Form 4: Morgan Stanley Director Stephen Luczo Reports Changes in Beneficial Ownership

Stephen Luczo, a director at Morgan Stanley, reported transactions involving common stock and derivative securities, including acquisitions of restricted stock units and deferred stock units.

Summary

• Stephen Luczo, a director of Morgan Stanley, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On June 1, 2024, Luczo acquired 2,675.293 shares of common stock through restricted stock units under the Morgan Stanley Directors' Equity Capital Accumulation Plan.
• On the same date, he also acquired 514.48 shares of common stock at a price of $97.1856 per share through deferred stock units, also under the Directors' Equity Capital Accumulation Plan, in lieu of cash retainers.
• Following these transactions, Luczo directly owns 17,716.091 shares of Morgan Stanley common stock.
• He also indirectly owns 172,363 shares through a revocable trust, 26,000 shares through a Grantor Retained Annuity Trust, and 34,000 shares through a Family Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates