Key facts
- This page summarizes Conan Wiersema's Form 4 filing for Morningstar, Inc. (MORN).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 18 Nov 2025, 18:07.
Conan Wiersema - 15 Nov 2025 Form 4 Insider Report for Morningstar, Inc. (MORN)
- Reporting relationship
- CAO & PAO
- Issuer ticker
- MORN
- Reported as of
- 15 Nov 2025
- Net transaction value
- -$5,935
- SEC form
- 4
- Accepted by SEC
- 18 Nov 2025, 18:07:07 UTC
- Prior SEC filing
- 02 Sep 2025
- Next SEC filing
- 03 Mar 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kathleen Peacock, by power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Conan Wiersema filed Form 4 for Morningstar, Inc. (MORN) on 18 Nov 2025.
Change
- Previous filing in this sequence was filed on 02 Sep 2025.
- Current net transaction value: -$5,935.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0002015224
Primary reporting owner
Wiersema Conan
- Relationship
- CAO & PAO
- Address
- C/O MORNINGSTAR, INC., 22 W. WASHINGTON STREET, CHICAGO
- Signature
- /s/ Kathleen Peacock, by power of attorney
- Signature date
- 18 Nov 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MORN
transaction
Conmon Stock (Restricted Units)
Award
- Transaction value
- $0
- Shares
- +471
- Change %
- +33%
- Price
- $0.000000
- Shares after
- 1,887
- Date
- 15 Nov 2025
- Ownership
- Direct
- Footnotes
- F1
MORN
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +12
- Change %
- +0.64%
- Price
- $0.000000
- Shares after
- 1,899
- Date
- 15 Nov 2025
- Ownership
- Direct
- Footnotes
- F2
MORN
transaction
Common Stock
Tax liability
- Transaction value
- $5,935
- Shares
- -28
- Change %
- -1.5%
- Price
- $211.95
- Shares after
- 1,871
- Date
- 15 Nov 2025
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MORN
transaction
Derivative
Market Stock Units
Options Exercise
- Transaction value
- Shares
- -12
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Nov 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12
- Exercise price
- Footnotes
- F2
MORN
transaction
Derivative
Market Stock Units
Award
- Transaction value
- $0
- Shares
- +294
- Change %
- Price
- $0.000000
- Shares after
- 294
- Date
- 15 Nov 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 294
- Exercise price
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 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 November 15, 2026.
Footnote F2
Represents common stock earned from the vesting of a market stock unit grant on November 15, 2022.
Footnote F3
The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending November 14, 2028.