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 offering $2,813,000 of Digital S&P 500® Index-Linked Notes due November 23, 2027. Each note has a $1,000 face amount, pays no interest and is an unsecured, principal-at-risk obligation.
At maturity, if the S&P 500® final level is at least 82.50% of its initial level of 6,705.12, investors receive the maximum settlement amount of $1,136.20 per $1,000 note (113.62% of face value). If the index falls more than 17.50%, the payoff declines with a downside leverage factor of about 1.2121, and investors can lose up to their entire investment.
The notes are part of the Series A Global Medium-Term Notes program and will not be listed on any exchange. The estimated value on the trade date is $977.40 per note, below the $1,000 issue price due to structuring, hedging and distribution costs, including a 1.72% sales commission.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk, market-linked securities tied to the lowest performing of Alphabet Class A, Meta Class A and Amazon common stock, maturing on December 8, 2028.
The notes may be automatically called on December 10, 2026 if each stock is at or above its starting price, paying a call amount of at least $1,316 per $1,000 face value and then terminating with no further upside. If not called, at maturity investors get 350% of the positive return of the lowest performer if it finishes above its starting price, par if the lowest performer finishes between 50% and 100% of its start, and a 1-for-1 loss below the 50% threshold, which can mean losing most or all principal.
The securities pay no interest, provide no dividends, are not listed, and are subject to Morgan Stanley’s credit risk. The current estimated value is about $950.90 per $1,000, reflecting embedded structuring and hedging costs and an internal funding rate that is favorable to the issuer.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $4.25 million of Trigger Callable Contingent Yield Notes linked to the worst performer among the S&P 500, Russell 2000 and MSCI EAFE indices, maturing in November 2030.
The notes pay a 9.30% per annum contingent coupon (about $0.2325 per $10 note quarterly) only if all three indices stay at or above their 70% coupon barriers on each observation date. Starting February 27, 2026, the issuer may call the notes quarterly based on a risk‑neutral valuation model; if called, investors receive $10 plus any due coupon, with no further payments.
If the notes are not called and any index finishes below its 65% downside threshold at maturity, repayment is reduced one‑for‑one with the decline of the worst index, up to a total loss of principal. The notes are unsecured, subject to Morgan Stanley’s credit risk, not listed on any exchange, and were priced at $10 with an estimated value of $9.751 per note, reflecting issuance, structuring and hedging costs.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering fixed rate callable notes due December 17, 2032. Each note has a stated principal amount and issue price of $1,000 and pays a fixed annual interest rate of 4.450%, with interest paid semi-annually each June 17 and December 17 on a 30/360 basis.
The issuer can redeem the notes early, in whole but not in part, on December 17 each year starting in 2027. A redemption occurs only if a risk-neutral valuation model, run 13 months before a potential call date using market inputs and Morgan Stanley credit spreads, indicates that calling is economically rational for the issuer. Early redemption pays 100% of principal plus accrued interest but stops all future interest.
The notes are unsecured and subject to the credit risk of MSFL and Morgan Stanley, will not be listed on any exchange and may have limited or no secondary market. The estimated value on the pricing date is expected to be about $980.30 per note, below the issue price, reflecting internal funding and issuance, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC is offering principal-at-risk, contingent income “memory” auto-callable securities linked to the worst performing of FedEx and Apple stock, maturing on December 14, 2028. Each $1,000 note can pay a contingent coupon at an annual rate of 9.36%, but only if on each observation date both stocks close at or above their coupon barrier levels, set at 55% of the initial stock levels. Missed coupons can be paid later if both stocks recover above the barriers on a future observation date.
The notes may be automatically redeemed on scheduled redemption determination dates if both underliers are at or above their 100% call thresholds, returning principal plus due and unpaid coupons. If held to maturity without early redemption and either stock finishes below its 55% downside threshold, investors lose 1% of principal for every 1% decline in the worst performer, potentially losing their entire investment. The estimated value on the pricing date is approximately $968.70 per $1,000 note, reflecting embedded costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Contingent Income Memory Buffered Auto-Callable Securities linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index, maturing on December 23, 2030. Each security has a stated principal amount of $1,000 and pays a contingent coupon at 10.00% per annum only if, on each observation date, the index is at or above a coupon barrier set at 70% of the initial level; missed coupons can be paid later if the barrier is met.
