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 an aggregate principal amount of $907,000 of Dual Directional Buffered Jump Securities, each with a stated principal amount of $1,000, linked to the S&P 500® Futures Excess Return Index and guaranteed by Morgan Stanley. The notes pay no interest and return depends entirely on index performance at a single observation date on November 21, 2030.
If the index finishes at or above the initial level of 539.99, investors receive principal plus the greater of the index gain or a fixed upside payment of $451 per security (45.10%). If the index is below the initial level but at or above the 85% buffer level, investors earn a positive return matching the absolute decline, up to 15%. Below the buffer, investors lose 1% of principal for each 1% additional decline, with a minimum payment of 15% of principal. The estimated value on the pricing date is $945.50 per security, and the securities carry full principal risk, credit risk of Morgan Stanley, limited liquidity and complex tax and futures-market exposures.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due November 26, 2027, linked to the iShares® Bitcoin Trust ETF. The notes have an aggregate principal amount of $4,766,000 and a stated principal of $1,000 per security, but principal is fully at risk.
Holders may receive a contingent quarterly coupon at an annual rate of 23.00% (about $57.50 per quarter per $1,000) for each determination date when the ETF’s price is at least 75% of the initial share price, i.e., the downside threshold of $35.978 based on an initial price of $47.97. If on a redemption determination date the ETF closes at or above the initial price, the notes auto-call for principal plus that coupon.
If not redeemed early and the final share price is at or above the threshold, investors receive principal plus the final coupon; if it is below, repayment is reduced 1‑for‑1 with the ETF decline and can be zero. The estimated value on the pricing date is $959.20 per security, below the $1,000 issue price, and the notes are unsecured, unlisted, and exposed to bitcoin-related and issuer credit risks.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Enhanced Buffered Jump Securities linked to the S&P 500® Futures Excess Return Index. Each security has a $1,000 stated principal amount, pays no interest and exposes investors to issuer credit risk.
At maturity on December 27, 2030, if the index level is at or above 85% of its initial level, investors receive $1,000 plus the greater of a fixed upside payment of $422.50 (42.25%) or the index gain, capped at a maximum payment of $1,500 (150%). If the index falls below the 85% buffer, principal is reduced 1% for each 1% drop beyond the 15% buffer, with a minimum payment of 15% of principal.
A hypothetical 100% index gain returns only the $1,500 cap, while an 85% decline returns $300. The estimated value on the pricing date is approximately $950.90 per security, reflecting issuing, selling, structuring and hedging costs and an internal funding rate that is advantageous to the issuer. The securities will not be listed, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC is offering Buffered Performance Leveraged Upside Securities (Buffered PLUS) linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by Morgan Stanley. These are principal-at-risk structured notes that pay no coupon and return a variable amount at maturity on July 6, 2028.
Each Buffered PLUS has a stated principal amount of $1,000, a 200% leverage factor on any index gains and a maximum payment of $1,300 (130% of principal). A 15% buffer protects against moderate index declines; if the index falls more than 15%, repayment is reduced in line with the loss beyond the buffer, but not below a minimum of $150 (15% of principal). Examples show a 2% index gain producing a 4% note return and a 40% index loss producing a 25% loss on the note.
The estimated value on the pricing date is about $958.90 per Buffered PLUS, below the $1,000 issue price due to embedded issuing, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and secondary liquidity may be limited.
Morgan Stanley Finance LLC is offering structured “Buffered Jump Securities with Auto-Callable Feature” linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and issue price, with an aggregate principal amount of $581,000.
The notes may be automatically redeemed on December 1, 2026 for $1,110 per security if the index closing level on November 25, 2026 is at or above the initial level of 539.99. If not redeemed, at maturity in 2030 investors participate at a 125% participation rate in index gains above the initial level. A 15% buffer protects principal for index declines down to 85% of the initial level (buffer level 458.992), but below that investors lose 1% of principal for each 1% additional decline, subject to a minimum payment of 15% of principal.
The securities pay no interest, are unsecured and subject to the credit risk of MSFL and Morgan Stanley, will not be listed on any exchange, and may have limited liquidity. The estimated value on the pricing date is $940.60 per security, reflecting embedded costs, which may weigh on secondary market prices.
