---
schema_version: "secwatch.filing_event.v1"
accession: "0001289419-25-000005"
form_type: "8-K"
ticker: "MORN"
cik: "0001289419"
company_name: "Morningstar, Inc."
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:36:34.645086+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Morningstar updates on CFO selection, index assets growth, and Mansueto pledge reduction

## Summary
- CFO Michael Holt selected after rigorous internal/external search; led DBRS, Sustainalytics, LCD acquisitions.
- Assets linked to Morningstar indexes total $228.2B as of Sep 30, 2024, up 37.5% YoY, with 70% in ETFs.
- Joe Mansueto's pledged shares reduced to 1M (6.5% of beneficial ownership) from 3M in 2021; no amounts drawn.
- Market commentary: anticipates strong U.S. structured finance issuance; private credit activity in asset-based lending, CRE.

## SEC filing metadata
- accession: 0001289419-25-000005
- form_type: 8-K
- ticker: MORN
- cik: 0001289419
- company_name: Morningstar, Inc.
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289419/000128941925000005/0001289419-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289419/000128941925000005/morn-20250131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289419-25-000005
- JSON: https://secwatch.observer/filing/0001289419-25-000005.json
- Plain text: https://secwatch.observer/filing/0001289419-25-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.