Welcome to our dedicated page for Morningstar SEC filings (Ticker: MORN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
Diamonte Robin reported acquisition or exercise transactions in this Form 4 filing.
Morningstar, Inc. director Robin Diamonte reported receiving a grant of 1,144 restricted stock units of Morningstar common stock. Each unit represents a contingent right to receive one share of common stock. The restricted stock units vest in three equal annual installments beginning on May 15, 2027. Following this award, Diamonte directly holds 11,338 shares of Morningstar common stock, reflecting a routine equity-based compensation grant rather than an open-market transaction.
FRANCIS CHERYL A reported acquisition or exercise transactions in this Form 4 filing.
Morningstar, Inc. director Cheryl A. Francis received a grant of 1,144 restricted stock units of common stock on May 15, 2026 as equity compensation. Each unit represents a contingent right to one share, vesting in three equal annual installments beginning May 15, 2027. After this award, she directly holds 36,934 shares.
Lyons William M reported acquisition or exercise transactions in this Form 4 filing.
Morningstar, Inc. director William M. Lyons received an award of 1,144 restricted stock units of common stock on May 15, 2026. Each unit represents a right to receive one share of Morningstar common stock.
The restricted stock units vest in three equal annual installments beginning May 15, 2027. After this grant, Lyons directly owns 14,604 shares of Morningstar common stock.
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.
Morningstar, Inc. Chief Financial Officer Michael Holt reported several equity transactions in common stock and stock-based awards. He sold 270 shares of common stock in an open-market transaction at $166.05 per share and now directly owns 12,325.949 common shares.
Holt exercised 243 market stock units into common stock and received compensation-related grants of 2,860 restricted stock units and 4,290 market stock units. The restricted stock units vest in four equal annual installments beginning on May 15, 2027, while the market stock units earned will be based on Morningstar’s cumulative total shareholder return over a three-year performance period ending May 14, 2029.
Morningstar, Inc. CAO & PAO Conan Wiersema reported routine equity compensation and related tax withholding. He received 903 restricted stock units and 451 market stock units on May 15, 2026, plus 13 common shares from vested market stock units. 105 shares were withheld at $166.05 per share for taxes, leaving 3,202 common shares directly owned.
Morningstar, Inc. Executive Chairman and major shareholder Joseph D. Mansueto reported open-market sales of a total of 14,500 shares of Morningstar common stock on May 14–15, 2026. The trades were executed at weighted average prices ranging from about $165.60 to $171.47 per share.
These sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 19, 2025. Following the reported transactions, Mansueto directly holds 8,074,240 Morningstar shares and has additional indirect holdings through trusts totaling 150,000 shares in grantor retained annuity trusts and 6,277,675 shares in trusts for his children.
Morningstar, Inc. Executive Chairman and 10% owner Joseph D. Mansueto reported open‑market sales of a total of 18,502 shares of Morningstar common stock on May 8, 11 and 12, 2026, at prices around $176–$178 per share, under a pre‑arranged Rule 10b5‑1 trading plan.
Morningstar, Inc. reported the results of its Annual Shareholders’ Meeting held on May 7, 2026. Director Gail Landis, who reached the mandatory retirement age under the company’s director retirement policy, did not stand for re-election, and the Board size was set at 10 directors.
All director nominees listed in the proxy were elected, including Joe Mansueto with 33,192,034 votes for and Kunal Kapoor with 33,502,488 votes for. Shareholders approved Morningstar’s executive compensation on an advisory basis with 32,474,755 votes for and ratified KPMG LLP as independent registered public accounting firm for 2026 with 34,861,651 votes for.