{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-073194","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2024-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.735635+00:00","generated_at":"2026-06-01T03:15:55.782504+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Morningstar to sell $12B TAMP to AssetMark, expects positive run-rate adjusted operating income impact","bullets":["AssetMark to acquire ~$12B in assets from Morningstar Wealth's U.S. TAMP; upfront payment at close plus contingent payments.","Morningstar Wealth advisors get access to AssetMark's platform; AssetMark advisors gain Morningstar models ($290B AUMA).","Morningstar to sunset U.S. TAMP after close (H2 2024); focus on international wealth platform and third-party distribution.","Expects reduced revenue post-close but positive run-rate impact on adjusted operating income after 12-month transition.","Transaction approved by both boards; expected to close H2 2024 subject to regulatory approvals and customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-073194","json":"https://secwatch.observer/filing/0001104659-24-073194.json","markdown":"https://secwatch.observer/filing/0001104659-24-073194.md","text":"https://secwatch.observer/filing/0001104659-24-073194.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000110465924073194/0001104659-24-073194-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000110465924073194/tm2417546d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T03:15:55.782504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}