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 filed a preliminary 424(b)(2) pricing supplement for Contingent Income Memory Auto-Callable Securities linked to Eli Lilly (LLY), fully and unconditionally guaranteed by Morgan Stanley. The notes offer a contingent coupon at an annual rate of 10.00% when the underlier is at or above the coupon barrier on observation dates and may auto-call if the underlier is at or above the 100% call threshold on specified redemption determination dates starting January 23, 2026.
The notes mature on October 26, 2029, with principal repayment only if the final level is at or above the downside threshold; otherwise investors lose 1% of principal for each 1% decline. The issue price is $1,000 per security; placement agent fees will not exceed $25 per $1,000, implying $975 proceeds per security. The estimated value on the pricing date is approximately $971.40 per security. The coupon barrier and downside threshold will be set on pricing and are each at most 69.75% of the initial level. The securities are unsecured, subject to issuer and guarantor credit risk, and will not be listed.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Jump Securities with an auto-call feature tied to the worst performer of the EURO STOXX 50 Index, SPDR S&P MidCap 400 ETF (MDY), and VanEck Semiconductor ETF (SMH).
Each $1,000 security may be automatically redeemed for $1,500 on May 5, 2027 if, on April 30, 2027, the closing level of each underlier is at or above its call threshold (100% of its initial level). If not called and at maturity on October 28, 2030 all underliers finish above their initial levels, holders receive principal plus an upside payment equal to 300% of the worst performer’s gain. If any underlier is at or below its initial but all are at or above the downside threshold (60% of initial), repayment is stated principal only. If any underlier finishes below its downside threshold, the payout is reduced 1% for every 1% decline of the worst performer and could be zero.
The estimated value on the pricing date is approximately $966.70 per security. The notes pay no interest, are unsecured, subject to issuer and guarantor credit risk, and will not be listed.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with an auto-call feature linked to the S&P 500 Index, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes do not pay interest and may not return principal.
The notes may be automatically redeemed on the first determination date, November 6, 2026, if the S&P 500 closing level is at or above 100% of the initial level, paying $1,090 per $1,000 security on November 12, 2026. If not called, at maturity on October 28, 2027: if the final level exceeds the initial level, investors receive the stated principal plus an upside payment based on a participation rate of at least 174.55%; if the final level is at or below the initial level but at or above the 90% buffer, investors receive only principal; if below the buffer, investors lose 1.1111% of principal for each 1% decline beyond the 10% buffer, with no minimum payment.
The issue price is $1,000 per security, estimated value approximately $980.60 per security, and agent fees up to $15 per $1,000 (proceeds to issuer $985 per security). The notes are unsecured obligations subject to the credit risk of MSFL and Morgan Stanley and will not be listed on an exchange.
Morgan Stanley Finance LLC launched a preliminary pricing supplement for Buffered PLUS, unsecured notes fully and unconditionally guaranteed by Morgan Stanley, linked to the S&P 500 Futures Excess Return Index and due October 30, 2031. The notes pay no interest and are issued at $1,000 per security.
At maturity, investors receive principal plus a leveraged return if the index rises; the leverage factor will be at least 195%. If the index is flat to down but above the 80% buffer level, investors receive principal back. Below the buffer, principal loss matches the decline beyond the 20% buffer, subject to a minimum payment of 20% of principal. The observation date is October 27, 2031.
The estimated value on the pricing date is approximately $959.40 per security (within $40). The notes will not be listed, are subject to the issuers’ credit risk, and are intended for fee‑based advisory accounts.
Morgan Stanley Finance LLC launched a preliminary 424(b)(2) pricing for Enhanced Trigger Jump Securities due October 28, 2027, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk, unsecured notes pay no interest and are linked to the worst performing of the S&P 500, Nasdaq-100 and Russell 2000.
At maturity, if the final level of each index is at or above its downside threshold, investors receive the $1,000 principal plus a fixed $170 upside payment per note. If any index is below its threshold, the payout declines 1% for each 1% drop in the worst performer, and can be zero. The downside threshold for each index is 65% of its initial level, measured on the October 25, 2027 observation date.
