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

Role
Head of Talent and Culture
Signature
/s/ Patrick Maloney, by power of attorney
Issuer symbol
MORN
Transactions as of
24 May 2021
Net transactions value
-$710,040
Form type
4
Filing time
26 May 2021, 17:06:23 UTC
Previous filing
26 May 2021
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale $308,704 -1,306 -5.2% $236.37 23,831 24 May 2021 Direct F1, F2
transaction MORN Common Stock Sale $401,335 -1,694 -7.1% $236.92 22,137 24 May 2021 Direct F1, F3
holding MORN Common Stock 21,107 24 May 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.