Form 4: Morningstar Executive Sells Shares
Insider Transaction (Form 4)
Joseph D Mansueto, Executive Chairman, a Director and 10% owner of Morningstar, Inc., sold 21,750 shares of common stock on August 17, 2026.
Summary
- Open-market sale: disposed of 5,749 Common Stock at $206.84 ($1,189,141) on August 17, 2026; holds 7,971,197 after (Direct).
- Open-market sale: disposed of 1,501 Common Stock at $207.81 ($311,927) on August 17, 2026; holds 7,969,696 after (Direct).
- Open-market sale: disposed of 913 Common Stock at $208.13 ($190,022) on August 18, 2026; holds 7,968,783 after (Direct).
- Open-market sale: disposed of 1,935 Common Stock at $209.48 ($405,346) on August 18, 2026; holds 7,966,848 after (Direct).
- Open-market sale: disposed of 2,708 Common Stock at $210.32 ($569,546) on August 18, 2026; holds 7,964,140 after (Direct).
- Open-market sale: disposed of 1,588 Common Stock at $211.26 ($335,481) on August 18, 2026; holds 7,962,552 after (Direct).
- Open-market sale: disposed of 106 Common Stock at $212.20 ($22,494) on August 18, 2026; holds 7,962,446 after (Direct).
- Open-market sale: disposed of 114 Common Stock at $208.21 ($23,736) on August 19, 2026; holds 7,962,332 after (Direct).
- Open-market sale: disposed of 680 Common Stock at $210.24 ($142,966) on August 19, 2026; holds 7,961,652 after (Direct).
- Open-market sale: disposed of 426 Common Stock at $211.52 ($90,108) on August 19, 2026; holds 7,961,226 after (Direct).
- Open-market sale: disposed of 656 Common Stock at $212.53 ($139,422) on August 18, 2026; holds 7,960,570 after (Direct).
- Open-market sale: disposed of 3,031 Common Stock at $213.96 ($648,512) on August 19, 2026; holds 7,957,539 after (Direct).
- Open-market sale: disposed of 1,785 Common Stock at $214.81 ($383,438) on August 19, 2026; holds 7,955,754 after (Direct).
- Open-market sale: disposed of 369 Common Stock at $215.93 ($79,677) on August 19, 2026; holds 7,955,385 after (Direct).
- Open-market sale: disposed of 189 Common Stock at $217.01 ($41,015) on August 19, 2026; holds 7,955,196 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $4,572,830 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 |
|---|---|---|---|---|---|---|
| 2026-08-17 | Open-market sale | Common Stock | 5,749 | $207 | $1.2M | 7,971,197 |
| 2026-08-17 | Open-market sale | Common Stock | 1,501 | $208 | $311.9K | 7,969,696 |
| 2026-08-18 | Open-market sale | Common Stock | 913 | $208 | $190.0K | 7,968,783 |
| 2026-08-18 | Open-market sale | Common Stock | 1,935 | $209 | $405.3K | 7,966,848 |
| 2026-08-18 | Open-market sale | Common Stock | 2,708 | $210 | $569.5K | 7,964,140 |
| 2026-08-18 | Open-market sale | Common Stock | 1,588 | $211 | $335.5K | 7,962,552 |
| 2026-08-18 | Open-market sale | Common Stock | 106 | $212 | $22.5K | 7,962,446 |
| 2026-08-19 | Open-market sale | Common Stock | 114 | $208 | $23.7K | 7,962,332 |
| 2026-08-19 | Open-market sale | Common Stock | 680 | $210 | $143.0K | 7,961,652 |
| 2026-08-19 | Open-market sale | Common Stock | 426 | $212 | $90.1K | 7,961,226 |
| 2026-08-18 | Open-market sale | Common Stock | 656 | $213 | $139.4K | 7,960,570 |
| 2026-08-19 | Open-market sale | Common Stock | 3,031 | $214 | $648.5K | 7,957,539 |
| 2026-08-19 | Open-market sale | Common Stock | 1,785 | $215 | $383.4K | 7,955,754 |
| 2026-08-19 | Open-market sale | Common Stock | 369 | $216 | $79.7K | 7,955,385 |
| 2026-08-19 | Open-market sale | Common Stock | 189 | $217 | $41.0K | 7,955,196 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Open-market sale (5,749 shares) |
| 2026-08-17 | Open-market sale (1,501 shares) |
| 2026-08-18 | Open-market sale (913 shares) |
| 2026-08-18 | Open-market sale (1,935 shares) |
| 2026-08-18 | Open-market sale (2,708 shares) |
| 2026-08-18 | Open-market sale (1,588 shares) |
| 2026-08-18 | Open-market sale (106 shares) |
| 2026-08-19 | Open-market sale (114 shares) |
| 2026-08-19 | Open-market sale (680 shares) |
| 2026-08-19 | Open-market sale (426 shares) |
| 2026-08-18 | Open-market sale (656 shares) |
| 2026-08-19 | Open-market sale (3,031 shares) |
| 2026-08-19 | Open-market sale (1,785 shares) |
| 2026-08-19 | Open-market sale (369 shares) |
| 2026-08-19 | Open-market sale (189 shares) |
Keywords
insider transaction, Form 4, MORN, Morningstar, Inc., bearish, Joseph D Mansueto
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