Form 4: Morgan Stanley Director Acquires Shares Through Equity Plan

Morgan Stanley director Mary L. Schapiro acquired 378.687 shares of common stock through the company's Directors' Equity Capital Accumulation Plan.

Summary

• Mary L. Schapiro, a director at Morgan Stanley, acquired 378.687 shares of common stock on December 1, 2024.
• The shares were obtained through the Morgan Stanley Directors' Equity Capital Accumulation Plan.
• These shares were granted in lieu of cash retainers for her service on the Morgan Stanley Board of Directors.
• The price per share was $132.0352.
• Following the transaction, Ms. Schapiro directly owns 36,581.595 shares of Morgan Stanley common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of an equity plan aligns director interests with those of shareholders.

Industry Context

This is a routine transaction related to director compensation and is common practice in publicly traded companies.

Comparison to Industry Standards

• Many publicly traded companies use equity-based compensation plans for directors to align their interests with shareholders.
• The Morgan Stanley Directors' Equity Capital Accumulation Plan is similar to those used by other large financial institutions such as Goldman Sachs and JP Morgan Chase.
• The number of shares acquired is typical for a director's compensation package.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

Morgan Stanley, Director, Equity Plan, Stock Acquisition, Share Ownership, Form 4, SEC Filing