MS Morgan Stanley

• None no insider bought on the open market
• $68.2M sold by 9 insiders outside a trading plan
• None no planned (10b5-1) sales

1. Insider
   Trade
   Value
   Traded, filed
2. Mary L Schapiro Director
   Sale
   $212K 1,000 shares at $212.06 2.4% of stake
   Traded Jul 28 Filed Jul 29
   ↗
3. Sharon Yeshaya CFO
   Sale
   $3.5M 15,554 shares at $222.51
   Traded Jul 16 Filed Jul 17
   ↗
4. Michael A. Pizzi Head Technology & Operations
   Sale
   $5.2M 24,165 shares at $215.55 17% of stake
   Traded Jul 17 Filed Jul 17
   ↗
5. Eric F Grossman Chief Legal/Admin Officer
   Sale
   $2.1M 11,118 shares at $190.75 6.2% of stake
   Traded Apr 20 Filed Apr 20
   ↗
6. Daniel A Simkowitz President
   Sale
   $2.8M 14,690 shares at $189.24 3.9% of stake
   Traded Apr 17 Filed Apr 17
   ↗
7. Andrew M Saperstein President
   Sale
   $9.7M 51,668 shares at $188.59 16% of stake
   Traded Apr 16 Filed Apr 17
   ↗
8. Mandell Crawley Chief Client Officer
   Sale
   $3M 16,129 shares at $188.22 21% of stake
   Traded Apr 16 Filed Apr 17
   ↗
9. Daniel A Simkowitz President
   Sale
   $6M 32,968 shares at $182.61 8.4% of stake
   Traded Jan 30 Filed Jan 30
   ↗
10. Sharon Yeshaya CFO
    Sale
    $2.9M 15,838 shares at $185.77 11% of stake
    Traded Jan 20 Filed Jan 22
    ↗
11. Charles A Smith Chief Risk Officer
    Sale
    $1.5M 8,500 shares at $182.08 6.7% of stake
    Traded Jan 20 Filed Jan 22
    ↗
12. Andrew M Saperstein President
    Sale
    $5.6M 30,330 shares at $183.62 9.8% of stake
    Traded Jan 20 Filed Jan 22
    ↗
13. Michael A. Pizzi Head Technology & Operations
    Sale
    $3.7M 20,000 shares at $184.55 14% of stake
    Traded Jan 20 Filed Jan 22
    ↗
14. Eric F Grossman Chief Legal/Admin Officer
    Sale
    $4M 21,555 shares at $184.00 11% of stake
    Traded Jan 20 Filed Jan 22
    ↗
15. Mandell Crawley Chief Client Officer
    Sale
    $1.4M 7,860 shares at $183.45 10% of stake
    Traded Jan 20 Filed Jan 22
    ↗
16. Edward Pick CEO
    Sale
    $16.4M 100,000 shares at $164.34 15% of stake
    Traded Oct 31, 2025 Filed Oct 31, 2025
    ↗

Also filed in the last 12 months, not counted as buying or selling: 37 stock grants, 17 share withholdings for taxes, 11 gifts, and 2 sales back to the company.