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 Trigger Jump Securities, five-year structured notes due August 29, 2031, linked to the worst performer of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and pay no interest.
Each note has a $1,000 stated principal amount. At maturity, if all three indices finish at or above their initial levels, investors receive $1,000 plus the greater of the worst-performing index’s percentage gain or a fixed upside payment of $670–$720 per note. If any index is below its initial level but all remain at or above 70% of their initial levels, investors receive only principal back. If any index ends below its 70% downside threshold, repayment is reduced one-for-one with the decline of the worst performer, with no minimum payment and potential loss of the entire investment.
The notes’ estimated value on the pricing date is $929.40 per $1,000 note, reflecting issuance, structuring and hedging costs and Morgan Stanley’s funding rate. Payments depend solely on the observation-date index levels and are subject to the credit risk of MSFL and Morgan Stanley.
Morgan Stanley Finance LLC is offering fixed-income buffered auto-callable securities due August 29, 2031, linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index, and fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and pays a fixed coupon, set on the pricing date, within an annual range of 6.80% to 7.80%, payable monthly regardless of index performance while the notes are outstanding.
Beginning August 25, 2027, the notes are subject to automatic early redemption if the index closes at or above 95% of its initial level on any monthly redemption determination date, in which case investors receive $1,000 plus the related coupon and no further payments. If not called, at maturity investors receive $1,000 plus the final coupon if the final index level is at or above 85% of the initial level. If the final level is below 85%, principal is reduced 1% for each 1% decline beyond the 15% buffer, with a minimum payment of 15% of principal, so a substantial loss of invested principal is possible.
The securities are unsecured obligations of MSFL, subject to Morgan Stanley credit risk, and are issued under the Series A Global Medium-Term Notes program. The estimated value on the pricing date is approximately $913.90 per $1,000, reflecting issuance, structuring and hedging costs and implying secondary market values below par. The underlier is a relatively new, rules-based, leveraged, volatility-targeted equity futures index with a 4% per annum decrement and limited live history, and the U.S. tax treatment of the notes is complex and uncertain.
Morgan Stanley Finance LLC is offering unsecured Callable Jump Notes due August 29, 2031, fully and unconditionally guaranteed by Morgan Stanley, linked to the S&P 500® Futures Excess Return Index. Each note has a stated principal amount and issue price of $1,000 and pays no periodic interest.
If the notes are not called and the final index level on August 26, 2031 exceeds the initial level, holders receive $1,000 plus an upside payment equal to 160% of the index’s percentage gain. If the final level is at or below the initial level, investors receive only the $1,000 principal at maturity.
Beginning August 31, 2027, the issuer may redeem the notes in whole on scheduled redemption dates if a risk neutral valuation model indicates early redemption is economically rational for Morgan Stanley. Redemption payments step up over time, from at least $1,120 on the first redemption date to at least $1,590 on the last. The estimated value on the pricing date is approximately $934.50 per note, reflecting structuring and hedging costs and the issuer’s funding spread. Investors face Morgan Stanley credit risk, limited or no secondary market liquidity, complex tax treatment as contingent payment debt instruments, and the potential for early redemption that can cap upside.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with an auto-call feature due August 30, 2029, linked to the worst performer of the Nasdaq-100 Technology Sector Index, Russell 2000 Index and S&P 500 Index, and fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an estimated value on the pricing date of approximately $950.80, reflecting issuance, selling, structuring and hedging costs borne by investors.
The notes may be automatically redeemed on September 8, 2027 if each underlier is at or above its call threshold (100% of its initial level), paying $1,142.50 to $1,152.50 per security, after which no further payments are made. If not called, at maturity investors receive upside exposure of 150% of the gain of the worst-performing index when all final levels exceed initial levels, return of principal when the worst-performing index stays within the 20% buffer, or a loss of 1% of principal for each 1% decline beyond the buffer, subject to a minimum payment of 20% of principal. The securities pay no interest, expose investors to principal loss and issuer/guarantor credit risk, and may be illiquid with secondary prices likely below the issue price.
Morgan Stanley Finance LLC is offering Trigger PLUS notes linked to the worst performer of the Dow Jones Industrial Average and the S&P 500® Index, maturing on August 29, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount and issue price of $1,000 and pays no interest.
At maturity, if both indices finish above their initial levels, investors receive $1,000 plus a leveraged upside payment based on a 123%–128% leverage factor applied to the worst-performing index’s gain. If either index is at or below its initial level but both are at or above 70% of their initial levels, investors receive only principal. If either index finishes below its 70% downside threshold, repayment is reduced 1% for each 1% decline in the worst performer, with no minimum payment, so the entire investment can be lost.
The estimated value on the pricing date is approximately $941 per $1,000 security, reflecting issuance, structuring and hedging costs and Morgan Stanley’s funding rate. All payments depend on Morgan Stanley’s and MSFL’s credit, and secondary market liquidity is expected to be limited.