The notes are auto-callable from June 18, 2026: if on any redemption determination date the index is at or above 100% of the initial level, investors receive principal plus the applicable contingent coupon and any unpaid coupons, and the notes terminate early. If held to maturity and the final index level is at or above an 85% buffer level, investors receive full principal back (plus any due coupons). If the final level is below the buffer, maturity payment is reduced 1% for each 1% decline beyond the 15% buffer, with a minimum payment of 15% of principal, meaning substantial loss of capital is possible.
The securities do not offer any upside participation in index gains and may pay few or no coupons if the index stays below the barrier. They are unsecured obligations of MSFL, subject to Morgan Stanley’s credit risk, will not be listed on an exchange and may have limited liquidity. The preliminary estimated value on the pricing date is approximately $918.10 per $1,000 security, reflecting issuer costs and an internal funding rate that is advantageous to Morgan Stanley.
Morgan Stanley is issuing $2,488,000 of fixed rate notes due November 26, 2031, with a stated principal amount and issue price of $1,000 per note. The notes pay fixed interest at 4.150% per annum, with interest accruing from November 26, 2025 and paid semi-annually on the 26th of May and November, starting May 26, 2026.
The estimated value of each note on the pricing date is $984.90, lower than the issue price because it reflects issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, are not listed on any securities exchange, and may have limited or no secondary market, which could result in sale prices significantly below par.
Proceeds will be used for general corporate purposes, and affiliated dealers may receive a fixed sales commission of $7.50 per note, except for sales into fee-based advisory accounts. The notes are not deposits or savings accounts and are not insured by the FDIC or any governmental agency.
Morgan Stanley is offering $1,061,000 of fixed rate notes due November 26, 2035, paying 4.500% per year on a semi-annual basis. Each note has a stated principal amount and issue price of $1,000, with interest paid every May 26 and November 26, starting May 26, 2026, using a 30/360 day-count convention.
The notes are unsecured senior debt and all payments depend on Morgan Stanley’s credit; if the company cannot meet its obligations, investors could lose some or all of their investment. The notes will not be listed on any securities exchange, so secondary market liquidity may be limited and prices may be below the issue price.
The estimated value on the pricing date is $971.10 per note, below the issue price because it reflects an internal funding rate and includes issuing, selling, structuring and hedging costs borne by investors. Dealers generally receive a $15 sales commission per note, and fee-based advisory accounts pay $985 per note. Morgan Stanley expects to use the proceeds for general corporate purposes.
Morgan Stanley is issuing fixed rate notes with an aggregate principal amount of $1,510,000, paying a fixed interest rate of 4.350% per year and maturing on November 25, 2033. Each note has a stated principal amount and issue price of $1,000, with semi-annual interest payments every May 25 and November 25, starting May 25, 2026. The notes are unsecured debt obligations, and all payments depend on Morgan Stanley’s credit; a default could result in loss of principal and interest.
The notes will not be listed on any securities exchange, so secondary market liquidity may be limited and resale prices may be below the issue price. Morgan Stanley estimates the value of each note on the pricing date at $977.80, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer. Selected dealers receive a $12 sales commission per note (none for fee-based advisory accounts, where the price to the public is $988 per note). Proceeds will be used for general corporate purposes.
Morgan Stanley is issuing fixed rate notes with an aggregate principal amount of $1,669,000, maturing on November 26, 2030. Each note has a stated principal amount and issue price of $1,000 and pays a fixed interest rate of 4.000% per year, with interest paid semi-annually on the 26th of May and November, starting May 26, 2026. At maturity, holders receive $1,000 per note plus any accrued and unpaid interest, subject to Morgan Stanley’s credit risk.
The estimated value of each note on the pricing date is $986.40, reflecting issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes will not be listed on any securities exchange, and any secondary market trading will depend mainly on Morgan Stanley & Co. LLC, which is not obligated to make a market. Proceeds will be used for general corporate purposes, and these unsecured notes are not bank deposits or FDIC insured.