Morningstar CEO granted stock units, tax shares withheld
Morningstar, Inc. CEO Kunal Kapoor reported routine stock-based compensation and related tax withholding transactions.
Rhea-AI Filing Summary
Morningstar, Inc. CEO Kunal Kapoor reported routine stock-based compensation and related tax withholding transactions. On May 15, 2026, he received 11,359 restricted stock units that fully vest on May 15, 2027, and 1,177 restricted stock units that vest in four equal annual installments beginning May 15, 2027.
Kapoor was also granted 17,039 market stock units tied to Morningstar’s cumulative total shareholder return over a three-year performance period ending May 14, 2029. He exercised 2,108 market stock units into common stock and had 3,699 shares withheld at $166.05 per share to satisfy tax obligations, ending with 154,974 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,108 shares exercised/converted
Exercise
6 txns
Insider
Kapoor Kunal
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Market Stock Units | 2,108 | $0.00 | $0.00 |
| Grant/Award | Market Stock Units | 17,039 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Restricted Stock Units) | 1,177 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Restricted Stock Units) | 11,359 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,108 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,699 | $166.05 | $614K |
Holdings After Transaction:
Market Stock Units — 19,147 contracts (Direct);
Common Stock (Restricted Stock Units) — 152,866 shares (Direct);
Common Stock — 151,275 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units fully vest on May 15, 2027.
- F2. Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in four equal annual installments beginning May 15, 2027.
- F3. Represents common stock earned from the vesting of market stock units granted on May 15, 2023.
- F4. The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending May 14, 2029.
Key Figures
Tax-withheld shares: 3,699 shares at $166.05
Options/units exercised: 2,108 shares
RSU grant (cliff vest): 11,359 units
+3 more
6 metrics
Tax-withheld shares
3,699 shares at $166.05
Shares withheld to cover tax liability on May 15, 2026
Options/units exercised
2,108 shares
Common stock from vesting of market stock units on May 15, 2026
RSU grant (cliff vest)
11,359 units
Restricted stock units fully vesting on May 15, 2027
RSU grant (4-year vest)
1,177 units
Restricted stock units vesting in four equal annual installments from May 15, 2027
Market stock unit grant
17,039 units
Performance-based units tied to TSR through May 14, 2029
Common shares held
154,974 shares
Morningstar common stock directly held after transactions
Key Terms
restricted stock unit, market stock units, tax-withholding disposition, cumulative total shareholder return
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
market stock units financial
"Represents common stock earned from the vesting of market stock units granted on May 15, 2023."
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Morningstar (MORN) CEO Kunal Kapoor report?
Kunal Kapoor reported stock-based compensation and tax-related transactions. He received restricted and market stock unit awards, exercised 2,108 market stock units into common shares, and had 3,699 shares withheld to cover tax obligations, ending with 154,974 common shares held directly.
How many restricted stock units did Morningstar CEO Kunal Kapoor receive?
Kunal Kapoor received two restricted stock unit grants: 11,359 units that fully vest on May 15, 2027, and 1,177 units that vest in four equal annual installments starting May 15, 2027. Each unit represents a right to receive one share of common stock.
What are the terms of Kunal Kapoor’s Morningstar market stock units?
Kapoor was granted 17,039 market stock units. The number of units ultimately earned depends on Morningstar’s cumulative total shareholder return over a three-year performance period ending May 14, 2029. Each earned unit corresponds to one share of Morningstar common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
