Bevin Desmond - May 24, 2021 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Head of Talent and Culture
Signature
/s/ Patrick Maloney, by power of attorney
Stock symbol
MORN
Transactions as of
May 24, 2021
Transactions value $
-$710,040
Form type
4
Date filed
5/26/2021, 05:06 PM
Previous filing
May 26, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$309K -1.31K -5.2% $236.37 23.8K May 24, 2021 Direct F1, F2
transaction MORN Common Stock Sale -$401K -1.69K -7.11% $236.92 22.1K May 24, 2021 Direct F1, F3
holding MORN Common Stock 21.1K May 24, 2021 By spouse
* 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 20, 2020.
F2 The transaction was executed in multiple trades at prices ranging from $235.7050 to $236.64. 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 $236.77 to $237.32. 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.