MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable notes linked to the common stock of Oracle Corporation, due July 20, 2028. Each security has a stated principal amount of $1,000 and will pay a contingent coupon (annual rate to be set on the pricing date) only if the underlier meets coupon barrier tests on scheduled observation dates. The notes can be automatically redeemed early if the closing level of the underlier meets the call threshold on any redemption determination date; if not redeemed, repayment at maturity depends on the final level relative to the downside threshold and can result in a principal loss of 1% for each 1% decline in the underlier.

Key qualifiers: estimated value on the pricing date was approximately $952.50 per security, coupon barrier and downside threshold levels are set at 60% of the initial level in this supplement, and the contingent coupon range is disclosed as 18.50% to 19.50% per annum (final rate determined on the pricing date). All payments are unsecured obligations of MSFL and are fully guaranteed by Morgan Stanley and are subject to credit risk.

Morgan Stanley Finance LLC priced market-linked notes due June 30, 2031, linked to the EURO STOXX 50® Index, with a stated principal amount of $1,000 per note and an aggregate principal amount of $399,000. The notes pay no interest, are fully guaranteed by Morgan Stanley, and pay at maturity either the stated principal amount or the stated principal amount plus an upside payment equal to the participation rate times the underlier percent change. The participation rate is 115.25%. The strike and pricing date was June 25, 2026, original issue date June 30, 2026, observation date June 25, 2031 and maturity date June 30, 2031. The estimated value on the pricing date was $950.10 per note and the agent’s commission was $31.25 per note.

Morgan Stanley Finance LLC is offering $435,000 aggregate face amount of Digital iShares® Expanded Tech-Software Sector ETF‑Linked Notes due July 28, 2027, fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest and return at maturity is tied to the iShares Expanded Tech-Software Sector ETF performance measured from the Trade Date: June 26, 2026 to the Determination Date: July 26, 2027.

For each $1,000 Face Amount, holders receive $1,197.30 if the Final Underlier Level is ≥90% of the Initial Underlier Level ($88.20). If the Final Underlier Level is below that 90% Threshold ($79.38), the cash payment is reduced per the Buffer Rate (~111.11%), and investors could lose some or all principal. Estimated value on the trade date was $979.40 per note; all payments are subject to issuer credit risk.

Morgan Stanley Finance LLC is offering Trigger Callable Yield Notes due October 7, 2027, fully and unconditionally guaranteed by Morgan Stanley. The notes pay a monthly fixed Coupon (to be set on the Trade Date at 8.25%–8.80% per annum), are callable monthly beginning October 7, 2026 based on a risk neutral valuation model, and return at maturity either full principal or an amount linked to the Least Performing Underlying (the lower-performing of the Russell 2000® Index and the EURO STOXX 50® Index) measured against a Downside Threshold equal to 70% of each Initial Underlying Value. If not called and the Final Underlying Value of either underlying is below its Downside Threshold on the Final Valuation Date, holders suffer a principal loss proportional to the decline of the Least Performing Underlying. The Issue Price is $10.00 per note (minimum investment 100 notes); the issuer estimates an initial value of approximately $9.84 per note. All payments are subject to Morgan Stanley’s credit risk and the notes do not provide dividend rights or participation in underlying appreciation.

Morgan Stanley Finance LLC is offering principal‑at‑risk, auto‑callable market‑linked securities tied to the Class A common stock of CoreWeave, Inc. The securities have a face amount of $1,000 per security, an estimated value of $970.30 on the pricing date and a contingent coupon rate to be set on the pricing date of at least 30.35% per annum. Monthly calculation days begin July 2026; if not called, maturity is scheduled for July 3, 2029. Coupon payments are payable only when the underlying stock closing price meets or exceeds a coupon threshold equal to 50% of the starting price, and principal is at risk if the ending price is below a downside threshold equal to 50% of the starting price. The offering price is $1,000 per security, with agents’ commissions of up to $18.25 and proceeds to the issuer of $981.75 per security. The securities are fully and unconditionally guaranteed by Morgan Stanley and involve issuer credit risk, potential illiquidity, complex payoff mechanics and tax uncertainty.

Morgan Stanley Finance LLC is offering Structured Investments Variable Income Auto-Callable Notes due June 30, 2031, fully guaranteed by Morgan Stanley. The offering registers an aggregate principal amount of $4,279,000 in $1,000 denominations. The notes pay a variable monthly coupon that is either 12.00% (higher) or 0.25% (lower) per annum depending on each observation date and are linked to the worst performing share among AMD, Meta (class A), Marvell and Tesla. The notes may be automatically redeemed early on scheduled redemption determination dates if every underlier meets its call threshold; early redemption pays the stated principal plus the higher coupon for the related period. The estimated value on the pricing date was $942.40 per note and the price to public was $1,000 per note (agent commission $42.50 per note). All payments are subject to Morgan Stanley's credit risk and the notes will not be listed on any exchange.

Morgan Stanley Finance LLC priced a structured, variable‑coupon, auto‑callable note offering linked to the worst performing of NVDA, META, ORCL and GOOG, with an $1,261,000 aggregate principal amount and a stated principal amount of $1,000 per note. The notes are unsecured obligations of MSFL and are fully and unconditionally guaranteed by Morgan Stanley; they pay a variable coupon of either 9.25% (higher coupon) or 0.25% (lower coupon) per annum depending on observation‑date tests and include automatic early redemption mechanics and a final maturity of June 30, 2031.

The issue price is $1,000 per note, the estimated value on the pricing date is $948.50 per note, selected dealers receive a $37 commission per note, and net proceeds per note to the issuer are $963 (total proceeds shown $1,214,343).

Morgan Stanley Finance LLC is offering Structured Investments: Variable Income Auto-Callable Notes due June 30, 2031, linked to the worst performing of Palantir (PLTR), Goldman Sachs (GS) and Qualcomm (QCOM), with an aggregate principal amount of $543,000. The notes pay a variable monthly coupon of 9.75% (higher) or 0.25% (lower), are unsecured obligations of MSFL and are fully guaranteed by Morgan Stanley.

Morgan Stanley Finance LLC priced $894,000 of structured, variable‑coupon auto‑callable notes due June 30, 2031 that are fully and unconditionally guaranteed by Morgan Stanley. The notes pay a monthly variable coupon of 6.00% (higher) or 1.00% (lower) depending on monthly observation dates and are linked to the worst performing of Meta (META), Palantir (PLTR), Netflix (NFLX) and Tesla (TSLA). The notes can be automatically redeemed beginning with the first redemption determination date June 25, 2027 if each underlier meets its call threshold; otherwise investors receive scheduled coupons and the stated principal of $1,000 per note at maturity. All payments are subject to the issuer’s credit risk and the notes will not be listed on any exchange.