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 $52,640,000 in Digital S&P 500® Index-Linked Notes due February 3, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 face amount, pays no interest and is an unsecured, principal-at-risk obligation.
The payoff depends on the S&P 500® Index level on February 1, 2028 versus the initial level of 7,736.52. If the final level is at least 90% of the initial level, investors receive the capped Maximum Settlement Amount of $1,133.10 per $1,000 note (113.31% of face value. If the index falls more than 10%, principal is reduced using a Buffer Rate of about 111.11%, and investors can lose up to their entire investment.
The public issue price is $1,000 per note, including $10.90 in selling commissions, with issuer proceeds of $989.10 per note. The issuer’s estimated value on the trade date is $986.90, reflecting issuance, structuring and hedging costs. The notes are not listed, may have limited liquidity, are subject to Morgan Stanley’s credit risk and carry complex market, valuation and tax risks highlighted in the risk factor discussion.
Morgan Stanley Finance LLC is offering digital notes linked to the VanEck Gold Miners ETF (GDX), fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 face amount, pays no interest, is not principal protected, and is expected to mature in about 13–15 months.
At maturity, if the ETF’s final level is at least 82.50% of its initial level, investors receive a fixed Maximum Settlement Amount expected between $1,171.20 and $1,200.80 per $1,000 (117.12%–120.08% of face). If the ETF falls more than 17.50%, repayment is reduced using a leverage factor of about 1.2121, and investors can lose up to all principal.
The notes are unsecured obligations of MSFL, subject to Morgan Stanley’s credit risk, will not be listed, and may have limited or no secondary market. The original issue price is $1,000, including a selling concession of 0.95%; the issuer’s estimated value on the trade date is about $981.60 per note, reflecting issuance, structuring and hedging costs built into the price.
Morgan Stanley Finance LLC is offering Dual Directional Buffered PLUS notes due August 7, 2031, fully and unconditionally guaranteed by Morgan Stanley, with an aggregate principal amount of $500,000 and a price of $1,000 per security. The notes pay no interest and are linked to the worst performing of the EURO STOXX 50® Index and the Nikkei Stock Average.
At maturity, investors receive leveraged upside if the worst performing index ends above its initial level, with a 187.50% leverage factor. If the worst performer is below its initial level but at or above its 60% buffer level, investors receive a positive return equal to the absolute decline, capped at a 40% maximum gain. If the worst performer falls below its buffer, principal is lost 1% for each 1% drop beyond the 40% buffer amount, but not below a 40% minimum payment of principal.
The notes are principal-at-risk, unsecured obligations subject to the credit risk of MSFL and Morgan Stanley, with an estimated value on the pricing date of $975.30 per security, below the issue price due to issuing, selling, structuring and hedging costs. Liquidity may be limited, market value can be volatile, and tax treatment is uncertain, with potential adverse outcomes versus the issuer’s preferred characterization as prepaid financial contracts.
Morgan Stanley Finance LLC is offering Jump Securities with an auto-callable feature due August 7, 2031, linked to the S&P 500® Futures Excess Return Index and fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an aggregate principal of $1,313,000.
The notes may be automatically redeemed on August 10, 2027 for $1,200 per security if the underlier on August 5, 2027 is at or above 661.281 (107% of the 618.02 initial level). If not called, at maturity investors receive the principal plus an upside payment based on a 265% participation rate if the final level exceeds the initial level, only principal if the final level is between 75% and 100% of the initial level, or a proportional loss (down to zero) if the final level is below 463.515 (75% of the initial level).
The securities do not guarantee any principal, pay no interest, and all payments depend on Morgan Stanley’s and MSFL’s credit. The estimated value on the pricing date is $972.60 per $1,000, reflecting issuance, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC is offering market-linked notes due August 7, 2031, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per note and an aggregate principal amount of $681,000. The notes pay no interest and return at least principal at maturity, subject to the issuer’s and guarantor’s credit risk.
The payoff is linked to the S&P 500® Futures Excess Return Index. If the final index level exceeds the initial level of 618.02, investors receive principal plus an upside payment equal to 151% of the index gain; otherwise they receive only principal. The estimated value on the pricing date is $976.20 per note, below the issue price, reflecting issuance, structuring and hedging costs and a comparable yield of 5.1040% per annum. The notes are unsecured, not listed on any exchange, may have limited secondary liquidity, and are expected to be treated as contingent payment debt instruments for U.S. federal income tax purposes.
Morgan Stanley Finance LLC is offering structured Jump Notes with Auto-Callable Feature due August 15, 2030, fully and unconditionally guaranteed by Morgan Stanley. Each note has a stated principal amount of $1,000 and pays no periodic interest. The return is linked to the worst performing of Berkshire Hathaway Inc. Class B common stock, NVIDIA Corporation common stock and Oracle Corporation common stock.
