Morningstar: 10% owner Daniel Mansueto sold 657,779 shares

What happened The Form 4 filed Oct 2, 2026 reports that Daniel Mansueto, a 10% owner, disposed of 657,779 shares of Morningstar on Sep 30, 2026. The filing shows a price of $0.00 per share and a total amount of $0.

Key details

• Transaction date and price: Sep 30, 2026 — other disposition (code J) of 657,779 shares at $0.00 per share; total $0.
• Shares owned after the transaction: not reported on the Form 4.
• Relevant footnotes:
  • F1: The trustee of a grantor retained annuity trust for which Mansueto serves as the voting agent made a scheduled annuity distribution of 657,779 shares to the grantor to satisfy an annuity payment.
  • F2: Shares are held in grantor retained annuity trusts for which Mansueto serves as voting agent; he disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F3: Some shares are held in a trust for which Mansueto serves as trustee; he disclaims beneficial ownership.
• Form 4 filed Oct 2, 2026 (transaction reported for period Sep 30, 2026).

Why it may matter

• The transfer reported was a scheduled annuity distribution from trusts, not a market sale of shares.
• Mansueto is reported as a 10% owner, indicating a large holder position.
• The filing does not show why the insider traded or why the company acted.