Michael Holt - 01 Jan 2025 Form 3 Insider Report for Morningstar, Inc. (MORN)

Role
Chief Financial Officer
Signature
/s/ Kathleen Peacock, by power of attorney
Issuer symbol
MORN
Transactions as of
01 Jan 2025
Net transactions value
$0
Form type
3
Filing time
10 Jan 2025, 17:38:50 UTC
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MORN Common Stock 4,744 01 Jan 2025 Direct
holding MORN Common Stock (Restricted Stock Units) 689 01 Jan 2025 Direct F1
holding MORN Common Stock (Restricted Stock Units) 219 01 Jan 2025 Direct F2
holding MORN Common Stock (Restricted Stock Units) 592 01 Jan 2025 Direct F3
holding MORN Common Stock (Restricted Stock Units) 149 01 Jan 2025 Direct F4
holding MORN Common Stock (Restricted Stock Units) 555 01 Jan 2025 Direct F5

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
holding MORN Market Stock Units 01 Jan 2025 Common Stock 715 Direct F6
holding MORN Market Stock Units 01 Jan 2025 Common Stock 568 Direct F7
holding MORN Market Stock Units 01 Jan 2025 Common Stock 1,142 Direct F8
holding MORN Market Stock Units 01 Jan 2025 Common Stock 687 Direct F9
holding MORN Market Stock Units 01 Jan 2025 Common Stock 832 Direct F10
holding MORN Market Stock Units 01 Jan 2025 Common Stock 721 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The amount listed represents the unvested portion of a grant of restricted stock units granted on May 15, 2021, the remainder of which vests on May 15, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The amount listed represents the unvested portion of a grant of restricted stock units granted on May 15, 2022, the remainder of which vest in equal annual installments on May 15, 2025 and 2026.
F3 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The amount listed represents the unvested portion of a grant of restricted stock units granted on May 15, 2023, the remainder of which vests on May 15, 2025, 2026 and 2027.
F4 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in full on September 1, 2025.
F5 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in equal annual installments on May 15, 2025, 2026, 2027 and 2028.
F6 The market stock units earned will be based in part on the company's cumulative total shareholder return for the three year performance period ending May 15, 2025.
F7 The market stock units earned will be based in part on the company's cumulative total shareholder return for the three year performance period ending November 15, 2025.
F8 The market stock units earned will be based in part on the company's cumulative total shareholder return for the three year performance period ending May 15, 2026.
F9 The market stock units earned will be based in part on the company's cumulative total shareholder return for the three year performance period ending November 15, 2026.
F10 The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending May 15, 2027.
F11 The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending November 15, 2027.

Remarks:

Ex 24- Power of Attorney