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.
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.
Morningstar, Inc. (MORN) reports that Executive Chairman and ten percent owner Joseph D. Mansueto sold an aggregate of 21,750 shares of common stock in 15 open-market transactions on August 17–19, 2026. The sales, executed at weighted-average prices between $206.8431 and $217.0109 per share, were made pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025. Additional shares are held indirectly in grantor retained annuity trusts for his benefit and in trusts for his children.
Morningstar, Inc. Executive Chairman and 10% owner Joseph D. Mansueto reported open-market sales of 14,500 shares of Morningstar common stock over August 13–14, 2026, in 12 separate transactions at weighted-average prices generally between the high $190s and low $200s per share.
All reported sales were made pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025. The filing also notes indirect holdings in grantor retained annuity trusts and other trusts for the benefit of the reporting person and his children.
Baron Capital Group, Inc., BAMCO, Inc., Baron Capital Management, Inc., and Ronald Baron report beneficial ownership of 3,499,146 shares of Morningstar, Inc. common stock, representing 9.2% of the class. The group reports no sole voting or dispositive power, with shared voting power over 3,495,380 shares and shared dispositive power over 3,499,146 shares. The shares are held in advisory client accounts of BAMCO and Baron Capital Management, whose clients have the economic right to dividends and sale proceeds, and, to the filers’ knowledge, no individual client holds more than 5% of the outstanding shares. BAMCO and Baron Capital Management are subsidiaries of Baron Capital Group, which is controlled by Ronald Baron.
Morningstar, Inc. Executive Chairman and more-than-10% owner Joseph D. Mansueto reported open-market sales of Morningstar common stock totaling 15,474 shares over August 10–12, 2026, at weighted average prices between approximately $194.96 and $201.84 per share. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025. Additional shares are held indirectly in grantor retained annuity trusts and other trusts for the benefit of the reporting person and his children.
Morningstar executive chairman and director Joseph D. Mansueto, a more than 10% owner, reported open-market sales totaling 9,522 shares of Common Stock on August 6-7, 2026. The sales occurred in multiple trades at reported weighted average prices and were effected pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025. Some shares associated with him are held indirectly in grantor retained annuity trusts and other trusts for the benefit of his children.
Morningstar, Inc. reports that Daniel Mansueto is a more than 10% owner and has filed an initial statement of beneficial ownership of common stock. The reported positions are indirect holdings "By Trust", including grantor retained annuity trusts for which he serves as voting agent and a separate trust for which he is trustee.
In both cases, Mansueto disclaims beneficial ownership of the securities, and the filing states it shall not be deemed an admission that he is the beneficial owner for Section 16 purposes, except to the extent of any pecuniary interest. The entries reflect holdings rather than reported stock purchases or sales.
Morningstar, Inc. Executive Chairman, director and more-than-10% owner Joseph D. Mansueto reported open-market sales of a total of 21,750 shares of Morningstar common stock over August 3–5, 2026, in multiple transactions with weighted-average prices including $196.7240 and $201.9844 per share. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025. On August 3, 2026, he also made a bona fide gift of 5,300 shares of common stock. Additional Morningstar shares are held indirectly in grantor retained annuity trusts and other trusts for the benefit of the reporting person and his children.
Morningstar, Inc. large shareholder Joseph D. Mansueto filed an amended Schedule 13G reporting his ownership of the company’s common stock. He reports beneficial ownership of 14,709,759 shares of Morningstar common stock, representing 39.2% of the outstanding class.
Mansueto reports sole voting power over 10,634,691 shares and shared voting power over 394,272 shares. He also reports sole dispositive power over 14,315,487 shares and shared dispositive power over 394,272 shares, reflecting both individually and jointly controlled holdings.
Morningstar, Inc. director William M. Lyons reported selling 1,000 shares of common stock on 2026-08-03 at $199.00 per share, in a transaction described as a sale in the open market or a private transaction. After this sale, he directly owns 12,904 shares of Morningstar common stock.