William M. Lyons - 15 May 2025 Form 4 Insider Report for Morningstar, Inc. (MORN)

Reporting relationship: Director
Issuer ticker: MORN
Reported as of: 15 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 May 2025, 20:31:59 UTC
Prior SEC filing: 30 Oct 2024
Next SEC filing: 19 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Kathleen Peacock, by power of attorney

Key filing fact

William M. Lyons filed Form 4 for Morningstar, Inc. (MORN) on 19 May 2025.

Key facts

This page summarizes William M. Lyons's Form 4 filing for Morningstar, Inc. (MORN).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 19 May 2025, 20:31.

Change

Previous filing in this sequence was filed on 30 Oct 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001411724 Primary reporting owner

Lyons William M

Relationship: Director
Address: 22 WEST WASHINGTON ST, CHICAGO
Signature: /s/ Kathleen Peacock, by power of attorney
Signature date: 19 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MORN transaction

Common Stock (Restricted Stock Units)

Award

Transaction value: $0
Shares: +620
Change %: +4.8%
Price: $0.000000
Shares after: 13,460
Date: 15 May 2025
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 1 footnote

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual installments beginning May 15, 2026.