William M. Lyons - 15 May 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Reporting relationship: Director
Issuer ticker: MORN
Reported as of: 15 May 2024
Net transaction value: -$216,802
SEC form: 4
Accepted by SEC: 06 Jun 2024, 18:03:57 UTC
Prior SEC filing: 17 May 2023
Next SEC filing: 01 Jul 2024
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 06 Jun 2024.

Key facts

This page summarizes William M. Lyons's Form 4 filing for Morningstar, Inc. (MORN).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 06 Jun 2024, 18:03.

Change

Previous filing in this sequence was filed on 17 May 2023.
Current net transaction value: -$216,802.

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 Units)

Award

Transaction value: $0
Shares: +639
Change %: +3.8%
Price: $0.000000
Shares after: 17,340
Date: 15 May 2024
Ownership: Direct
Footnotes: F1

MORN transaction

Common Stock

Sale

Transaction value: $216,802
Shares: -750
Change %: -4.3%
Price: $289.07
Shares after: 16,590
Date: 04 Jun 2024
Ownership: Direct
Footnotes: F2

^* 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 2 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Morningstar, lnc. common stock. The restricted stock units vest in three equal annual installments beginning May 15, 2025.

Footnote F2

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2024.