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 issuing Callable Contingent Income Securities linked to NVIDIA common stock, with a stated principal amount of $1,000 per security and an aggregate principal of $510,000, maturing on December 21, 2027.
Investors may receive a contingent coupon at an annual rate of 17.90%, but only if NVIDIA’s closing price on each observation date stays at or above the coupon barrier of $106.632, which is 60% of the initial level of $177.72. The notes can be called in whole on specified redemption dates if a risk-neutral valuation model indicates it is economically rational for the issuer, ending all future payments.
If not redeemed and the final NVIDIA level is at or above the downside threshold of $106.632, investors receive their principal back plus any final contingent coupon. If the final level is below this threshold, repayment is reduced in full proportion to the decline and can fall to zero. The estimated value on the pricing date is $986.70 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Trigger PLUS structured notes linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, with a total offering of $9,275,000, matures on December 19, 2030, pays no interest and does not guarantee return of principal.
At maturity, if the index finishes above the initial level of 5,717.83, investors receive $1,000 plus 300% of the index gain, capped at a maximum payment of $1,774.60 per security. If the final level is at or below the initial level but at or above the downside threshold of 4,288.373 (75% of the initial level), investors receive only $1,000. If the index closes below the downside threshold, repayment is reduced 1% for each 1% decline, and the payout can fall to zero.
The securities are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on any exchange and may have limited liquidity. The estimated value on the pricing date is $963.80 per security, below the $1,000 issue price due to internal funding and issuance, selling, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC is offering $1,935,000 of Trigger Performance Leveraged Upside Securities, or Trigger PLUS, linked to the S&P 500® Futures Excess Return Index, maturing on December 19, 2030. Each unsecured note has a $1,000 denomination and is fully and unconditionally guaranteed by Morgan Stanley but pays no interest and does not guarantee return of principal.
At maturity, if the index finishes above the initial level of 554.39, investors receive $1,000 plus 182.50% of the index gain. If the final level is between 70% and 100% of the initial level (at or above the 388.073 downside threshold), investors receive only the $1,000 principal. Below the downside threshold, repayment falls 1% for each 1% index decline and can drop to zero. The notes are not listed on an exchange, the estimated value on the pricing date is $941.40 per note, and returns depend on both index performance and Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering contingent income auto-callable securities due December 29, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays a contingent coupon at an annual rate of 7.85%, but only if on each observation date the Nasdaq-100 Index®, S&P 500® Index and Russell 2000® Index are all at or above their coupon barrier levels, set at 70% of initial levels.
The notes can be automatically redeemed starting June 23, 2026 if all three indices are at or above 100% of their initial levels, returning principal plus the applicable coupon. If not called and at maturity any index finishes below its 70% downside threshold, investors lose 1% of principal for each 1% decline of the worst-performing index and could lose their entire investment. The estimated value on the pricing date is approximately $968.90 per security, the notes are unsecured, subject to Morgan Stanley’s credit risk and will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $1,617,000 of Buffered Digital MSCI EAFE® Index-Linked Notes due November 19, 2027. These unsecured, principal-at-risk securities pay no interest and are tied to the MSCI EAFE® Index from the December 16, 2025 trade date to the November 17, 2027 determination date.
For each $1,000 note, if the index finishes at or above 87.50% of its initial level, investors receive a fixed $1,151.20 (115.12% of face value). If the index falls more than 12.50%, repayment drops according to a formula using a buffer rate of approximately 114.29%, and investors can lose up to their entire investment. The initial index level is 2,854.21, and the issuer’s estimated value on the trade date is $996.00 per note. The notes will not be listed and secondary liquidity may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Digital Notes linked to the S&P 500® Index. The notes pay no interest and return at maturity depends entirely on index performance from the trade date to the determination date, expected to be about 21–24 months later.
