MORGAN STANLEY SEC Filings

Morgan Stanley Finance LLC priced Principal at Risk securities linked to the S&P 500® Index with $700,000 aggregate principal. Each $1,000 security pays no interest and offers a fixed $81 upside payment (8.10%) at maturity if the final level is at or above the downside threshold. If the final level is below the downside threshold (5,518.665, 75% of the initial level of 7,358.22), investors bear losses pro rata (1% principal loss for each 1% index decline) and could lose their entire investment. The securities mature on July 29, 2027 with the observation date of July 26, 2027. The estimated value on the pricing date was $985.50 per security; the issue price is $1,000 with agent commissions of $10.42 per security.

Morgan Stanley Finance LLC is offering callable, principal‑at‑risk notes linked to the S&P 500® Futures Excess Return Index with a stated principal amount of $1,000 per security and an aggregate principal amount of $2,092,000. The securities have a 15% buffer (buffer level 502.163), a 200% participation rate, and a minimum payment at maturity equal to 15% of principal. The securities may be redeemed early on specified redemption dates beginning July 7, 2027, for fixed redemption payments that correspond to roughly 22.50% per annum, based on a risk‑neutral valuation model. All payments are subject to MSFL's and Morgan Stanley's credit risk.

Morgan Stanley Finance LLC offers callable, principal-at-risk notes due June 30, 2031 linked to the worst performing of the Russell 2000 and S&P 500 indices. Each security has a stated principal amount of $1,000 and an aggregate principal amount of $874,000. The securities pay a contingent coupon of 6.55% per annum only when both underliers are at or above their coupon barrier levels on observation dates; otherwise no coupon is paid for that period. The securities feature a call mechanism—first callable on June 30, 2027—that depends on the output of a risk neutral valuation model selected by the calculation agent. At maturity investors receive principal if both underliers are at or above their buffer levels (85% of initial). If the worst performing underlier is below its buffer, the maturity payment equals principal × (performance factor + 15% buffer), subject to a minimum payment of 15% of principal. The issue price is $1,000 per security, estimated value on the pricing date is $942.90, and dealer commissions are $37.50 per security.

Morgan Stanley Finance LLC is offering Callable Jump Notes due June 30, 2031, fully and unconditionally guaranteed by Morgan Stanley, with an aggregate principal amount of $849,000 at a stated principal amount of $1,000 per note.

The notes reference the worst performing of the Russell 2000® Index and the S&P 500® Index, pay no regular interest, and provide either (1) a fixed early redemption payment (rising approximately 10.00% per annum on specified redemption dates) if Morgan Stanley elects to call the notes using a risk neutral valuation model, or (2) at maturity a principal plus an upside payment equal to the stated principal amount × 100% participation × the percent change of the worst performing underlier (only if both underliers finish above their initial levels).

Morgan Stanley Finance LLC priced Principal at Risk notes linked to the S&P 500® Index. The offering consists of securities with a stated principal amount of $1,000 per security and an aggregate principal amount of $1,050,000, issued at $1,000 per security with an estimated value of $985.50 on the pricing date.

At maturity on July 29, 2027, investors receive the stated principal plus a fixed upside payment of $101.30 (10.13%) if the final level is at or above the downside threshold (85% of the initial level). If the final level is below that threshold, holders lose 1% of principal for each 1% decline in the index, with no minimum payment. All payments are subject to the issuer and guarantor credit risk.

Morgan Stanley Finance LLC is offering principal-at-risk notes backed by Morgan Stanley. The securities are issued at $1,000 per security with an aggregate principal amount of $612,000 and an estimated value on the pricing date of $905.00 per security. The notes pay a contingent coupon at an annual rate of 9.25% on observation dates when the underlier meets the coupon barrier. The underlier initial level is 1,352.96; the coupon barrier is 811.776 (60% of initial) and the buffer level is 1,150.016 (85% of initial). If not called, maturity is June 30, 2031 with final observation on June 25, 2031. If the final level is below the buffer, principal is reduced by the underlier decline beyond the 15% buffer, subject to a minimum payment at maturity of 15% of principal. Issue price includes a $46 agent commission per security; proceeds to issuer are $954 per security. All payments are subject to issuer and guarantor credit risk.

Morgan Stanley Finance LLC priced a $100,000 aggregate offering of Buffered PLUS principal-at-risk notes. The securities have a $1,000 stated principal amount, issue price $1,000, an estimated value $948.30 and pay no interest. At maturity on June 30, 2031, payoff is tied to the worst performing of the Russell 2000® and S&P 500® indices with a 115% leverage on upside, an initial 20% buffer and a minimum payment of 20% of principal. The securities are unsecured obligations of MSFL and are fully guaranteed by Morgan Stanley; all payments are subject to the issuer and guarantor credit risk. The offering includes a $25 selling commission per security and an amortization period of six months following issuance.

Morgan Stanley Finance LLC issued a pricing supplement for contingent income auto-callable securities due June 28, 2029. The securities are unsecured obligations of MSFL, fully and unconditionally guaranteed by Morgan Stanley, issued at $1,000 per security with aggregate principal amount of $195,000.

The notes pay a contingent coupon of 9.00% per annum on each coupon payment date only if the closing level of each underlier meets its coupon barrier. Early automatic redemption can occur on specified dates if all underliers meet their call threshold levels; otherwise, at maturity investors receive principal only if each underlier is at or above its downside threshold, and otherwise suffer losses equal to the percent decline of the worst performing underlier. All payments are subject to issuer credit risk and the estimated value on the pricing date was $958.90 per security.

Morgan Stanley Finance LLC is offering Principal at Risk securities linked to the S&P 500® Index with a stated principal of $1,000 per security and an aggregate principal amount of $1,476,000. The securities were priced on June 25, 2026, issued on June 30, 2026, and mature on December 30, 2027. The payoff is path-independent and based solely on the closing index level on the observation date (December 27, 2027), with an upside participation rate of 100% capped at a $1,151.50 maximum upside payment (115.15% of principal). A 15% buffer applies: if the final level is between the initial level and 85% of the initial level, investors receive up to a positive 15% return; if the final level is below the buffer, investors lose 1 of principal for each 1 decline beyond the buffer, subject to a minimum payment of 15% of principal. The estimated value on the pricing date was $987.40 per security. All payments are subject to issuer and guarantor credit risk, and the securities do not pay interest.