Joseph D. Mansueto - 02 Aug 2021 Form 4 Insider Report for Morningstar, Inc. (MORN)

Signature
/s/ Patrick Maloney, by power of attorney
Issuer symbol
MORN
Transactions as of
02 Aug 2021
Net transactions value
-$7,372,477
Form type
4
Filing time
04 Aug 2021, 13:13:29 UTC
Previous filing
27 Jul 2021
Next filing
06 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale $120,195 -475 -0% $253.04 18,356,405 02 Aug 2021 Direct F1, F2
transaction MORN Common Stock Sale $417,334 -1,645 -0.01% $253.70 18,354,760 02 Aug 2021 Direct F1, F3
transaction MORN Common Stock Sale $368,784 -1,445 -0.01% $255.21 18,353,315 02 Aug 2021 Direct F1, F4
transaction MORN Common Stock Sale $954,659 -3,725 -0.02% $256.28 18,349,590 02 Aug 2021 Direct F1, F5
transaction MORN Common Stock Sale $557,302 -2,169 -0.01% $256.94 18,347,421 02 Aug 2021 Direct F1, F6
transaction MORN Common Stoick Sale $1,151,117 -4,456 -0.02% $258.33 18,342,965 02 Aug 2021 Direct F1, F7
transaction MORN Common Stock Sale $474,378 -1,831 -0.01% $259.08 18,341,134 02 Aug 2021 Direct F1, F8
transaction MORN Common Stock Sale $592,441 -2,300 -0.01% $257.58 18,338,834 03 Aug 2021 Direct F1, F9
transaction MORN Common Stock Sale $330,348 -1,278 -0.01% $258.49 18,337,556 03 Aug 2021 Direct F1, F10
transaction MORN Common Stock Sale $293,795 -1,132 -0.01% $259.54 18,336,424 03 Aug 2021 Direct F1, F11
transaction MORN Common Stock Sale $234,670 -900 -0% $260.74 18,335,524 03 Aug 2021 Direct F1, F12
transaction MORN Common Stock Sale $591,072 -2,256 -0.01% $262.00 18,333,268 03 Aug 2021 Direct F1, F13
transaction MORN Common Stock Sale $946,165 -3,601 -0.02% $262.75 18,329,667 03 Aug 2021 Direct F1, F14
transaction MORN Common Stock Sale $340,216 -1,290 -0.01% $263.73 18,328,377 03 Aug 2021 Direct F1, F15
holding MORN Common Stock 150,000 02 Aug 2021 ByTrust F16
* 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 $252.43 to $253.34. 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 $253.46 to $254.31. 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 $254.63 to $255.60. 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 transaction was executed in multiple trades at prices ranging from $255.65 to $256.64. 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.
F6 The transaction was executed in multiple trades at prices ranging from $256.6550 to $257.55. 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.
F7 The transaction was executed in multiple trades at prices ranging from $257.73 to $258.70. 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.
F8 The transaction was executed in multiple trades at prices ranging from $258.73 to $259.55. 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.
F9 The transaction was executed in multiple trades at prices ranging from $256.98 to $257.94. 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.
F10 The transaction was executed in multiple trades at prices ranging from $258.00 to $258.99. 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.
F11 The transaction was executed in multiple trades at prices ranging from $259.1750 to $260.00. 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.
F12 The transaction was executed in multiple trades at prices ranging from $260.27 to $261.17. 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.
F13 The transaction was executed in multiple trades at prices ranging from $261.34 to $262.33. 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.
F14 The transaction was executed in multiple trades at prices ranging from $262.35 to $263.2950. 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.
F15 The transaction was executed in multiple trades at prices ranging from $263.35 to $264.23. 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.
F16 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.