Morningstar Officer, Director, and 10% Owner Files Intent to Sell $20.2M in Shares
MORN is trading near its 52-week low of $197.34 (0.5% above the low).
Summary
Joseph D. Mansueto, a key insider at Morningstar, Inc., has filed a Form 144 indicating an intent to sell approximately $20.2 million worth of Class A Common Shares, following recent sales of over $21 million.
Key Events · Ownership and Investor Activity · MORN
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Insider Files Intent to Sell
Joseph D. Mansueto, an Officer, Director, and 10% Stockholder, filed a Form 144 to sell 100,000 Class A Common Shares.
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Substantial Proposed Sale Value
The proposed sale is valued at approximately $20.2 million, representing a significant transaction for a key insider.
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Follows Recent Insider Sales
This intent to sell follows Mansueto's disposition of 100,000 shares totaling over $21.2 million in the past three months.
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Sale Near 52-Week Lows
The filing occurs as Morningstar's stock trades near its 52-week low, potentially signaling a lack of insider confidence at a critical price level.
Analysis · MORN · Finance
This Form 144 filing signals a significant intent to sell by Joseph D. Mansueto, who holds multiple key roles as an Officer, Director, and 10% Stockholder. The proposed sale of 100,000 shares, valued at over $20 million, represents a notable disposition of his holdings. This follows a pattern of substantial sales by Mansueto in the past three months, totaling over $21 million. The timing of this intent to sell, while the stock is trading near its 52-week low, could be interpreted negatively by the market, suggesting a lack of confidence from a major insider at a challenging price point. Investors should monitor subsequent Form 4 filings to confirm the actual execution of these sales.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 966 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MORN was trading at $198.29 on NASDAQ in the Finance sector, with a market capitalization of approximately $8.2B. The 52-week trading range was $197.34 to $335.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.