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 issuing fixed-income buffered auto-callable securities linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and a 6.55% annual fixed coupon, with an aggregate principal amount of $2,671,000. The notes can be automatically redeemed beginning November 24, 2026 if the index level is at or above 100% of the initial level, paying principal plus the coupon for that period.
If held to November 29, 2030 and not previously redeemed, investors receive principal back only if the final index level is at or above the 15% buffer (buffer level 958.588 vs initial 1,127.75). Below the buffer, principal is reduced 1% for each 1% further decline, but not below 15% of principal. The estimated value on the pricing date is $918.40 per $1,000, reflecting issuance, structuring and hedging costs, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing $500,000 of Contingent Income Memory Auto-Callable Securities linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index, fully and unconditionally guaranteed by Morgan Stanley. The notes have a stated principal amount of $1,000 per security, mature on November 29, 2030, and pay a contingent coupon at an annual rate of 13.25% only if the index is at or above the 70% coupon barrier on each observation date. The notes may be automatically redeemed early if the index is at or above the 100% call threshold, returning principal plus any due coupons. If held to maturity and the final index level is below the 50% downside threshold, investors lose 1% of principal for each 1% decline in the index, potentially losing their entire investment. The estimated value on the pricing date is $939.60 per security, reflecting issuance, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC is issuing Dual Directional Trigger PLUS notes linked to the EURO STOXX 50® Index, with an aggregate principal amount of $4,208,000 at $1,000 per security. The notes pay no interest and do not guarantee return of principal. At maturity in November 2030, investors get leveraged upside of 130% of index gains, a positive "dual directional" return for index declines down to the downside threshold, and full exposure to losses if the index finishes below that threshold.
The initial index level is 5,528.67 and the downside threshold is 60% of that level, or 3,317.202. The maximum positive return in the absolute-return range is effectively capped at 40%. The estimated value on the pricing date is $954.50 per security, below the $1,000 issue price due to issuing, selling, structuring and hedging costs and the issuer’s internal funding rate. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, subject to their credit risk, and will not be listed on any securities exchange.
Morgan Stanley Finance LLC is offering $1,107,000 of Trigger PLUS structured notes linked to the worst performer of the S&P 500 Index and Russell 2000 Index. Each $1,000 security pays no interest and offers 120% leveraged upside if both indexes finish above their initial levels on the observation date of November 24, 2028.
If either index is at or below its initial level but both stay at or above 75% of their initial levels, investors receive only the $1,000 principal. If either index falls below its 75% downside threshold, repayment is reduced 1% for every 1% decline in the worst-performing index, with no minimum, so the maturity payment can be zero.
The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and will not be listed on any exchange. The issue price is $1,000 per security, while the estimated value on the pricing date is $948.70, reflecting upfront selling, structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is offering callable contingent income memory securities linked to the Class A common stock of Palantir Technologies Inc., fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000, with an aggregate principal amount of $450,000, and an issue price of $1,000 per security.
The notes pay a contingent coupon at an annual rate of 20.00%, but only when the Palantir share price on an observation date is at or above the coupon barrier of $81.125, which is 50% of the initial level of $162.25. Missed coupons can be paid later if the barrier is met, but can be lost entirely if it never is. The notes are callable on set redemption dates if a risk-neutral valuation model shows it is economically rational for Morgan Stanley to redeem.
At maturity on November 30, 2027, if not redeemed early and the final Palantir price is at or above the downside threshold of $81.125, investors receive back principal plus any due coupons. If the final price is below that threshold, repayment is reduced 1% for every 1% decline in the stock from the initial level, potentially resulting in a total loss. The securities are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and had an estimated value on the pricing date of $981.20 per security, below the issue price because of issuing, selling, structuring and hedging costs.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Callable Contingent Income Securities due May 27, 2027 linked to the worst performer of the S&P 500® Index, Nasdaq-100® Technology Sector IndexSM and Russell 2000® Index. Each security has a $1,000 stated principal amount and an aggregate principal of $150,000, with an original issue price of $1,000 and an estimated value on the pricing date of $950.20.
The notes pay an 8.00% per annum contingent coupon only if, on each observation date, all three indices are at or above their coupon barrier levels (80% of initial levels). Principal is at risk: if at maturity any index is below its downside threshold (70% of its initial level), repayment is reduced 1% for each 1% decline of the worst-performing index and can fall to zero.
The notes are callable in whole from May 29, 2026 onward if a risk-neutral valuation model indicates early redemption is economically rational for the issuer. They are unsecured obligations subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and may have limited or no secondary market liquidity. U.S. tax treatment is uncertain and may be adverse, particularly for non-U.S. investors facing potential 30% withholding on coupons.
Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable jump securities due November 29, 2030, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and issue price, within a total aggregate principal amount of $226,000, and is linked to the worst performer of the S&P 500® Index, Nasdaq-100® Technology Sector IndexSM and Russell 2000® Index.
The notes may be automatically redeemed on December 2, 2026 for $1,170 per security if on November 27, 2026 each index is at or above its initial level. If not called, at maturity investors receive principal plus a 150% participation in the gain of the worst-performing index if all three finish above their initial levels, only principal if all stay at or above 70% of their initial levels, and a loss of 1% of principal for each 1% decline of the worst performer below that 70% downside threshold, potentially losing the entire investment.
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 $928.40 per security, below the $1,000 issue price due to embedded issuing, selling, structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is offering Jump Notes linked to the BlackRock Adaptive U.S. Equity 5% Index, fully and unconditionally guaranteed by Morgan Stanley. Each note has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $100,000, and pays no periodic interest.
At maturity on November 29, 2030, if the index’s final level is at or above the initial level of 1,090.12, investors receive $1,312.50 per note, reflecting a fixed upside payment of $312.50, or 31.25% of principal. If the final level is below the initial level, investors receive only the $1,000 principal, so downside is limited to foregone return rather than loss of principal at maturity.
The notes’ estimated value on the pricing date is $926.20 per note, lower than the issue price because it includes issuing, selling, structuring and hedging costs and uses an internal funding rate. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, will not be listed on any securities exchange, and secondary market liquidity and pricing may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering market-linked notes tied to the VanEck® Gold Miners ETF with an aggregate principal amount of $3,000,000. The notes are issued at $1,000 per note, pay no periodic interest and mature on November 29, 2030.
At maturity, investors receive $1,000 plus a performance-based amount if the ETF’s final level is above the initial level of $77.96, subject to a maximum payment of $1,630 per note (163% of principal). If the final level is at or below the initial level, only principal is repaid. The participation rate is 100%, and the estimated value on the pricing date is $953.10 per note, reflecting structuring and distribution costs.
The notes are unsecured obligations of Morgan Stanley Finance LLC, guaranteed by Morgan Stanley, are not listed on any exchange, and all payments depend on Morgan Stanley’s credit. Investors face capped upside, no current income, potential illiquidity and risks specific to gold and silver mining equities tracked by the VanEck® Gold Miners ETF.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing $1,500,000 of Buffered Jump Securities linked to the MSCI Emerging Markets Index, at $1,000 per security. These are principal-at-risk notes with no interest payments and an automatic early redemption feature.
The notes auto-call on December 7, 2026 if the index is at or above 1,342.10, paying $1,099 per security and then terminating. If held to November 30, 2027 and the final index level is above the initial 1,342.10, holders receive principal plus 125% of the index gain. If the final level is between the initial level and the 15% buffer (down to 1,140.785), investors receive only principal.
Below the buffer, losses are amplified: investors lose 1.1765% of principal for each 1% index decline beyond 15%, and the payment can fall to zero. The estimated value on the pricing date is $975.60 per security, below the $1,000 issue price, reflecting embedded costs and Morgan Stanley’s internal funding rate. The notes are unsecured, subject to Morgan Stanley’s credit, and will not be listed on any exchange.