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 pricing supplement for Contingent Income Auto-Callable Securities due October 20, 2028, linked to The Home Depot, Inc. (HD) common stock and fully and unconditionally guaranteed by Morgan Stanley. These principal-at-risk securities pay a contingent quarterly coupon at an annual rate of 10.60% (about $26.50 per $1,000 per quarter) only when the determination closing price is at or above 80% of the initial share price.
The notes are auto-callable on any of the first eleven determination dates if HD’s price is at or above the initial share price, redeeming at $1,000 plus the contingent coupon. If held to maturity and HD is at or above the 80% downside threshold, the payout is $1,000 plus the final coupon; otherwise, investors are exposed 1-to-1 to the decline and could receive significantly less than 80% of principal, down to zero. Investors do not participate in any stock appreciation.
Per-security economics: Issue price $1,000; estimated value approximately $970 (within $30); agent sales commission $17.50; structuring fee $5; and proceeds to the issuer $977.50. The securities are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and will not be listed on any exchange.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due September 21, 2027, fully and unconditionally guaranteed by Morgan Stanley. These unsecured, principal-at-risk notes pay a contingent coupon at 10.30% per annum only if, on each observation date, the closing level of all three underliers—the SPDR S&P Regional Banking ETF (KRE), the S&P 500 Index (SPX) and the Nasdaq-100 Technology Sector Index (NDXT)—is at or above its coupon barrier level (70% of its initial level).
The notes are callable in whole (not in part) on scheduled redemption dates starting January 22, 2026, if a risk neutral valuation model indicates calling is economically rational for the issuer; early redemption is not automatic based on underlier performance. If not called, at maturity investors receive the stated principal amount only if each underlier’s final level is at or above its downside threshold (60% of initial). If any underlier is below its threshold, repayment is reduced 1% for each 1% decline of the worst performer, potentially to zero. The issue price is $1,000 per security; the estimated value on the pricing date is approximately $966.10 per security. The notes will not be listed and all payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC priced Callable Contingent Income Securities fully and unconditionally guaranteed by Morgan Stanley, with an aggregate principal amount of $1,392,000. The notes pay a contingent coupon at 11.00% per annum only if, on each observation date, the S&P 500, Nasdaq-100 Technology Sector Index, and Russell 2000 are all at or above their coupon barrier levels, set at 70% of initial levels.
The notes are callable in whole, beginning January 14, 2026, if a risk‑neutral valuation model indicates redemption is economically rational for the issuer. If not called, they mature on October 14, 2027. At maturity, investors receive principal only if each index is at or above its downside threshold (also 70% of initial); otherwise, repayment is reduced 1% for each 1% decline in the worst-performing index, potentially to zero.
Issue price is $1,000 per security, with an estimated value of $983.90. Proceeds to the issuer are $993 per security (total $1,382,256), reflecting $7 in agent fees. Payments are subject to Morgan Stanley’s credit risk. The securities will not be listed on an exchange and may have limited liquidity.
Morgan Stanley Finance LLC priced a structured note offering of $136,642,000 in Callable Fixed Income Securities due October 1, 2026, fully and unconditionally guaranteed by Morgan Stanley. The notes are linked to the worst performing of the S&P 500, Nasdaq‑100, and Russell 2000 and are principal at risk.
The securities pay a fixed coupon of 8.66% per annum with monthly payments. Beginning April 1, 2026, the issuer may redeem the notes on specified monthly dates if a risk‑neutral valuation model indicates redemption is economically rational for the issuer. If not called, at maturity investors receive par only if each index is at or above its 70% downside threshold; otherwise, repayment of principal is reduced one‑for‑one with the decline of the worst index, potentially to zero.
The issue price is $1,000 per note; estimated value on the pricing date is $987.80 per note. Agent-related fees total $341,605, with proceeds to the issuer of $136,300,395. The notes will not be listed and are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC is offering Contingent Income Memory Auto-Callable Securities linked to the common stock of NVIDIA Corporation, fully and unconditionally guaranteed by Morgan Stanley. These are principal-at-risk notes that pay a contingent coupon only when the underlier closes at or above a coupon barrier on each observation date. If triggered, missed coupons may be paid later under the memory feature. The notes may be automatically redeemed if the underlier is at or above a call threshold on specified redemption determination dates, returning the stated principal amount plus the applicable coupon and any previously unpaid coupons.
The securities are scheduled to mature on November 3, 2027 if not called, with observation and potential coupon payment dates monthly. At maturity, if not called and the final level is at or above the downside threshold (65% of the initial level), investors receive the stated principal amount plus any payable coupon; otherwise, repayment is reduced 1% for every 1% decline in the underlier, potentially to zero. The issue price is $1,000 per security, with an estimated value of approximately $955 on the pricing date. The contingent coupon rate will be set in a range of 12.00% to 13.00% per annum. The notes are unsecured obligations subject to Morgan Stanley’s credit risk and will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, announced a preliminary 424(b)(2) pricing supplement for Jump Securities with an auto-callable feature linked to the S&P 500 Index, maturing on October 20, 2027. These principal-at-risk notes are issued at $1,000 per security with estimated value on the pricing date of approximately $981.80 and agent fees of $15 per $1,000.
