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 Jump Securities with Auto-Callable Feature due August 17, 2029, linked to Vertiv Holdings Co Class A common stock and fully guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an estimated value on the pricing date of approximately $953.20, reflecting issuance, selling, structuring and hedging costs borne by investors.
The notes can be automatically redeemed on four semiannual determination dates starting August 23, 2027 if the stock closes at or above a call threshold set at 75% of the initial level, for early redemption payments of at least $1,250, $1,375, $1,500 or $1,625 per security. If held to maturity and not called, investors receive at least $1,750 per security if the final level is at or above the call threshold. If the final level is below the call threshold but at or above a downside threshold of 50% of the initial level, investors receive principal plus an “absolute return” on price declines up to that threshold, capped at a 50% gain. If the final level falls below the downside threshold, repayment is fully exposed to the underlier’s loss, with payment equal to principal times the performance factor, and the investment can result in a total loss of principal.
The securities pay no interest, are unsecured obligations subject to Morgan Stanley’s credit risk, may trade at values below issue price, and may be illiquid. U.S. federal tax treatment is uncertain; the issuer reasonably expects to treat the notes as prepaid financial contracts that are open transactions for tax purposes.
Morgan Stanley Finance LLC is issuing Enhanced Trigger Jump Securities due September 2, 2027, fully and unconditionally guaranteed by Morgan Stanley. The notes are unsecured, pay no interest, and do not guarantee any return of principal.
Each $1,000 security is linked to the worst performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index. If on the August 30, 2027 observation date the final level of each index is at or above 75% of its initial level, investors receive $1,000 plus a fixed upside payment of $97.50any index finishes below its downside threshold, repayment is $1,000 multiplied by that index’s performance factor, producing a 1% loss of principal for each 1% decline, with no minimum payment and potential total loss.
The aggregate principal amount is $736,000 at an issue price of $1,000 per security, with an estimated value on the pricing date of $973.70
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing five-year Trigger Step Securities linked to the EURO STOXX 50® Index, with each Security priced at $10 and maturing on August 15, 2031. The trade date is August 13, 2026.
If the index’s Final Level is at or above the Step Barrier set at 100% of the Initial Level, investors receive $10 plus the greater of the index return or a fixed Step Return between 55.00% and 60.00%, determined on the trade date. If the Final Level is below the Step Barrier but at or above the Downside Threshold of 75% of the Initial Level, investors receive only the $10 principal. If the Final Level is below the Downside Threshold, repayment is $10 plus $10 times the index return, exposing investors to full downside and possible total loss of principal.
The notes pay no interest or dividends, are unsecured and unsubordinated, and all payments depend on Morgan Stanley’s credit. The issue price of $10 includes fees and hedging costs; the issuer estimates the initial value at approximately $9.42 per Security, about $0.58 below the price to the public.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due August 15, 2031, fully and unconditionally guaranteed by Morgan Stanley, with principal at risk. The notes are linked to the worst performing of the Dow Jones Industrial Average, Nasdaq‑100 Index and Russell 2000 Index.
Investors may receive a contingent coupon at 8.39% per annum, paid only if on each observation date the closing level of every index is at or above its coupon barrier level, set at 70% of its initial level. If any index is below its barrier on an observation date, no coupon is paid for that period, and it is possible to receive no coupons over the entire term.
If not previously redeemed, at maturity investors receive principal back only if each index is at or above its downside threshold level, set at 65% of its initial level. Otherwise, the payoff is reduced by the full decline in the worst performing index, potentially to zero.
The issuer may redeem the notes on scheduled redemption dates starting August 18, 2027, but solely if a specified risk neutral valuation model indicates it is economically rational for the issuer. The issue price is $1,000 per security, while the estimated value on the pricing date is approximately $943.20, reflecting embedded fees and structuring costs. All payments are subject to the credit risk of MSFL and Morgan Stanley.
Morgan Stanley Finance LLC is offering Buffered PLUS, unsecured structured notes linked to the S&P 500 Futures Excess Return Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with no periodic interest, maturing on August 15, 2030.
At maturity, if the index level is above the initial level, holders receive $1,000 plus a leveraged upside payment equal to 188.75% of the index gain. If the final level is at or below the initial level but at or above the 85% buffer level, investors receive only principal. Below the buffer, investors lose 1% of principal per 1% decline beyond the 15% buffer, subject to a minimum payment of 15% of principal.
The estimated value on the pricing date is approximately $977.40 per $1,000, reflecting issuance, selling, structuring and hedging costs. The notes carry credit risk of Morgan Stanley and MSFL, may trade at prices significantly below issue price, and offer limited liquidity. U.S. tax treatment is uncertain; counsel views them as prepaid financial contracts, but the IRS could disagree.
