HOLT MICHAEL

PrivateCIK: 2050530
Location

CHICAGO, IL

HOLT MICHAEL (Chief Financial Officer) exercised options at MORNINGSTAR, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderHOLT MICHAELCIK 2050530
IssuerMORNINGSTAR, INC.CIK 1289419
Officer· Chief Financial Officer
Since Mar 2026
+1.87K
Net shares
Net buyer
$15.5K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
2.11K acquired · 236.00 disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+163.00

Price / share

Trade value

% of position

3.0%
11/15/2025
5.50K5.67K

Common Stock

Direct
F · Tax Withholding

Shares

73.00

Price / share

$211.95

Trade value

$15.47K

% of position

1.3%
11/15/2025
5.67K5.59K
Total

Net shares

+90.00

Net value

-$15.47K

Derivative Transactions2

Market Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

163.00 shares

Shares

163.00

Strike price

Held after

0.00

Exercisable

11/15/2025

Market Stock Units

Direct
A · Award
Converts to

Common Stock

1.95K shares

Shares

+1.95K

Strike price

Held after

1.95K

Exercisable

11/15/2025
HOLT MICHAEL — Insider Transaction (Form 4) Filed Nov 18, 2025 | Finecho