Morgan Stanley (MS) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
Download these transactions as CSV No account, no sign-up. The data is public: it comes from SEC Form 4 filings.
Morgan Stanley (MS) insider buying and selling: no purchases, 15 sales
95 Form 4 Table I transactions filed with the SEC by Morgan Stanley insiders between 2025-10-17 and 2026-09-24 (15-month history): 0 open-market purchases and 15 sales, plus 80 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $16.4M by Pick Edward on 2025-10-31.
Morgan Stanley insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Morgan Stanley insiders filed 15 sales worth $68.2M on the open market, and no purchases.
The biggest seller was Pick Edward (Chairman and CEO): $16.4M in 1 sale, out of 9 different sellers.
The largest trade of the period was a sale of $16.4M on Oct 31, 2025, by Pick Edward (Chairman and CEO). Form 4 on sec.gov (0001628280-25-047850).
None of the 15 sales carries the 10b5-1 plan flag on the Form 4 (sales scheduled months ahead).
The last three months show 1 sale, against 2 in the three before. The latest sale from Jul 28, 2026.
Against its sector (Financial Services, 70 companies with an insider page on this site), over the same dates the median is 10 sales and 0 purchases on the open market. Morgan Stanley has more sales than 45 of the other 69, ranks 16 of 70 by net dollars sold, and 32 of the 70 have at least one purchase.
The 20 most important trades
With no open-market purchases, the table starts with MS's sales, largest first. The full history is in the tool above, already searched.
See all 95 MS trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2025-10-31 | 2025-10-31 | Pick Edward | Chairman and CEO | $16.4M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $164.11 to $164.65, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-04-16 | 2026-04-17 | Saperstein Andrew M | Co-President | $9.7M | S — Open-market sale6 Form 4 footnotesF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $186.77 to $187.76, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $187.77 to $188.76, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $188.77 to $189.63, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $189.77 to $190.76, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $190.77 to $191.76, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $191.80 to $192.34, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-30 | 2026-01-30 | Simkowitz Daniel A | Co-President | $6.0M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $182.06 to $183.05, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-20 | 2026-01-22 | Saperstein Andrew M | Co-President | $5.6M | S — Open-market sale6 Form 4 footnotesF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $181.34 to $182.33, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $182.35 to $183.25, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $183.54 to $184.53, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $184.54 to $185.53, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $185.54 to $186.44, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $186.55 to $186.65, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-07-17 | 2026-07-17 | Pizzi Michael A. | Head Technology & Operations | $5.2M | S — Open-market sale | SEC |
| 2026-01-20 | 2026-01-22 | Grossman Eric F | Chief Legal/Admin Officer | $4.0M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $184.00 to $184.02, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-20 | 2026-01-22 | Pizzi Michael A. | Head Technology & Operations | $3.7M | S — Open-market sale | SEC |
| 2026-07-16 | 2026-07-17 | Yeshaya Sharon | Chief Financial Officer | $3.5M | S — Open-market sale Indirect holding, through: By LLC on behalf of Trust | SEC |
| 2026-04-16 | 2026-04-17 | Crawley Mandell | Chief Client Officer | $3.0M | S — Open-market sale3 Form 4 footnotesF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $186.89 to $187.84, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $187.89 to $188.88, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $188.89 to $189.30, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-20 | 2026-01-22 | Yeshaya Sharon | Chief Financial Officer | $2.9M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $185.67 to $185.98, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-04-17 | 2026-04-17 | Simkowitz Daniel A | Co-President | $2.8M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $188.72 to $189.65, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-04-20 | 2026-04-20 | Grossman Eric F | Chief Legal/Admin Officer | $2.1M | S — Open-market sale | SEC |
| 2026-01-20 | 2026-01-22 | Smith Charles A | Chief Risk Officer | $1.5M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $182.0401 to $182.1301, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-20 | 2026-01-22 | Crawley Mandell | Chief Client Officer | $1.4M | S — Open-market sale5 Form 4 footnotesF1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $181.45 to $182.44, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $182.47 to $182.97, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $183.58 to $184.55, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $184.58 to $185.54, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $185.59 to $186.46, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-07-28 | 2026-07-29 | Schapiro Mary L | Director | $212k | S — Open-market sale | SEC |
