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 issuing $1,255,000 of Contingent Income Memory Auto-Callable Securities due August 7, 2031, linked to the S&P 500 Futures 40% Intraday 4% Decrement VT Index, fully and unconditionally guaranteed by Morgan Stanley.
The notes pay a 16.50% per annum contingent coupon, only if on each observation date the index is at or above the coupon barrier level of 2,395.687 (70% of the initial level of 3,422.41). Missed coupons may be paid later if the barrier is met, but can be lost entirely.
The notes are automatically redeemed at par plus applicable coupons if on any redemption determination date the index is at or above the call threshold of 3,422.41 (100% of initial). If held to maturity and the final index level is at or above the downside threshold of 2,053.446 (60% of initial), investors receive principal plus any due coupons; otherwise, repayment is reduced 1% for each 1% index decline, potentially to zero. The estimated value on the pricing date is $955.20 per $1,000, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing market-linked notes due August 5, 2031, fully and unconditionally guaranteed by Morgan Stanley, under its Series A global medium-term note program. Each note has a stated principal amount and issue price of $1,000 and is linked to the performance of the EURO STOXX 50® Index, with an initial level of 6,358.01 as of July 31, 2026.
The notes pay no periodic interest. At maturity, investors receive $1,000 plus an upside payment equal to 131% of any positive index return, or only $1,000 if the final index level is at or below the initial level. The aggregate principal amount is $231,000. The estimated value on the pricing date is $964.90 per note, reflecting structuring and hedging costs embedded in the issue price. The notes are unsecured, unsubordinated obligations of MSFL subject to Morgan Stanley’s guarantee, will not be listed on any exchange, and secondary liquidity may be limited. For U.S. tax purposes, Morgan Stanley intends to treat them as contingent payment debt instruments with a comparable yield of 5.0980% per annum, requiring accrual of taxable interest over the term.
Morgan Stanley Finance LLC is offering Dual Directional Buffered PLUS notes due August 3, 2028, fully and unconditionally guaranteed by Morgan Stanley, with a $1,000 stated principal amount per security and an aggregate principal amount of $664,000. The notes pay no interest and are linked to the worst performance of the State Street SPDR S&P 500 ETF and the EURO STOXX 50 Index.
At maturity, if both underliers finish above their initial levels, holders receive principal plus a leveraged upside payment using a 171% leverage factor. If the worst underlier is down but not below its 10% buffer, investors receive principal plus an absolute return up to a 10% gain. If either underlier ends below its buffer level, principal is reduced 1% for each 1% decline beyond the buffer, subject to a minimum payment of 10% of principal. The estimated value on the pricing date is $980.10 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with Auto-Callable Feature due August 29, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and is linked to the worst performing of the State Street SPDR S&P Metals & Mining ETF (XME) and the VanEck Gold Miners ETF (GDX).
The notes pay no interest. Starting August 27, 2027, they are subject to automatic early redemption on 48 scheduled determination dates if the closing level of each ETF is at or above its call threshold (85% of its initial level), for cash payments corresponding to a return of approximately 8.00% per annum.
If not redeemed early, maturity payment depends on final ETF levels. If both are at or above their call thresholds, investors receive $1,400 per note. If at least one is below its call threshold but both are at or above the 80% buffer level, investors receive only principal. If either finishes below its buffer, investors lose 1% of principal for each 1% decline of the worst ETF beyond the 20% buffer, subject to a minimum payment of 20% of principal. The estimated value on the pricing date is approximately $928.90 per note, below the $1,000 issue price, reflecting issuance, structuring and hedging costs. All payments are subject to the credit risk of MSFL and Morgan Stanley, and investors do not participate in any upside of the ETFs.
Morgan Stanley Finance LLC is issuing Jump Securities with an auto-callable feature, fully and unconditionally guaranteed by Morgan Stanley, under its Series A global medium-term notes program. Each security has a $1,000 stated principal amount, with an aggregate principal of $353,000, and is linked to a weighted basket of five equity indices in Australia, the UK, Japan, Switzerland and the Eurozone.
The notes may be automatically redeemed on August 12, 2027 for $1,153 per security if the basket level on the first determination date is at or above 100% of the initial level. If not called, at maturity in 2031 investors receive: principal plus an upside payment if the final level exceeds the initial level, only principal if the final level is between 75% and 100% of the initial level, or a loss of 1% of principal for each 1% basket decline below 75%, potentially down to zero.
