Morningstar, Inc.

MORNNASDAQFinancial Services● Active

$182.04

+$0.53(+0.29%)

Market Cap$6.9B

P/E Ratio—

52W High$316.71

52W Low$149.08

Avg Volume517K

Open$181.38

Beta0.99

Insider Trades Ownership Employees

Morningstar, Inc. (MORN) Insider Trading

Form 4 buy vs sell counts, ratio, and sentiment — switch this quarter or last 12 months; chart and transactions below.

SEC EDGAR · FMP · MORN · as of Jun 9, 2026

Activity summary

Buy transactions

P-Purchase only

Sell transactions

250

12 Months

Buy/Sell ratio

0.00

Buy/Sell (by trades)

Overall sentiment

BEARISH

↑ Buy 0%Active transactions only · RSU vesting excluded100% Sell ↓

Morningstar, Inc. insiders have been primarily selling shares over the past 12 Months. Selling activity is often driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment toward the company.

▸ Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · Buy = P-Purchase only · Sell = S-Sale only

As of Jun 9, 2026

MORN insider buying and selling by quarter

MORN insider selling · MORN insider buying stocks · quarterly insider activity

Total insider buying (incl. awards)Total insider selling

292K146K0

2024 Q3

2024 Q4

2025 Q1

2025 Q2

2025 Q3

2025 Q4

2026 Q1

2026 Q2

Mobile shows last 4Q · Desktop shows full 8Q

▸ Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · last 8 quarters

As of Jun 9, 2026

Active insiders

Most active in past 12 months · MORN ceo insider trading

Showing all insiders · Click a card to filter the transactions table below

▸ Aggregated from reportingName · top 5 by trade count (12M) · no extra API

Recent insider transactions

MORN executive sell shares · MORN board member insider trading · MORN insider trading SEC filing

Showing 80 most recent · Common Stock · Form 4 only

Scroll horizontally to see all columns

Date	Insider	Type	Shares	Price	Value	After trans.	Filing
May 27, 2026	Lyons William M Director	Sale	700	$179.00	$125K	13,904	Form 4
May 21, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	5,081	$172.33	$876K	8,047,931	Form 4
May 21, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	1,935	$172.87	$335K	8,045,996	Form 4
May 21, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	234	$174.07	$41K	8,045,762	Form 4
May 22, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	317	$174.09	$55K	8,045,445	Form 4
May 22, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	114	$174.98	$20K	8,045,331	Form 4
May 22, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	741	$176.30	$131K	8,044,590	Form 4
May 22, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	578	$177.08	$102K	8,044,012	Form 4
May 22, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	293	$178.39	$52K	8,043,719	Form 4
May 22, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	227	$179.52	$41K	8,043,492	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	559	$171.33	$96K	8,073,681	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	300	$172.43	$52K	8,073,381	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	116	$173.38	$20K	8,073,265	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	500	$174.51	$87K	8,072,765	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	1,620	$175.80	$285K	8,071,145	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	3,515	$176.85	$622K	8,067,630	Form 4
May 18, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	640	$177.42	$114K	8,066,990	Form 4
May 19, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	2,629	$176.66	$464K	8,064,361	Form 4
May 19, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	1,446	$178.06	$257K	8,062,915	Form 4
May 19, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	676	$179.08	$121K	8,062,239	Form 4
May 19, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	1,726	$180.39	$311K	8,060,513	Form 4
May 19, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	227	$181.05	$41K	8,060,286	Form 4
May 19, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	24	$182.13	$4K	8,060,262	Form 4
May 20, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	5,704	$171.32	$977K	8,054,558	Form 4
May 20, 2026	Mansueto Joseph D Executive Chairman · Director	Sale	1,255	$172.33	$216K	8,053,303	Form 4

Lyons William M

Director

Sale

Date

May 27

700

Price

$179.00

Value

$125K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 21

5,081

Price

$172.33

Value

$876K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 21

1,935

Price

$172.87

Value

$335K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 21

234

Price

$174.07

Value

$41K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 22

317

Price

$174.09

Value

$55K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 22

114

Price

$174.98

Value

$20K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 22

741

Price

$176.30

Value

$131K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 22

578

Price

$177.08

Value

$102K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 22

293

Price

$178.39

Value

$52K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 22

227

Price

$179.52

Value

$41K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

559

Price

$171.33

Value

$96K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

300

Price

$172.43

Value

$52K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

116

Price

$173.38

Value

$20K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

500

Price

$174.51

Value

$87K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

1,620

Price

$175.80

Value

$285K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

3,515

Price

$176.85

Value

$622K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 18

640

Price

$177.42

Value

$114K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 19

2,629

Price

$176.66

Value

$464K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 19

1,446

Price

$178.06

Value

$257K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 19

676

Price

$179.08

Value

$121K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 19

1,726

Price

$180.39

Value

$311K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 19

227

Price

$181.05

Value

$41K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 19

Price

$182.13

Value

$4K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 20

5,704

Price

$171.32

Value

$977K

View Form 4 on SEC.gov

Mansueto Joseph D

Executive Chairman · Director

Sale

Date

May 20

1,255

Price

$172.33

Value

$216K

View Form 4 on SEC.gov

⚡ = value ≥ $1M · Award/Option price shows — · formType=4 · securityName=Common Stock · url → sec.gov/Archives/edgar

1 / 4

▸ Source: SEC EDGAR · Form 4 filings · ⚡ = value ≥ $1M · Award/Option price shows —

About MORN insider trading

MORN insider trades

Morningstar, Inc. (MORN) insider trading data is sourced from SEC Form 4 filings submitted by corporate insiders, including Mansueto Joseph D (Executive Chairman · Director), Holt Michael (CFO), Kapoor Kunal (CEO · Director). Over the past 12 months, 5 insiders have filed transactions with the SEC. MORN insiders have been primarily selling, which may reflect pre-scheduled Rule 10b5-1 plan executions.

For Morningstar, Inc.'s institutional ownership breakdown and insider ownership percentage, see the Ownership tab → Ownership tab →

Buy/Sell signal logic

acquisitionOrDisposition field:

A = Acquisition (buy) · D = Disposition (sell)

RSU vesting (M-Exempt) excluded from sentiment

Form 4SEC filing required within 2 business days of any insider transaction

10b5-1Pre-scheduled trading plan that allows insiders to sell on autopilot

Open MktDirect purchase or sale on the open market (excludes awards, options)

Ownership SEC filings Financial statements Price history Forecast & ratings Earnings

Frequently asked questions

MORN insider trading · 5 questions

The insiders of Morningstar, Inc. (MORN) include executives and directors such as Mansueto Joseph D (Executive Chairman · Director), Holt Michael (CFO), Kapoor Kunal (CEO · Director), among others. Over the past 12 months, 5 insiders have filed Form 4 transactions with the SEC. Insider transactions are required to be reported within 2 business days of the trade date.

MORN board member insider tradingwho are MORN insidersMORN insider rosterMorningstar, Inc. executives insider activity

▸ Source: FMP /stable/insider-trading/search · SEC EDGAR Form 3 & 4 · acquisitionOrDisposition A=Buy, D=Sell · RSU vesting (M-Exempt) excluded from sentiment bar · As of Jun 9, 2026