Form 4 for MORN Morningstar, Inc.
Accepted 2025-11-18 00:00:00 ET · period of report 2025-11-15 · accession 0001451293-25-000003 · 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 | 2025-11-18 | 2025-11-15 | MORN | Kapoor Kunal | CEO, Dir | M - OptEx | $0.00 | +1,861 | 141.2K | +1% | $0 |
| D | 2025-11-18 | 2025-11-15 | MORN | Kapoor Kunal | CEO, Dir | F - Tax | $211.95 | -826 | 140.3K | -0.6% | -$175.1K |
| D | 2025-11-18 | 2025-11-15 | MORN | Kapoor Kunal | CEO, Dir | M - OptEx | — | -1,861 | 0 | -100% | — |
| D | 2025-11-18 | 2025-11-15 | MORN | Kapoor Kunal | CEO, Dir | A - Grant | $0.00 | +10.8K | 10.8K | 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 | 2025-11-15 | M | A | 1,861 | $0.00 | 141,156 | D | — | — | (F1) Represents common stock earned from the vesting of a market stock unit grant on November 15, 2022. (F2) Amount includes 1237 restricted stock units that vest in full on May 15, 2026 that were excluded from the prior filing due to administrative error. |
| 2 | Common | Common Stock | 2025-11-15 | F | D | 826 | $211.95 | 140,330 | D | — | — | |
| 3 | Derivative | Market Stock Units | 2025-11-15 | M | D | 1,861 | — | 0 | D | — · — to 2025-11-15 | 1,861 Common Stock | (F1) Represents common stock earned from the vesting of a market stock unit grant on November 15, 2022. |
| 4 | Derivative | Market Stock Units | 2025-11-15 | A | A | 10,810 | $0.00 | 10,810 | D | — · — to 2028-11-14 | 10,810 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 November 14, 2028. |