Morgan Stanley Finance LLC is offering market-linked notes due August 7, 2031, fully and unconditionally guaranteed by Morgan Stanley, whose return depends on the S&P 500® Futures Excess Return Index. The notes pay no interest and are unsecured obligations subject to Morgan Stanley’s credit risk.
At maturity, investors receive the $1,000 stated principal amount per note plus an upside payment equal to 151% of any positive index return; if the final index level is equal to or below the initial level, only principal is repaid. The notes will not be listed on any securities exchange, their estimated value on the pricing date is approximately $973.20 per note, and MS&Co. may, but is not obligated to, make a secondary market.
Morgan Stanley Finance LLC is offering Buffered PLUS notes due August 31, 2028, linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest and are issued at $1,000 per security.
At maturity, if the index is above its initial level, holders receive principal plus 150% of the index gain, capped at a maximum payment of $1,350 per security (135% of principal. If the index is at or below the initial level but at or above 85% of it (the buffer level), investors receive only principal back. Below the buffer, principal is reduced 1% for each 1% decline beyond the 15% buffer, subject to a minimum payment of 15% of principal.
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 $978.70 per security, reflecting issuing, selling, structuring and hedging costs, and secondary market prices are expected to be lower than the issue price. The notes involve market, liquidity, conflict-of-interest and tax uncertainties, including treatment as prepaid financial contracts.
Morgan Stanley Finance LLC is offering Contingent Income Auto-Callable Securities due August 14, 2031, linked to the S&P® 500 Futures 40% Intraday 4% Decrement VT Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a stated principal amount and issue price of $1,000, with an estimated value on the pricing date of approximately $914.10 per security.
Investors may receive a contingent coupon at 11.50% per annum, paid only when the underlier’s closing level on an observation date is at or above the coupon barrier level of 60% of the initial level. The notes are auto-callable from November 11, 2026 if the underlier is at or above the call threshold of 100% of the initial level, returning principal plus the applicable coupon. If not called, and at maturity the final level is at or above the downside threshold of 70% of the initial level, investors receive principal (plus any final coupon). If the final level is below the downside threshold, repayment is reduced in proportion to the index decline, and the payment can be zero. All payments are subject to Morgan Stanley’s credit risk. The underlier incorporates a 4% per annum decrement, volatility targeting and potential leverage, and has limited live history since August 30, 2024.
Morgan Stanley Finance LLC is offering Enhanced Buffered Jump Securities, unsecured notes linked to the Class A common stock of Meta Platforms, Inc., fully and unconditionally guaranteed by Morgan Stanley. The notes pay no interest, have a stated principal amount of $1,000 per security, price at $1,000, and mature on August 17, 2027.
The initial level of META is $539.03, with a 20% buffer so the buffer level is $431.224. If the final level on the August 12, 2027 observation date is at or above the buffer level, investors receive principal plus a fixed upside payment of $168.10 (16.81%), regardless of how much the stock has risen. If the final level falls below the buffer level, principal is reduced by 1.25% for every 1% decline beyond the 20% buffer, with no minimum repayment.
The pricing supplement illustrates that an 85% decline in META would lead to a payoff of only $187.50 per $1,000, an 81.25% loss. The estimated value on the pricing date is approximately $985.10 per security, below the issue price, reflecting structuring and hedging costs and issuer funding benefits. Agent commissions are up to $10 per $1,000. The notes are subject to Morgan Stanley’s and MSFL’s credit risk, may have limited or no secondary market liquidity, and carry complex U.S. tax and Section 871(m) considerations.
Morgan Stanley Finance LLC is issuing Trigger GEARS, unsecured principal-at-risk securities guaranteed by Morgan Stanley and linked to a weighted basket of five international equity indices (EURO STOXX 50 40%, Nikkei 225 25%, FTSE 100 17.5%, Swiss Market Index 10%, S&P/ASX 200 7.5%). The term is 5 years, from an expected trade date of August 13, 2026 to maturity on August 15, 2031, with an Initial Basket Level of 100 and a Downside Threshold of 75.
Each Security has an Issue Price of $10, with Upside Gearing between 1.4825 and 1.6825 set on the trade date. If the Basket Return is greater than zero, the holder receives $10 plus $10 multiplied by the Basket Return and the Upside Gearing, with no cap. If the Basket Return is less than or equal to zero but the Final Basket Level is at or above the Downside Threshold, the holder receives only the $10 principal. If the Final Basket Level is below the Downside Threshold, the payout is $10 plus $10 times the (negative) Basket Return, exposing investors to losses up to 100% of principal.
The Securities pay no interest or dividends, are intended to be held to maturity, and may have little or no secondary market. Credit risk of MSFL and Morgan Stanley applies to all payments. The estimated value on the trade date is approximately $9.157 per $10 Security, reflecting embedded costs, and investors bear a $0.35 per Security selling commission to UBS Financial Services Inc.