Morningstar, Inc.'s SEC filings document formal disclosures for a public investment-research, data, ratings, indexes, and advisory-services company. Recent 8-K reports cover operating results, supplemental presentations, shareholder letters, Regulation FD investor Q&A materials, quarterly dividend declarations, and other material-event reporting.
Proxy and annual meeting filings document board composition, director elections, advisory executive-compensation votes, auditor ratification, and related governance matters. The company's filings also discuss capital-structure items, material agreements, and risk factors tied to brand independence, cybersecurity, data and information liability, artificial intelligence, strategic transactions, indebtedness, regulatory conditions, and business continuity.
Mansueto Daniel reported disposition transactions in this Form 4 filing. A grantor retained annuity trust for which Morningstar, Inc. ten percent owner Daniel Mansueto serves as voting agent made a scheduled annuity distribution of 657,779 common shares to the trust’s grantor on September 30, 2026, satisfying an annuity payment obligation under the trust’s terms. Mansueto disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest.
For Morningstar, Inc., Daniel Mansueto, a ten percent owner, reported indirect common-stock holdings through two trusts on September 22, 2026. He serves as voting agent for the grantor retained annuity trusts and as trustee for the other trust. He disclaims beneficial ownership of the grantor retained annuity trust shares except to the extent of his pecuniary interest, and disclaims beneficial ownership of the other trust’s shares.
Morningstar, Inc. said it evaluates opportunities to build, partner or acquire but does not comment on potential transactions. Its capital-allocation priorities remain preserving a strong balance sheet, investing in organic growth, pursuing acquisitions when they can create long-term shareholder value, growing dividends over time and repurchasing shares opportunistically. The company said its Nominating and Corporate Governance Committee regularly reviews Board composition and skills, and that five directors have joined since 2017. Director Anne Bramman joined in early 2026; Director Gail Landis did not stand for re-election at the 2026 annual meeting after 13 years of Board service.
Morningstar, Inc. (MORN) announced that its board of directors has declared a quarterly cash dividend of $0.50 per share, consistent with the prior dividend. The dividend will be payable on October 30, 2026 to shareholders of record as of October 2, 2026.
Morningstar describes itself as a leading provider of independent investment insights with approximately $375 billion in assets under management and advisement as of June 30, 2026, operating through wholly owned subsidiaries in 32 countries.
Morningstar, Inc. (MORN) reported that its Chief Accounting Officer and Principal Accounting Officer, Conan Wiersema, had 29 shares of common stock withheld on September 1, 2026 to pay tax liabilities arising from the vesting of a restricted stock unit grant made on March 1, 2025. The shares were valued at $218.94 per share for this tax-withholding transaction, and Wiersema now holds 3,068 Morningstar common shares directly. No transactions were reported as being made under a Rule 10b5-1 trading plan.
Morningstar, Inc. (MORN) reported that its Chief Financial Officer, Michael Holt, had 54 shares of common stock withheld on September 1, 2026 to satisfy tax liabilities upon the vesting of a restricted stock unit grant made on March 1, 2025. This was a share disposition for tax withholding, not an open-market sale, and left Holt with 12,271.949 shares of Morningstar common stock held directly. No Rule 10b5-1 trading plan is reported in connection with this transaction.
Morningstar, Inc. (symbol: MORN) is the issuer of record for a Form 4 filing submitted to the SEC.
Morningstar, Inc. (MORN) furnished an investor Q&A addressing strategy, AI, pricing, capital allocation, and segment trends. Management explains how Model Context Protocol (MCP) connectors and AI-native tools are being integrated into platforms like Morningstar Direct and PitchBook, while preserving licensing relationships and exploring value- and consumption-based pricing models alongside traditional seat-based licenses.
The Q&A notes modest year-over-year compression in adjusted operating income margins in Q2 2026 for Direct Platform (45.2% vs. 46.0%) and PitchBook (30.3% vs. 31.7%) driven by ongoing investment, and details product sunsetting headwinds, including a $5.8 million negative organic revenue impact in Morningstar Wealth and $1.7 million in Morningstar Sustainalytics. Morningstar highlights continued AI and data investments, a capital allocation focus that has reduced shares outstanding by 5.6% year-to-date through June 2026, and more than 600 credit rating analysts and support staff in Morningstar Credit. Management reiterates its long-term focus on balancing platform, data, and connector monetization and assessing reportable segment structure under ASC 280.
Morningstar, Inc. (MORN) reported that insider Joseph D. Mansueto, Executive Chairman and ten percent owner, sold a total of 5,659 shares of common stock on August 24, 2026. The shares were sold in multiple open-market transactions at weighted-average prices between approximately $216 and $221 per share under a Rule 10b5-1 trading plan adopted on November 19, 2025.
Morningstar, Inc. (MORN) reported that Executive Chairman and ten percent owner Joseph D. Mansueto sold 11,345 shares of common stock in the open market on August 20–21, 2026, across seven transactions at weighted average prices between $212.8663 and $217.5665. These sales were made pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025. Additional shares are held indirectly in various trusts for the benefit of Mansueto and his children.