Cheryl Francis - May 15, 2025 Form 4 Insider Report for Morningstar, Inc. (MORN)

Role
Director
Signature
/s/ Kathleen Peacock, by power of attorney
Stock symbol
MORN
Transactions as of
May 15, 2025
Transactions value $
$0
Form type
4
Date filed
5/19/2025, 08:56 PM
Previous filing
May 15, 2025
Next filing
Jun 30, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
FRANCIS CHERYL A Director 22 WEST WASHINGTON ST, CHICAGO /s/ Kathleen Peacock, by power of attorney 2025-05-19 0001197386

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock (Restricted Stock Units) Award $0 +620 +1.76% $0.00 35.8K May 15, 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual installments beginning May 15, 2026.