SIMKOWITZ DANIEL A 4

What Happened Daniel A. Simkowitz, Co‑President of Morgan Stanley (MS), sold 32,968 shares in an open‑market sale on January 30, 2026. The reported weighted‑average price was $182.61 per share, for total proceeds of approximately $6,020,313. This filing reports a sale (S), which is typically a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date: 2026-01-30 (filed with SEC on 2026-01-30).
• Shares sold: 32,968; weighted‑average price: $182.61; total value ≈ $6,020,313.
• Price range: shares were sold in multiple trades at prices ranging from $182.06 to $183.05 (footnote).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: The reported price is a weighted average; the reporting person will provide details on the number of shares sold at each price on request.
• No 10b5‑1 plan, tax‑withholding sale, or late‑filing indication is disclosed in this Form 4.

Context Sales by executives can be for many reasons (diversification, liquidity, tax planning) and do not by themselves indicate a change in company outlook. For retail investors, purchases tend to be more informative about insider confidence; this is a routine open‑market sale disclosed promptly.