Conan Wiersema - Sep 2, 2024 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role: CAO & PAO
Signature: /s/ Kathleen Peacock, by power of attorney
Stock symbol: MORN
Transactions as of: Sep 2, 2024
Transactions value $: -$8,158
Form type: 4
Date filed: 3/4/2025, 04:58 PM
Previous filing: May 17, 2024
Next filing: Nov 19, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MORN	Common Stock	Tax liability	-$8.16K	-26	-2.34%	$313.77	1.09K	Sep 2, 2024	Direct	F1, F2
transaction	MORN	Common Stock (Restricted Stock Units)	Award	$0	+98	+9.02%	$0.00	1.18K	Mar 1, 2025	Direct	F3

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld for taxes for the restricted stock unit grant made on March 1, 2023.
F2	Amount includes a grant of 66 restricted stock units awarded on March 1, 2024, with the restricted stock units vesting in full on September 1, 2025. The grant was not included in the reporting persons Form 3 filed on March 18, 2024.
F3	Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in full on September 1, 2026.

Remarks:

This report is filed late due to administrative error.