Form 4: Morningstar Executive Sells Shares
Insider Transaction (Form 4)
Joseph D Mansueto, Executive Chairman, a Director and 10% owner of Morningstar, Inc., sold 11,345 shares of common stock on August 20, 2026.
Summary
- Open-market sale: disposed of 3,157 Common Stock at $212.87 ($672,019) on August 20, 2026; holds 7,952,039 after (Direct).
- Open-market sale: disposed of 1,359 Common Stock at $214.16 ($291,050) on August 20, 2026; holds 7,950,680 after (Direct).
- Open-market sale: disposed of 1,938 Common Stock at $215.18 ($417,009) on August 20, 2026; holds 7,948,742 after (Direct).
- Open-market sale: disposed of 295 Common Stock at $216.16 ($63,767) on August 20, 2026; holds 7,948,447 after (Direct).
- Open-market sale: disposed of 501 Common Stock at $217.13 ($108,784) on August 20, 2026; holds 7,947,946 after (Direct).
- Open-market sale: disposed of 3,827 Common Stock at $216.70 ($829,301) on August 21, 2026; holds 7,944,119 after (Direct).
- Open-market sale: disposed of 268 Common Stock at $217.57 ($58,308) on August 21, 2026; holds 7,943,851 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,440,238 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 |
|---|---|---|---|---|---|---|
| 2026-08-20 | Open-market sale | Common Stock | 3,157 | $213 | $672.0K | 7,952,039 |
| 2026-08-20 | Open-market sale | Common Stock | 1,359 | $214 | $291.1K | 7,950,680 |
| 2026-08-20 | Open-market sale | Common Stock | 1,938 | $215 | $417.0K | 7,948,742 |
| 2026-08-20 | Open-market sale | Common Stock | 295 | $216 | $63.8K | 7,948,447 |
| 2026-08-20 | Open-market sale | Common Stock | 501 | $217 | $108.8K | 7,947,946 |
| 2026-08-21 | Open-market sale | Common Stock | 3,827 | $217 | $829.3K | 7,944,119 |
| 2026-08-21 | Open-market sale | Common Stock | 268 | $218 | $58.3K | 7,943,851 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-20 | Open-market sale (3,157 shares) |
| 2026-08-20 | Open-market sale (1,359 shares) |
| 2026-08-20 | Open-market sale (1,938 shares) |
| 2026-08-20 | Open-market sale (295 shares) |
| 2026-08-20 | Open-market sale (501 shares) |
| 2026-08-21 | Open-market sale (3,827 shares) |
| 2026-08-21 | Open-market sale (268 shares) |
Keywords
insider transaction, Form 4, MORN, Morningstar, Inc., bearish, Joseph D Mansueto
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