Morningstar executive chairman sells $5.6m in shares

Published 19/08/2025, 22:38
Morningstar executive chairman sells $5.6m in shares

Joseph D. Mansueto, Executive Chairman of Morningstar , Inc. (NASDAQ:MORN), sold 21,730 shares of common stock between August 15 and August 19, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales amounted to approximately $5.6 million, with prices ranging from $258.0309 to $260.68 per share. The $11 billion market cap company maintains strong financial health, earning a perfect Piotroski Score of 9 according to InvestingPro data, despite its stock trading near 52-week lows after a 22% decline year-to-date.

The transactions were executed in multiple trades. On August 15, Mansueto sold 6,040 shares at a weighted average price of $258.5138, 1,208 shares at $259.3171 and 2 shares at $260.68. On August 18, he sold 6,846 shares at $258.0309 and 404 shares at $258.825. On August 19, Mansueto sold 2,757 shares at $258.9593, 3,577 shares at $259.8268 and 916 shares at $260.5706. For comprehensive insider trading analysis and additional financial metrics, consider InvestingPro, which offers exclusive insights into company valuations and financial health indicators.

Following these transactions, Mansueto directly owns 9,340,231 shares of Morningstar, Inc. common stock. He also indirectly owns 5,336,106 shares held in grantor retained annuity trusts and 150,000 shares held in trusts for the benefit of his children.

The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mansueto on November 15, 2024.

In other recent news, Morningstar, Inc. announced that its board of directors has declared a quarterly dividend of 45.5 cents per share. This maintains the same dividend amount that was paid in April. The dividend is scheduled to be payable on July 31, 2025, to shareholders who are on record as of July 11, 2025. This development reflects the company’s ongoing financial policies and shareholder commitments. The announcement comes as part of Morningstar’s regular financial updates. No changes to the dividend amount were noted in the recent statement. This decision is consistent with the company’s previous dividend payments.

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