William M. Lyons - Aug 30, 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Director
Signature
/s/ Kathleen Peacock, by power of attorney
Stock symbol
MORN
Transactions as of
Aug 30, 2024
Transactions value $
-$233,700
Form type
4
Date filed
9/3/2024, 05:24 PM
Previous filing
Jul 31, 2024
Next filing
Sep 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$234K -750 -4.97% $311.60 14.3K Aug 30, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 March 5, 2024.