Form 4 for MORN Morningstar, Inc.
Accepted 2023-08-29 00:00:00 ET · period of report 2023-08-25 · accession 0001062993-23-017215 · 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 | 2023-08-29 | 2023-08-25+ | MORN | Mansueto Joseph D | Executive COB, Dir, 10% | S - Sale | $223.15 | -25.3K | 11.57M | -0.2% | -$5.65M |
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 | 2023-08-25 | S | D | 8,293 | $221.37 | 11,572,227 | D | — | — | (F4) The transaction was executed in multiple trades at prices ranging from $220.9500 to $221.9200. 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 | 2023-08-25 | S | D | 1,098 | $222.15 | 11,571,129 | D | — | — | (F5) The transaction was executed in multiple trades at prices ranging from $222.0450 to $222.3200. 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 | 2023-08-28 | S | D | 220 | $221.54 | 11,570,909 | D | — | — | (F6) The transaction was executed in multiple trades at prices ranging from $221.1000 to $221.9100. 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 | 2023-08-28 | S | D | 360 | $227.47 | 11,558,479 | D | — | — | (F12) The transaction was executed in multiple trades at prices ranging from $227.3800 to $227.7100. 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 | 2023-08-28 | S | D | 1,888 | $223.60 | 11,566,991 | D | — | — | (F8) The transaction was executed in multiple trades at prices ranging from $223.2750 to $224.2550. 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. |
| 6 | Common | Common Stock | 2023-08-28 | S | D | 1,322 | $224.72 | 11,565,669 | D | — | — | (F9) The transaction was executed in multiple trades at prices ranging from $224.3000 to $225.2200. 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. |
| 7 | Common | Common Stock | 2023-08-28 | S | D | 4,049 | $225.91 | 11,561,620 | D | — | — | (F10) The transaction was executed in multiple trades at prices ranging from $225.3500 to $226.3000. 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. |
| 8 | Common | Common Stock | 2023-08-28 | S | D | 2,781 | $226.77 | 11,558,839 | D | — | — | (F11) The transaction was executed in multiple trades at prices ranging from $226.3700 to $227.2800. 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. |
| 9 | Common | Common Stock | 2023-08-25 | S | D | 3,259 | $220.53 | 11,580,520 | D | — | — | (F3) The transaction was executed in multiple trades at prices ranging from $219.9500 to $220.9400. 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 children. Pursuant to the terms of such trusts, 301,025 shares were distributed to the reporting person on September 27, 2022. On December 6, 2022, the reporting person contributed 600,000 shares of Morningstar common stock to such trusts. Pursuant to the terms of such trusts, 399,280 shares were distributed to the reporting person on August 23, 2023 and are reported as directly owned in this Form 4. The reporting person's Form 4 filed on August 23, 2023 did not reflect this adjustment between direct and indirect holdings due to administrative error. |
| 10 | Common | Common Stock | 2023-08-28 | S | D | 2,030 | $222.62 | 11,568,879 | D | — | — | (F7) The transaction was executed in multiple trades at prices ranging from $222.1200 to $223.0875. 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. |