Joseph D. Mansueto - Sep 6, 2022 Form 4 Insider Report for Morningstar, Inc. (MORN)

Signature
/s/ Patrick Maloney, by power of attorney
Stock symbol
MORN
Transactions as of
Sep 6, 2022
Transactions value $
-$3,992,753
Form type
4
Date filed
9/8/2022, 02:57 PM
Previous filing
Sep 6, 2022
Next filing
Sep 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$227K -1.01K -0.01% $225.69 12.3M Sep 6, 2022 Direct F1, F2
transaction MORN Common Stock Sale -$92.4K -408 0% $226.57 12.3M Sep 6, 2022 Direct F1, F3
transaction MORN Common Stock Sale -$77.2K -339 0% $227.80 12.3M Sep 6, 2022 Direct F1, F4
transaction MORN Common Stock Sale -$790K -3.45K -0.03% $228.91 12.3M Sep 6, 2022 Direct F1, F5
transaction MORN Common Stock Sale -$860K -3.74K -0.03% $229.72 12.3M Sep 6, 2022 Direct F1, F6
transaction MORN Common Stock Sale -$55.5K -241 0% $230.41 12.3M Sep 6, 2022 Direct F1, F7
transaction MORN Common Stock Sale -$55.1K -240 0% $229.58 12.3M Sep 7, 2022 Direct F1, F8
transaction MORN Common Stock Sale -$120K -520 0% $230.37 12.3M Sep 7, 2022 Direct F1, F9
transaction MORN Common Stock Sale -$158K -680 -0.01% $231.97 12.3M Sep 7, 2022 Direct F1, F10
transaction MORN Common Stock Sale -$194K -832 -0.01% $232.64 12.3M Sep 7, 2022 Direct F1, F11
transaction MORN Common Stock Sale -$248K -1.06K -0.01% $233.93 12.3M Sep 7, 2022 Direct F1, F12
transaction MORN Common Stock Sale -$150K -640 -0.01% $235.04 12.3M Sep 7, 2022 Direct F1, F13
transaction MORN Common Stock Sale -$504K -2.13K -0.02% $236.33 12.3M Sep 7, 2022 Direct F1, F14
transaction MORN Common Stock Sale -$463K -1.95K -0.02% $237.20 12.3M Sep 7, 2022 Direct F1, F15
holding MORN Common Stock 4.5M Sep 6, 2022 By Trust F16
holding MORN Common Stock 150K Sep 6, 2022 By Trust F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2022.
F2 The transaction was executed in multiple trades at prices ranging from $225.1100 to $226.1000. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F3 The transaction was executed in multiple trades at prices ranging from $226.1200 to $226.7400. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F4 The transaction was executed in multiple trades at prices ranging from $227.2900 to $228.2200. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F5 The transaction was executed in multiple trades at prices ranging from $228.3100 to $229.3000. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F6 The transaction was executed in multiple trades at prices ranging from $229.3300 to $230.3150. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F7 The transaction was executed in multiple trades at prices ranging from $230.3500 to $230.7250. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F8 The transaction was executed in multiple trades at prices ranging from $228.9500 to $229.8300. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F9 The transaction was executed in multiple trades at prices ranging from $230.0400 to $230.8400 The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F10 The transaction was executed in multiple trades at prices ranging from $231.4100 to $232.4000. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F11 The transaction was executed in multiple trades at prices ranging from $232.4200 to $233.1000. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F12 The transaction was executed in multiple trades at prices ranging from $233.4700 to $234.4300. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F13 The transaction was executed in multiple trades at prices ranging from $234.5200 to $235.5100. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F14 The transaction was executed in multiple trades at prices ranging from $235.8300 to $236.8200. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F15 The transaction was executed in multiple trades at prices ranging from $236.9100 to $237.7600. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F16 The shares are held in grantor retained annuity trusts for the benefit of the reporting person and his children. The reporting person serves as trustee of the grantor retained annuity trusts.
F17 The shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts.