SEC Form 4 · accession 0001289419-18-000229
Morningstar, Inc. · MORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph D Mansueto
Officer — Executive Chairman · Director · 10% Owner
Period of report
Dec 26, 2018
Accepted (ET)
Dec 28, 2018 · 11:39 am EST
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 StockF2 | Dec 26, 2018 | S | 5,914 | $106.2566 | D | 22,641,820 | D | |
| Common StockF3 | Dec 26, 2018 | S | 2,149 | $107.1659 | D | 22,639,671 | D | |
| Common StockF5 | Dec 26, 2018 | S | 2,343 | $108.2734 | D | 22,637,328 | D | |
| Common StockF7 | Dec 26, 2018 | S | 2,654 | $109.0859 | D | 22,634,674 | D | |
| Common StockF8 | Dec 27, 2018 | S | 7,563 | $108.8667 | D | 22,627,111 | D | |
| Common StockF6 | Dec 27, 2018 | S | 2,426 | $109.6507 | D | 22,624,685 | D | |
| Common StockF4 | holding | — | — | — | 150,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- 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 $105.83 to $106.815. 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 $106.83 to 107.68. 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.
- F5The transaction was executed in multiple trades at prices ranging from $107.855 to $108.84. 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.
- F6The transaction was executed in multiple trades at prices ranging from $109.46 to $109.99. 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.
- F7The transaction was executed in multiple trades at prices ranging from $108.88 to $109.51. 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.
- F8The transaction was executed in multiple trades at prices ranging from $108.45 to $109.44. 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.