Morningstar Inc
For the period ended Jun 30, 2024. Filed Jul 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 26, 2024
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Item 5. Other Information
Trading Arrangements
During the three months ended June 30, 2024, none of the company’s officers (as defined in Section 16 of the Exchange Act) and directors adopted or terminated contracts, instructions, or written plans for the purchase or sale of the company’s securities.
Other 10b5-1 Plan Information
The following table, which we are providing on a voluntary basis, shows the Rule 10b5-1 sales plans entered into by our directors and officers (as defined in Section 16 of the Exchange Act) that were in effect as of July 12, 2024:
| Name and Position | Date of Plan | Plan Termination Date | Plan Duration | Number of Shares to be Sold under the Plan | Timing of Sales under the Plan | Number of Shares Sold under the Plan through July 12, 2024 | Projected Beneficial Ownership (1) |
|---|---|---|---|---|---|---|---|
| Joe MansuetoExecutive Chairman | 11/17/2023 | 4/30/2025 | 05/01/2024 to 04/30/2025 | 500,000 | Shares to be sold under the plan if the stock reaches specified prices | 125,000 | 15,304,659 |
| Steven KaplanDirector | 8/3/2023 | 11/11/2024 | 03/11/2024 to 11/11/2024 | 5,000 | Shares to be sold under the plan at market price | 2,500 | 39,871 |
| Jason Dubinsky Chief Financial Officer | 3/15/2024 | 12/31/2024 | 06/18/2024 to 12/31/2024 (2) | 3,400 | Shares to be sold under the plan if the stock reaches specified prices | 3,400 | 16,076 |
| William Lyons Director | 3/5/2024 | 11/30/2024 | 06/04/2024 to 11/30/2024 | 4,500 | Shares to be sold under the plan if the stock reaches specified prices | 1,500 | 11,395 |
(1) This column reflects an estimate of the number of shares each identified director and executive officer will beneficially own following the sale of all shares under the Rule 10b5-1 sales plan. This information reflects the beneficial ownership of our common stock on July 12, 2024 and includes RSUs that will vest by September 10, 2024. The estimates do not reflect any changes to beneficial ownership that may have occurred since July 12, 2024. Each director and executive officer identified in the table may amend or terminate his or her Rule 10b5-1 sales plan and may adopt additional Rule 10b5-1 plans in the future.
(2) All transactions under this plan were completed on July 2, 2024.
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