| 2026-09-22 | 2026-09-24 | Mitsubishi Ufj Financial Group Inc | 10% Owner | $285.0M | D — Sale back to the issuer (scheduled 10b5-1)2 Form 4 footnotesF1 By virtue of its right to appoint two directors to the Board of Directors of Morgan Stanley, the Reporting Person is also director of Morgan Stanley by deputization. F2 The sales were to Morgan Stanley, approved by Morgan Stanley in accordance with Rule 16b-3(e) and effected pursuant to a sales plan adopted on April 18, 2018 and designed to comply with Rule 10b5-1(c). | SEC |
| 2026-07-30 | 2026-08-03 | Mitsubishi Ufj Financial Group Inc | 10% Owner | $88.4M | D — Sale back to the issuer (scheduled 10b5-1)2 Form 4 footnotesF1 By virtue of its right to appoint two directors to the Board of Directors of Morgan Stanley, the Reporting Person is also director of Morgan Stanley by deputization. F2 The sales were to Morgan Stanley, approved by Morgan Stanley in accordance with Rule 16b-3(e) and effected pursuant to a sales plan adopted on April 18, 2018 and designed to comply with Rule 10b5-1(c). | SEC |
| 2026-01-16 | 2026-01-16 | Simkowitz Daniel A | Co-President | $6.8M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF2 Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 18, 2023. | SEC |
| 2026-01-16 | 2026-01-16 | Pick Edward | Chairman and CEO | $6.7M | F — Tax withholding (shares surrendered for taxes)2 Form 4 footnotesF1 Shares withheld to satisfy taxes upon the conversion of Restricted Stock Units granted on January 18, 2023. F2 Since the Reporting Person's last report, 77,013 shares of Common Stock previously reported as indirectly beneficially owned by a grantor retained annuity trust were transferred back to the Reporting Person in satisfaction of an annuity payment. | SEC |
| 2026-02-19 | 2026-02-20 | Pick Edward | Chairman and CEO | $6.0M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF2 Shares withheld to satisfy taxes upon the conversion of the PSU Award described in footnote (1). | SEC |
The period balance: money in, money out
In the Form 4 filings submitted between Oct 17, 2025 and Sep 24, 2026 there is not one open-market purchase of Morgan Stanley: 15 sales worth $68.2M and zero dollars bought.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like Morgan Stanley's is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| A | Grant or award | 39 | $726k |
| F | Tax withholding (shares surrendered for taxes) | 25 | $70.8M |
| S | Open-market sale | 15 | $68.2M |
| G | Gift | 11 | $0 |
| L | Small acquisition (Rule 16a-6) | 3 | $6k |
| D | Sale back to the issuer | 2 | $373.3M |
| Total | Everything filed in the period | 95 | $513.0M |
40 of the 95 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 22 distinct people or entities have filed Morgan Stanley transactions: none bought on the open market and 9 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
Of the 9 who sold on the open market (15 sales in all), the three biggest sellers account for $40.6M of the $68.2M: 60% of the money in three people.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Pick Edward | Chairman and CEO | 8 | — | $16.4M (1) | 2026-03-13 |
| Saperstein Andrew M | Co-President | 8 | — | $15.3M (2) | 2026-04-17 |
| Pizzi Michael A. | Head Technology & Operations | 8 | — | $8.9M (2) | 2026-07-17 |
| Simkowitz Daniel A | Co-President | 10 | — | $8.8M (2) | 2026-04-17 |
| Yeshaya Sharon | Chief Financial Officer | 10 | — | $6.4M (2) | 2026-07-17 |
| Grossman Eric F | Chief Legal/Admin Officer | 9 | — | $6.1M (2) | 2026-04-20 |
| Crawley Mandell | Chief Client Officer | 9 | — | $4.5M (2) | 2026-04-17 |
| Smith Charles A | Chief Risk Officer | 3 | — | $1.5M (1) | 2026-01-22 |
Shown here are the 8 who moved the most money, out of 22. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Jan 2026: 0 purchases and 7 sales, worth $25.2M. 11 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 0 | $0 |
| Sep 2025 | 0 | $0 | 0 | $0 |
| Oct 2025 | 0 | $0 | 1 | $16.4M |
| Nov 2025 | 0 | $0 | 0 | $0 |
| Dec 2025 | 0 | $0 | 0 | $0 |
| Jan 2026 | 0 | $0 | 7 | $25.2M |
| Feb 2026 | 0 | $0 | 0 | $0 |
| Mar 2026 | 0 | $0 | 0 | $0 |
| Apr 2026 | 0 | $0 | 4 | $17.7M |
| May 2026 | 0 | $0 | 0 | $0 |
| Jun 2026 | 0 | $0 | 0 | $0 |
| Jul 2026 | 0 | $0 | 3 | $8.9M |
| Aug 2026 | 0 | $0 | 0 | $0 |
| Sep 2026 | 0 | $0 | 0 | $0 |
| Oct 2026 | 0 | $0 | 0 | $0 |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
Morgan Stanley (MS) analysis page →
Other Financial Services companies with insider trades
All 500 are listed in the section index →
Which insiders are buying their own company stock →
How to read this data
None of the 15 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Morgan Stanley has no open-market purchase (code P) in the history, the most common case in the S&P 500: insiders are already paid in stock. The latest filing is from Sep 24, 2026, and a Form 4 arrives up to two business days after the trade.
15 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.