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 Dual Directional Trigger Jump Securities linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 principal amount, pays no interest and exposes investors to principal at risk.
At maturity on August 29, 2031, if the index is at or above its initial level, holders receive $1,000 plus the greater of the index gain or a fixed upside payment of $562.50–$582.50. If the index is below its initial level but at or above 70% of that level, investors get $1,000 plus a positive return equal to the index’s percentage decline, capped at a 30% gain. If the index finishes below the 70% downside threshold, investors lose 1% of principal for each 1% index decline, up to a total loss.
The estimated value on the pricing date is approximately $935.60 per security, reflecting issuance, selling, structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of MSFL and Morgan Stanley, may be illiquid, and carry complex tax and derivative risks.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering Dual Directional Buffered Jump Securities maturing on August 29, 2031, linked to the S&P 500® Futures Excess Return Index. Each security has a $1,000 stated principal amount and pays no interest.
At maturity, if the index is at or above its initial level, holders receive $1,000 plus the greater of the index gain or a fixed upside payment of $490–$510 per security. If the index is below the initial level but at or above the 80% buffer level, investors earn a positive return equal to the absolute index decline, up to a 20% gain. If the final level is below the buffer, principal is reduced 1% for each 1% further decline, subject to a minimum payment of 20% of principal.
The estimated value on the pricing date is approximately $937.90 per $1,000 security, reflecting issuing, selling, structuring and hedging costs. The notes are unsecured obligations of MSFL, subject to Morgan Stanley’s guarantee and credit risk, may be illiquid, and involve complex payoff and tax characteristics.
Morgan Stanley Finance LLC is offering principal-at-risk Jump Securities with an auto-callable feature, linked to the worst performer of the Russell 2000 Index and the S&P 500 Index, maturing on September 6, 2029. Each security has a $1,000 stated principal amount, is unsecured, and fully and unconditionally guaranteed by Morgan Stanley.
The notes may be automatically redeemed on September 10, 2027 for an early redemption payment of $1,165 per security if on the first determination date each index closes at or above its 100% call threshold of its initial level. If not called, at maturity investors receive: principal plus an upside payment equal to 150% of the gain of the worst-performing index if both final levels exceed initial levels; principal only if each index is at or above its 75% downside threshold level but at least one is at or below its initial level; or a loss of 1% of principal per 1% decline in the worst-performing index if either finishes below its downside threshold, potentially resulting in a zero payment.
The estimated value on the pricing date is approximately $970.40 per $1,000 security, reflecting issuance, selling, structuring and hedging costs. All payments depend on Morgan Stanley’s credit, there is no interest, no principal protection, limited liquidity, and complex, uncertain U.S. tax treatment.
Morgan Stanley Finance LLC is offering Trigger PLUS structured notes due September 5, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal and pays no interest. The notes are linked to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices.
At maturity, if each index finishes above its initial level, holders receive principal plus 400% leveraged upside, capped at a maximum payment of $1,890 to $1,940 per $1,000. If any index finishes at or below its initial level but all remain at or above 70% of their initial levels, investors receive only principal. If any index ends below its 70% downside threshold, repayment is reduced 1% for each 1% decline in the worst-performing index, and the payment can fall to zero.
The securities are unsecured obligations subject to the credit risk of Morgan Stanley and MSFL. The estimated value on the pricing date is about $964.60 per security, reflecting issuance, structuring and hedging costs that reduce economic terms for investors.
Morgan Stanley Finance LLC is offering Market-Linked Notes due August 30, 2029, fully and unconditionally guaranteed by Morgan Stanley, linked to the Morgan Stanley Amplitude Index. The notes pay no interest and return at least the $1,000 principal per note at maturity, subject to issuer and guarantor credit risk.
At maturity, if the Index’s final level exceeds its initial level, holders receive principal plus an upside payment equal to principal × a participation rate of 478%–483% × the Index percent change. If the final level is at or below the initial level, only principal is repaid. The estimated value on the pricing date is approximately $917.30 per note, reflecting issuance, structuring and hedging costs.
The Amplitude Index is a new, rules-based, multi-asset strategy with a 5% volatility target, leverage up to 125%, and a risk-mitigation multiplier mechanism, and it incurs ongoing fees including a 0.65% per annum index fee plus component costs. The notes will not be listed, secondary liquidity may be limited, and U.S. investors are expected to treat them as contingent payment debt instruments for tax purposes.
