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 Buffered PLUS, unsecured structured notes linked to an equally weighted basket of ten U.S. and foreign stocks, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, total offering size of $885,000, prices at par, and matures on November 3, 2027.
The notes pay no coupons. At maturity, investors receive $1,000 plus 150% of any positive basket return, capped at a maximum payment of $1,309 per note. If the basket declines by up to the 10% buffer, principal is returned. Losses are 1% for each 1% decline beyond the buffer, with a minimum payment of $100 (90% principal at risk). The initial basket value is set to 100 using fixed multipliers to reflect 10% weighting for each component. The notes are not listed, have an estimated value of $964.60 on the pricing date, and all payments are subject to Morgan Stanley’s credit risk. Proceeds are for general corporate purposes and related hedging.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing principal-at-risk Contingent Income Auto-Callable Securities maturing February 3, 2028, linked to the worst performer of the Nasdaq-100® Technology Sector Index℠, the Russell 2000® Index and the S&P 500® Index. The issue size is $962,000 at $1,000 per security.
Investors may receive a 13.25% per annum contingent coupon only if, on each observation date, all three indices are at or above their coupon barrier levels (80% of initial). The notes may be automatically called quarterly starting January 29, 2027 if all indices are at or above 100% of their initial levels, paying par plus the contingent coupon.
If not called, and at maturity any index is below its downside threshold (70% of initial), repayment of principal is reduced 1% for each 1% decline of the worst-performing index, with potential loss of the entire investment. The estimated value on the pricing date is $980.40 per security, below the issue price, and all payments are subject to Morgan Stanley’s credit and limited secondary market liquidity.
Morgan Stanley reported a strong quarter for the three months ended June 30, 2026, with net revenues of $21.3 billion, up 27% from 2Q 2025, and net income applicable to common shareholders of $5.4 billion, up 60% from $3.4 billion. Diluted EPS rose to $3.46 from $2.13, while the expense efficiency ratio improved to 65%. Profitability metrics were robust, with ROE of 20.7%, ROTCE of 26.6% and a pre-tax margin of 34%.
All segments contributed: Institutional Securities net revenues increased 44% to $11.0 billion, driven by a 58% rise in Investment Banking and 69% growth in Equity. Wealth Management net revenues rose 14% to $8.9 billion, delivering a 30.5% pre-tax margin, $148.1 billion of net new assets and $39.1 billion of fee-based asset flows, with total client assets reaching $8,084 billion. Investment Management net revenues increased 6% to $1.6 billion on higher average AUM and positive long-term net flows of $7.5 billion.
The balance sheet and capital position remained strong: total assets were $1.68 trillion, common equity $106.6 billion, tangible common equity $83.6 billion, and the Standardized CET1 ratio was 14.9%. Average liquidity resources were $404,077 million, LCR was 129% and NSFR 116%. The firm repurchased $1.5 billion of common stock in the quarter and announced a quarterly dividend of $1.15 per share.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities, unsecured notes linked to the Class A common stock of Meta Platforms, Inc., fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, an issue price of $1,000 and an estimated value on the pricing date of approximately $985.20, reflecting issuance, selling, structuring and hedging costs borne by investors.
The notes pay no interest and offer a fixed upside payment of $167.40 per security (16.74%) if the final Meta share price on the August 16, 2027 observation date is at or above the buffer level of $472.192, which is 80% of the $590.24 initial level observed on August 3, 2026. If the final level falls below the buffer, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment at maturity and potential loss of the entire investment.
The securities mature on August 19, 2027, are subject to the credit risk of MSFL and Morgan Stanley, may have limited or no secondary market liquidity, and their market value can be adversely affected by changes in Morgan Stanley’s credit spreads and trading or hedging activity by affiliates. U.S. federal tax treatment is uncertain and expected to follow a prepaid financial contract characterization, subject to confirmation at pricing.
Morgan Stanley Finance LLC is offering Enhanced Trigger Jump Securities due February 8, 2028, linked to the common stock of Micron Technology, Inc., fully and unconditionally guaranteed by Morgan Stanley. These are principal-at-risk, unsecured notes that pay no interest and do not guarantee a return of principal.
Each security has a $1,000 stated principal amount and issue price. If the arithmetic-average final level of Micron stock on five final averaging dates is at or above the downside threshold level of $456.225 (55% of the initial level of $829.50), investors receive $1,000 plus a fixed upside payment of $596.80, a maximum return of 59.68% per security. If the final level is below the threshold, the maturity payment equals $1,000 multiplied by the performance factor (final level/initial level), producing a 1% loss of principal for each 1% decline in the underlier, with no minimum payment and potential loss of the entire investment.