The original issue price is $1,000 per security, with an estimated value of approximately $987.80 on the pricing date. The notes will not be listed. Sales are to fee-based advisory accounts; MS&Co. expects no sales commission. All payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC launched a preliminary pricing supplement for Partial Principal at Risk Notes linked to the SPDR Gold Trust (GLD), fully and unconditionally guaranteed by Morgan Stanley. The notes offer 100% participation in GLD’s price change at maturity, capped by a maximum payment at maturity of at least $1,130.50 per note, and provide a partial principal return amount of 95% of the stated principal.
The notes pay no interest. At maturity on November 12, 2026, investors receive $1,000 plus any upside (subject to the cap) if GLD rises; if GLD falls, investors lose 1% of principal for each 1% decline, but not below the 95% partial principal return amount. Key dates include a strike/pricing date of October 24, 2025 and an observation date of November 6, 2026.
The issue price is $1,000 per note, with agent fees of $10 per $1,000 and an estimated value of approximately $982.40 per note. The notes will not be listed. MS&Co. acts as agent; J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. will serve as placement agents.
Morgan Stanley Finance LLC is offering market‑linked notes due January 28, 2027, linked to the common stock of MP Materials Corp. and fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest. At maturity, investors receive the $1,000 stated principal amount plus 100% of any appreciation in the underlier, capped at a maximum payment of $1,104 per note (110.40% of principal). If the final level is equal to or below the initial level, investors receive only the stated principal amount.
Key dates: strike/pricing on October 24, 2025; original issue on October 29, 2025; observation on January 25, 2027; maturity on January 28, 2027. The issue price is $1,000 per note, and the estimated value on the pricing date is approximately $981.70 per note. The notes will not be listed on any exchange and are intended for fee‑based advisory accounts through MS & Co., which will not receive a sales commission. All payments are subject to the credit risk of MSFL and Morgan Stanley.
Morgan Stanley Finance LLC announced a new offering of Callable Contingent Income Securities due October 26, 2028, fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk notes are linked to the worst performer among the Technology Select Sector SPDR Fund (XLK), the Utilities Select Sector SPDR Fund (XLU) and the Nasdaq-100 Technology Sector Index (NDXT).
The notes pay a contingent coupon at 9.50% per annum only if, on each observation date, the closing level of each underlier is at or above its coupon barrier (70% of initial). If any underlier is below its barrier, no coupon is paid for that period. At maturity, if any underlier finishes below its downside threshold (60% of initial), repayment of principal is reduced 1% for each 1% decline in the worst performer, and could be zero.
The issuer may redeem early on specified dates beginning October 28, 2026 if a risk neutral valuation model indicates redemption is economically rational for the issuer; if called, investors receive the principal plus any due coupon, and no further payments. The issue price is $1,000 per security, with an estimated value of approximately $978.20 on the pricing date. The securities will not be listed; all payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC announced a preliminary 424(b)(2) pricing supplement for Buffered Partial Participation Securities linked to the Russell 2000 Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley (MS). Each note has a $1,000 stated principal amount, pays no interest, and matures on October 27, 2027 after an observation on October 22, 2027.
At maturity: if the final index level is above the initial level, holders receive principal plus an upside payment equal to 75% of the index appreciation. If the final level is at or below the initial level but at or above the buffer level (70% of initial), repayment is principal only. Below the buffer, principal is reduced 1% for each 1% decline beyond the 30% buffer, subject to a minimum payment of 30% of principal.
The securities are unsecured, subject to MS/MSFL credit risk, and will not be listed. The estimated value on the pricing date is approximately $984.30 per security (within $25 of that estimate). Sales are to fee-based advisory accounts; MS&Co., an affiliate, acts as agent. The underlier’s closing level was 341.65 on October 20, 2025.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Enhanced Buffered Jump Securities due November 4, 2030 linked to the S&P 500 Futures Excess Return Index. The notes pay no interest, are unsecured, and are subject to issuer and guarantor credit risk. Each security has a $1,000 stated principal amount and will not be listed on any exchange. The estimated value on the pricing date is approximately $971.50 per security (within $55 of that estimate).
At maturity, if the final index level is at or above the 15% buffer level, investors receive the stated principal plus the greater of the $424 upside payment (42.40%) or the performance-based amount. If the final level is below the buffer, principal is reduced 1% for each 1% decline beyond the buffer, with a minimum payment of 15% of principal. Key dates: strike/pricing October 30, 2025, observation October 30, 2030, and maturity November 4, 2030. Sales are to fee-based advisory accounts; MS&Co. expects to make a market but is not obligated to do so.