Jason Dubinsky - Dec 13, 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role: Chief Financial Officer
Signature: /s/ Kathleen Peacock, by power of attorney
Stock symbol: MORN
Transactions as of: Dec 13, 2024
Transactions value $: -$1,137,347
Form type: 4
Date filed: 12/16/2024, 05:10 PM
Previous filing: Nov 19, 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	Sale	-$640K	-1.82K	-8.85%	$352.09	18.7K	Dec 13, 2024	Direct	F1
transaction	MORN	Common Stock	Sale	-$233K	-660	-3.53%	$353.16	18.1K	Dec 13, 2024	Direct	F2
transaction	MORN	Common Stock	Sale	-$206K	-582	-3.22%	$354.27	17.5K	Dec 13, 2024	Direct	F3
transaction	MORN	Common Stock	Sale	-$40.9K	-115	-0.66%	$355.39	17.4K	Dec 13, 2024	Direct	F4
transaction	MORN	Common Stock	Sale	-$17.5K	-49	-0.28%	$356.49	17.3K	Dec 13, 2024	Direct

Showing 1 to 5 of 5 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction was executed in multiple trades at prices ranging from $351.6100 to $352.4900. 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.
F2	The transaction was executed in multiple trades at prices ranging from $352.6200 to $353.5950. 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.
F3	The transaction was executed in multiple trades at prices ranging from $353.7250 to $354.6400. 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 $354.9500 to $355.6300. 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.