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 issuing $3,709,000 of Contingent Income Memory Buffered Auto-Callable Securities linked to Eli Lilly and Company common stock, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount and matures on August 11, 2027, unless automatically redeemed earlier.
The notes pay a contingent coupon at 16.80% per annum, but only for periods where the underlying stock’s closing level on the observation date is at or above the coupon barrier level of $956.824 (80% of the $1,196.03 initial level); missed coupons can be paid later if the barrier is subsequently met. The notes are automatically called, paying principal plus due and unpaid coupons, if on any redemption determination date the stock closes at or above the call threshold of $1,196.03 (100% of initial).
If not called and the final stock level is at or above the buffer level of $956.824, investors receive principal back (plus any payable coupons). If the final level is below the buffer, repayment is reduced by 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment, so the investment can result in a complete loss. The estimated value on the pricing date is $982.50 per $1,000 note, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Trigger Jump Securities, equity-linked notes tied to the class A common stock of Space Exploration Technologies Corp., fully and unconditionally guaranteed by Morgan Stanley. The notes have a $1,000 stated principal amount, pay no interest, and mature on January 27, 2028.
At maturity, investors receive: (i) $1,775 per security ($1,000 plus a fixed $775 upside payment) if the final share price is at or above the initial share price of $115.07; (ii) a return of principal ($1,000) if the final share price is below the initial share price but at or above the downside threshold of $74.796 (65% of the initial price); or (iii) $1,000 × the share performance factor (final/initial price) if the final price is below the downside threshold, exposing investors 1:1 to the full decline, with the payoff potentially zero.
The aggregate principal amount is $3.69 million, priced at par, with dealer commissions and a structuring fee embedded; the issuer’s estimated value on the pricing date is $922.70 per security. The notes are principal-at-risk, unsecured obligations subject to Morgan Stanley’s credit, have limited upside, no dividend rights, uncertain tax treatment, limited expected liquidity, and are linked to an underlying stock with very limited trading history.
Morgan Stanley Finance LLC is issuing Buffered Jump Securities with Auto-Callable Feature, a principal-at-risk structured note linked to the worst performing of IBM, NVIDIA and Qualcomm stocks, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, total offering size $1,249,000, and no periodic interest payments.
The notes can be automatically redeemed on scheduled determination dates from August 2, 2027 onward if each stock’s closing level is at or above its call threshold (92% of its initial level), with early redemption payments ranging from $1,300 to $2,425 per $1,000. If not redeemed early, and on the final determination date all three stocks are at or above their call thresholds, investors receive $2,500 per $1,000 at maturity. If any stock is below its call threshold but all are at or above the 70% buffer level, investors receive only principal back. If any stock finishes below its buffer level, repayment is reduced by 1% for each 1% decline of the worst-performing stock beyond the 30% buffer, subject to a minimum payment of 30% of principal.
The initial levels are $214.19 for IBM, $206.84 for NVIDIA, and $166.97 for Qualcomm, with corresponding call thresholds and buffer levels set at 92% and 70%. The estimated value on the pricing date is $933.80 per security, below the issue price, reflecting structuring and distribution costs. All payments are subject to the credit risk of Morgan Stanley Finance LLC and Morgan Stanley, and the notes may be illiquid with significant market and tax complexity.
Morgan Stanley Finance LLC is offering Buffered Jump Securities with Auto-Callable Feature linked to the S&P 500® Index, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 stated principal amount, with an aggregate principal amount of $455,000.
The notes pay no interest and may be automatically redeemed beginning July 28, 2027 if the index is at or above the call threshold level of 7,411.98, for fixed cash payments of $1,093.50 or $1,187.00 per security on the respective early redemption dates. If held to maturity on July 27, 2029 and the final index level is at or above the call threshold, investors receive $1,280.50 per security.
If the final level is below the call threshold but at or above the buffer level of 6,300.183 (85% of the initial level), investors receive only principal back. Below the buffer, repayment is reduced 1% for each 1% decline beyond the 15% buffer, subject to a minimum payment at maturity of 15% of principal. The estimated value on the pricing date is $985.80 per security, below the $1,000 issue price, and secondary market liquidity may be limited. All payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Enhanced Buffered Jump Securities, fully and unconditionally guaranteed by Morgan Stanley, linked to an equally weighted basket of seven semiconductor-related stocks (ADI, ASML, AVGO, KLAC, TXN, NVDA, TSM). The notes are unsecured, pay no interest, and expose investors to the issuers’ credit risk.
Each security has a $1,000 stated principal amount, issue price of $1,000 and aggregate principal of $6,147,000, with maturity on August 11, 2027. If the basket’s final level on the August 6, 2027 observation date is at or above the 80% buffer level, investors receive $1,000 plus a fixed upside payment of $193.50 (19.35%), regardless of additional appreciation. If the final level is below the buffer, repayment is reduced by 1.25% of principal for every 1% decline beyond the 20% buffer, with no minimum payment, so the investment can be fully lost.