Morgan Stanley Finance LLC is offering auto-callable Jump Securities due August 30, 2029, linked to the worst performing of the Russell 2000® and S&P 500® indices, with a stated principal amount of $1,000 per security and an estimated initial value of about $956.60. The notes are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, and principal is at risk.
The securities may be automatically redeemed on September 8, 2027 if each index is at or above its call threshold (100% of its initial level), paying an early redemption amount of $1,130–$1,140 per security. If not called, maturity payment depends on index performance: full principal plus an upside payment equal to 150% of the gain of the worst index if both finish above their initial levels; principal only if both remain at or above 70% downside thresholds; or a loss of 1% of principal for every 1% decline in the worst index below its threshold, potentially resulting in a zero payout. The notes pay no interest, are intended for investors willing to risk full principal and forgo current income, and are subject to Morgan Stanley’s credit risk, model-dependent valuation, limited liquidity and complex U.S. tax treatment.
Morgan Stanley Finance LLC is offering Step-Up Jump Notes with Auto-Callable Feature due August 31, 2033, linked to the rules-based Morgan Stanley Amplitude Index and fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, is issued at $1,000, and pays no periodic interest.
Starting with the first determination date on August 26, 2027, the notes are automatically redeemed if the index closes at or above a rising call threshold, paying at least $1,110–$1,660 per note depending on the year, after which no further payments are made. If not called and the final index level exceeds the initial level, investors receive $1,000 plus 100% of the index’s gain; otherwise they receive only $1,000 at maturity.
The estimated value on the pricing date is about $890.70 per note, below issue price due to issuing, selling, structuring and hedging costs. All payments depend on Morgan Stanley’s credit. The Amplitude Index is a multi-asset strategy with a 5% volatility target and embedded fees, including a 0.65% annual index fee, which can reduce index and note returns. The notes are not listed, may have limited liquidity, and are expected to be treated as contingent payment debt instruments for U.S. tax purposes.
Morgan Stanley Finance LLC is offering auto-callable Jump Notes due August 31, 2033, linked to the Morgan Stanley Amplitude Index and fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest, and returns at least principal at maturity, subject to issuer credit risk.
The notes can be automatically redeemed starting on August 26, 2027 if the index is at or above the call threshold (101% of the initial level), for at least $1,102.50 per note on the first early redemption date, rising annually to at least $1,615.00 by August 26, 2032. If not redeemed early and the final index level exceeds the initial level, investors receive principal plus a 100% participation in index appreciation; otherwise they receive only principal.
The estimated value on the pricing date is approximately $886.20 per note, below the $1,000 issue price due to issuing, selling, structuring and hedging costs and the issuer’s funding rate. The underlier is a new, rules-based, multi-asset index with a 5% volatility target, a risk-mitigation multiplier mechanism and embedded annual fees of 0.65% plus additional component costs, which can materially reduce index performance.
Morgan Stanley Finance LLC is offering unsecured Step-Up Jump Notes with Auto-Callable Feature due August 18, 2033, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest and is linked to the Morgan Stanley Amplitude Index.
Starting with the first determination date on August 16, 2027, the notes are automatically redeemed if the index closes at or above a rising call threshold, paying a step-up early redemption amount that corresponds to at least ~14.75% per annum (e.g., at least $1,147.50 in 2027 up to at least $1,885.00 in 2032). If not called, at maturity investors receive principal plus 100% of any index appreciation; if the final index level is at or below the initial level, only principal is repaid.
The notes are subject to the credit risk of MSFL and Morgan Stanley, are not listed, and may have limited or no secondary liquidity. The estimated value on the pricing date is approximately $877.30 per $1,000 note due to embedded costs. The Amplitude Index uses a rules-based, multi-asset, volatility-targeted strategy with a 5% volatility target and embedded fees (historically averaging about 1.4% per year on a back-tested basis), which can materially affect returns. For U.S. tax purposes, the issuer expects to treat the notes as contingent payment debt instruments, requiring accrual of taxable interest income over the life of the investment.
Morgan Stanley Finance LLC is offering unsecured Jump Notes with an auto-call feature due August 18, 2033, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount, pays no interest and is linked to the Morgan Stanley Amplitude Index.
Starting with the first determination date on August 16, 2027, the notes are automatically redeemed if the index closes at or above 101% of the initial level, paying at least $1,102.50 per note on the first early redemption date and rising to at least $1,615.00 by the sixth. If not called and the final index level exceeds the initial level, investors receive $1,000 plus 100% of the index’s appreciation; otherwise they receive only principal at maturity.
The estimated value on the pricing date is approximately $888.50 per note, below the issue price, reflecting issuing, selling, structuring and hedging costs. The Amplitude Index is a rules-based, multi-asset index with a 5% volatility target and an annual fee of 0.65% plus additional component costs. The notes are subject to Morgan Stanley’s credit risk and will not be listed on any exchange.