Morgan Stanley Finance LLC is offering Digital S&P 500 Index-Linked Notes, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 Face Amount, pays no interest, is unsecured and principal at risk, with a term expected to be 13–15 months.
At maturity, if the S&P 500 final level is at least 90% of the initial level, investors receive a (about $1,088.50–$1,103.80 per $1,000). If the index falls more than 10%, repayment declines linearly with a Buffer Rate of about 111.11%, and investors can lose their entire investment.
The price to the public is $1,000, including $10.90 in selling commissions and $989.10 in proceeds to the issuer per note. The estimated value on the trade date is approximately $985.40 per note. The notes will not be listed and secondary liquidity and pricing will depend on dealer markets and Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering market-linked notes due June 1, 2028, fully and unconditionally guaranteed by Morgan Stanley, with returns tied to the Morgan Stanley Amplitude Index™. Each note has a stated principal amount and issue price of $1,000 and pays no periodic interest.
At maturity, investors receive the principal plus an upside payment if the index final level exceeds the initial level, based on a participation rate of 250%–255%; otherwise only principal is repaid. The indicative estimated value on the pricing date is approximately $944.20 per note, reflecting issuance, structuring and hedging costs.
The underlier is a complex, rules-based multi-asset index targeting 5% volatility and applying a risk-mitigation multiplier-adjustment mechanism, with an annual fee of 0.65% plus transaction and margin costs that historically averaged about 1.4% per year on a back-tested basis. The notes are unsecured, not listed, subject to Morgan Stanley credit risk, potential illiquidity, CPDI tax treatment and the risks of a relatively new, back-tested strategy index.
Morgan Stanley Finance LLC is offering principal at risk “Jump Securities”, auto-callable notes due September 6, 2029, based on the worst performer of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley.
Each security has a $1,000 stated principal amount and issue price, with an estimated value of about $973.60 per security on the pricing date due to embedded issuing, selling, structuring and hedging costs. The notes pay no interest and do not guarantee return of principal.
The notes are automatically redeemed on September 10, 2027 if, on the first determination date, each index closes at or above its call threshold, triggering an early redemption payment of $1,167.50–$1,177.50 per security. If not called, maturity payoff depends on the worst performing index: investors receive principal plus 150% of its gain if both indexes finish above initial levels; principal only if both finish at or above 70% of initial; and a 1:1 loss with the worst index if either finishes below 70%, potentially reducing the payment to zero.
The securities are unsecured obligations of MSFL, subject to Morgan Stanley’s guarantee and overall credit risk. Market value is expected to be below the issue price and secondary liquidity may be limited, with pricing influenced primarily by Morgan Stanley & Co. LLC.
Morgan Stanley Finance LLC is offering market-linked notes due August 30, 2029, fully and unconditionally guaranteed by Morgan Stanley, linked to the S&P 500® Index. Each note has a stated principal amount and issue price of $1,000 and pays no periodic interest.
At maturity, investors receive the $1,000 principal plus an upside payment equal to 100% of any positive S&P 500 performance, capped at a maximum payment between $1,185 and $1,205 per note. If the index level is at or below its initial level, only principal is repaid. The estimated value on the pricing date is approximately $955.40 per note, reflecting issuance, selling, structuring and hedging costs.
The notes are unsecured obligations of MSFL, subject to Morgan Stanley’s credit risk, will not be listed on any exchange, and may have limited or no secondary market. For U.S. tax purposes, they are expected to be treated as contingent payment debt instruments, requiring annual accrual of interest income.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due September 6, 2029, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security. The notes are linked to the worst performing of the EURO STOXX 50, Russell 2000 and S&P 500 indices and are principal-at-risk.
Investors receive a contingent coupon, at an annual rate of 11.25%–12.25%, only if on each observation date all indices close at or above their coupon barrier level (80% of initial level). The notes are automatically redeemed at par plus the coupon if, on specified dates starting February 26, 2027, all indices are at or above their call threshold level (100% of initial level. If held to maturity without early redemption and any index finishes below its downside threshold level (70% of initial), investors lose 1% of principal for each 1% decline in the worst performer, potentially losing the entire investment. The estimated value on the pricing date is approximately $968.40 per $1,000 note.