Joseph D. Mansueto - Jun 23, 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
Jun 23, 2021
Transactions value $
-$2,559,064
Form type
4
Date filed
6/25/2021, 11:08 AM
Previous filing
Jun 23, 2021
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$1.64M -6.61K -0.04% $247.74 18.5M Jun 23, 2021 Direct F1, F2
transaction MORN Common Stock Sale -$537K -2.18K -0.01% $246.56 18.5M Jun 24, 2021 Direct F1, F3
transaction MORN Common Stock Sale -$347K -1.4K -0.01% $247.77 18.5M Jun 24, 2021 Direct F1, F4
transaction MORN Common Stock Sale -$12.4K -50 0% $248.50 18.5M Jun 24, 2021 Direct F1
transaction MORN Common Stock Sale -$25K -100 0% $249.74 18.5M Jun 24, 2021 Direct F1
holding MORN Common Stock 150K Jun 23, 2021 ByTrust F5
* 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 $247.43 to $248.30. 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 $246.42 to $247.27. 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.
F4 The transaction was executed in multiple trades at prices ranging from $247.43 to $248.26. 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.
F5 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.