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. 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.
Morningstar, Inc. executive chairman Joseph D. Mansueto reported open-market sales of 21,750 shares of Morningstar common stock. The sales occurred over May 5–7, 2026 at prices generally between about $166 and $180 per share. These transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 19, 2025. After the direct sales, he continues to hold about 8.1 million shares directly, plus additional indirect holdings through grantor retained annuity trusts and trusts for his children.
Morningstar, Inc. executive chairman Joseph Mansueto reported planned stock sales. On May 1 and May 4, 2026, he sold a total of 14,500 shares of Morningstar common stock in open-market transactions under a pre-arranged Rule 10b5-1 trading plan adopted on November 19, 2025.
The sales were executed at weighted average prices around $169–$174 per share. After these transactions, Mansueto continues to hold 8,128,992 Morningstar shares directly, plus additional indirect holdings through grantor retained annuity trusts for himself and his children.
Morningstar, Inc. reported multiple Form 144 sales by Joseph D. Mansueto of Class A/Common shares, listing specific sell transactions and proceeds on various dates in February–March 2026. The entries show repeated blocks of 7,250 shares sold on several dates with proceeds listed in the filing.