Morningstar, Inc.·4

Nov 18, 6:07 PM ET

Kapoor Kunal 4

4 · Morningstar, Inc. · Filed Nov 18, 2025

Insider Transaction Report

Form 4
Period: 2025-11-15
Kapoor Kunal
Head of Individual Software
Transactions
  • Award

    Market Stock Units

    2025-11-15+10,81010,810 total
    Exp: 2028-11-14Common Stock (10,810 underlying)
  • Exercise/Conversion

    Market Stock Units

    2025-11-151,8610 total
    Exp: 2025-11-15Common Stock (1,861 underlying)
  • Tax Payment

    Common Stock

    2025-11-15$211.95/sh826$175,071140,330 total
  • Exercise/Conversion

    Common Stock

    2025-11-15+1,861141,156 total
Footnotes (3)
  • [F1]Represents common stock earned from the vesting of a market stock unit grant on November 15, 2022.
  • [F2]Amount includes 1237 restricted stock units that vest in full on May 15, 2026 that were excluded from the prior filing due to administrative error.
  • [F3]The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending November 14, 2028.

Documents

1 file
  • 4
    wk-form4_1763507240.xmlPrimary

    FORM 4