The estimated value on the pricing date is approximately $973.20 per security, reflecting structuring and distribution costs, including up to $12.50 per $1,000 in placement fees. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities due August 19, 2027 linked to the common stock of Netflix, Inc., fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest, and is subject to Morgan Stanley’s credit risk.
At maturity, if the Netflix closing price on the August 16, 2027 observation date is at or above the buffer level of $62.331 (85% of the $73.33 initial level), investors receive $1,000 plus a fixed upside payment of $192.60, a 19.26% return, regardless of how much the stock has risen within that range. If the final level is below the buffer level, investors lose 1.1765% of principal for every 1% decline beyond the 15% buffer, with no minimum payment at maturity, so the entire investment can be lost.
The original issue price is $1,000 per security, including up to $10 in placement fees and other issuing, selling, structuring and hedging costs. The estimated value on the pricing date is approximately $984.70 per security. The notes are unsecured obligations of MSFL, guaranteed on an unsecured basis by Morgan Stanley, and may have limited or no secondary market liquidity.
Morgan Stanley Finance LLC is offering Market-Linked Notes due September 5, 2030, fully and unconditionally guaranteed by Morgan Stanley, whose return is based on the performance of the EURO STOXX 50® Index.
The notes pay no interest. At maturity, if the index’s final level on the observation date is greater than its initial level on the strike date, holders receive the $1,000 stated principal amount plus an upside payment equal to the participation rate (between 113% and 118%, set on the pricing date) multiplied by the index percent gain. If the final level is equal to or below the initial level, investors receive only the $1,000 principal, with no positive return.
The notes are senior unsecured obligations of MSFL, guaranteed by Morgan Stanley, and are subject to their credit risk. The estimated value on the pricing date is approximately $965.80 per note, below the $1,000 issue price due to issuing, selling, structuring and hedging costs. The notes will not be listed on any securities exchange, and any secondary trading may be limited. For U.S. tax purposes, the securities are expected to be treated as contingent payment debt instruments.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with an auto-callable feature due August 11, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays no periodic interest.
The notes are linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Beginning with the first determination date on August 13, 2027, the notes are automatically redeemed if the index closing level is at or above the call threshold level equal to 100% of the initial level, for early redemption payments that correspond to a return of approximately 18.80% per annum, up to $1,924.333 on the 48th determination date.
If not redeemed early, payment at maturity depends on the final index level: investors receive $1,940 per security if the final level is at or above the call threshold; the $1,000 principal if it is between the call threshold and the 85% buffer level; and a loss of 1% of principal for each 1% decline beyond the 15% buffer, subject to a minimum payment of 15% of principal. All payments are subject to Morgan Stanley’s credit risk. The estimated value on the pricing date is approximately $903.60 per security, reflecting issuance, selling, structuring and hedging costs, and secondary market liquidity may be limited.
Morgan Stanley Finance LLC is offering principal at risk Jump Securities with an auto-callable feature, fully and unconditionally guaranteed by Morgan Stanley, maturing on August 29, 2031. Each security has a stated principal amount and issue price of $1,000.
The notes are linked to the worst performing of the Nasdaq‑100 Technology Sector Index, Russell 2000 Index and S&P 500 Index. If on the first determination date all three indices are at or above their call thresholds (100% of initial levels), the notes are automatically redeemed for an early redemption payment of $1,200–$1,210 per security and terminate.
If not called, at maturity investors receive principal plus an upside payment equal to 150% of the gain of the worst performing index if all final levels exceed initial levels; principal only if all remain at or above 70% downside thresholds but at least one is at or below its initial level; and a loss of 1% of principal for each 1% decline in the worst performer below its downside threshold, potentially down to zero. The estimated value on the pricing date is approximately $939.50 per security, and all payments are subject to Morgan Stanley’s credit risk with limited secondary market liquidity expected.
Morgan Stanley Finance LLC is offering Trigger PLUS notes due August 7, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, pays no interest and exposes investors to the credit risk of Morgan Stanley.
The notes are linked to a basket composed of the MSCI EAFE Index (25%), MSCI Emerging Markets Index (10%) and S&P 500 Futures Excess Return Index (65%), with an initial basket level of 100. At maturity, if the final level is above the initial level, investors receive principal plus a leveraged upside payment equal to 196.70% of the basket’s percentage gain. If the final level is between 80 and 100, investors receive only principal. If it falls below the downside threshold level of 80, principal is reduced 1% for each 1% decline, with no minimum payment; the return can be zero.
The estimated value on the pricing date is approximately $974 per security, below the $1,000 issue price due to issuing, selling, structuring and hedging costs. The notes may have limited or no secondary market liquidity, and their value will be affected by Morgan Stanley’s credit spreads, market volatility and basket performance. U.S. federal income tax treatment is uncertain; the issuer expects to treat the notes as prepaid financial contracts.