Trigger PLUS) due January 31, 2036, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and exposes investors to the performance of the worst of the Nasdaq-100 Futures Excess Return Index and the S&P 500 Futures Excess Return Index.
At maturity, if the final level of each index is above its initial level, holders receive $1,000 plus a leveraged upside payment equal to 403% of the gain of the worst-performing index. If the worst-performing index finishes at or below its initial level but at or above 77% of its initial level, investors receive only the $1,000 principal. If the worst-performing index ends below 77% of its initial level, the payoff is reduced 1% for every 1% decline, with no minimum, so the entire investment can be lost.
The preliminary estimated value on the pricing date is approximately $943.60 per $1,000 security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are unsecured obligations subject to Morgan Stanley’s credit risk and will not be listed on any securities exchange, so secondary market liquidity may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering variable income memory auto-callable notes due February 11, 2031 linked to the worst-performing of Bloom Energy, Robinhood Markets, Micron Technology and Marvell Technology stocks. Each note has a stated principal amount of $1,000.
The notes pay a variable monthly coupon: a lower annual rate of 0.25% when any stock closes below its coupon barrier on an observation date, or a higher annual rate of 8.00% when all are at or above their barriers. Missed higher coupons can be repaid later as a conditional annual coupon of 7.75% if all stocks meet the barrier on a future observation date.
The notes are automatically redeemed starting in 2027 if each stock is at or above its call threshold (100% of initial level), returning principal plus the higher coupon and any unpaid conditional coupons. If never called, investors receive principal at maturity plus the applicable coupon. The estimated value on the pricing date is approximately $932.90 per note, below issue price, and investors face issuer credit risk, limited liquidity, equity-market volatility and contingent payment debt instrument tax treatment.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $2,670,000 of leveraged buffered notes linked to the S&P 500® Index, maturing on May 3, 2028. These notes pay no interest and expose investors to loss of principal.
At maturity, each $1,000 note pays: full principal plus 150% of any S&P 500 gain, but only up to a maximum of $1,270 (a 27% cap); full principal if the index loss is up to 15%; and if the index falls more than 15%, losses increase at about 117.65% of the decline beyond that buffer, so investors can lose their entire investment.
The initial index level is 6,913.35, with a cap level at 118% of that and a buffer level at 85%. The issuer’s estimated value on the trade date is $995.20 per $1,000 note, reflecting issuing, structuring and hedging costs. The notes are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on any exchange and may have limited secondary market liquidity.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Step Down Trigger Autocallable Notes linked to the least performing of the Russell 2000®, S&P 500® and EURO STOXX 50® indexes. Each note has a $10 issue price, an estimated initial value of about $9.887 and a term of roughly five years, with automatic call checks starting in February 2027.
If on an observation date all three indexes are at or above their initial levels (or at or above 90% of those levels on the final date), the notes are automatically called and pay back principal plus a call return based on at least 15.10% per annum, up to at least 75.50% if called at maturity. If the notes are never called and any index finishes below its 90% downside threshold, repayment is reduced 1-for-1 with the loss of the worst index, down to a total loss of principal.
The notes pay no interest or dividends, do not participate in index gains beyond the fixed call returns, are unsecured obligations of MSFL and expose holders to both full market downside of the worst index and Morgan Stanley credit risk. Secondary market liquidity may be limited and sale before maturity can result in significant loss.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Callable Contingent Income Securities maturing on August 3, 2028. Each note has a stated principal amount of $1,000 and is linked to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and Nasdaq-100 Index.
Investors can receive a 9.50% per annum contingent coupon, paid only if on each observation date all three indices are at or above their coupon barrier, set at 75% of their initial levels. If any index is below its barrier on an observation date, no coupon is paid for that period.
Starting on August 3, 2027, the notes are callable in whole at par plus any due coupon if a risk-neutral valuation model indicates early redemption is economically rational for the issuer. If not called, and on the final observation date each index is at or above its downside threshold (70% of its initial level), investors receive full principal back plus any final coupon. If any index finishes below its downside threshold, repayment is reduced one-for-one with the decline of the worst-performing index and can fall to zero. The estimated value on the pricing date is approximately $984.90 per security.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Contingent Income Memory Auto-Callable Securities due February 1, 2029 linked to the worst performing of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index.
The notes pay a contingent coupon at 10.00% per year, but only if on each observation date all three indices are at or above 80% of their initial levels; missed coupons can be paid later if the barrier is met. The notes are automatically redeemed at par plus any applicable coupons if, on specified quarterly redemption determination dates starting April 29, 2026, each index is at or above 100% of its initial level.
If not called and at maturity any index is below 60% of its initial level, investors lose 1% of principal for each 1% decline of the worst index, potentially losing their entire investment. The indicative estimated value on the pricing date is approximately $989.40 per $1,000 note, reflecting embedded costs and Morgan Stanley’s internal funding rate.