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 principal-at-risk Contingent Income Memory Auto-Callable Securities due February 1, 2029, linked to Alphabet Inc. Class A common stock and fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and a contingent coupon at an annual rate of 11.00%, payable only when Alphabet’s closing level on an observation date is at or above a coupon barrier set at 70% of the initial level, with missed coupons potentially paid later if the barrier is subsequently met.
The notes may be automatically redeemed starting July 27, 2026 if Alphabet’s level is at least 100% of the initial level on specified redemption determination dates, paying principal plus the applicable coupon and any previously unpaid coupons, after which no further payments are made. If not called and at maturity the final level is at least 70% of the initial level, investors receive principal plus any due coupons; if it is below 70%, the payout is reduced 1% for each 1% decline, and can fall to zero. All payments depend on Morgan Stanley’s credit, and the estimated value on the pricing date is approximately $968 per $1,000 security, reflecting issuing, selling, structuring and hedging costs.
Morgan Stanley Finance LLC is offering Trigger PLUS, principal-at-risk notes due January 12, 2029, linked to the worst performer of the iShares Silver Trust and the SPDR Gold Trust. The securities pay no interest and do not guarantee any return of principal.
At maturity, if both underliers finish above their initial levels, investors receive $1,000 per security plus a leveraged upside payment of 232% of the worst performer’s gain. If either underlier is at or below its initial level but both remain at or above 80% of their initial levels, investors receive only the $1,000 principal. If either underlier ends below its 80% downside threshold, repayment is reduced 1% for every 1% decline in the worst performer and can be zero.
The estimated value on the pricing date is approximately $935.20 per $1,000 security, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, are not listed on any exchange, and expose investors to the credit risk of Morgan Stanley and to volatility and commodity risks in silver and gold.
Morgan Stanley Finance LLC is offering Dual Directional Trigger PLUS notes linked to the VanEck Gold Miners ETF, with an aggregate principal amount of $4,651,000 and a stated principal amount of $1,000 per note, fully and unconditionally guaranteed by Morgan Stanley.
The 18‑month notes provide 200% leveraged upside if the ETF closes above the initial share price of $86.84, capped at a maximum payment of $1,409.60. If the ETF falls by up to 20% (down to the trigger level of $69.472), investors receive a positive return equal to the absolute decline, up to 20%. Below the trigger level, principal is exposed one‑for‑one to losses, with no minimum repayment.
The notes pay no interest, are unsecured and not listed on any exchange, and all payments depend on Morgan Stanley’s credit. The estimated value on the pricing date is $949.00 per note, reflecting issuance, structuring and hedging costs borne by the buyer.
Morgan Stanley Finance LLC is offering $1,000,000 of market-linked, principal-at-risk securities tied to the iShares Bitcoin Trust ETF, maturing December 31, 2026 and fully guaranteed by Morgan Stanley. Each $1,000 security pays a contingent coupon of 12.85% per annum, but only if the ETF’s closing price on a monthly calculation day is at or above $29.628, which is 60% of the $49.38 starting price. After a six‑month non‑call period, the notes are automatically called at par plus coupon if the ETF is at or above the starting price on a calculation day. If the notes are not called and the ETF ends below the 60% downside threshold at final valuation, investors’ principal is reduced in full proportion to the ETF decline, with losses of more than 40% and potentially all of the investment. The issuer’s estimated value is $960 per security, below the $1,000 price due to issuance, structuring and hedging costs and internal funding assumptions.
Morgan Stanley Finance LLC is offering contingent income, memory, auto-callable securities due January 21, 2028, linked to the common stock of Tesla, Inc., and fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and does not guarantee repayment of principal.
Investors may receive a contingent coupon at an annual rate of 15.00% to 16.00%, but only when Tesla’s closing price on an observation date is at or above a coupon barrier set at 60% of the initial level; missed coupons can be paid later if the barrier is met. The notes can be automatically redeemed starting July 16, 2026 if Tesla is at or above 100% of the initial level, returning principal plus applicable coupons. If held to maturity and Tesla finishes below a downside threshold at 60% of the initial level, investors lose 1% of principal for each 1% decline in Tesla, up to a total loss. The estimated value on the pricing date is approximately $955.10 per $1,000 security due to embedded costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk callable contingent income securities due February 1, 2028, linked to the worst performer among the S&P 500, Nasdaq-100 and Russell 2000 indexes. Each $1,000 security pays a contingent coupon at an annual rate of 10.30% on scheduled dates only if all three indexes are at or above 75% of their initial levels on the relevant observation date; otherwise no coupon is paid.
