Form 4 for MORN Morningstar, Inc.
Accepted 2025-05-19 00:00:00 ET · period of report 2025-05-15 · accession 0001289419-25-000104 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-19 | 2025-05-16 | MORN | Holt Michael | CFO | F - Tax | $306.41 | -507 | 5,551 | -8% | -$155.3K |
| D | 2025-05-19 | 2025-05-16 | MORN | Holt Michael | CFO | M - OptEx | $0.00 | +586 | 6,058 | +11% | $0 |
| D | 2025-05-19 | 2025-05-15 | MORN | Holt Michael | CFO | A - Grant | $0.00 | +897 | 5,472 | +20% | $0 |
| D | 2025-05-19 | 2025-05-16 | MORN | Holt Michael | CFO | M - OptEx | — | -586 | 0 | -100% | — |
| D | 2025-05-19 | 2025-05-15 | MORN | Holt Michael | CFO | A - Grant | $0.00 | +1,346 | 1,346 | New | $0 |
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 | 2025-05-16 | F | D | 507 | $306.41 | 5,551 | D | — | — | |
| 2 | Common | Common Stock | 2025-05-16 | M | A | 586 | $0.00 | 6,058 | D | — | — | (F2) Represents common stock earned from the vesting of a market stock unit grant on May 15, 2022. |
| 3 | Common | Common Stock (Restricted Stock Units) | 2025-05-15 | A | A | 897 | $0.00 | 5,472 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual installments beginning May 15, 2026. |
| 4 | Derivative | Market Stock Units | 2025-05-16 | M | D | 586 | — | 0 | D | — · — to 2025-05-15 | 586 Common Stock | (F2) Represents common stock earned from the vesting of a market stock unit grant on May 15, 2022. |
| 5 | Derivative | Market Stock Units | 2025-05-15 | A | A | 1,346 | $0.00 | 1,346 | D | — · — to 2028-05-14 | 1,346 Common Stock | (F3) The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending May 14, 2028. |