Morningstar, Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| FRANCIS CHERYL A | — | Award / Grant | 868 | — | — | 34,531 | May 15, 2023 |
| TSAY CAROLINE J | — | Sale | 651 | $191.32 | $124,549 | 3,576 | May 15, 2023 |
| Lyons William M | — | Award / Grant | 868 | — | — | 16,701 | May 15, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 227 | $183.60 | $41,677 | 11,474,149 | Mar 21, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 503 | $185.35 | $93,231 | 11,482,324 | Mar 20, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 1,027 | $188.80 | $193,898 | 11,482,829 | Mar 16, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 60 | $186.74 | $11,204 | 11,508,851 | Mar 14, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 140 | $200.56 | $28,078 | 11,508,911 | Mar 9, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 320 | $209.27 | $66,966 | 11,522,693 | Mar 8, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,978 | $212.56 | $633,004 | 11,526,135 | Mar 6, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 3,840 | $207.68 | $797,491 | 11,555,821 | Mar 2, 2023 |
| Dunn Daniel Joseph | Chief Revenue Officer | Award / Grant | 249 | — | — | 12,654 | Mar 1, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 5,954 | $207.24 | $1,233,907 | 11,576,745 | Feb 28, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 761 | $233.62 | $177,785 | 11,599,876 | Feb 23, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 420 | $233.89 | $98,234 | 11,604,954 | Feb 22, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,514 | $236.71 | $595,089 | 11,616,278 | Feb 17, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 182 | $239.58 | $43,604 | 11,618,792 | Feb 15, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 3,726 | $236.44 | $880,975 | 11,635,512 | Feb 13, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 1,448 | $244.40 | $353,891 | 11,640,617 | Feb 9, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 397 | $245.65 | $97,523 | 11,644,045 | Feb 7, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 545 | $254.28 | $138,583 | 11,657,383 | Feb 2, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 288 | $216.03 | $62,217 | 11,670,796 | Jan 3, 2023 |
| Mansueto Joseph D | Executive Chairman | Sale | 3,355 | $218.64 | $733,537 | 11,673,719 | Dec 29, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,900 | $211.86 | $614,394 | 11,682,904 | Dec 27, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 120 | $215.51 | $25,861 | 11,690,161 | Dec 23, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 529 | $215.07 | $113,772 | 11,691,567 | Dec 21, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,260 | $213.31 | $482,081 | 11,712,970 | Dec 20, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 960 | $239.20 | $229,632 | 11,731,450 | Dec 13, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 946 | $235.86 | $223,124 | 11,742,295 | Dec 12, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 240 | $236.03 | $56,647 | 11,811,258 | Dec 7, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 120 | $239.94 | $28,793 | 11,811,958 | Dec 6, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 20 | $251.00 | $5,020 | 12,412,078 | Dec 1, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 560 | $239.64 | $134,198 | 12,430,446 | Nov 29, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 3,159 | $246.05 | $777,272 | 12,435,999 | Nov 25, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 1,792 | $245.28 | $439,542 | 12,442,919 | Nov 23, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,544 | $242.30 | $616,411 | 12,446,018 | Nov 21, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 20 | $242.45 | $4,849 | 12,462,669 | Nov 18, 2022 |
| TSAY CAROLINE J | — | Other | 2,049 | — | — | 3,483 | Nov 17, 2022 |
| Desmond Bevin | Chief Talent & Culture Officer | Tax Withholding | 541 | $241.30 | $130,543 | 24,774 | Nov 17, 2022 |
| Kapoor Kunal | CEO | Award / Grant | 3,453 | — | — | 120,652 | Nov 17, 2022 |
| Dunn Daniel Joseph | Chief Revenue Officer | Award / Grant | 420 | — | — | 12,878 | Nov 17, 2022 |
| DUBINSKY JASON | Chief Financial Officer | Tax Withholding | 946 | $241.30 | $228,270 | 18,475 | Nov 17, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,617 | $243.96 | $638,443 | 12,474,425 | Nov 15, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 1,061 | $244.93 | $259,871 | 12,479,519 | Nov 11, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,876 | $241.43 | $694,353 | 12,495,533 | Nov 10, 2022 |
| Desmond Bevin | Chief Talent & Culture Officer | Sale | 294 | $242.95 | $71,427 | 11,207 | Nov 10, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 2,748 | $235.54 | $647,264 | 12,501,964 | Nov 7, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 4,041 | $229.91 | $929,066 | 12,519,164 | Nov 4, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 98 | $217.12 | $21,278 | 12,223,251 | Sep 30, 2022 |
| Mansueto Joseph D | Executive Chairman | Sale | 3,685 | $214.96 | $792,128 | 12,230,024 | Sep 29, 2022 |