Trade Summary

Yesterday, Lyons William M, serving as Dir at Morningstar, Inc. (MORN), sold 700 shares at $179.00 per share, for a total transaction value of $125,300.00. Following this transaction, Lyons William M now holds 13,904 shares of MORN.

This sale represents a 4.79% decrease in Lyons William M's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, May 27, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, May 27, 2026 at 4:40 PM ET, meaning the disclosure happened on the same day as the trade.

Morningstar, Inc. operates in the FINANCIAL SERVICES sector, specifically within the FINANCIAL DATA & STOCK EXCHANGES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.