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 auto-callable securities due November 29, 2028, linked to the iShares Bitcoin Trust ETF. Each security has a $1,000 stated principal amount and a 20.00% per annum contingent coupon, paid only if the ETF’s closing level is at or above the coupon barrier on each observation date.
The initial level of the ETF is $50.57, with a call threshold level of $50.57 (100%), a coupon barrier level of $35.399 (70%) and a downside threshold level of $30.342 (60%). The notes can be automatically redeemed on scheduled redemption determination dates if the ETF closes at or above the call threshold, returning principal plus the applicable coupon, with no further payments.
If the notes are not called and the final level is at or above the downside threshold, investors receive principal back (plus any final coupon). If the final level is below the downside threshold, repayment is reduced 1% for each 1% decline in the ETF, potentially to zero. The estimated value on the pricing date is approximately $966.50 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing market-linked notes tied to the S&P 500 Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. The notes are issued at $1,000 per note, with an aggregate principal amount of $1,781,000, and mature on November 26, 2030.
The notes pay no interest. At maturity, investors receive the principal plus an upside payment if the index ends above the initial level of 539.99, based on a 108% participation rate in the index’s gain. If the final level is at or below the initial level, only the principal is repaid.
The estimated value on the pricing date is $948.80 per note, below the issue price due to issuing, selling, structuring and hedging costs and the internal funding rate. The notes are unsecured, 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. holders are generally treated as holding contingent payment debt instruments for tax purposes.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk contingent income auto-callable securities due November 29, 2028 linked to the iShares Bitcoin Trust ETF. Each $1,000 security can pay a contingent coupon at an annual rate of 15.85%, but only when the ETF’s closing level on an observation date is at or above the coupon barrier of $30.342, which is 60% of the $50.57 initial level.
The notes may be automatically redeemed on scheduled determination dates if the ETF is at or above the call threshold of $50.57, paying back principal plus the applicable coupon. If the notes are not called and the final ETF level is at or above the downside threshold of $25.285, investors receive principal back (plus any final coupon). If the final level is below the downside threshold, repayment is reduced 1% for each 1% decline in the ETF, and the payoff can fall to zero. All payments depend on Morgan Stanley’s credit and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk contingent income auto-callable securities linked to the worst performing of the Nasdaq-100, S&P 500 and Russell 2000 indices. Each $1,000 note pays a 15.50% per annum contingent coupon, but only if on an observation date all three indices are at or above 80% of their initial levels; otherwise no coupon is paid for that period.
The notes may be automatically redeemed on set dates in 2026 if each index is at or above 100% of its initial level, in which case investors receive $1,000 plus the applicable coupon and no further payments. If the notes are not called and, at maturity, any index is below 80% of its initial level, repayment of principal is reduced 1% for every 1% decline in the worst index and can fall to zero.
The notes are unsecured obligations subject to Morgan Stanley’s credit risk, are not FDIC insured, and will not be listed on an exchange. The estimated value on the pricing date is approximately $985.90 per $1,000 due to embedded fees and an internal funding rate, and J.P. Morgan entities act as placement agents earning up to $10 per $1,000 in fees.
Morgan Stanley Finance LLC is offering Trigger PLUS structured notes due November 29, 2030, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk securities pay no interest and are linked to the worst performing of the EURO STOXX 50® Index and the Nikkei Stock Average.
At maturity, if both indexes finish above their initial levels, holders receive principal plus a leveraged upside payment based on a 285% leverage factor. 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 stated principal per note. If either index closes below its downside threshold level, repayment is reduced 1% for each 1% decline in the worst performer, and the return can fall to zero.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and are not listed on any exchange. The estimated value on the pricing date is approximately $922.50 per $1,000 security, reflecting issuance, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate, as well as credit and market risks.
Morgan Stanley is offering fixed rate senior notes due December 18, 2035 under an existing shelf registration. The notes pay a fixed interest rate of 4.500% per year, with interest accruing from December 18, 2025 and paid semi-annually on June 18 and December 18, beginning June 18, 2026.
Each note has a stated principal amount and issue price of $1,000, but Morgan Stanley estimates the value on the pricing date will be approximately $972.10 per note because the price includes issuing, selling, structuring and hedging costs and reflects 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 may have limited or no secondary market, with any dealer bids likely below the issue price. In an event of default, the acceleration amount equals the stated principal plus accrued and unpaid interest.
Morgan Stanley is offering fixed rate notes due December 16, 2033, issued at $1,000 per note with a fixed interest rate of 4.350% per annum. Interest starts accruing on December 18, 2025 and is paid semi-annually on the 16th of June and December, beginning June 16, 2026, using a 30/360 day-count convention. At maturity, investors receive the $1,000 stated principal amount plus any accrued and unpaid interest.
All payments depend on Morgan Stanley’s credit; the notes are unsecured, not bank deposits and not FDIC-insured. The notes will not be listed on any securities exchange, and any secondary market may be limited, with potential resale prices below the issue price. The estimated value on the pricing date is expected to be approximately $978.80 per note, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer. These factors, along with changes in interest rates and Morgan Stanley’s credit spreads, can adversely affect the market value of the notes before maturity.
Morgan Stanley is offering fixed rate senior notes due December 18, 2030. Each note has a stated principal amount and issue price of $1,000, pays interest at a fixed rate of 4.000% per annum and is issued in U.S. dollars.
Interest accrues from December 18, 2025 and is paid semi‑annually on June 18 and December 18, starting June 18, 2026, using a 30/360 day‑count convention. At maturity, investors receive $1,000 per note plus accrued and unpaid interest, subject to the credit risk of Morgan Stanley, as the notes are unsecured and unsubordinated. The estimated value on the pricing date is expected to be approximately $986.70 per note, reflecting issuance, selling, structuring and hedging costs, and the notes will not be listed on any securities exchange.
Morgan Stanley is offering unsecured fixed rate notes due December 18, 2031 with a stated principal amount and issue price of $1,000 per note and a fixed interest rate of 4.150% per annum. Interest accrues from December 18, 2025 and is paid semi-annually on the 18th of June and December, beginning on June 18, 2026, using a 30/360 day-count convention.
At maturity, investors receive $1,000 per note plus accrued and unpaid interest, subject to the credit risk of Morgan Stanley. The notes will not be listed on any securities exchange, and secondary market liquidity may be limited. Morgan Stanley estimates the value of each note on the pricing date will be approximately $985.80 or within $55.80 of that estimate, reflecting issuance, selling, structuring and hedging costs and the issuer’s internal funding rate. Proceeds are expected to be used for general corporate purposes.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering buffered jump securities linked to the S&P 500® Futures Excess Return Index, with a stated principal amount of $1,000 per security and an estimated value on the pricing date of approximately $951.20. The notes do not pay interest and are subject to full issuer and guarantor credit risk.
The securities are automatically redeemed on January 5, 2027 for an early redemption payment of $1,108.50 per security if the index on December 30, 2026 is at or above its initial level. If held to the December 27, 2030 maturity and not called, investors get 150% participation in index gains, principal protection down to a 20% buffer, and a minimum payment at maturity of 20% of principal if losses exceed the buffer.
The notes will not be listed on any exchange, may have limited or no secondary market, and their pricing embeds issuing, selling, structuring and hedging costs plus an internal funding rate that is advantageous to the issuer, making secondary prices and estimated value lower than the $1,000 issue price.