Joseph D. Mansueto - 04 Aug 2021 Form 4 Insider Report for Morningstar, Inc. (MORN)

Signature
/s/ Patrick Maloney, by power of attorney
Issuer symbol
MORN
Transactions as of
04 Aug 2021
Net transactions value
-$4,284,602
Form type
4
Filing time
06 Aug 2021, 13:08:06 UTC
Previous filing
04 Aug 2021
Next filing
10 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale $39,230 -150 -0% $261.53 18,328,227 04 Aug 2021 Direct F1
transaction MORN Common Stock Sale $52,592 -200 -0% $262.96 18,328,027 04 Aug 2021 Direct F1, F2
transaction MORN Common Stock Sale $224,900 -849 -0% $264.90 18,327,178 04 Aug 2021 Direct F1, F3
transaction MORN Common Stock Sale $797,651 -3,001 -0.02% $265.80 18,324,177 04 Aug 2021 Direct F1, F4
transaction MORN Common Stock Sale $493,710 -1,850 -0.01% $266.87 18,322,327 04 Aug 2021 Direct F1, F5
transaction MORN Common Stoick Sale $1,450,532 -5,411 -0.03% $268.07 18,316,916 04 Aug 2021 Direct F1, F6
transaction MORN Common Stock Sale $1,057,752 -3,933 -0.02% $268.94 18,312,983 04 Aug 2021 Direct F1, F7
transaction MORN Common Stock Sale $88,468 -328 -0% $269.72 18,312,655 04 Aug 2021 Direct F1, F8
transaction MORN Common Stock Sale $39,780 -150 -0% $265.20 18,312,505 05 Aug 2021 Direct F1, F9
transaction MORN Common Stock Sale $39,989 -150 -0% $266.59 18,312,355 05 Aug 2021 Direct F1, F10
holding MORN Common Stock 150,000 04 Aug 2021 ByTrust F11
* 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 $262.95 to $262.98. 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 $264.28 to $265.18. 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 $265.3250 to $266.22. 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 $266.43 to $267.3850. 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 $267.54 to $268.5150. 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 $268.54 to $269.51. 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 $269.62 to $269.81. 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 $265.18 to $266.03. 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 $266.59 to $266.5950. 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 shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts.