MS

SEC source: 0001628280-26-002412 · wk-form4_1768599602.xml · nonDerivative · entry 2

SMITH CHARLES A · CIK 0001977796 · Chief Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 127,611.04

F2 · kind: Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 18, 2023.

SEC source: 0001628280-26-002412 · wk-form4_1768599602.xml · nonDerivative · entry 1

SMITH CHARLES A · CIK 0001977796 · Chief Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 145,012.04

F1 · kind: Restricted Stock Units granted in 2026 as part of 2025 year-end compensation, which are convertible to shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-26-002413 · wk-form4_1768599623.xml · nonDerivative · entry 2

YESHAYA SHARON · CIK 0001865034 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 151,142.336

F2 · kind: Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 18, 2023.

SEC source: 0001628280-26-002413 · wk-form4_1768599623.xml · nonDerivative · entry 1

YESHAYA SHARON · CIK 0001865034 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 167,301.336

F1 · kind: Restricted Stock Units granted in 2026 as part of 2025 year-end compensation, which are convertible to shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-26-002414 · wk-form4_1768599648.xml · nonDerivative · entry 2

Worster Victoria · CIK 0002068870 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,165.358

F2 · kind: Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 20, 2022 and January 18, 2023.

SEC source: 0001628280-26-002414 · wk-form4_1768599648.xml · nonDerivative · entry 1

Worster Victoria · CIK 0002068870 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,485.358

F1 · kind: Restricted Stock Units granted in 2026 as part of 2025 year-end compensation, which are convertible to shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-26-002415 · wk-form4_1768599672.xml · nonDerivative · entry 1

James Erika H · CIK 0001753124 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,865.004

SEC source: 0001628280-25-054796 · wk-form4_1764711556.xml · nonDerivative · entry 1

GLOCER THOMAS H · CIK 0001140799 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,423.427

F1 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-054798 · wk-form4_1764711588.xml · nonDerivative · entry 1

GOOD LYNN J · CIK 0001230175 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,895.761

F1 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-054799 · wk-form4_1764711617.xml · nonDerivative · entry 1

NALLY DENNIS M · CIK 0001685596 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 45,137.158

F1 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-054800 · wk-form4_1764711652.xml · nonDerivative · entry 4

Peterson Douglas L. · CIK 0001581262 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,060.251

F1 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-054802 · wk-form4_1764711672.xml · nonDerivative · entry 1

TRAQUINA PERRY M · CIK 0001228062 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 88,666.394

F1 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-050743 · wk-form4_1762555638.xml · nonDerivative · entry 1

Leibowitz Shelley B · CIK 0001626888 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,883.484

SEC source: 0001628280-25-047850 · wk-form4_1761943366.xml · nonDerivative · entry 2

PICK EDWARD · CIK 0001801222 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 574,863.015

SEC source: 0001628280-25-047850 · wk-form4_1761943366.xml · nonDerivative · entry 1

PICK EDWARD · CIK 0001801222 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 574,986.015

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $164.11 to $164.65, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-25-047851 · wk-form4_1761943399.xml · nonDerivative · entry 1

SIMKOWITZ DANIEL A · CIK 0001680385 · Co-President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 383,757.251

SEC source: 0001628280-25-054800 · wk-form4_1764711652.xml · nonDerivative · entry 3

Peterson Douglas L. · CIK 0001581262 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,719.524

SEC source: 0001628280-25-045341 · wk-form4_1760731472.xml · nonDerivative · entry 1

Worster Victoria · CIK 0002068870 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,740.667

SEC source: 0001628280-25-054800 · wk-form4_1764711652.xml · nonDerivative · entry 2

Peterson Douglas L. · CIK 0001581262 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,715.524

SEC source: 0001628280-25-054800 · wk-form4_1764711652.xml · nonDerivative · entry 1

Peterson Douglas L. · CIK 0001581262 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,714.524

SEC source: 0000895421-25-000436 · wk-form4_1754082691.xml · nonDerivative · entry 1

GOOD LYNN J · CIK 0001230175 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,658.438

F1 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0000895421-25-000423 · wk-form4_1752869243.xml · nonDerivative · entry 1

GROSSMAN ERIC F · CIK 0001539492 · Chief Legal/Admin Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 186,420.242

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $141.10 to $141.15, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000895421-25-000424 · wk-form4_1752869307.xml · nonDerivative · entry 2

Pizzi Michael A. · CIK 0001644151 · Head Technology & Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,656.901

SEC source: 0000895421-25-000424 · wk-form4_1752869307.xml · nonDerivative · entry 1

Pizzi Michael A. · CIK 0001644151 · Head Technology & Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 136,406.901

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $140.59 to $140.65, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000895421-25-000425 · wk-form4_1752869416.xml · nonDerivative · entry 2

SAPERSTEIN ANDREW M · CIK 0001362383 · Co-President

10b5-1 filing: No plan indicated

Ownership: Indirect · By Grantor Retained Annuity Trust

Disclosed balance after: 0

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $141.01 to $141.68, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000895421-25-000425 · wk-form4_1752869416.xml · nonDerivative · entry 1

SAPERSTEIN ANDREW M · CIK 0001362383 · Co-President

10b5-1 filing: No plan indicated

Ownership: Indirect · By Grantor Retained Annuity Trust

Disclosed balance after: 21,359

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $140.01 to $141.00, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2 · balance_after: Since the Reporting Person's last report, 43,566 shares of Common Stock previously reported as directly beneficially owned were contributed to a grantor retained annuity trust.

