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SEC EDGAR · Forms 3/4/5Updated through Oct 30, 2026•67 filings

MORN

Morningstar, Inc.

Net sales of $20.7M over the last 3 months

2 sellers account for the net balance. There is no cluster of three distinct buyers within 30 days. We found 1 CEO/CFO purchases over 12 months.

How to read this signal

Only open-market P purchases and S sales count toward the signal. Vesting, options, taxes and gifts remain in the source data but do not trigger alerts. Rule 10b5-1 trades are shown as informational.

JSON example

3-month balance

−$20,706,935

0 buyers · 2 sellers

12-month purchases

$186,590

1 distinct insiders

12-month sales

$76,256,192

4 distinct insiders

Highlighted alerts

3

97 Rule 10b5-1 trades treated as informational

Buying cluster · 30 days

Fewer than three distinct buyers

CEO/CFO purchases · 12 months

1 executive purchases found

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Form 4 raw → Raspberry

The value is in what we do not call a signal.

The SEC XML stores every transaction. Raspberry keeps that evidence, reads the footnotes and separates voluntary open-market activity from vesting, option exercises, gifts, tax withholding, stock purchase and dividend reinvestment plans and pre-programmed 10b5-1 trades.

100
Raw transactions
Everything returned by the filing
100
Voluntary view
P/S trades after deterministic checks
5
Administrative noise
Stored, never alerted
91
10b5-1
Shown as informational
SEC ownership XML facts
Code
F
Shares
54
Price
$218.94
Footnotes
1

Represents shares withheld for taxes upon the vesting of the restricted stock unit grant made on March 1, 2025.

Raspberry interpretation
Informational — no alert

Reason: administrative_code.

Verify in SEC EDGAR

Recent transactions

Voluntary purchases and sales; administrative noise stays hidden.

100 transactions

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
226
Price
$221.12
Value
$49,973
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,314
Price
$220.42
Value
$289,635
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
978
Price
$219.44
Value
$214,609
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,740
Price
$218.43
Value
$380,074
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,181
Price
$217.26
Value
$256,581
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
220
Price
$216.01
Value
$47,522
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
268
Price
$217.57
Value
$58,308
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,827
Price
$216.70
Value
$829,301
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
501
Price
$217.13
Value
$108,784
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
295
Price
$216.16
Value
$63,767
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,938
Price
$215.18
Value
$417,009
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,359
Price
$214.17
Value
$291,050
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,157
Price
$212.87
Value
$672,019
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
426
Price
$211.52
Value
$90,108
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
680
Price
$210.24
Value
$142,966
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
114
Price
$208.21
Value
$23,736
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
189
Price
$217.01
Value
$41,015
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
369
Price
$215.93
Value
$79,677
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,785
Price
$214.81
Value
$383,438
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,031
Price
$213.96
Value
$648,512
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
106
Price
$212.20
Value
$22,494
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,588
Price
$211.26
Value
$335,481
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,708
Price
$210.32
Value
$569,546
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,935
Price
$209.48
Value
$405,346
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
913
Price
$208.13
Value
$190,022
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
656
Price
$212.53
Value
$139,422
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,501
Price
$207.81
Value
$311,927
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
5,749
Price
$206.84
Value
$1,189,141
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,809
Price
$207.33
Value
$582,387
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,924
Price
$206.28
Value
$809,449
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
277
Price
$209.38
Value
$57,999
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
240
Price
$208.45
Value
$50,028
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
178
Price
$206.78
Value
$36,808
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
52
Price
$205.66
Value
$10,694
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
78
Price
$203.79
Value
$15,896
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
52
Price
$202.09
Value
$10,508
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
26
Price
$199.75
Value
$5,194
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
430
Price
$198.96
Value
$85,553
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,936
Price
$197.88
Value
$580,962
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,498
Price
$197.06
Value
$689,332
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
26
Price
$197.63
Value
$5,138
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
291
Price
$197.09
Value
$57,352
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,906
Price
$195.77
Value
$373,138
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
5,027
Price
$194.96
Value
$980,044
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
974
Price
$200.32
Value
$195,108
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
7,250
Price
$201.84
Value
$1,463,370
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
506
Price
$201.53
Value
$101,974
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,566
Price
$200.40
Value
$514,235
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,559
Price
$199.34
Value
$510,111
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,453
Price
$198.49
Value
$288,410
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
166
Price
$196.16
Value
$32,563
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,272
Price
$198.38
Value
$450,730
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
30
Price
$202.51
Value
$6,075
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,664
Price
$201.98
Value
$336,102
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
4,310
Price
$201.12
Value
$866,833
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,246
Price
$199.58
Value
$248,675
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
64
Price
$201.15
Value
$12,874
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,349
Price
$200.57
Value
$471,140
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,840
Price
$199.51
Value
$766,105
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
997
Price
$198.06
Value
$197,471
Open SEC filing

Lyons William M

Director

SaleAlert
Shares
1,000
Price
$199.00
Value
$199,000
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
26
Price
$200.87
Value
$5,223
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,568
Price
$199.78
Value
$513,023
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
4,043
Price
$199.06
Value
$804,806
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
573
Price
$197.72
Value
$113,296
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
40
Price
$196.72
Value
$7,869
Open SEC filing

Lyons William M

Director

SaleAlert
Shares
700
Price
$179.00
Value
$125,300
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
227
Price
$179.52
Value
$40,751
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
293
Price
$178.39
Value
$52,267
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
578
Price
$177.08
Value
$102,354
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
741
Price
$176.30
Value
$130,640
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
114
Price
$174.98
Value
$19,947
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
317
Price
$174.09
Value
$55,185
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
234
Price
$174.07
Value
$40,733
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,935
Price
$172.87
Value
$334,512
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
5,081
Price
$172.33
Value
$875,595
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
291
Price
$173.11
Value
$50,376
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,255
Price
$172.33
Value
$216,278
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
5,704
Price
$171.32
Value
$977,236
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
676
Price
$179.08
Value
$121,056
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,446
Price
$178.06
Value
$257,476
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
2,629
Price
$176.66
Value
$464,452
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
24
Price
$182.14
Value
$4,371
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
227
Price
$181.05
Value
$41,098
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,726
Price
$180.39
Value
$311,352
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
640
Price
$177.42
Value
$113,547
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,515
Price
$176.85
Value
$621,612
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,620
Price
$175.80
Value
$284,800
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
500
Price
$174.51
Value
$87,257
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
116
Price
$173.38
Value
$20,112
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
300
Price
$172.43
Value
$51,728
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
559
Price
$171.33
Value
$95,776
Open SEC filing

Holt Michael

Chief Financial Officer

SaleAlert
Shares
270
Price
$166.05
Value
$44,834
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
200
Price
$171.47
Value
$34,294
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
584
Price
$170.74
Value
$99,714
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
4,237
Price
$169.59
Value
$718,554
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
1,525
Price
$168.66
Value
$257,214
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
704
Price
$167.49
Value
$117,913
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
709
Price
$169.52
Value
$120,190
Open SEC filing

Mansueto Joseph D

Executive Chairman

Sale 10b5-1
Shares
3,373
Price
$168.97
Value
$569,920
Open SEC filing

“Alert” means a voluntary, unscheduled transaction according to the filing; it is not an investment recommendation. Official source: SEC EDGAR.