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 offering principal-at-risk structured notes maturing on January 26, 2029. The securities pay a contingent coupon at 9.25% per year, but only when the iShares MSCI EAFE ETF, the Russell 2000 Index and the State Street Financial Select Sector SPDR ETF are all at or above their coupon barrier levels (70% of initial) on scheduled observation dates. Missed coupons can be paid later if all underliers recover above their barriers.
The notes are automatically called at par plus due coupons if, from January 2027 onward, all three underliers are at or above their 100% call thresholds on a redemption determination date. If not called, investors receive par at maturity only if each underlier finishes at or above its 70% downside threshold. If any finishes below its threshold, the payoff is reduced 1% for each 1% decline of the worst-performing underlier and can be zero. The estimated value is approximately $992 per $1,000 security, and all payments are unsecured obligations subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Trigger Callable Contingent Yield Notes linked to the worst performer among the S&P 500 Index, Russell 2000 Index and Nikkei Stock Average, maturing in January 2029 and fully guaranteed by Morgan Stanley. The notes aim to pay a quarterly contingent coupon at a rate of at least 11.25% per year if, on every index business day in a quarter, each index stays at or above 70% of its initial level.
Beginning April 21, 2026, the issuer may call the notes quarterly based on a risk-neutral valuation model; if called, investors receive principal plus any due coupon and no further payments. If not called and any index finishes below 60% of its initial level at maturity, repayment is reduced in line with the loss on the worst-performing index, and investors can lose most or all of their principal. Payments depend entirely on Morgan Stanley’s creditworthiness, and the securities are not listed or principal-protected.
Morgan Stanley Finance LLC is offering principal-at-risk Buffered Jump Securities with an auto-call feature due February 2, 2029, linked to the worst performer of the Dow Jones Industrial Average and the S&P 500 Index. Each security has a $1,000 stated principal amount and pays no interest. If on February 8, 2027 both indexes are at or above 100% of their initial levels, the notes auto-redeem for $1,100 and terminate.
If held to maturity and both final index levels exceed their initial levels, investors receive $1,000 plus an upside payment equal to 164.25% of the worst index’s gain. If at least one index is at or below its initial level but both stay at or above 85% of initial, investors receive only the $1,000 principal. If either index finishes below 85% of its initial level, principal is reduced 1% for each 1% decline beyond the 15% buffer, with a minimum payment of 15% of principal. The estimated value on the pricing date is approximately $978.30 per security, and the notes are unsecured, unlisted obligations guaranteed by Morgan Stanley.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Enhanced Buffered Jump Securities linked to the S&P 500® Futures Excess Return Index. Each note has a $1,000 stated principal amount, pays no interest, and matures on February 4, 2030.
At maturity, if the index’s final level is at or above 85% of its initial level, investors receive $1,000 plus the greater of the index return on $1,000 or a fixed upside payment of $293. If the final level is between 80% and 85% of the initial level, investors receive only the $1,000 principal. Below 80%, principal is reduced 1% for each 1% decline beyond the 20% buffer, with a minimum payment of 20% of principal.
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 $979.80 per security, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate.
Morgan Stanley Finance LLC is issuing principal-at-risk Jump Securities with an auto-call feature, linked to the worst performer of the SPDR S&P MidCap 400 ETF (MDY), the S&P 500 Index and the STOXX Europe 600 Index. The unsecured notes, fully and unconditionally guaranteed by Morgan Stanley, are scheduled to mature on January 24, 2031.
Each security has a stated principal amount of $1,000. If, on the first determination date in January 2027, all three underliers are at or above their call thresholds, the notes are automatically redeemed early for a fixed $1,195 per security and no further payments are made. If the notes remain outstanding to maturity and the final level of each underlier is above its initial level, investors receive $1,000 plus an upside payment equal to 200% of the gain of the worst performing underlier. If at least one underlier finishes below its downside threshold level, set at 75% of its initial level, investors lose 1% of principal for each 1% decline in the worst performer, up to a total loss.
