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 Contingent Income Memory Auto-Callable Securities linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a stated principal amount and issue price of $1,000, for an aggregate principal amount of $166,000.
The notes offer a contingent coupon at an annual rate of 10.50%, payable only when the index closes at or above the coupon barrier level of 789.425 on scheduled observation dates. The notes may be automatically redeemed on specified redemption determination dates if the index closes at or above the call threshold level of 1,127.75, returning principal plus due contingent coupons.
If not called, and at maturity on November 29, 2030 the index is at or above the downside threshold level of 676.65, investors receive principal plus any payable coupons. If the final index level is below this threshold, repayment is reduced 1% for each 1% index decline, and the maturity payment could be zero. The estimated value on the pricing date is $903.40 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Contingent Income Memory Buffered Auto-Callable Securities linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a stated principal amount of $1,000, issue price of $1,000, and total aggregate principal of $9,289,000.
The notes can pay a contingent coupon at 10.00% per year, but only when the index closes on an observation date at or above the coupon barrier level of 789.425 (70% of the initial level of 1,127.75). Missed coupons may be paid later if the barrier is met on a future observation date, but investors may receive few or no coupons over the term.
The securities are auto-callable quarterly starting on November 24, 2026 if the index is at or above the call threshold of 1,127.75, in which case investors receive principal plus the applicable coupon(s) and the note terminates. At maturity in November 2030, if not called and the final index level is at or above the buffer level of 958.588 (85% of initial), investors receive full principal; below that, they lose 1% of principal for each 1% index decline beyond the 15% buffer, with a minimum payment of 15% of principal.
The notes are unsecured, not listed on an exchange, and subject to Morgan Stanley’s credit risk. The estimated value on the pricing date is $906.50 per $1,000, reflecting embedded costs including the fixed sales commission of $43.50 per security.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $3,633,300 of Trigger Absolute Return Step Securities linked to a weighted basket of five international equity indices (EURO STOXX 50, Nikkei 225, FTSE 100, Swiss Market Index and S&P/ASX 200). The notes have a $10 issue price, an estimated value of $9.499 on the trade date and a term of about five years, maturing in November 2030.
If the Basket Return at maturity is at or above the 100 Step Barrier, investors receive principal plus the greater of a 39.00% Step Return or the Basket Return. If the final basket level is below the Step Barrier but at or above the 75 Downside Threshold, investors receive principal plus the absolute value of the Basket Return. If the basket finishes below the Downside Threshold, repayment is reduced in line with the negative Basket Return, up to total loss of principal.
The notes pay no interest or dividends, are unsecured and unsubordinated, and all payments depend on Morgan Stanley's credit. They will not be listed on any exchange, and secondary market liquidity and pricing are uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $9,826,210 of Trigger Step Securities linked to the least performing of the S&P 500® Index and the EURO STOXX 50® Index, maturing on November 27, 2030. Each Security has a $10 principal amount and a term of about five years.
If on the final valuation date both indices are at or above their respective Step Barriers (set at 100% of initial level for each index), investors receive $10 plus the greater of a fixed 61.00% Step Return or the actual percentage gain of the least performing index. If at least one index is below its Step Barrier but both stay at or above the Downside Thresholds (75% of initial levels), investors receive only their $10 principal back.
If either index closes below its Downside Threshold, repayment is $10 plus the full negative return of the least performing index, so investors can lose a substantial portion or all of their principal. The Securities pay no interest or dividends, are unsecured, subject to Morgan Stanley’s credit risk, and will not be listed on any exchange. The issue price is $10, including fees and hedging costs, while the estimated value at pricing is $9.51 per Security, and proceeds to the issuer are $9.65 per Security before hedging.
Morgan Stanley Finance LLC is offering $14,940,850 of Trigger Autocallable Notes linked to the Russell 2000® Index, fully and unconditionally guaranteed by Morgan Stanley. These are unsecured, unsubordinated principal-at-risk debt securities priced at $10 per Security, with an estimated value on the trade date of $9.651.
The notes have a term of approximately five years, maturing on November 29, 2030, and can be automatically called quarterly beginning November 30, 2026 if the index closes at or above the initial level of 2,465.979. If called, investors receive $10 plus a fixed Call Return based on an 8.90% per‑annum rate; by the final observation date, the Call Return reaches 44.50%, for a $14.45 payout per $10.
