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

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
* 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.