The securities pay no interest, will not be listed on an exchange and all payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is approximately $949.80 per $1,000 security, reflecting issuance, selling, structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering contingent income auto-callable securities maturing in August 2027 linked to PayPal Holdings, Inc. common stock. Each $1,000 security pays a 13.50% per annum contingent coupon only if PayPal’s closing level on an observation date is at or above a coupon barrier set at 63% of the initial level.
The notes may be automatically redeemed on scheduled determination dates if PayPal’s stock is at or above a call threshold set at 100% of the initial level, paying back principal plus the applicable coupon. If not called, and the final level is at or above the downside threshold (also 63% of the initial level), investors receive principal back (plus any final coupon). If the final level is below the downside threshold, repayment is reduced 1% for each 1% decline in the stock, potentially to zero. The estimated value on the pricing date is approximately $979.50 per $1,000 security, reflecting issuance, structuring and hedging costs.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities due February 25, 2027, linked to the worst performer of three underliers: the S&P 500 Futures Excess Return Index, the State Street Utilities Select Sector SPDR ETF, and the Russell 2000 Index. Each security has a stated principal amount of $1,000 and pays no periodic interest.
At maturity, investors receive their $1,000 principal if the final level of each underlier is at or above its 90% buffer level, plus a digital payment of $120 (12% of principal) if each underlier is at or above 75% of its initial level. If any underlier finishes below its buffer, principal is reduced 1% for each 1% decline of the worst performer beyond the 10% buffer, with a minimum payment of 10% of principal. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and the estimated value on the pricing date is approximately $988.60 per security.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities due February 25, 2027, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes pay no interest and are linked to the worst performing of three underliers: the S&P 500 Futures Excess Return Index, the State Street Utilities Select Sector SPDR ETF and the Russell 2000 Index.
Each $1,000 security can pay a fixed digital amount of $117 (11.70%) at maturity if the final level of every underlier is at least 75% of its initial level. If each underlier is at or above 90% of its initial level, investors also receive full principal back; below that buffer, principal is reduced 1% for each 1% decline of the worst underlier, with a minimum payment of 10% of principal. The estimated value on the pricing date is about $986.20 per security, and the notes will not be listed, with secondary trading and pricing subject to Morgan Stanley’s credit, market factors and dealer spreads.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk notes linked to the S&P 500® Index that pay no interest and return a variable amount at maturity.
Each $1,000 security offers a fixed upside payment of $364 (a 36.40% gain) if the index finishes at or above its initial level. If the index is below the initial level but no lower than 80% of it, investors receive a positive return equal to the index’s percentage decline multiplied by a 400% absolute return rate, up to an effective 80% gain. Below the 80% buffer level, principal is reduced 1% for each 1% further decline, but not below 20% of principal.
The securities are unsecured obligations of MSFL, carry Morgan Stanley credit risk, are not insured by the FDIC, and will not be listed on any exchange, so liquidity may be limited. The estimated value on the pricing date is approximately $976.60 per $1,000, reflecting issuance, structuring and hedging costs and the issuer’s internal funding rate, and the tax treatment is described as uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Jump Securities with an auto-call feature linked to the worst performer of the State Street® Technology Select Sector SPDR® ETF (XLK) and the iShares® Semiconductor ETF (SOXX). Each security has a $1,000 stated principal amount and matures on January 17, 2031.
The notes may be automatically redeemed on January 25, 2027 if, on the first determination date, each ETF is at or above its initial level of $144.70 for XLK and $331.90 for SOXX, in which case investors receive a fixed $1,300 per security and no further payments. If not called, at maturity investors get their principal plus an upside payment equal to 140% of the gain of the worst-performing ETF, but only if both finish above their initial levels.
If either ETF ends at or below its initial level, the maturity payment is $1,000 multiplied by the performance factor of the worst performer, creating a 1-for-1 downside and potential total loss of principal. The estimated value on the pricing date is approximately $965.50 per security, reflecting structuring and hedging costs. The notes pay no interest, are unsecured, not listed, and all payments depend on Morgan Stanley’s creditworthiness.