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 Contingent Income Memory Auto-Callable Securities linked to Palantir Technologies Inc. Class A common stock, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, total offering size of $265,000, issue price of $1,000 and an estimated value on the pricing date of $934 per security.
The notes pay a contingent coupon at an annual rate of 17.00%, but only when Palantir’s closing level on an observation date is at or above the coupon barrier of $92.91 (60% of the $154.85 initial level). The notes are automatically called if the stock is at or above the call threshold of $154.85 on any redemption determination date, returning principal plus due and unpaid coupons. If not called and the final level is below the downside threshold of $92.91, investors lose 1% of principal for every 1% decline in the stock, up to total loss. The securities are unsecured, not principal-protected, illiquid, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Jump Securities with an auto-call feature maturing on December 3, 2026. Each note has a $1,000 stated principal amount and is linked to the worst performer of the VanEck Gold Miners ETF, the Nasdaq-100 Technology Sector Index and the Dow Jones Industrial Average.
The notes can be automatically redeemed quarterly starting February 26, 2026 if each underlier is at or above 90% of its initial level, paying early redemption amounts from $1,026.90 up to $1,098.50 per security, corresponding to about 10.75% per annum. If held to maturity and all underliers are at or above their call thresholds, investors receive $1,107.50 per security; if any is below its call threshold but all are at or above 60% of initial, they receive only principal.
If any underlier finishes below 60% of its initial level, the maturity payment is reduced 1% for each 1% decline of the worst performer, and can fall to zero. The estimated value on the pricing date is about $957.70 per security, reflecting issuance, structuring and hedging costs. Payments depend on Morgan Stanley’s credit, and the securities do not pay interest or offer any upside beyond the fixed payoff schedule.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities linked to the S&P 500® Futures Excess Return Index, maturing on December 10, 2029. Each security has a $1,000 principal amount, pays no interest and is an unsecured obligation of MSFL, fully and unconditionally guaranteed by Morgan Stanley.
At maturity, if the index is at or above 80% of its initial level, investors receive $1,000 plus the greater of a fixed $277 upside payment (27.70%) or the index percent gain applied to $1,000. If the index finishes below the 80% buffer, principal is reduced 1% for each 1% drop beyond the 20% buffer, but not below 20% of principal. A severe decline can therefore cause substantial loss.
The estimated value on the pricing date is approximately $974.70 per security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes will not be listed, secondary liquidity may be limited, and returns depend on both index performance and Morgan Stanley’s creditworthiness. Tax treatment is described as prepaid financial contracts but remains uncertain.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Buffered PLUS with Downside Factor notes linked to the S&P 500® Futures Excess Return Index. The unsecured notes have a $1,000 stated principal amount, pay no interest and do not guarantee return of principal.
At maturity on November 27, 2028, investors receive leveraged upside only if the index finishes above the upside threshold of 565.688, about 105% of the initial level of 538.75, using a 175% leverage factor above that threshold. If the final level is between the 25% buffer and the threshold, investors simply receive principal back. Below the buffer level of 404.063 (75% of the initial level), losses accelerate at 1.3333% of principal for each 1% further decline, with no minimum payment.
The estimated value on the pricing date is approximately $986.50 per security, reflecting issuing, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes are subject to Morgan Stanley’s credit risk, will not be listed on an exchange, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering Buffered Performance Leveraged Upside Securities (Buffered PLUS) linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured, pay no interest and are issued in $1,000 denominations, maturing on December 10, 2029.
At maturity, if the index is above its initial level, investors receive the principal plus a leveraged upside payment using a 149% leverage factor. If the index is at or below the initial level but at or above 80% of that level, investors receive only the principal. Below this 20% buffer, investors lose 1% of principal for each 1% additional decline, subject to a minimum payment of 20% of principal.
All payments depend on the credit of MSFL and Morgan Stanley. The estimated value on the pricing date is approximately $970.20 per $1,000 note, reflecting issuance, selling, structuring and hedging costs and Morgan Stanley’s internal funding rate. The notes will not be listed on any exchange, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Buffered Jump Securities with an auto-call feature linked to the SPDR® S&P® Biotech ETF (XBI). Each security has a $1,000 stated principal amount, an issue price of $1,000 and an aggregate principal amount of $1,010,000, with maturity on November 26, 2027.
