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 |
|---|---|---|---|---|---|---|---|
| Mansueto Joseph D | Chairman & CEO | Sale | 500 | $37.86 | $18,930 | 29,966,428 | Jun 19, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Sale | 100 | $37.71 | $3,771 | 18,082 | Jun 19, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Sale | 192 | $38.18 | $7,331 | 13,648 | Jun 19, 2006 |
| Mansueto Joseph D | Chairman & CEO | Sale | 8 | $38.20 | $306 | 29,974,528 | Jun 16, 2006 |
| Mansueto Joseph D | Chairman & CEO | Sale | 100 | $38.87 | $3,887 | 29,992,904 | Jun 15, 2006 |
| Mansueto Joseph D | Chairman & CEO | Sale | 600 | $38.97 | $23,382 | 29,980,400 | Jun 15, 2006 |
| Mansueto Joseph D | Chairman & CEO | Sale | 700 | $39.15 | $27,405 | 29,996,150 | Jun 14, 2006 |
| Kaplan Steven N | — | Sale | 7 | $39.23 | $275 | 3,063 | Jun 14, 2006 |
| Phillips Donald James II | Managing Director | Option Exercise | 12,138 | $2.00 | $24,276 | 199,257 | Jun 14, 2006 |
| Kaplan Steven N | — | Sale | 200 | $38.58 | $7,716 | 6,873 | Jun 14, 2006 |
| Kaplan Steven N | — | Option Exercise | 7,000 | $2.00 | $14,000 | 16,473 | Jun 14, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Option Exercise | 1,678 | $2.00 | $3,356 | 13,201 | Jun 13, 2006 |
| Phillips Donald James II | Managing Director | Sale | 375 | $41.50 | $15,563 | 190,658 | Jun 12, 2006 |
| Phillips Donald James II | Managing Director | Sale | 471 | $41.05 | $19,335 | 195,649 | Jun 12, 2006 |
| Boruff Christopher P | President, Advisor Business | Sale | 74 | $42.20 | $3,123 | 8,426 | Jun 12, 2006 |
| Boruff Christopher P | President, Advisor Business | Sale | 313 | $41.37 | $12,949 | 14,514 | Jun 12, 2006 |
| Boruff Christopher P | President, Advisor Business | Sale | 35 | $41.08 | $1,438 | 15,463 | Jun 12, 2006 |
| Boruff Christopher P | President, Advisor Business | Sale | 100 | $41.39 | $4,139 | 22,293 | Jun 12, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Sale | 23 | $42.02 | $966 | 11,906 | Jun 12, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Sale | 189 | $41.00 | $7,749 | 17,015 | Jun 12, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Sale | 62 | $43.02 | $2,667 | 14,080 | Jun 9, 2006 |
| Williams David W | Managing Director, Design | Sale | 92 | $43.51 | $4,003 | 10,681 | Jun 9, 2006 |
| Williams David W | Managing Director, Design | Sale | 30 | $43.16 | $1,295 | 11,162 | Jun 9, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Sale | 69 | $43.70 | $3,015 | 11,943 | Jun 9, 2006 |
| Desmond Bevin | President, Int'l Business | Option Exercise | 594 | $2.00 | $1,188 | 13,583 | May 31, 2006 |
| Boruff Christopher P | President, Advisor Business | Option Exercise | 3,333 | $2.00 | $6,666 | 8,426 | May 22, 2006 |
| Sturm Paul W | — | Sale | 200 | $45.94 | $9,188 | 236,622 | May 22, 2006 |
| Odelbo Catherine Gillis | President, Individual Business | Option Exercise | 3,807 | $2.00 | $7,614 | 8,900 | May 19, 2006 |
| Sturm Paul W | — | Gift | 18,000 | — | — | 242,473 | May 18, 2006 |
| Williams David W | Managing Director, Design | Sale | 3,525 | $46.00 | $162,150 | 10,129 | May 17, 2006 |
| Williams David W | Managing Director, Design | Sale | 7,500 | $45.75 | $343,125 | 10,129 | May 16, 2006 |
| NOONAN JACK | — | Award / Grant | 2,473 | — | — | 2,473 | May 15, 2006 |
| Sturm Paul W | — | Award / Grant | 2,473 | — | — | 260,473 | May 15, 2006 |
| Kaplan Steven N | — | Award / Grant | 2,473 | — | — | 2,473 | May 15, 2006 |
| Odelbo Catherine Gillis | President, Equity Research | Sale | 31,842 | $45.45 | $1,447,219 | 182,683 | May 15, 2006 |
| FRANCIS CHERYL A | — | Award / Grant | 2,473 | — | — | 2,473 | May 15, 2006 |
| Rekenthaler John A | VP, Research & New Prod. Dev. | Award / Grant | 3,055 | — | — | 3,055 | May 15, 2006 |
| Odelbo Catherine Gillis | President, Individual Business | Award / Grant | 5,093 | — | — | 5,093 | May 15, 2006 |
| Lutschaunig Arthur J | Pres. & CIO, MIS | Award / Grant | 5,093 | — | — | 5,093 | May 15, 2006 |
| Desmond Bevin | President, Int'l Business | Award / Grant | 5,093 | — | — | 12,989 | May 15, 2006 |
| Kirscher Elizabeth | Pres., Data Services Business | Award / Grant | 5,093 | — | — | 7,093 | May 15, 2006 |
| Boruff Christopher P | President, Advisor Business | Award / Grant | 5,093 | — | — | 5,093 | May 15, 2006 |
| Reinkemeyer Patrick J | President, Morningstar Assocs. | Award / Grant | 7,130 | — | — | 18,798 | May 15, 2006 |
| Robbins Richard E | General Counsel and Secretary | Award / Grant | 6,111 | — | — | 6,111 | May 15, 2006 |
| Phillips Donald James II | Managing Director | Award / Grant | 8,149 | — | — | 187,119 | May 15, 2006 |
| Huang Tao | Chief Operating Officer | Award / Grant | 12,223 | — | — | 40,880 | May 15, 2006 |
| Armour Timothy K | Managing Director | Award / Grant | 5,093 | — | — | 155,093 | May 15, 2006 |
| Williams David W | Managing Director, Design | Award / Grant | 5,093 | — | — | 10,129 | May 15, 2006 |
| Boudos Martha Dustin | Chief Financial Officer | Award / Grant | 8,149 | — | — | 11,523 | May 15, 2006 |
| Williams David W | Managing Director, Design | Option Exercise | 20,000 | $14.13 | $282,600 | 30,129 | May 15, 2006 |