The notes are automatically redeemed on August 17, 2027 if, on the August 12, 2027 determination date, the closing level of each underlier is at or above its call threshold level (100% of its initial level). In that case, investors receive an early redemption payment of $1,305 per note, and no further payments are made. If the notes are not called and, on August 12, 2030, the final level of each underlier is above its initial level, the payment at maturity equals $1,000 plus an upside payment equal to 125% of the percentage gain of the worst performing underlier. If the final level of any underlier is at or below its initial level, the payment at maturity is limited to the $1,000 principal.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and all payments are subject to their credit risk. The estimated value on the pricing date is approximately $955.90 per note, reflecting issuance, selling, structuring and hedging costs. The notes will not be listed on any securities exchange, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC is offering principal at risk Market Linked Securities with a face amount of $1,000 per security, fully and unconditionally guaranteed by Morgan Stanley and linked to an unequally weighted basket of five foreign equity indices. The basket weights are EURO STOXX 50 Index 40%, Nikkei Stock Average 25%, FTSE 100 Index 17.5%, Swiss Market Index 10% and S&P/ASX 200 Index 7.5%.
The notes are auto‑callable on August 19, 2027 if the basket level is at or above the starting level, paying a call amount of at least $1,104 (a minimum 10.40% return) and then terminating. If not called, at the August 17, 2029 maturity investors receive: the face amount plus 150% of any positive basket return; the face amount if the basket decline does not exceed the 10% buffer; or a reduced amount if the basket falls more than 10%, with up to 90% loss of principal possible.
The price to the public is $1,000 per security, including agent commissions of up to $25.75, for net proceeds of $974.25 to the issuer. The estimated value on the pricing date is approximately $960.40 per security (within $45 of that estimate), reflecting issuing, selling, structuring and hedging costs. The notes pay no interest or dividends, may have limited or no secondary market, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering Step-Down Jump Securities with Auto-Callable Feature due August 30, 2029, linked to the worst performer of the EURO STOXX 50® Index and the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays no coupons.
The notes may be automatically redeemed on scheduled determination dates if each index closes at or above its applicable call threshold, for fixed early redemption payments that correspond to an approximate 10.75% per annum return. If not redeemed and, at maturity, both indices are at or above their upside threshold levels (90% of initial levels), investors receive $1,322.50 per security; if both are at or above 70% downside thresholds but one is below its upside threshold, only principal is returned. If either index finishes below its downside threshold, repayment is reduced 1% for each 1% decline of the worst-performing index, potentially to zero. The estimated value on the pricing date is approximately $965.60 per $1,000 security, reflecting issuance, selling, structuring and hedging costs and the issuer’s funding rate. All payments are subject to the credit risk of MSFL and Morgan Stanley.
Morgan Stanley Finance LLC is offering $125,641,000 of Capped Leveraged S&P MidCap 400® Index-Linked Notes due November 8, 2027, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 face amount, pays no interest and is principal at risk.
At maturity, investors receive $1,000 plus 300% of any positive index return, capped at a Maximum Settlement Amount of $1,194.10 per $1,000 note, equivalent to a maximum gain of about 19.41%. If the S&P MidCap 400® Index falls versus the Initial Underlier Level of 3,868.41, principal is reduced one-for-one with index losses and can be lost entirely. The Cap Level is 4,118.696127, or 106.47% of the initial level.
The notes are unsecured, unsubordinated obligations of MSFL, guaranteed by Morgan Stanley, and all payments are subject to their credit risk. The estimated value on the trade date is $985.60 per note, below the $1,000 issue price due to issuance, selling, structuring and hedging costs. The notes will not be listed on any exchange, may have limited secondary liquidity, and proceeds will be used for general corporate purposes and related hedging.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Contingent Income Auto-Callable Securities due August 16, 2029, linked to the Class A common stock of Nextpower Inc. Each security has a stated principal amount and issue price of $1,000.
Investors may receive a 26.45% per annum contingent coupon, paid only if the underlier’s closing level on an observation date is at or above a coupon barrier set at 55% of the initial level. The notes are auto-callable from February 12, 2027; if on any redemption determination date the underlier is at or above the 100% call threshold, investors receive $1,000 plus the contingent coupon and the notes terminate.
At maturity, if not previously redeemed and the final underlier level is at or above the same 55% downside threshold, investors receive $1,000 plus any final contingent coupon. If the final level is below the downside threshold, repayment is reduced proportionally to the underlier’s decline, potentially to zero. The estimated value on the pricing date is about $933.10 per $1,000 note, and all payments are subject to Morgan Stanley’s and MSFL’s credit risk.