Form 4 for MORN Morningstar, Inc.
Accepted 2026-05-19 19:40:06 ET · period of report 2026-05-15 · accession 0001451293-26-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-05-19 19:40 | 2026-05-15 | MORN | Kapoor Kunal | CEO, Dir | A - Grant | $0.00 | +12.5K | 152.9K | +9% | $0 |
| D | 2026-05-19 19:40 | 2026-05-15 | MORN | Kapoor Kunal | CEO, Dir | M - OptEx | $0.00 | +2,108 | 155.0K | +1% | $0 |
| D | 2026-05-19 19:40 | 2026-05-15 | MORN | Kapoor Kunal | CEO, Dir | F - Tax | $166.05 | -3,699 | 151.3K | -2% | -$614.2K |
| D | 2026-05-19 19:40 | 2026-05-15 | MORN | Kapoor Kunal | CEO, Dir | M - OptEx | — | -2,108 | 2,108 | -50% | — |
| D | 2026-05-19 19:40 | 2026-05-15 | MORN | Kapoor Kunal | CEO, Dir | A - Grant | — | +17.0K | 17.0K | New | — |
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 (Restricted Stock Units) | 2026-05-15 | A | A | 1,177 | $0.00 | 141,507 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units fully vest on May 15, 2027. |
| 2 | Common | Common Stock (Restricted Stock Units) | 2026-05-15 | A | A | 11,359 | $0.00 | 152,866 | D | — | — | (F2) 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 May 15, 2027. |
| 3 | Common | Common Stock | 2026-05-15 | M | A | 2,108 | $0.00 | 154,974 | D | — | — | (F3) Represents common stock earned from the vesting of market stock units granted on May 15, 2023. |
| 4 | Common | Common Stock | 2026-05-15 | F | D | 3,699 | $166.05 | 151,275 | D | — | — | |
| 5 | Derivative | Market Stock Units | 2026-05-15 | M | D | 2,108 | — | 2,108 | D | — · — to 2026-05-15 | 2,108 Common Stock | (F3) Represents common stock earned from the vesting of market stock units granted on May 15, 2023. (F3) Represents common stock earned from the vesting of market stock units granted on May 15, 2023. (F3) Represents common stock earned from the vesting of market stock units granted on May 15, 2023. |
| 6 | Derivative | Market Stock Units | 2026-05-15 | A | A | 17,039 | — | 17,039 | D | — · — to 2029-05-14 | 17,039 Common Stock | (F4) 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, 2029. (F4) 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, 2029. (F4) 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, 2029. |