The notes can be redeemed early, in whole, on specified redemption dates if a risk-neutral valuation model indicates it is economically rational for Morgan Stanley to call them. If the notes are not called and, at maturity, every index is at or above its 75% downside threshold, investors receive their $1,000 principal plus any final contingent coupon; if any index is below its threshold, repayment is reduced 1% for every 1% decline of the worst-performing index and can fall to zero. The estimated value on the pricing date is approximately $982.90 per $1,000 security, reflecting issuance, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering market-linked, principal-at-risk securities tied to the worst performer of Alphabet Class A, Broadcom and Amazon.com common stock, maturing on January 26, 2029. Each security has a $1,000 face amount, with an estimated value on the pricing date of about $946.10, reflecting issuing, selling, structuring and hedging costs borne by investors.
The notes are auto-callable on January 28, 2027 if the lowest-performing stock is at or above its call price, paying at least $1,285.50 per security (a minimum return of about 28.55%), after which no further payments are made. If not called, investors receive 150% of the positive return of the lowest-performing stock, full return of principal if that stock is down up to 20%, and lose 1-for-1 beyond the 20% buffer, for up to an 80% loss of principal. The securities pay no interest, pay no dividends, are not listed, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk structured notes linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, maturing on February 4, 2031, at an issue price of $1,000 per security. The notes may pay a contingent coupon at an annual rate between 11.50% and 12.50%, but only if the index closes at or above a set coupon barrier on scheduled observation dates; missed coupons can be "remembered" and paid later if the barrier is met. The securities are automatically callable from July 30, 2026 onward if the index is at or above a call threshold, returning principal plus the current and any previously unpaid coupons, after which no further payments are made.
If the notes are not called and the final index level is at or above a buffer level (85% of the initial level in the examples), investors receive principal back plus any due coupons; if it is below the buffer, principal is reduced 1% for each 1% decline beyond the buffer, subject to a minimum payment at maturity of 15% of principal. The estimated value on the pricing date is approximately $938.70 per $1,000 security, reflecting issuance, structuring and hedging costs and an internal funding rate advantageous to the issuer. The notes carry Morgan Stanley’s credit risk, are unsecured, will not be listed on an exchange, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering market-linked notes due January 31, 2030, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no periodic interest, and returns principal at maturity.
The maturity payment depends on the worst performing of the Dow Jones Industrial Average and the S&P 500 Index. If the final level of each index is above its initial level, holders receive $1,000 plus 100% of the percentage gain of the worst performer, capped at a maximum payment of $1,280 to $1,330 per note. If either index finishes at or below its initial level, investors receive only the $1,000 principal.
The notes are unsecured obligations subject to Morgan Stanley’s credit risk and will not be listed on any securities exchange. The estimated value on the pricing date is approximately $953.80 per note, reflecting issuer costs and an internal funding rate that may be more favorable to the issuer than secondary market levels.
Morgan Stanley Finance LLC is offering unsecured “Jump Notes” with an auto-callable feature linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, fully and unconditionally guaranteed by Morgan Stanley and maturing on February 1, 2033. The notes pay no interest and return the $1,000 stated principal amount at maturity, plus upside, if the final index level is above the initial level; otherwise only principal is repaid.
Starting January 27, 2027, the notes are automatically redeemed if the index is at or above the call threshold, for at least $1,085 on the first early redemption date, rising in steps to at least $1,510 by the sixth. The indicative estimated value on the pricing date is approximately $929.30 per note, below the issue price, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. Key risks include the lack of interest, capped upside if called, issuer credit risk, limited liquidity, tax complexity and the specialized, leveraged index with a 4% annual decrement and limited live history.