The initial level of the basket is set to 100, based on specified initial prices and multipliers for each component. The estimated value on the pricing date is $959.10 per security, reflecting issuance, selling, structuring and hedging costs, and may differ from secondary market prices. The notes are intended for investors comfortable with equity and credit risk, capped upside, leverage to downside beyond the buffer, limited liquidity and uncertain tax treatment.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due July 27, 2029, fully and unconditionally guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security and an aggregate principal amount of $105,000. These principal-at-risk notes are linked to the worst performing of the iShares Russell 2000 ETF, the iShares Expanded Tech-Software Sector ETF, and the S&P 500 Index.
Investors may receive a contingent coupon at 12.40% per annum, payable only if on each observation date all underliers are at or above their coupon barrier levels set at 65% of initial levels, which also serve as downside thresholds. If the notes are not called and any underlier finishes below its downside threshold, the maturity payment is reduced 1% for every 1% decline of the worst performer, potentially to zero. The issuer can redeem the notes on specified redemption dates based on a risk neutral valuation model when early redemption is economically rational for Morgan Stanley. The estimated value on the pricing date is $960.90 per security, below the issue price, reflecting issuance, selling, structuring and hedging costs and issuer credit spreads.
Morgan Stanley Finance LLC is offering $725,000 of principal-at-risk Jump Securities with an auto-callable feature, fully guaranteed by Morgan Stanley, at $1,000 per security. These notes, maturing July 27, 2029, are linked to the worst performing of the Dow Jones Industrial Average, Nasdaq-100 Index and S&P 500 Index.
The securities pay no interest. On July 27, 2027, if each index is at or above its initial level, they are automatically redeemed for an early redemption payment of $1,186.50 per security. If held to maturity, investors receive principal plus an upside payment based on 150% of the worst index’s gain, if all final levels exceed initial levels. If any index finishes below its downside threshold at 70% of its initial level, repayment is reduced 1% for each 1% decline in the worst index, potentially to zero. The estimated value on the pricing date is $970.80 per security, reflecting embedded costs and issuer credit spreads, and all payments depend on Morgan Stanley’s credit.
Morgan Stanley Finance LLC is offering $2,316,000 of Buffered Jump Securities with an auto-call feature and downside factor due July 29, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 principal amount and is linked to the worst performer of the Dow Jones Industrial Average, Nasdaq‑100 Index and S&P 500 Index.
The notes may be automatically redeemed on July 30, 2027 for $1,180 per security if each index closes at or above 95% of its initial level. If held to maturity and all final index levels exceed their initial levels, investors receive principal plus a 125% participation in the worst performer’s gain. If any final level is between 80% and 100% of its initial level, only principal is returned. Below 80%, investors lose 1.25% of principal for each 1% decline of the worst performer beyond the 20% buffer, with no minimum payment, so the entire investment can be lost. The estimated value on the pricing date is $977 per $1,000 security, reflecting issuance, structuring and hedging costs, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is issuing Enhanced Trigger Jump Securities due August 27, 2027, fully and unconditionally guaranteed by Morgan Stanley. These are unsecured, principal-at-risk structured notes linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices.
Each security has a $1,000 stated principal amount and issue price, with an aggregate principal of $4,958,000. If on the observation date the final level of each index is at or above its downside threshold (60% of its initial level), investors receive $1,000 plus a fixed upside payment of $101.50 per security, a 10.15% return regardless of how far the indices have risen within that range.
If any index finishes below its threshold, repayment is reduced 1% for every 1% decline in the worst performing index, with no minimum payment; the investment can be fully lost. The estimated value on the pricing date is $995.10 per security, below the issue price due to issuance, selling, structuring and hedging costs. The notes pay no interest, have limited upside, are subject to Morgan Stanley’s credit risk, may have limited liquidity, and carry uncertain U.S. tax treatment, which counsel currently views as prepaid financial contracts treated as open transactions.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is issuing principal-at-risk Enhanced Trigger Jump Securities maturing August 27, 2027, linked to the worst performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index. Each security has a stated principal amount and issue price of $1,000, with an aggregate principal amount of $1,067,000 and an estimated value on the pricing date of $984.50.
If on the observation date the final level of each index is at or above 70% of its initial level, investors receive $1,000 plus a fixed upside payment of $97 per security (9.70%). If any index ends below its 70% downside threshold, repayment is reduced 1% for each 1% decline of the worst performer, with no minimum payment, so the investment can lose all principal. The notes pay no interest, are unsecured, subject to Morgan Stanley’s credit risk, have limited upside, and may be illiquid in the secondary market. Tax treatment is uncertain and relies on characterization as prepaid financial contracts.