Form 4: Morningstar Executive Sells Shares
Insider Transaction (Form 4)
Joseph D Mansueto, Executive Chairman, a Director and 10% owner of Morningstar, Inc., sold 14,500 shares of common stock on August 13, 2026.
Summary
- Open-market sale: disposed of 3,498 Common Stock at $197.06 ($689,332) on August 13, 2026; holds 7,987,948 after (Direct).
- Open-market sale: disposed of 2,936 Common Stock at $197.88 ($580,962) on August 13, 2026; holds 7,985,012 after (Direct).
- Open-market sale: disposed of 430 Common Stock at $198.96 ($85,553) on August 13, 2026; holds 7,984,582 after (Direct).
- Open-market sale: disposed of 26 Common Stock at $199.75 ($5,194) on August 13, 2026; holds 7,984,556 after (Direct).
- Open-market sale: disposed of 52 Common Stock at $202.09 ($10,508) on August 13, 2026; holds 7,984,504 after (Direct).
- Open-market sale: disposed of 78 Common Stock at $203.79 ($15,896) on August 13, 2026; holds 7,984,426 after (Direct).
- Open-market sale: disposed of 52 Common Stock at $205.66 ($10,694) on August 13, 2026; holds 7,984,374 after (Direct).
- Open-market sale: disposed of 178 Common Stock at $206.78 ($36,808) on August 13, 2026; holds 7,984,196 after (Direct).
- Open-market sale: disposed of 3,924 Common Stock at $206.28 ($809,449) on August 14, 2026; holds 7,980,272 after (Direct).
- Open-market sale: disposed of 2,809 Common Stock at $207.33 ($582,387) on August 14, 2026; holds 7,977,463 after (Direct).
- Open-market sale: disposed of 240 Common Stock at $208.45 ($50,028) on August 14, 2026; holds 7,977,223 after (Direct).
- Open-market sale: disposed of 277 Common Stock at $209.38 ($57,999) on August 14, 2026; holds 7,976,946 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,934,808 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Joseph D Mansueto — Director, Officer (Executive Chairman), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-13 | Open-market sale | Common Stock | 3,498 | $197 | $689.3K | 7,987,948 |
| 2026-08-13 | Open-market sale | Common Stock | 2,936 | $198 | $581.0K | 7,985,012 |
| 2026-08-13 | Open-market sale | Common Stock | 430 | $199 | $85.6K | 7,984,582 |
| 2026-08-13 | Open-market sale | Common Stock | 26 | $200 | $5.2K | 7,984,556 |
| 2026-08-13 | Open-market sale | Common Stock | 52 | $202 | $10.5K | 7,984,504 |
| 2026-08-13 | Open-market sale | Common Stock | 78 | $204 | $15.9K | 7,984,426 |
| 2026-08-13 | Open-market sale | Common Stock | 52 | $206 | $10.7K | 7,984,374 |
| 2026-08-13 | Open-market sale | Common Stock | 178 | $207 | $36.8K | 7,984,196 |
| 2026-08-14 | Open-market sale | Common Stock | 3,924 | $206 | $809.4K | 7,980,272 |
| 2026-08-14 | Open-market sale | Common Stock | 2,809 | $207 | $582.4K | 7,977,463 |
| 2026-08-14 | Open-market sale | Common Stock | 240 | $208 | $50.0K | 7,977,223 |
| 2026-08-14 | Open-market sale | Common Stock | 277 | $209 | $58.0K | 7,976,946 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-13 | Open-market sale (3,498 shares) |
| 2026-08-13 | Open-market sale (2,936 shares) |
| 2026-08-13 | Open-market sale (430 shares) |
| 2026-08-13 | Open-market sale (26 shares) |
| 2026-08-13 | Open-market sale (52 shares) |
| 2026-08-13 | Open-market sale (78 shares) |
| 2026-08-13 | Open-market sale (52 shares) |
| 2026-08-13 | Open-market sale (178 shares) |
| 2026-08-14 | Open-market sale (3,924 shares) |
| 2026-08-14 | Open-market sale (2,809 shares) |
| 2026-08-14 | Open-market sale (240 shares) |
| 2026-08-14 | Open-market sale (277 shares) |
Keywords
insider transaction, Form 4, MORN, Morningstar, Inc., bearish, Joseph D Mansueto
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