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 $10,181,000 of Contingent Income Memory Buffered Auto-Callable Securities linked to NVIDIA Corporation common stock. Each security has a stated principal amount of $1,000 and an annual contingent coupon rate of 16.05%, paid only if NVIDIA’s closing level on the observation date is at or above the coupon barrier of $134.16, which is 75% of the initial level.
The notes can be automatically called on set dates in 2026 if NVIDIA’s closing level is at or above the call threshold of $178.88, returning principal plus the applicable coupon and any previously unpaid coupons. If the notes are not called and the final level on December 4, 2026 is at or above the buffer level of $134.16, investors receive full principal back plus any contingent coupon then due.
If the final level is below the buffer, repayment is reduced by 1.3333% of principal for each 1% decline beyond the 25% buffer, and the maturity payment can fall to zero. The securities are unsecured, not principal protected, will not be listed on any exchange, and carry both market risk tied to NVIDIA and the credit risk of Morgan Stanley. The estimated value on the pricing date is $980.90 per $1,000 security, reflecting issuance, structuring and hedging costs.
Morgan Stanley Finance LLC is issuing callable contingent income securities due November 27, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, with a total offering size of $7,981,000.
The notes pay a contingent coupon at an annual rate of 12.78% only if, on every trading day in an observation period, the EURO STOXX 50®, S&P 500® and Russell 2000® indices each stay at or above their coupon barrier levels, set at 75% of their initial levels. The notes can be redeemed in whole on specified redemption dates starting February 26, 2026, if a risk neutral valuation model shows early redemption is economically rational for the issuer.
If not redeemed and each index finishes at or above its downside threshold (also 75% of its initial level), investors receive full principal back plus any final coupon. If any index ends below its downside threshold, repayment is reduced 1% for each 1% decline of the worst-performing index, potentially down to zero. The estimated value on the pricing date is $973.30 per note, they are unsecured obligations subject to Morgan Stanley’s credit risk, and they will not be listed on any exchange.
Morgan Stanley Finance LLC is issuing $2,175,000 of dual directional buffered participation securities linked to the S&P 500® Equal Weight Index, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest and matures on November 26, 2027, with principal at risk.
At maturity, if the index is above the initial level of 7,515.89, investors receive $1,000 plus 100% of the index gain, capped at a maximum payment of $1,203.50 per security (120.35% of principal). If the index is at or below the initial level but at or above the 85% buffer level, investors earn a positive return up to 15% based on the index’s decline. Below the buffer, principal is reduced 1% for each 1% additional drop, subject to a minimum payment of 15% of principal. The estimated value on the pricing date is $985.10 per security, and the notes will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Enhanced Buffered Jump Securities linked to the S&P 500® Index, with an aggregate principal amount of $1,362,000 and a price of $1,000 per security. The notes pay no interest and expose investors to principal risk.
At maturity on May 24, 2029, if the S&P 500 final level is at or above the buffer level of 5,612.542 (85% of the 6,602.99 initial level), each security pays $1,000 plus a fixed upside payment of $220, a 22% return. If the index finishes below the buffer, investors lose 1% of principal for each 1% drop beyond the 15% buffer, with a minimum payment of 15% of principal.
The estimated value on the pricing date is $949 per security, reflecting issuance, structuring and hedging costs and the issuer’s internal funding rate. The securities will not be listed on any exchange, secondary liquidity may be limited, and all payments depend on Morgan Stanley’s creditworthiness.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $795,000 of Callable Contingent Income Buffered Securities due November 27, 2028, linked to the worst performer of the XLE, XLRE and XLV sector ETFs. Each $1,000 note can pay a contingent coupon at an annual rate of 10.00% on scheduled dates, but only if all three funds are at or above their coupon barrier levels (75% of initial levels).
