Kunal Kapoor - 15 Nov 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
CEO, Director
Signature
/s/ Kathleen Peacock, by power of attorney
Issuer symbol
MORN
Transactions as of
15 Nov 2024
Net transactions value
-$421,878
Form type
4
Filing time
19 Nov 2024, 19:07:12 UTC
Previous filing
17 May 2024
Next filing
27 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Options Exercise $0 +2,674 +2% $0.000000 134,939 15 Nov 2024 Direct F1
transaction MORN Common Stock Tax liability $421,878 -1,230 -0.91% $342.99 133,709 15 Nov 2024 Direct
transaction MORN Common Stock Award $0 +98 +0.07% $0.000000 133,807 15 Nov 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MORN Market Stock Units Options Exercise -2,674 -100% 0 15 Nov 2024 Common Stock 2,674 Direct F1
transaction MORN Market Stock Units Award $0 +5,947 $0.000000 5,947 15 Nov 2024 Common Stock 5,947 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock earned from the vesting of a market stock unit grant on November 15, 2021.
F2 Represents additional common stock earned from achievement of cumulative total shareholder return for the three year performance period ending November 15, 2024 in excess of target under the terms of a market stock unit grant on November 15, 2021.
F3 The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending November 14, 2027.