If the notes are not called and the final index level is below the initial level but at or above the Downside Threshold of 1,849.484 (75% of the initial level), investors receive only their $10 principal. If the final level is below the Downside Threshold, repayment is $10 × (1 + index return), exposing holders to the full downside of the Russell 2000® and potentially a total loss. The notes pay no interest, do not participate in any index appreciation, are not exchange-listed, and all payments depend on Morgan Stanley’s creditworthiness. The price to the public is $10, including a $0.25 per Security sales commission; proceeds to the issuer are $9.75 per Security.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $1,500,000 of Digital S&P 500® Index-Linked Notes due December 3, 2032. Each note has a $1,000 face amount, pays no interest and is subject to full principal risk.
The notes provide a digital payoff linked to the S&P 500® Index. If on the determination date the index is at or above 85% of the initial level of 6,705.12, investors receive the Maximum Settlement Amount of $1,577.10 per $1,000 note (157.71% of face value). If the index has fallen by more than 15%, investors receive $1,000 plus $1,000 times the index return, resulting in losses that can reach 100% of principal.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and are not FDIC-insured or listed on an exchange. The estimated value on the trade date is $919.10 per note, below the $1,000 issue price, reflecting issuing, selling, structuring and hedging costs. The price to the public is $1,000 per note, with a 5.00% sales commission, yielding $1,425,000 in proceeds to the issuer.
Morgan Stanley Finance LLC is issuing $2,590,500 of Trigger Autocallable GEARS, unsecured notes linked to a 20‑stock healthcare and insurance basket, fully guaranteed by Morgan Stanley. Each Security has a $10 issue price, with an estimated value on the trade date of $9.570, reflecting structuring and hedging costs borne by investors.
The notes may be automatically called on December 2, 2026 if the basket is at or above 100% of its initial level, paying $10.85 per Security based on an 8.50% per annum call return. If not called, positive basket performance at maturity in November 2030 is multiplied by 1.40 upside gearing.
Principal is at risk: if the final basket level is below the 75% downside threshold, repayment falls one‑for‑one with the basket decline, up to total loss, and no interest or dividends are paid. All payments depend on Morgan Stanley’s creditworthiness, and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $3,707,000 of Digital EURO STOXX 50® Index-Linked Notes due January 14, 2028. These unsecured notes pay no interest and return depends entirely on the EURO STOXX 50® Index level on January 12, 2028.
For each $1,000 note, if the final index level is at least 85% of the initial 5,528.67 level, holders receive a fixed $1,187.20, equal to 118.72% of face value. If the index falls more than 15%, repayment is reduced using a leverage factor of about 1.1765 on losses below the 85% threshold, and investors can lose their entire principal.
The notes’ estimated value on the trade date is $993.60 per $1,000, reflecting issuer costs and an internal funding rate that is advantageous to the issuer. The notes will not be listed on any exchange, secondary trading may be limited, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk trigger autocallable notes linked to the S&P 500®, Dow Jones Industrial Average℠ and Russell 2000®, maturing on December 1, 2032.
The notes may be automatically called on quarterly Observation Dates beginning December 3, 2026 if each index is at or above its Redemption Threshold (generally 95% of its Initial Underlying Value), paying $10 plus a fixed Call Return based on a 10.20% per-annum Call Return Rate, up to a 71.40% Call Return at final call.
If not called and the Final Underlying Value of each index is at or above its Downside Threshold (generally 75% of its initial level) but below its Redemption Threshold, investors receive only the $10 principal. If any index finishes below its Downside Threshold, repayment is $10 × (1 + Underlying Return of the Least Performing Underlying), which can result in a substantial or total loss of principal. The notes pay no interest, offer no participation in index gains, are unsecured, not listed, and all payments depend on Morgan Stanley’s creditworthiness. The estimated value on the Trade Date is approximately $9.829 per $10 note.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering trigger autocallable notes linked to the least performing of the S&P 500® Equal Weight Index, Dow Jones Industrial Average℠ and Russell 2000® Index, maturing on December 1, 2031 unless called earlier. The notes pay no interest and can be automatically called quarterly beginning December 3, 2026 if each index is at or above its Redemption Threshold (about 92% of its Initial Underlying Value), in which case investors receive $10 principal plus a fixed Call Return based on a 10.00% per annum rate.
If the notes are not called and, on the final observation date, at least one index is below its Redemption Threshold but all three are at or above their Downside Thresholds (about 75% of initial), investors receive only the $10 principal. If any index finishes below its Downside Threshold, repayment is $10 times 1 plus the return of the least performing index, so principal losses match the full decline of that index and can reach 100%. The issue price is $10 per note and the estimated value on the trade date is approximately $9.878, reflecting issuing, structuring and hedging costs. All payments depend on Morgan Stanley’s credit, and the notes will not be listed on any exchange.