Stephen J. Luczo - Apr 21, 2023 Form 4 Insider Report for MORGAN STANLEY (MS)

Role: Director
Signature: /s/ Martin M. Cohen, Attorney-in-Fact
Stock symbol: MS
Transactions as of: Apr 21, 2023
Transactions value $: -$3,068,670
Form type: 4
Date filed: 4/25/2023, 04:10 PM
Previous filing: Feb 2, 2023
Next filing: May 2, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MS	Common Stock	Other	-$3.07M	-34K	-18.8%	$90.26	147K	Apr 21, 2023	By Revocable Trust	F1, F2
holding	MS	Common Stock						11K	Apr 21, 2023	Direct
holding	MS	Common Stock						50K	Apr 21, 2023	By Grantor Retained Annuity Trust	F2
holding	MS	Common Stock						34K	Apr 21, 2023	By Family Trust	F1

Showing 1 to 4 of 4 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person's revocable trust contributed 34,000 shares of Common Stock to his family trust in exchange for assets of equal value. The Reporting Person disclaims beneficial ownership of the securities held by the family trust for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F2	28,000 shares of Common Stock previously reported as indirectly beneficially owned by a grantor retained annuity trust have been transferred back to the Reporting Person's revocable trust in satisfaction of an annuity payment.

Content

The Reporting Person's revocable trust contributed 34,000 shares of Common Stock to his family trust in exchange for assets of equal value. The Reporting Person disclaims beneficial ownership of the securities held by the family trust for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

28,000 shares of Common Stock previously reported as indirectly beneficially owned by a grantor retained annuity trust have been transferred back to the Reporting Person's revocable trust in satisfaction of an annuity payment.