Form 4 for MORN Morningstar, Inc.
Accepted 2022-11-07 00:00:00 ET · period of report 2022-11-04 · accession 0001062993-22-021643 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-11-07 | 2022-11-04 | MORN | Mansueto Joseph D | Executive COB, Dir, 10% | S - Sale | $230.63 | -10.6K | 12.52M | -0.1% | -$2.44M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-11-04 | S | D | 584 | $233.99 | 12,513,665 | D | — | — | (F8) The transaction was executed in multiple trades at prices ranging from $233.5900 to $234.4200. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected. |
| 2 | Common | Common Stock | 2022-11-04 | S | D | 546 | $232.94 | 12,514,249 | D | — | — | (F7) The transaction was executed in multiple trades at prices ranging from $232.4600 to $233.3900. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2022-11-04 | S | D | 890 | $231.71 | 12,514,795 | D | — | — | (F6) The transaction was executed in multiple trades at prices ranging from $231.4200 to $232.2200. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Common | Common Stock | 2022-11-04 | S | D | 3,479 | $230.77 | 12,515,685 | D | — | — | (F5) The transaction was executed in multiple trades at prices ranging from $230.3600 to $231.2600. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected. |
| 5 | Common | Common Stock | 2022-11-04 | S | D | 1,020 | $228.89 | 12,523,205 | D | — | — | (F3) The transaction was executed in multiple trades at prices ranging from $228.3500 to $229.2600. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected. (F2) On August 23, 2021, the reporting person contributed 4,500,000 shares of Morningstar common stock to grantor retained annuity trusts for the benefit of himself and his three children. Pursuant to the terms of such trusts, 301,025 shares were distributed to the reporting person on September 27, 2022 and are reported as directly owned in this Form 4. The reporting person's Forms 4 filed on September 28, September 30, and October 4, 2022 did not reflect this adjustment between direct and indirect holdings due to administrative error. |
| 6 | Common | Common Stock | 2022-11-04 | S | D | 4,041 | $229.91 | 12,519,164 | D | — | — | (F4) The transaction was executed in multiple trades at prices ranging from $229.3500 to $230.3400. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected. |