SEC source: 0000895421-25-000426 · wk-form4_1752869477.xml · nonDerivative · entry 2

SIMKOWITZ DANIEL A · CIK 0001680385 · Co-President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 391,545.921

SEC source: 0000895421-25-000426 · wk-form4_1752869477.xml · nonDerivative · entry 1

SIMKOWITZ DANIEL A · CIK 0001680385 · Co-President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 399,104.921

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $140.77 to $141.64, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000895421-25-000427 · wk-form4_1752869522.xml · nonDerivative · entry 1

SMITH CHARLES A · CIK 0001977796 · Chief Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,239.139

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $140.17 to $140.40, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000895421-25-000428 · wk-form4_1752869609.xml · nonDerivative · entry 1

YESHAYA SHARON · CIK 0001865034 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By LLC on behalf of Trust

Disclosed balance after: 0

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $139.19 to $140.04, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-25-029027 · wk-form4_1748981235.xml · nonDerivative · entry 2

TRAQUINA PERRY M · CIK 0001228062 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,073.238

F2 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029027 · wk-form4_1748981235.xml · nonDerivative · entry 1

TRAQUINA PERRY M · CIK 0001228062 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,465.792

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029029 · wk-form4_1748981251.xml · nonDerivative · entry 2

SCHAPIRO MARY L · CIK 0001192486 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,646.877

F2 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029029 · wk-form4_1748981251.xml · nonDerivative · entry 1

SCHAPIRO MARY L · CIK 0001192486 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,196.191

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029031 · wk-form4_1748981263.xml · nonDerivative · entry 1

WILKINS RAYFORD JR · CIK 0001184395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,924.642

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029033 · wk-form4_1748981275.xml · nonDerivative · entry 1

Miscik Judith A · CIK 0001555318 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,287.988

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029036 · wk-form4_1748981292.xml · nonDerivative · entry 1

Herz Robert H · CIK 0001523753 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,431.784

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029037 · wk-form4_1748981308.xml · nonDerivative · entry 2

GLOCER THOMAS H · CIK 0001140799 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,288.252

F2 · kind: Deferred stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan in lieu of cash retainers paid for service on the Morgan Stanley Board of Directors. Stock units are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029037 · wk-form4_1748981308.xml · nonDerivative · entry 1

GLOCER THOMAS H · CIK 0001140799 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 118,445.665

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029038 · wk-form4_1748981320.xml · nonDerivative · entry 1

James Erika H · CIK 0001753124 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,273.854

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029040 · wk-form4_1748981336.xml · nonDerivative · entry 1

Peterson Douglas L. · CIK 0001581262 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,655.455

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029041 · wk-form4_1748981347.xml · nonDerivative · entry 2

BUTLER MEGAN · CIK 0002022082 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,624.42

F2 · kind: Shares withheld to satisfy taxes upon the conversion of stock units granted to the Reporting Person under the Morgan Stanley Directors' Equity Capital Accumulation Plan as part of her director compensation.

SEC source: 0001628280-25-029041 · wk-form4_1748981347.xml · nonDerivative · entry 1

BUTLER MEGAN · CIK 0002022082 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,910.42

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029042 · wk-form4_1748981358.xml · nonDerivative · entry 1

NALLY DENNIS M · CIK 0001685596 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,384.863

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-029043 · wk-form4_1748981372.xml · nonDerivative · entry 1

Leibowitz Shelley B · CIK 0001626888 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 48,613.916

F1 · kind: Restricted stock units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.

SEC source: 0001628280-25-024680 · wk-form4_1747080728.xml · nonDerivative · entry 1

SIMKOWITZ DANIEL A · CIK 0001680385 · Co-President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 425,853.557

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $127.21 to $127.53, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-25-021831 · wk-form4_1746216567.xml · nonDerivative · entry 1

SAPERSTEIN ANDREW M · CIK 0001362383 · Co-President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 335,765.219

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $119.96 to $120.04, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-25-021840 · wk-form4_1746216777.xml · nonDerivative · entry 1

Herz Robert H · CIK 0001523753 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 96,760.35

SEC source: 0001628280-25-021528 · wk-form4_1746130165.xml · nonDerivative · entry 1

GROSSMAN ERIC F · CIK 0001539492 · Chief Legal/Admin Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 197,439.084

SEC source: 0001628280-25-018006 · wk-form4_1744835250.xml · nonDerivative · entry 1

GROSSMAN ERIC F · CIK 0001539492 · Chief Legal/Admin Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 199,274.084

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $111.65 to $111.66, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.