If the S&P 500® final level is at least 87.50% of its initial level, investors receive a fixed Maximum Settlement Amount expected between $1,133.00 and $1,156.40 per $1,000 face amount. If the index falls more than 12.50%, repayment is reduced using a downside factor of approximately 114.29%, and investors can lose all of their principal. The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, not FDIC-insured, and the estimated value on the trade date is approximately $993.50 per note.
Morgan Stanley Finance LLC is offering callable contingent income securities due December 21, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $827,000. The notes pay a contingent coupon at 13.35% per annum, but only if on each observation date the closing level of all three underliers—the Technology Select Sector SPDR Fund (XLK), Utilities Select Sector SPDR Fund (XLU) and Nasdaq-100 Technology Sector Index (NDXT)—is at or above its coupon barrier level set at 80% of the initial level.
Principal repayment is not guaranteed. If the notes are not called and on the final observation date any underlier is below its downside threshold level set at 70% of its initial level, investors lose 1% of principal for each 1% decline in the worst-performing underlier, potentially losing the entire investment. The notes are callable in whole from December 21, 2026 onward if a risk neutral valuation model indicates early redemption is economically rational for the issuer. The estimated value on the pricing date is $983.30 per security, below the issue price, reflecting issuing, selling, structuring and hedging costs.
Morgan Stanley Finance LLC is offering "Jump Securities" with an auto-call feature linked to the worst performer of the Russell 2000® Index and EURO STOXX 50® Index. Each security has a stated principal amount of $1,000, with a total offering of $4,370,000.
The notes can be automatically redeemed on scheduled determination dates if both indices are at or above their call threshold levels, paying an early redemption amount that targets about 11.60% per year and then terminating. If held to maturity and both indices finish at or above their call thresholds, investors receive $1,580 per security; if at least one index is below its call threshold but both stay above a 75% downside threshold, only principal is returned.
If at maturity either index closes below its downside threshold, repayment is reduced 1% for every 1% decline in the worst-performing index, and the payoff can fall to zero. The securities pay no interest, are unsecured obligations of MSFL guaranteed by Morgan Stanley, and had an estimated value on the pricing date of $960.70 per $1,000 security.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Contingent Income Memory Auto-Callable Securities due December 19, 2030 linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index. Each security has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $893,000 and an estimated value on the pricing date of $895.10 per security.
Investors may receive a contingent coupon at 11.75% per annum, but only if the index closes on or above the coupon barrier level of 2,062.529 (70% of the initial level) on the relevant observation date; missed coupons can be paid later if conditions are met. The notes are auto-callable quarterly starting December 16, 2026 if the index is at or above the call threshold level of 2,946.47, returning principal plus due coupons.
If not called, at maturity investors receive principal back only if the final index level is at or above the downside threshold of 1,767.882 (60% of the initial level). Below that level, repayment is reduced 1% for each 1% index decline, potentially to zero. The securities are unsecured, not insured, involve complex index and tax features, and carry both market and Morgan Stanley credit risk.
Morgan Stanley Finance LLC is issuing callable contingent income securities linked to the Class A common stock of Palantir Technologies Inc., with an aggregate principal amount of $1,689,000 and a stated principal of $1,000 per security. Investors may receive a contingent coupon at an annual rate of 27.50%, but only when Palantir’s closing price is at or above the coupon barrier of $112.65, which is 60% of the initial level of $187.75. The downside threshold is the same level, so if the notes are not redeemed early and the final stock price falls below $112.65, principal is reduced 1% for each 1% decline in the stock and can be reduced to zero.
The notes are callable in whole on specified redemption dates if a risk-neutral valuation model indicates it is economically rational for Morgan Stanley to redeem, which tends to occur when continued coupons would be costly to the issuer. The estimated value on the pricing date is $981.70 per security, below the $1,000 issue price, reflecting structuring and hedging costs and the issuer’s internal funding rate. The securities are unsecured obligations of Morgan Stanley Finance LLC, fully and unconditionally guaranteed by Morgan Stanley, and will not be listed on any securities exchange.