Joseph D. Mansueto - May 18, 2021 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Patrick Maloney, by power of attorney
Stock symbol
MORN
Transactions as of
May 18, 2021
Transactions value $
-$66,595
Form type
4
Date filed
5/19/2021, 03:33 PM
Previous filing
May 17, 2021
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$66.6K -275 0% $242.16 18.7M May 18, 2021 Direct F1, F2
holding MORN Common Stock 150K May 18, 2021 ByTrust F3
* 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 November 19, 2020.
F2 The transaction was executed in multiple trades at prices ranging from $242.05 to $242.45. 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 shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts.