Joseph D. Mansueto - 06 Dec 2022 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Patrick Maloney, by power of attorney
Issuer symbol
MORN
Transactions as of
06 Dec 2022
Transactions value $
-$28,793
Form type
4
Filing time
07 Dec 2022, 18:34:51 UTC
Previous filing
05 Dec 2022
Next filing
09 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Sale -$28.8K -120 0% $239.94 11.8M 06 Dec 2022 Direct F1, F2
holding MORN Common Stock 4.8M 06 Dec 2022 By Trust F3
holding MORN Common Stock 150K 06 Dec 2022 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 31, 2022.
F2 On December 6, 2022, the reporting person contributed 600,000 shares of Morningstar common stock to a grantor retained annuity trust for the benefit of the reporting person and his children.
F3 The shares are held in grantor retained annuity trusts for the benefit of the reporting person and his children. The reporting person serves as trustee of the grantor retained annuity trusts.
F4 The shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts.