Joseph D. Mansueto - Sep 8, 2022 Form 4 Insider Report for Morningstar, Inc. (MORN)

Signature
/s/ Patrick Maloney, by power of attorney
Stock symbol
MORN
Transactions as of
Sep 8, 2022
Transactions value $
-$3,637,338
Form type
4
Date filed
9/12/2022, 12:19 PM
Previous filing
Sep 8, 2022
Next filing
Sep 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$54.3K -230 0% $235.90 12.3M Sep 8, 2022 Direct F1, F2
transaction MORN Common Stock Sale -$83K -350 0% $237.02 12.3M Sep 8, 2022 Direct F1, F3
transaction MORN Common Stock Sale -$296K -1.24K -0.01% $238.35 12.3M Sep 8, 2022 Direct F1, F4
transaction MORN Common Stock Sale -$254K -1.06K -0.01% $239.15 12.3M Sep 8, 2022 Direct F1, F5
transaction MORN Common Stock Sale -$965K -4.02K -0.03% $240.22 12.3M Sep 8, 2022 Direct F1, F6
transaction MORN Common Stock Sale -$24.1K -100 0% $240.94 12.3M Sep 8, 2022 Direct F1
transaction MORN Common Stock Sale -$24.1K -100 0% $241.36 12.3M Sep 9, 2022 Direct F1, F7
transaction MORN Common Stock Sale -$14.5K -60 0% $242.27 12.3M Sep 9, 2022 Direct F1, F8
transaction MORN Common Stock Sale -$218K -893 -0.01% $243.81 12.3M Sep 9, 2022 Direct F1, F9
transaction MORN Common Stock Sale -$1.06M -4.32K -0.04% $244.78 12.3M Sep 9, 2022 Direct F1, F10
transaction MORN Common Stock Sale -$646K -2.63K -0.02% $245.62 12.3M Sep 9, 2022 Direct F1, F11
holding MORN Common Stock 4.5M Sep 8, 2022 By Trust F12
holding MORN Common Stock 150K Sep 8, 2022 By Trust F13
* 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 $235.6900 to $236.6800. 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 $236.7100 to $237.4600. 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 $237.7200 to $238.7000. 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 $238.7600 to $239.7000. 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 $239.7600 to $240.7500. 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 $241.0200 to $241.6350. 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 $242.1500 to $242.3300. 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 $243.2400 to $244.1900 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 $244.2475 to $245.2400. 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 $245.2600 to $245.9800. 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 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.
F13 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.