The securities pay no interest and do not guarantee principal; all payments are subject to the credit risk of MSFL and Morgan Stanley. The estimated value on the pricing date is $956.40 per security, below the $1,000 issue price due to issuing, selling, structuring and hedging costs. For U.S. tax purposes, counsel views the notes as prepaid financial contracts, though this treatment is uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $923,000 of principal-at-risk structured notes, “Jump Securities with Auto-Callable Feature” linked to the Russell 2000® Index. Each security has a $1,000 stated principal amount and issue price.
The notes may be automatically redeemed on August 12, 2027 if the index on August 9, 2027 is at or above the call threshold level of 2,931.339 (100% of the initial level), paying an early redemption amount of $1,138 per security. If not redeemed, at maturity on August 5, 2031 investors receive upside exposure of 125% of any index appreciation and full principal back if the final level is between 75% and 100% of the initial level.
If the final index level is below the downside threshold level of 2,198.504 (75% of the initial level), investors lose 1% of principal for each 1% index decline, potentially losing their entire investment. The estimated value on the pricing date is $965.70 per security, below the $1,000 issue price, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due August 3, 2029 linked to the common shares of Ferrari N.V., fully and unconditionally guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount (aggregate $1,107,000) and an issue price of $1,000 per security.
Investors may receive a contingent quarterly coupon at an annual rate of 10.18% (about $25.45 per quarter per security) for each determination date on which Ferrari’s stock is at or above 70% of the initial share price. The initial share price is $393.87 and the downside threshold price is $275.709. If on any of the first eleven determination dates the stock closes at or above the initial share price, the securities are automatically redeemed at par plus the applicable contingent coupon and any previously unpaid contingent coupons.
If not redeemed early and the final share price is at or above the downside threshold, investors receive par plus the final contingent coupon and any previously unpaid contingent coupons. If the final share price is below the downside threshold, repayment is reduced 1:1 with the stock’s decline (principal can be reduced below 70% and down to zero), and no unpaid coupons are paid. There is no participation in any stock appreciation, and all payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley. The estimated value on the pricing date is $967.50 per security, below the issue price, reflecting structuring, distribution and hedging costs.
Morgan Stanley Finance LLC is issuing Trigger PLUS notes linked to the S&P 500 Index, maturing on August 4, 2032, fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest and offer 130% leveraged upside on index gains, capped at a maximum payment of $1,850 per $1,000 note.
If the final index value is at or above the 85% trigger level of the initial index value of 7,489.72, but not higher than the initial value, investors receive only their $1,000 principal. If the final index value falls below the trigger, repayment is reduced one-for-one with the index decline, and the payment can be significantly below $850, down to zero, so principal is at risk. The aggregate principal amount is $4,816,000, with an estimated value on the pricing date of $939.10 per note, reflecting embedded costs and hedging. The notes are unsecured, subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and secondary liquidity and pricing may be limited.
Morgan Stanley Finance LLC is offering $1,732,000 of market-linked notes due August 3, 2029, linked to the S&P 500 Index and fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured and pay no periodic interest.
At maturity, investors receive the $1,000 stated principal per note plus an upside payment equal to 100% of the S&P 500’s positive return, capped at a maximum payment of $1,227.50 per note (122.75% of principal). If the final index level on the July 31, 2029 observation date is equal to or below the initial level of 7,489.72, investors receive only principal back.
The notes will not be listed on any securities exchange, and Morgan Stanley & Co. LLC may make a limited secondary market. The estimated value on the pricing date is $977.10 per note, below the $1,000 issue price due to issuing, selling, structuring and hedging costs. For U.S. tax purposes, the notes are expected to be treated as contingent payment debt instruments, requiring accrual of taxable interest income over their term.
Morgan Stanley Finance LLC is issuing Enhanced Trigger Jump Securities due September 3, 2027, linked to the worst performing of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $5,467,000, and pays no interest.
At maturity, if the final level of each index is at or above its downside threshold level (85% of its initial level), investors receive $1,000 plus a fixed upside payment of $131 per security, a 13.10% return. If either index finishes below its downside threshold, repayment equals $1,000 multiplied by the performance factor of the worst performing underlier, creating a 1% loss of principal for each 1% decline and potentially reducing the payment to zero. The initial levels are 2,931.339 for the Russell 2000® Index and 7,489.72 for the S&P 500® Index, with corresponding downside thresholds of 2,491.638 and 6,366.262.
The estimated value on the pricing date is $978.30 per security, below the $1,000 issue price due to issuing, selling, structuring and hedging costs. The notes are unsecured, subject to the credit risk of Morgan Stanley and MSFL, may have limited or no secondary market liquidity, and carry complex U.S. federal income tax treatment described as prepaid financial contracts that are “open transactions.”