Conan Wiersema - May 15, 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
CAO & PAO
Signature
/s/ Kathleen Peacock, by power of attorney
Stock symbol
MORN
Transactions as of
May 15, 2024
Transactions value $
-$15,458
Form type
4
Date filed
5/17/2024, 08:12 PM
Previous filing
Mar 18, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Conmon Stock (Restricted Units) Award $0 +252 +28.97% $0.00 1.12K May 15, 2024 Direct F1
transaction MORN Common Stock Tax liability -$15.5K -52 -4.63% $297.26 1.07K May 17, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MORN Market Stock Units Award $0 +126 $0.00 126 May 15, 2024 Common Stock 126 Direct F2
* 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 four equal annual installments beginning May 15, 2025.
F2 The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending May 14, 2027.