{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-24-000042","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.735047+00:00","generated_at":"2026-06-01T04:15:37.938390+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Morningstar Q&A details Direct license trends, segment structure, margin outlook","bullets":["Direct licenses 18,562 at Dec 2023 (+0.8% YoY); US licenses -1.8% to 9,072; Q1 2024 licenses 18,680 (+0.6%).","License decline partly due to price increase; some clients shifted to reporting/distribution licenses, which grew.","Sustainalytics and Indexes not separate reportable segments; Corporate & All Other expenses $153.5M in 2023.","Company does not provide margin target but aims to increase margins toward historical peaks."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-24-000042","json":"https://secwatch.observer/filing/0001289419-24-000042.json","markdown":"https://secwatch.observer/filing/0001289419-24-000042.md","text":"https://secwatch.observer/filing/0001289419-24-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000042/0001289419-24-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000042/morn-20240614.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:15:37.938390+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"}