SEC Form 4 · accession 0001289419-18-000098

Morningstar, Inc. · MORN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Chairman · Director · 10% Owner

Period of report

Aug 1, 2018

Accepted (ET)

Aug 2, 2018 · 11:08 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001289419

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2,F5	Aug 1, 2018	S	6,400	$131.2589	D	23,392,080	D
Common Stock^F3	Aug 1, 2018	S	2,110	$132.4452	D	23,389,970	D
Common Stock^F4	holding	—	—		—	150,000	I	By Trust

No Table II lines on this filing.

F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 20, 2018.
F2The transaction was executed in multiple trades at prices ranging from $131.00 to $131.79. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F3The transaction was executed in multiple trades at prices ranging from $132.11 to $132.84. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F4These shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts.
F5Total number of shares beneficially owned by the reporting person has been increased by 1 share due to a mathematical error in a prior report.