Kimberly J. McGarry - 15 May 2023 Form 4 Insider Report for Morningstar, Inc. (MORN)

Reporting relationship: Global Controller & CAO
Issuer ticker: MORN
Reported as of: 15 May 2023
Net transaction value: -$24,502
SEC form: 4
Accepted by SEC: 17 May 2023, 20:15:09 UTC
Prior SEC filing: 17 Nov 2022
Next SEC filing: 17 Nov 2023
Source filing: View source filing
Reporting owner signature: /s/ Leah Trzcinski, by power of attorney

Key filing fact

Kimberly J. McGarry filed Form 4 for Morningstar, Inc. (MORN) on 17 May 2023.

Key facts

This page summarizes Kimberly J. McGarry's Form 4 filing for Morningstar, Inc. (MORN).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 May 2023, 20:15.

Change

Previous filing in this sequence was filed on 17 Nov 2022.
Current net transaction value: -$24,502.

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

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: +394
Change %: +19%
Price: $0.000000
Shares after: 2,469
Date: 15 May 2023
Ownership: Direct
Footnotes: F1

MORN transaction

Common Stock

Tax liability

Transaction value: $24,502
Shares: -129
Change %: -5.2%
Price: $189.94
Shares after: 2,340
Date: 17 May 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MORN transaction Derivative

Market Stock Units

Award

Transaction value: $0
Shares: +190
Change %
Price: $0.000000
Shares after: 190
Date: 15 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 190
Exercise price
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

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 four equal annual installments beginning May 15, 2024.

Footnote F2

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 14, 2026.