InsiderTrades

Form 4 for MORN Morningstar, Inc.

Accepted 2026-05-19 19:39:38 ET · period of report 2026-05-15 · accession 0002050530-26-000006 · 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 2026-05-19 19:39 2026-05-15 MORN Holt Michael CFO A - Grant $0.00 +2,860 12.4K +30% $0
D 2026-05-19 19:39 2026-05-15 MORN Holt Michael CFO M - OptEx $0.00 +243 12.6K +2% $0
D 2026-05-19 19:39 2026-05-15 MORN Holt Michael CFO S - Sale+OE $166.05 -270 12.3K -2% -$44.8K
D 2026-05-19 19:39 2026-05-15 MORN Holt Michael CFO M - OptEx — -243 0 -100% —
D 2026-05-19 19:39 2026-05-15 MORN Holt Michael CFO A - Grant — +4,290 4,290 New —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock (Restricted Stock Units) 2026-05-15 A A 2,860 $0.00 12,352.95 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 four equal annual installments beginning May 15, 2027. (F2) Amount includes 12.949 shares that were inadvertently excluded from the reported amount of securities beneficially owned in prior Form 4 filings due to an administrative error.
2 Common Common Stock 2026-05-15 M A 243 $0.00 12,595.95 D — — (F3) Represents common stock earned from the vesting of market stock unit granted on May 15, 2023.
3 Common Common Stock 2026-05-15 S D 270 $166.05 12,325.95 D — —
4 Derivative Market Stock Units 2026-05-15 M D 243 — 0 D — · — to 2026-05-15 243 Common Stock (F3) Represents common stock earned from the vesting of market stock unit granted on May 15, 2023. (F3) Represents common stock earned from the vesting of market stock unit granted on May 15, 2023. (F3) Represents common stock earned from the vesting of market stock unit granted on May 15, 2023.
5 Derivative Market Stock Units 2026-05-15 A A 4,290 — 4,290 D — · — to 2029-05-14 4,290 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.