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 Fixed Income Buffered Auto-Callable Securities due August 29, 2031, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. The notes pay a fixed coupon at an annual rate of 7.15% to 8.15%, payable monthly, regardless of index performance, so long as the notes remain outstanding.
The securities are linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. They will be automatically redeemed on specified monthly dates if the index closes at or above 100% of its initial level, paying principal plus the applicable coupon and then terminating. If not called and held to maturity, investors receive principal back only if the final index level is at or above the 85% buffer level. Below that buffer, repayment is reduced 1% for each 1% further decline, subject to a minimum payment at maturity of 15% of principal, so a substantial loss of invested principal is possible.
The original issue price is $1,000, while the estimated value on the pricing date is approximately $913.70 per security, reflecting issuance, structuring and hedging costs borne by investors. The notes are unsecured obligations subject to the credit risk of MSFL and Morgan Stanley, may have limited secondary liquidity, and involve complex index, market, and U.S. tax considerations, including potential 30% withholding for some non-U.S. holders.
Morgan Stanley Finance LLC is offering principal-at-risk Jump Securities due August 28, 2031, linked to the worst performing of the SPDR® S&P MidCap 400® ETF Trust (MDY) and the State Street® SPDR® S&P® Regional Banking ETF (KRE), fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and an issue price of $1,000, while the estimated value on the pricing date is approximately $934.20 per security, reflecting issuing, selling, structuring and hedging costs borne by investors.
The notes feature automatic early redemption starting August 30, 2027 if the closing level of each ETF is at or above its call threshold (100% of initial level), paying fixed early redemption amounts that imply roughly 10.40% per annum, up to $1,494 on the last call date. If held to maturity and both final levels meet the call thresholds, investors receive $1,520 per security; if both are at or above 70% downside thresholds but one is below its call threshold, only principal is returned. If either ETF finishes below its downside threshold, repayment is reduced 1% for each 1% decline of the worst performer, and payment can fall to zero. The securities pay no interest, offer no participation in upside of the ETFs, and all payments are subject to Morgan Stanley’s credit risk and the risks of mid-cap and regional bank equity exposure.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Buffered Jump Securities with an auto-call feature maturing on September 5, 2031, linked to the S&P® U.S. Equity Momentum 40% VT 4% Decrement Index. Each security has a $1,000 stated principal and issue price.
The notes may be automatically redeemed quarterly from September 1, 2027 onward if the index is at or above a call threshold equal to 90% of the initial level, for increasing cash payments ranging from about $1,175 to $1,909.583 per $1,000. If held to maturity and not called, investors receive $1,875–$1,925 per security if the final index level is at or above the call threshold, only principal back if it is between the 85% buffer level and the threshold, and a linear loss beyond a 15% buffer (down to a minimum of 15% of principal).
The notes pay no interest, do not participate in index upside beyond the fixed payouts, and all payments are subject to the credit risk of MSFL and Morgan Stanley. The estimated value on the pricing date is approximately $932.40 per $1,000, reflecting issuance, structuring and hedging costs and model-based valuation.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due August 30, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and is linked to the worst performing of the EURO STOXX 50, Russell 2000 and S&P 500 indices.
Investors may receive a contingent coupon of 9.00%–10.00% per annum, paid only if on each observation date all indices are at or above 80% of their initial levels. The notes are automatically redeemed if on a redemption determination date all indices are at or above 100% of initial, returning principal plus that period’s coupon.
If not redeemed early, and on the final observation date all indices are at or above 70% of initial, investors receive principal back (plus any final coupon). If any index is below 70%, repayment is reduced 1% for every 1% decline in the worst performer, down to zero. The notes are principal at risk, unsecured obligations, with an estimated value of approximately $948.40 per $1,000 on the pricing date and limited expected liquidity.
Morgan Stanley Finance LLC is offering Digital Russell 2000 Index-Linked Notes, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 face amount, pays no interest, and matures in about 12–14 months, with principal at risk.
At maturity, investors receive a fixed maximum settlement amount if the Russell 2000 final level is at least 90% of its initial level, expected to be $1,104.40–$1,122.50 per $1,000 (110.44%–112.25% of face). If the index falls more than 10%, the payoff declines linearly using a buffer rate of about 111.11%, and investors can lose up to their entire investment.
The notes are unsecured obligations of MSFL, guaranteed by Morgan Stanley, and all payments depend on Morgan Stanley’s credit. The estimated value on the trade date is approximately $986.70 per note versus the $1,000 issue price, reflecting structuring, hedging and distribution costs and the issuer’s internal funding rate. The notes will not be listed, may have limited liquidity, and secondary prices may be substantially below the issue price.