At maturity, if not previously called and each fund is at or above its buffer level (85% of initial), investors receive full principal back plus any final coupon. If any fund finishes below its buffer, principal is reduced 1% for each 1% decline of the worst performer beyond the 15% buffer, with a minimum payment of 15% of principal. The notes are callable from May 27, 2026 based on a risk-neutral valuation model, are not listed on any exchange, had an estimated value of $976 per $1,000 at pricing, and are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Buffered Performance Leveraged Upside Securities ("Buffered PLUS") linked to the S&P 500® Index, maturing on July 6, 2028. Each Buffered PLUS has a stated principal amount of $1,000 and pays no interest.
At maturity, if the index has risen, holders receive $1,000 plus 200% of the index percent increase, capped at a maximum payment of $1,219.20 (121.92% of principal). If the index has fallen by up to the 10% buffer, investors receive back $1,000. If the decline exceeds 10%, the payout falls in proportion to the loss beyond the buffer, with a minimum of $100 per note, meaning investors can lose up to 90% of principal.
The notes 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 approximately $959.30 per Buffered PLUS, reflecting issuing, selling, structuring and hedging costs embedded in the $1,000 issue price.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Dual Directional Trigger Jump Securities linked to the EURO STOXX 50® Index, maturing on January 3, 2031. Each note has a stated principal of $1,000 and pays no coupons, with full principal at risk.
At maturity, if the index is at or above its initial level, investors receive $1,000 plus the greater of the index’s percentage gain or a fixed upside payment of $463.50 (a 46.35% minimum positive return when the index is up at all). If the index is below the initial level but at or above a trigger level set at 75% of the initial value, investors receive a positive “absolute return” of 1% for each 1% index decline, capped at a 25% gain.
If the index falls below the trigger level, repayment is reduced 1% for each 1% index loss, with no buffer or minimum, so the entire principal can be lost. The estimated value on the pricing date is approximately $954.50 per security versus the $1,000 issue price, reflecting embedded issuing, selling, structuring and hedging costs, including a $30 sales commission and $5 structuring fee per note.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Buffered Jump Securities linked to the iShares Bitcoin Trust ETF. Each security has a $1,000 stated principal amount and does not pay interest.
The notes are automatically redeemed on January 4, 2027 if, on December 29, 2026, the ETF’s closing level is at or above the call threshold level, paying an early redemption amount of $1,240 to $1,250. If not called, at maturity on December 28, 2028 investors receive upside exposure with a 125% participation rate if the final level is above the initial level, full principal back if the final level is between 90% and 100% of the initial level, and a loss of 1% of principal for every 1% decline below the 10% buffer, subject to a minimum payment of 10% of principal.
The estimated value on the pricing date is approximately $936.70 per security, reflecting issuing, selling, structuring and hedging costs and the issuer’s internal funding rate. All payments depend on Morgan Stanley’s credit and the highly volatile and evolving bitcoin market underlying the ETF.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk buffered participation securities linked to the S&P 500® Index, maturing on December 27, 2030. The notes pay no interest and are unsecured obligations.
At maturity, investors receive the $1,000 stated principal plus 100% of any S&P 500® gain, capped at a maximum payment of $1,730 per security (173.00% of principal). If the index ends between 90% and 100% of its initial level, investors receive only their principal back. Below 90% of the initial level, principal is reduced 1% for each 1% drop beyond the 10% buffer, but not below a minimum payment of 10% of principal.
The estimated value on the pricing date is approximately $949 per security, reflecting issuance, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are subject to the credit risk of Morgan Stanley and MSFL, will not be listed on an exchange, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Jump Securities with an auto-callable feature linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and S&P 500 Index. The notes have a stated principal amount of $1,000 per security and an aggregate principal amount of $856,000, with an issue price of $1,000 and an estimated value on the pricing date of $944.40 per security.
The notes may be automatically redeemed on November 30, 2026 if each index closes at or above its initial level, paying $1,118 per security. If held to November 26, 2030 and not called, investors get principal plus a 175% participation in the gain of the worst-performing index if all finish above their initial levels, only principal if all stay above 70% of initial, and a 1% loss of principal for every 1% decline in the worst performer below 70% of initial, up to total loss. The securities pay no interest and all payments depend on Morgan Stanley’s credit.