The notes pay no interest. They are automatically redeemed on December 7, 2026 for $1,167.50 per security if XBI’s closing level on the first determination date is at least the call threshold level of $113.83 (100% of the initial level. If held to maturity and not called, holders receive upside participation of 125% on positive returns, full principal back if the final level is at or above the buffer level of $102.447 (90% of the initial level), and 1% loss of principal for each 1% decline beyond the 10% buffer, subject to a minimum payment of 10% of principal.
The notes are principal-at-risk, unsecured obligations, subject to Morgan Stanley’s credit risk, have an estimated value on the pricing date of $972.10 per security, will not be listed on any exchange, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering S&P 500-linked Dual Directional Buffered Participation Securities due December 2, 2030, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest and is a senior unsecured obligation with principal at risk.
At maturity, if the S&P 500 final level is above the initial level, investors receive $1,000 plus 100% of the index gain, capped at a maximum payment of $1,780 per security. If the index is flat or down but no lower than 85% of the initial level, investors earn a positive return equal to the absolute index decline, up to about 15%. If the index falls below the 85% buffer, principal is reduced 1% for each 1% drop beyond the 15% buffer, subject to a minimum payment of 15% of principal.
The estimated value on the pricing date is approximately $969.80 per security, reflecting issuing, selling, structuring and hedging costs and the issuer’s internal funding rate. The notes will not be listed on any exchange, secondary trading may be limited, all payments depend on Morgan Stanley’s credit, and the U.S. tax treatment is uncertain, with counsel currently viewing them as prepaid financial contracts.
Morgan Stanley Finance LLC is offering Buffered Performance Leveraged Upside Securities (Buffered PLUS) linked to the S&P 500® Index, maturing on June 17, 2031. Each security has a $1,000 stated principal amount, pays no interest and is fully and unconditionally guaranteed by Morgan Stanley.
At maturity, investors receive $1,000 plus 150% of any S&P 500 gain, capped at a maximum payment of $1,556.50 per security (155.65% of principal). If the index is between the initial level and the 90% buffer level, investors get back only the $1,000 principal. Below the buffer, investors lose 1% of principal for every 1% decline beyond the 10% buffer, with a minimum payment of 10% of principal.
The estimated value on the pricing date is approximately $940.40 per security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s internal funding rate. The securities will not be listed on any exchange, involve principal risk and are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering $9,029,000 of Leveraged Buffered S&P 500® Index-Linked Notes due March 15, 2028. These unsecured notes pay no interest and repay at maturity based on S&P 500 performance from November 20, 2025 to March 13, 2028.
If the index rises, holders receive 160% of the index gain, capped at a Maximum Settlement Amount of $1,284 per $1,000 face amount (a 28.4% maximum return). If the index is flat or down by up to 15%, investors receive back the $1,000 face amount. If the index falls by more than 15%, losses accelerate at a buffer rate of approximately 117.65%, and investors can lose their entire principal.
The notes are subject to Morgan Stanley’s credit risk, will not be listed on any exchange, and may have limited liquidity. The estimated value on the trade date is $995.50 per note, below the $1,000 issue price due to issuing, selling, structuring and hedging costs and the issuer’s internal funding rate.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due November 24, 2028, linked to the class A common stock of Meta Platforms, Inc. Each security has a stated principal amount of $1,000, with an aggregate principal amount of $525,000, and is fully and unconditionally guaranteed by Morgan Stanley.
The notes pay a contingent coupon at an annual rate of 10.50% only if Meta’s closing level on the relevant observation date is at or above the coupon barrier of $412.405, which is 70% of the initial level of $589.15. The same level acts as the downside threshold. The notes are automatically redeemed if Meta’s closing level on a redemption determination date is at or above the call threshold of $589.15, returning principal plus the contingent coupon.
If the notes are not called and Meta’s final level is below the downside threshold, investors lose 1% of principal for every 1% decline in the underlier, up to a total loss. The estimated value on the pricing date is $949.10 per security, below the $1,000 issue price, and all payments are subject to Morgan Stanley’s credit risk. The securities will not be listed on any securities exchange, and Morgan Stanley & Co. LLC may, but is not obligated to, make a secondary market.