Joseph D. Mansueto - Dec 6, 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Kathleen Peacock, by power of attorney
Stock symbol
MORN
Transactions as of
Dec 6, 2024
Transactions value $
$0
Form type
4
Date filed
12/12/2024, 04:42 PM
Previous filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Gift $0 -20K -0.2% $0.00 10.2M Dec 6, 2024 Direct F1, F2
transaction MORN Common Stock Gift $0 -17.1K -0.17% $0.00 10.2M Dec 10, 2024 Direct
holding MORN Common Stock 4.84M Dec 6, 2024 By Trust F3
holding MORN Common Stock 150K Dec 6, 2024 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were transferred to a 501(c)(3) charitable foundation over which the reporting person serves as a director. The reporting person does not have a pecuniary interest over shares held by the foundation.
F2 In the fourth quarter of 2024, 225,721 shares were distributed to the reporting person from a grantor retained annuity trust established for the benefit of the reporting person and his children which were previously included as indirect holdings and are not reported as directly held.
F3 The shares are held in grantor retained annuity trusts for the benefit of the reporting person and his children. The reporting person serves as trustee of the grantor retained annuity trusts.
F4 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.