Robin Diamonte - 15 May 2022 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Director
Signature
/s/ Patrick Maloney, by power of attorney
Issuer symbol
MORN
Transactions as of
15 May 2022
Net transactions value
-$144,600
Form type
4
Filing time
17 May 2022, 14:49:59 UTC
Previous filing
19 May 2021
Next filing
17 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock (Restricted Stock Units) Award $0 +679 +8.1% $0.000000 9,067 15 May 2022 Direct F1, F2
transaction MORN Common Stock Sale $144,600 -600 -6.6% $241.00 8,467 16 May 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual installments beginning May 15, 2023.
F2 This total is adjusted to correct an overstatement by 1 share caused by rounding in previously recorded grants.