Morgan Stanley Finance LLC is offering Trigger PLUS structured notes due August 29, 2030, 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 the Dow Jones Industrial Average and S&P 500 Index finish above their initial levels, investors receive $1,000 plus a leveraged upside payment equal to 115% of the appreciation of the worst performing index. If at least one index is at or below its initial level but both remain at or above 70% of their initial levels, investors receive only $1,000. If either index closes below 70% of its initial level, repayment is reduced one-for-one with the decline of the worst performer, with no minimum payment, so the entire investment can be lost.
The securities are unsecured obligations subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley. The estimated value on the pricing date is approximately $943.60 per security, reflecting issuance, selling, structuring and hedging costs and internal pricing assumptions, and may differ from any secondary market prices.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due August 2, 2029, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an aggregate principal of $1,693,000, and is linked to the worst performer of three ETFs: the State Street Health Care Select Sector SPDR ETF (XLV), the State Street Real Estate Select Sector SPDR ETF (XLRE) and the VanEck Gold Miners ETF (GDX).
The notes pay a contingent coupon at 13.40% per annum, only if on each observation date all underliers close at or above their coupon barrier levels, set at 60% of their initial levels (XLV: $98.112; XLRE: $27.18; GDX: $46.068). The downside threshold levels are identical to the barriers. If the notes are not redeemed and any final underlier level is below its downside threshold, the maturity payment is reduced in proportion to the worst-performing underlier, potentially to zero.
Beginning August 4, 2027, the issuer may redeem the notes on specified dates for par plus any due coupon, but only if a risk neutral valuation model indicates redemption is economically rational for the issuer. The estimated value on the pricing date is $979.20 per security, below the $1,000 issue price, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due August 30, 2029, fully and unconditionally guaranteed by Morgan Stanley, with a $1,000 stated principal per security. Returns are linked to the worst performer of the Dow Jones Industrial Average, EURO STOXX 50® Index and Russell 2000® Index.
Investors may receive a contingent coupon of 8.75%–9.75% per year, paid only if on each observation date all three indices close at or above their respective coupon barrier levels, set at 80% of initial levels. The notes are automatically redeemed at par plus the applicable coupon if, on specified redemption determination dates, all indices are at or above their call thresholds (100% of initial levels.
If not called, and at maturity all indices are at or above downside thresholds of 70% of initial levels, principal is repaid (plus any final coupon). If any index finishes below its downside threshold, repayment is reduced in full proportion to the worst index’s decline, potentially to $0. The estimated value on the pricing date is about $950.20 per security, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Buffered Jump Securities with Auto-Callable Feature due August 4, 2033, linked to the S&P U.S. Equity Momentum 40% VT 4% Decrement Index and fully guaranteed by Morgan Stanley. The notes have a stated principal amount of $1,000 per security, total offering size of $5,979,000, and pay no interest. All payments depend on Morgan Stanley’s credit.
The notes may be automatically redeemed quarterly from August 2, 2027 if the index is at or above the call threshold level of 1,262.07, paying a cash amount that corresponds to about 18.25% per annum, up to a maximum early redemption payment of $2,262.292 per $1,000. If held to maturity and not called, investors receive $2,277.50 per security if the final index level is at or above the buffer level of 1,009.656 (80% of initial). Below the buffer, principal is reduced 1% for each 1% index decline beyond the 20% buffer, with a minimum payment of 20% of principal. The estimated value at pricing is $909.60 per security, reflecting embedded costs and the issuer’s pricing models.
Morgan Stanley Finance LLC is issuing Contingent Income Auto-Callable Securities due August 2, 2029, fully and unconditionally guaranteed by Morgan Stanley, linked to the State Street SPDR S&P Regional Banking ETF. Each security has a $1,000 stated principal amount and issue price, with an aggregate principal of $4,780,000.
Investors may receive a 9.00% per annum contingent coupon, payable only if the ETF’s closing level on an observation date is at or above the coupon barrier level of $53.13, which is 70% of the initial level of $75.90. The notes are auto-callable quarterly beginning October 30, 2026 if the ETF is at or above the call threshold of $75.90, returning principal plus the applicable coupon.
If not redeemed early, at maturity investors receive principal back (plus any final coupon) only if the ETF is at or above the downside threshold of $53.13. Otherwise, repayment is reduced 1% for each 1% decline in the ETF, potentially to zero. The estimated value on the pricing date is $973.50 per security, below the issue price, and all payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley.