Form 4 for MS Morgan Stanley

Accepted 2025-07-18 00:00:00 ET · period of report 2025-07-17 · accession 0000895421-25-000425 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
MI	2025-07-18	2025-07-17	MS	SAPERSTEIN ANDREW M	Co-Pres	S - Sale	$140.97	-43.6K	0	-100%	-$6.14M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2025-07-17	S	D	22,207	$140.68	21,359	I By Grantor Retained Annuity Trust	—	—	(F1) 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) 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.
2	Common	Common Stock	2025-07-17	S	D	21,359	$141.28	0	I By Grantor Retained Annuity Trust	—	—	(F3) 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.