Morgan Stanley SEC Filings

Morgan Stanley Finance has announced Buffered PLUS (Performance Leveraged Upside Securities) due January 16, 2030, linked to the S&P 500 Index. These principal-at-risk securities, fully guaranteed by Morgan Stanley, offer:

• Stated principal amount of $1,000 per security with estimated value of $969.10
• 150% leverage factor on upside performance, capped at maximum payment of $1,540 (154% of principal)
• 10% downside buffer - full principal protection if index declines ≤ 10%
• 1:1 loss exposure beyond buffer level, with minimum payment of 10% of principal

Key features include no periodic interest payments, 4.5-year maturity, and payment determined solely by S&P 500 performance on January 11, 2030 observation date. Securities involve significant risks including credit risk and potential principal loss. Trading begins July 16, 2025, with no planned exchange listing.

Morgan Stanley Finance LLC has announced Buffered PLUS (Performance Leveraged Upside Securities) due January 16, 2031, linked to the S&P 500 Index. These principal-at-risk securities, fully guaranteed by Morgan Stanley, offer the following key features:

• Principal amount of $1,000 per security with estimated value of $932.00
• 150% leverage factor on upside performance, capped at maximum payment of $1,567.50 (156.75% of principal)
• 10% downside buffer - full principal protection if index decline doesn't exceed 10%
• 1:1 loss exposure beyond buffer level, with minimum payment of 10% of principal

The securities pay no interest and involve significant risks including credit risk of Morgan Stanley. The issue price includes embedded costs for issuing, selling, structuring, and hedging. The offering will be issued on July 16, 2025, with final observation date on January 13, 2031.

Morgan Stanley Finance LLC announces Market Linked Securities tied to VanEck Gold Miners ETF, due July 6, 2028, with full guarantee from Morgan Stanley. Key features include:

• Face Value: $1,000 per security with CUSIP 61778NBN0
• Upside Potential: 150% participation rate up to a maximum return of at least 65.65% ($656.50 per security)
• Downside Protection: 15% buffer against losses, with 1:1 exposure beyond the buffer
• Structure: If ending price exceeds starting price, investors receive leveraged upside to cap. If price falls within buffer zone, principal is protected. Maximum loss potential is 85%

Estimated initial value is $948.40 per security, reflecting issuance and structuring costs. Notable risks include credit risk, limited appreciation potential, market price volatility, and exposure to gold mining sector and foreign currency fluctuations. Securities will not be exchange-listed, limiting secondary market trading.

Morgan Stanley Finance has announced Market Linked Securities tied to the VanEck Gold Miners ETF, due July 6, 2028. These structured notes offer leveraged upside participation with buffered downside protection.

Key features include:

• 150% upside participation rate up to a maximum return of at least 65.65% ($1,656.50 per $1,000 security)
• 15% downside buffer - first 15% of losses are protected
• 1-to-1 downside exposure beyond the buffer (maximum loss: 85%)
• Estimated value of $948.40 per security
• No periodic interest payments

The securities are unsecured obligations of Morgan Stanley Finance, fully guaranteed by Morgan Stanley. They target investors seeking enhanced equity returns who can accept significant risk and no current income. Wells Fargo Securities will receive commissions up to $28.25 per security. The securities will not be listed on any exchange.

Morgan Stanley Finance LLC announces Dual Directional Trigger PLUS securities linked to the S&P 500® Futures Excess Return Index (SPXFP), due August 5, 2030. Key features include:

• Leverage factor of 175% to 190% on positive index returns
• Absolute return participation rate of 50% on negative returns above threshold
• Downside threshold level at 60% of initial level
• Estimated value of $954.90 per security

The securities offer enhanced returns for both positive and negative index performance within specified ranges. However, investors face significant risks including no principal protection, credit risk of Morgan Stanley, and potential losses if the index falls below the 60% threshold. The payment at maturity varies based on the underlier's performance, with maximum returns at positive 60% change (paying $2,050) and complete loss possible at -100% change.

The offering is registered under numbers 333-275587 and 333-275587-01, with CUSIP 61778K7H4. Trading will be limited as securities won't be listed on exchanges.

Morgan Stanley Finance has filed a 424B2 prospectus supplement for Dual Directional Trigger PLUS securities due August 5, 2030, linked to the S&P 500 Futures Excess Return Index. These structured notes, fully guaranteed by Morgan Stanley, offer:

• Principal amount of $1,000 per security with an estimated value of $954.90
• Leveraged upside potential of 175-190% if the index rises above initial level
• Positive return based on absolute index decline if final level is above 60% threshold
• Risk of significant principal loss if index falls below 60% threshold

Key features include no interest payments, no principal protection, and a 50% absolute return participation rate for moderate index declines. The securities will be sold exclusively through fee-based advisory accounts. Investors face full credit risk of Morgan Stanley and could lose their entire investment if the index performs poorly or if the issuer defaults.

Morgan Stanley Finance has issued $3,168,900 in Capped Airbag GEARS linked to the MSCI EAFE® Index, due June 28, 2027. These structured notes offer:

• Leveraged Upside Potential: 2.0x exposure to positive index returns, capped at 26.92% maximum gain
• Downside Protection: Full principal protection if index doesn't fall below 90% of initial level (2,311.20)
• Risk Features: 1.111% loss in principal for every 1% decline below threshold; no interest/dividend payments

The securities are priced at $10.00 per unit with an estimated value of $9.833. Key risks include potential loss of principal, credit risk of Morgan Stanley, and limited secondary market liquidity. UBS Financial Services acts as placement agent with no sales commission for fee-based advisory accounts.

Morgan Stanley Finance LLC has issued $750,000 in Contingent Income Auto-Callable Securities due June 28, 2028, linked to the performance of Amazon, NVIDIA, and Tesla stocks. The securities offer a potential 19.30% annual coupon rate ($96.50 semi-annually per $1,000 security), payable if all underlying stocks close above their 50% downside threshold levels.

Key features include:

• Early redemption occurs if all stocks close at or above 100% of initial prices on semi-annual determination dates
• Principal is at risk, with potential losses exceeding 50% if any stock closes below its downside threshold at maturity
• Issue price: $1,000 per security with estimated value of $960.30
• Payments based on worst-performing stock among AMZN, NVDA, and TSLA

The securities are unsecured obligations of MSFL, guaranteed by Morgan Stanley, offering high-yield potential but with significant risk of receiving no coupons and losing principal. They are designed for investors seeking enhanced yield while accepting substantial market risk.

Morgan Stanley Finance has announced Auto-Callable Market Linked Securities tied to the performance of the Dow Jones Industrial Average and S&P 500 Index, due July 2, 2030. The securities, with a face value of $1,000 per unit, offer leveraged upside participation and fixed percentage buffered downside.

Key features include:

• Automatic call feature triggering if the lowest performing underlying exceeds its starting level on July 2, 2026, paying at least 7% premium
• 115% participation rate in underlying index gains if held to maturity
• 30% downside buffer protection
• Maximum potential loss of 70% of face value

The estimated value per security is $951.60, reflecting costs associated with issuing, selling, structuring, and hedging. The offering involves complex features and significant risks, including credit risk of Morgan Stanley as guarantor, market risk of the underlying indices, and potential loss of principal.