{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-24-000033","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.734496+00:00","generated_at":"2026-06-02T05:01:44.515501+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Morningstar Q&A details debt reduction, headcount cuts, and Wealth segment margin improvement","bullets":["Net debt-to-EBITDA fell to 1.6x at March 31, 2024, from 2.2x at Dec 31, 2022.","Headcount down 7% YoY at Dec 31, 2023; comp/benefits negative impact narrowed to $6.9M in Q1 2024.","Morningstar Wealth adjusted operating margin improved to -9.5% in Q1 2024 from -26.6% a year ago.","LCD integration complete, credit data on PitchBook platform; credit customer group seeing strong new logo growth.","Climate solution adoption slower than expected; focus shifted to regulatory reporting and banking use cases."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-24-000033","json":"https://secwatch.observer/filing/0001289419-24-000033.json","markdown":"https://secwatch.observer/filing/0001289419-24-000033.md","text":"https://secwatch.observer/filing/0001289419-24-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000033/0001289419-24-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000033/morn-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:01:44.515501+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"}