BRAMMAN ANNE L 4
4 · Morningstar, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Morningstar (MORN) Director Anne L. Bramman Receives 1,505 RSUs
What Happened
Anne L. Bramman, a director of Morningstar, Inc. (MORN), was granted 1,505 restricted stock units (RSUs) on May 15, 2026. The RSUs were reported at $0.00 per unit (standard for equity awards) and represent a contingent right to receive shares of Morningstar common stock when the RSUs vest. This is an equity award (compensation), not a purchase or sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed 4 days after the transaction; Form 4s are typically due within 2 business days — this may be a late filing).
- Grant: 1,505 RSUs; reported price $0.00 (award).
- Shares owned after transaction: Not specified in this filing.
- Footnote: Each RSU converts to one share upon vesting; the RSUs vest in three equal annual installments beginning May 15, 2027.
- Transaction type: A = Award/Grant.
Context
RSU grants are a form of compensation and indicate the company is awarding equity to a director; they do not reflect an immediate cash purchase or sale. Vesting occurs over time (here, annually over three years), so the economic interest is contingent on future vesting events.
Insider Transaction Report
- Award
Common Stock (Restricted Stock Units)
[F1]2026-05-15+1,505→ 1,505 total
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual installments beginning May 15, 2027.