Morningstar Inc. (MORN)

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Insider Trading: Sales

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Mansueto Officer, Director	$48.27	10,300	$497,214.99	25,366,258	2010-05-11	Filing
Mansueto Officer, Director	$48.54	4,000	$194,160.80	25,376,558	2010-05-10	Filing
Mansueto Officer, Director	$47.99	6,300	$302,329.44	25,380,558	2010-05-10	Filing
Mansueto Officer, Director	$47.87	10,300	$493,093.96	25,386,858	2010-05-05	Filing
Sturm Director	$47.34	1,000	$47,340.00	69,036	2010-05-05	Filing
Mansueto Officer, Director	$47.34	10,300	$487,637.02	25,397,158	2010-05-04	Filing
Mansueto Officer, Director	$47.09	10,300	$485,002.28	25,407,458	2010-05-03	Filing
Francis Director	$50.00	2	$100.00	9,055	2010-04-27	Filing
Mansueto Officer, Director	$49.62	11,400	$565,645.20	25,417,758	2010-04-27	Filing
Sturm Director	$48.28	1,000	$48,280.00	70,036	2010-04-28	Filing
Mansueto Officer, Director	$50.49	4,700	$237,283.73	25,429,158	2010-04-26	Filing
Boruff Officer	$49.96	3,750	$187,356.38	54,680	2010-04-26	Filing
Francis Director	$50.33	500	$25,165.00	9,055	2010-04-26	Filing
Francis Director	$50.00	500	$25,000.00	9,055	2010-04-23	Filing
Francis Director	$50.00	500	$25,000.00	9,055	2010-04-22	Filing
Sturm Director	$50.01	1,000	$50,010.00	71,036	2010-04-22	Filing
Mansueto Officer, Director	$49.55	11,400	$564,873.42	25,433,858	2010-04-21	Filing
Mansueto Officer, Director	$48.94	7,500	$367,038.75	25,445,258	2010-04-20	Filing
Mansueto Officer, Director	$48.34	3,900	$188,522.10	25,452,758	2010-04-20	Filing
Sturm Director	$49.07	1,000	$49,070.00	72,036	2010-04-21	Filing