Form 4: Morgan Stanley Director Thomas H. Glocer Acquires Shares Through Equity Plan

Morgan Stanley director Thomas H. Glocer acquired 757.374 shares of common stock through the company's Directors' Equity Capital Accumulation Plan.

Summary

• Thomas H. Glocer, a director at Morgan Stanley, acquired 757.374 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 service on the Morgan Stanley Board of Directors.
• The price per share was $132.0352.
• Following the transaction, Glocer directly owns 114,772.154 shares of Morgan Stanley common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive alignment of interests between the director and the company. It is not a major event but is a positive sign.

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 standard transaction for directors of public companies, where equity compensation is often used to align their interests with shareholders.

Comparison to Industry Standards

• Equity compensation for board members is a common practice across the financial services industry.
• Many large financial institutions use similar equity plans to incentivize and retain directors.
• The specific amount of shares granted is typical for a director's compensation package at a company of Morgan Stanley's size.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning their interests with shareholders.
• This type of transaction is generally viewed positively by investors as it demonstrates director confidence.

Key Dates

Keywords

Morgan Stanley, Director, Equity Plan, Share Acquisition, Form 4, Thomas H. Glocer, Stock Ownership