Morgan Stanley Finance LLC is offering principal-at-risk structured notes called Dual Directional Buffered Jump Securities linked to the S&P 500 Futures Excess Return Index, maturing on December 27, 2030. Each security has a $1,000 stated principal amount and pays no interest.
At maturity, if the index is at or above its initial level, investors receive $1,000 plus the greater of the index gain or a fixed upside payment of $466.5046.65% of principal. If the index is below the initial level but at or above 85% of it, investors gain the absolute percentage decline in the index, up to a 15% positive return. If the index falls below 85% of its initial level, investors lose 1% of principal for every 1% decline beyond the 15% buffer, but not less than 15% of principal.
The estimated value on the pricing date is approximately $952.70 per security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, will not be listed on any exchange and may have limited or no secondary market liquidity. Investors are exposed to the performance of the futures-based index and to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities linked to the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. These are $1,000 principal-at-risk notes that pay no interest and mature on June 28, 2029.
At maturity, if the S&P 500® final level is at or above 85% of its initial level, investors receive their $1,000 principal plus a fixed upside payment of $237.50 per security, a 23.75% total return. If the index finishes below the 85% buffer level, investors lose 1% of principal for each 1% decline beyond the 15% buffer, with a minimum payment of 15% of principal ($150).
The notes are unsecured obligations of MSFL, subject to Morgan Stanley’s credit risk, are not insured by the FDIC, and will not be listed on any exchange, so secondary liquidity may be limited. The estimated value on the pricing date is approximately $959.20 per security, reflecting issuing, selling, structuring and hedging costs and the issuer’s internal funding rate. The tax treatment is complex and may be affected by future IRS or legislative changes.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing Contingent Income Auto-Callable Securities with an aggregate principal amount of $1,415,000, linked to the worst performer of the Nasdaq-100® Technology Sector IndexSM and the Russell 2000® Index. Each security has a stated principal amount and issue price of $1,000.
The notes offer a contingent coupon at an annual rate of 12.60%, paid only if on each observation date both indices close at or above their coupon barrier levels, set at 75% of their initial levels. The notes are auto-callable quarterly starting in May 2026 if both indices are at or above their initial levels, returning principal plus the applicable coupon, with no further payments afterward.
At maturity in February 2027, if not called and both indices are at or above their downside threshold levels (also 75% of initial), investors receive principal back (plus any final coupon). If either index finishes below its downside threshold, repayment is reduced 1% for each 1% decline of the worst-performing index, potentially to zero. The estimated value on the pricing date is $982.40 per security, reflecting embedded issuing, structuring and hedging costs. The notes are unsecured, subject to Morgan Stanley’s credit risk, not listed, and may have limited or thin secondary market liquidity.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering fixed income buffered securities linked to the Russell 2000® Index, maturing on December 29, 2027. Each security has a stated principal amount of $1,000 and pays a fixed coupon at an annual rate of 5.20%, with quarterly payments.
At maturity, if the index’s final level is at or above the buffer level of 85% of the initial level, investors receive the full $1,000 principal plus the final coupon. If the final level is below the buffer, principal is reduced 1% for each 1% decline beyond the 15% buffer, but not below a minimum payment equal to 15% of principal.
The securities are unsecured, subject to Morgan Stanley’s credit risk, are not listed on any exchange, and may have limited or no secondary market. The estimated value on the pricing date is approximately $966.40 per security, reflecting issuing, selling, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Enhanced Buffered Jump Securities linked to the Russell 2000® Index, maturing on June 28, 2029. The $1,000-denomination notes pay no interest and are principal-at-risk.
At maturity, if the index level is at or above an 85% buffer level, holders receive principal plus a fixed upside payment of $262.50 per security, a 26.25% gain. If the index falls more than the 15% buffer, principal is reduced 1% for each 1% decline beyond that buffer, with a minimum payment of 15% of principal.
The securities’ estimated value on the pricing date is approximately $957.50 per $1,000, reflecting issuance, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. Key risks include exposure to small-cap volatility in the Russell 2000®, the unsecured credit risk of Morgan Stanley and MSFL, limited or no secondary market liquidity, and uncertain U.S. tax treatment.