Caroline J. Tsay - May 15, 2023 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Director
Signature
/s/ Leah Trzcinski, by power of attorney
Stock symbol
MORN
Transactions as of
May 15, 2023
Transactions value $
-$124,549
Form type
4
Date filed
5/17/2023, 08:09 PM
Previous filing
Apr 4, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock (Restricted Stock Units) Award $0 +868 +24.92% $0.00 4.35K May 15, 2023 Direct F1
transaction MORN Common Stock Other $0 -124 -2.85% $0.00 4.23K May 15, 2023 Direct F2
transaction MORN Common Stock Sale -$125K -651 -15.4% $191.32 3.58K May 15, 2023 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, 2024.
F2 The reporting person transferred these shares pursuant to a court filed stipulation in connection with a dissolution of marriage filed in Santa Clara County. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.