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 August 17, 2029, linked to the common stock of Micron Technology, Inc., and fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, but principal is at risk and not guaranteed.
Investors may receive a 30.00% per annum contingent coupon, paid only if Micron’s closing level on each observation date is at or above a coupon barrier set at 50% of the initial level. The notes are subject to automatic early redemption on specified dates if the stock closes at or above a call threshold equal to 100% of the initial level, in which case holders receive $1,000 plus the applicable coupon and no further payments.
If the notes are not called and the final level is at or above the downside threshold (50% of the initial level), investors receive $1,000 plus any final coupon; if below, repayment is reduced in proportion to the stock’s decline, potentially to zero. All payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is approximately $957.90 per $1,000 security, reflecting issuance, selling, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC is offering zero-coupon Jump Notes with an auto-call feature due August 29, 2031, fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured and all payments depend on Morgan Stanley’s credit.
The notes are linked to the worst performing of AMD, Alphabet Class A and Meta Class A. On August 29, 2028, if the closing level of each stock is at least 90% of its initial level, the notes are automatically redeemed for $1,400 per $1,000 note, and no further payments are made. If not called, then at maturity investors receive the $1,000 principal plus an upside payment equal to 125% of the percentage gain of the worst-performing stock if all three final levels exceed their initial levels; otherwise they receive only the $1,000 principal.
The notes pay no interest, will not be listed on any exchange and may have limited secondary liquidity. The estimated value on the pricing date is approximately $933.20 per note, below the $1,000 issue price due to issuing, selling, structuring and hedging costs. For U.S. tax purposes, the issuer intends to treat the notes as contingent payment debt instruments, requiring accrual of taxable interest income over the life of the notes.
Morgan Stanley Finance LLC is issuing principal at risk structured notes linked to the Class C common stock of Dell Technologies Inc., fully and unconditionally guaranteed by Morgan Stanley, maturing on September 2, 2027. Each security has a $1,000 face amount.
At maturity, if Dell’s ending stock price is at least the threshold price, set at 60% of the starting price, investors receive $1,000 plus a contingent fixed return of at least 40% of face (at least $400 per security), regardless of how much the stock has risen. If the ending price is below the threshold, the payoff becomes $1,000 plus $1,000 times the underlying return, giving 1‑to‑1 downside exposure to Dell’s share decline and potentially resulting in a loss of more than 40%, up to total loss of principal.
The price to the public is $1,000 per security, with agent commissions of $23.25 and proceeds to the issuer of $976.75 per security. Morgan Stanley estimates the initial value at about $947 per security. The notes pay no interest, provide no Dell dividends or voting rights, are subject to Morgan Stanley’s credit risk, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering Trigger Autocallable Contingent Yield Notes linked to United Parcel Service, Inc. Class B shares, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $10 principal amount, an approximate 1-year term, and principal is at risk.
The notes pay a 9.75% per annum contingent coupon (about $0.24375 per quarter) only if UPS closes at or above the Coupon Barrier of $70.01 (65% of the $107.70 Initial Price) on the relevant Observation Date. Starting November 5, 2026, the notes are automatically called if UPS closes at or above the Initial Price, returning principal plus that period’s coupon.
If not called, and the Final Price is at or above the Downside Threshold of $70.01 on August 9, 2027, investors receive principal plus the final coupon. If the Final Price is below the Downside Threshold, repayment is $10 × (1 + Share Return), exposing investors to a proportional loss of principal, potentially to zero. The estimated value on the trade date is approximately $9.809 per $10 note, and all payments depend on Morgan Stanley’s creditworthiness.
Morgan Stanley Finance LLC is offering Buffered PLUS with Downside Factor, principal-at-risk structured notes linked to the iShares MSCI Emerging Markets ETF, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and does not guarantee any return of principal.
At maturity on August 10, 2029, if the ETF’s final level is above its initial level, investors receive $1,000 plus 150% of the ETF’s gain, capped at a maximum payment of $1,581 per security (158.10% of principal). If the final level is at or below the initial level but at or above the 80% buffer level, investors receive only the $1,000 principal. If the final level falls below the buffer, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment, so the entire investment can be lost.
The original issue price includes structuring and hedging costs, so the estimated value on the pricing date is $969.80 per security. All payments depend on the credit of Morgan Stanley Finance LLC and Morgan Stanley, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC is offering Buffered PLUS notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and matures on September 5, 2031.
At maturity, if the index is above its initial level, investors receive principal plus 187% of the index gain. If the index is between the initial level and the buffer level (70% of initial), investors receive only principal. Below the 70% buffer, investors lose 1% of principal for each 1% further index decline, but not below 30% of principal.
The estimated value on the pricing date is approximately $970.70 per $1,000 security, reflecting issuing, selling, structuring and hedging costs. Payments depend entirely on Morgan Stanley’s and MSFL’s credit, market value may be volatile and illiquid, and U.S. tax treatment is described as a prepaid financial contract with meaningful uncertainty.
Morgan Stanley Finance LLC is offering Jump Securities with an auto-callable feature due August 19, 2031, linked to the Russell 2000® Index, and fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an issue price of $1,000, but principal is at risk and no periodic interest is paid.
The notes may be automatically redeemed on August 26, 2027 if, on the August 23, 2027 determination date, the index is at or above the call threshold, paying an early redemption amount of $1,125 per security and terminating further payments. If held to maturity and the final index level is above the initial level, investors receive $1,000 plus an upside payment equal to 125% of the index gain. If the final level is at or below the initial level but at or above 75% of the initial level, only the $1,000 principal is repaid. If the final level is below 75% of the initial level, investors lose 1% of principal for each 1% index decline, up to a total loss of principal.
The estimated value on the pricing date is approximately $959.10 per security, reflecting issuance, selling, structuring and hedging costs and the issuer’s funding rate. Payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and the securities may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering Buffered PLUS with Downside Factor notes linked to the State Street® Consumer Discretionary Select Sector SPDR® ETF, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest, and matures on August 10, 2029.
At maturity, if the ETF’s final level is above its initial level, holders receive principal plus 150% of the ETF’s price appreciation, capped at a maximum payment of $1,431 per security (143.10% of principal). If the final level is between the initial level and the 80% buffer level, investors receive only the $1,000 principal. Below the buffer, losses are magnified: investors lose 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment, so the entire investment can be lost.
The estimated value on the pricing date is approximately $972.70 per security, below the $1,000 issue price, reflecting structuring and hedging costs. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, offer limited upside due to the cap, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering Buffered PLUS with Downside Factor notes linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and does not guarantee return of principal.
At maturity in August 2031, if the index is above its initial level, investors receive principal plus a leveraged upside based on a 186.36% leverage factor. If the index is at or below the initial level but at or above the 90% buffer level, investors receive only principal. Below the buffer, losses increase at a 1.1111% rate for each 1% decline beyond the 10% buffer, with no minimum payment and potential loss of the entire investment.
The securities are unsecured obligations subject to the credit risk of MSFL and Morgan Stanley. The estimated value on the pricing date is approximately $955.80 per security, reflecting issuance, selling, structuring and hedging costs and a rate advantageous to the issuer. Secondary market liquidity and pricing may be limited and influenced primarily by Morgan Stanley & Co. LLC.
Morgan Stanley Finance LLC is offering auto-callable Jump Notes due August 29, 2031, fully and unconditionally guaranteed by Morgan Stanley. The unsecured notes are linked to the worst performing of Alphabet Class A, Meta Class A and NVIDIA common stock and pay no interest.
Each note has a $1,000 stated principal amount and issue price, with an estimated value on the pricing date of approximately $936.80. On August 29, 2028, if each underlier’s closing level is at least 90% of its initial level, the notes are automatically redeemed for an early redemption payment of $1,282 per note and then terminate.
If not called, at maturity investors receive $1,000 plus an upside payment equal to $1,000 × 125% × the percentage increase of the worst performing underlier, provided the final level of each underlier exceeds its initial level; otherwise only principal is repaid. The notes will not be listed, secondary liquidity may be limited, all payments are subject to Morgan Stanley’s credit risk, and U.S. holders are expected to treat the notes as contingent payment debt instruments for tax purposes.