The notes may be automatically redeemed on November 2, 2026 if the index on October 28, 2026 is at or above the call threshold (100% of the initial level), paying at least $1,087.20 per security. If not called, at maturity investors receive the principal plus the greater of an upside payment of at least $174.40 or 100% participation in index gains; if the final level is below the initial but at or above the downside threshold (70% of initial), they receive principal; below the downside threshold, repayment is reduced one-for-one with index decline. All payments are subject to issuer and guarantor credit risk, and the securities will not be listed on any exchange.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley (MS), is offering Contingent Income Auto-Callable Securities due October 21, 2027 linked to the worst performer of the NDXT, SPX and RTY indices. These principal-at-risk notes pay a contingent coupon at 10.65% per annum only if each index closes on its observation date at or above its 70% coupon barrier.
The notes may be automatically redeemed on scheduled dates starting April 16, 2026 if each index is at or above its 100% call threshold, returning the $1,000 stated principal plus the applicable coupon. If held to maturity and each index is at or above its 70% downside threshold, investors receive principal (and the final coupon if payable). If any index finishes below its downside threshold, the repayment is reduced 1% for every 1% decline of the worst-performing index, which could result in total loss of principal.
The issue price is $1,000 per security; the estimated value on the pricing date is approximately $977.90. The notes are unsecured, subject to the issuer’s and guarantor’s credit risk, and will not be listed on an exchange.
Morgan Stanley Finance LLC filed a preliminary pricing supplement for Contingent Income Memory Buffered Auto‑Callable Securities due October 24, 2030, linked to the S&P U.S. Equity Momentum 40% VT 4% Decrement Index and fully guaranteed by Morgan Stanley. These unsecured, principal‑at‑risk notes offer a 12.00% annual contingent coupon if the index closes at or above the 80% coupon barrier on an observation date; missed coupons may be paid later if the barrier is met.
The notes are auto‑callable if the index is at or above the 100% call threshold on a redemption determination date, beginning October 20, 2026, paying principal plus any due/previously unpaid coupons. If held to maturity and the final level is at or above the 85% buffer level, investors receive principal (plus applicable coupons). Below the buffer, repayment is reduced 1% for each 1% decline beyond the 15% buffer, with a minimum payment at maturity of 15% of principal.
The issue price is $1,000 per security; the estimated value on the pricing date is approximately $910.90 per security. The index was established on March 14, 2022; its closing level on October 10, 2025 was 1,077.49. All payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC, fully and unconditionally guaranteed by Morgan Stanley (MS), announced preliminary terms for Contingent Income Auto‑Callable Securities due October 21, 2030 linked to the S&P 500 Futures 40% Intraday 4% Decrement VT Index. These principal‑at‑risk notes offer a 16.50% annual contingent coupon, paid only if the underlier closes on or above the coupon barrier on each observation date.
The notes may be automatically redeemed beginning on October 19, 2026 if the underlier is at or above the call threshold (100% of the initial level), for the $1,000 stated principal amount plus the applicable coupon. If held to maturity and not previously redeemed, investors receive the stated principal if the final level is at or above the downside threshold (50% of initial); otherwise, repayment is reduced 1% for every 1% decline in the underlier, potentially to zero.
The coupon barrier is 70% of the initial level. The issue price is $1,000 per security; the preliminary estimated value is approximately $924 per security. The notes are unsecured, subject to the issuer’s and guarantor’s credit risk, will not be listed on any exchange, and are intended for fee‑based advisory accounts with no sales commission paid to MS & Co.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, filed a preliminary pricing supplement for step-down callable contingent income memory buffered securities due October 25, 2028. These principal-at-risk notes are linked to the worst performing of the Nasdaq‑100 Index, the Consumer Staples Select Sector SPDR Fund, and the S&P 500 Futures Excess Return Index, with a $1,000 issue price and denominations of $1,000.
The notes offer a 10.00% per annum contingent coupon payable only if each underlier is at or above its then‑applicable coupon barrier on the observation date; missed coupons can be paid later if a future observation meets the barrier. The issuer may call the notes on scheduled dates if a risk‑neutral valuation model indicates early redemption is economically rational for the issuer. At maturity, if not called, investors receive principal only if each underlier is at or above a 25% buffer level; otherwise losses increase by 1.3333% for each 1% decline of the worst underlier beyond the buffer. The estimated value on the pricing date is approximately $989.50 per security (within $45.00 of that estimate). The notes are unsecured, subject to issuer/guarantor credit risk, and will not be listed.