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Morningstar, Inc. Director's Dealing 2021

May 26, 2021

30609_dirs_2021-05-26_4f0f9ae3-23f1-408c-bcac-7092eada57e5.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: Morningstar, Inc. (MORN)
CIK: 0001289419
Period of Report: 2021-05-15

Reporting Person: Desmond Bevin (Head of Talent and Culture)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-18 Common Stock M 901 Acquired 25816 Direct
2021-05-18 Common Stock A 450 Acquired 26266 Direct
2021-05-15 Common Stock F 1129 $245.02 Disposed 25137 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 21107 Indirect

Footnotes

F1: Due to adminstrative error, this Form 4 is being amended to correct the transaction date to May 18, 2021.

F2: Due to adminstrative error, this Form 4 is being amended to correct the transaction date to May 15, 2021.

F3: Represents common stock earned from the vesting of a market stock unit grant on May 15, 2018.

F4: Represents additional common stock earned from achievement of cumulative total shareholder return for the three year perfomance period ending May 14, 2021 in excess of target under the terms of a market stock unit grant on May 15, 2018.

F5: Due to adminstrative error, this Form 4 is being amended to correct the amount of shares benefically owned by the reporting persons's spouse from 21,207 to 21,107.