{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-25-000090","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.849112+00:00","generated_at":"2026-05-21T08:07:18.276401+00:00","sec_items":["5.02","5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Morningstar Board adopts Executive Severance Policy; shareholders reelect directors and ratify KPMG","bullets":["CEO gets 2x base salary + target bonus over 24 months on non-CIC termination; other named execs get 1x over 12 months.","Change-in-control severance: CEO receives 2.5x salary+bonus lump sum; other participants receive 1.5x lump sum.","All 10 director nominees elected; advisory vote on executive compensation approved 37.5M for vs 0.5M against.","KPMG LLP ratified as independent auditor for 2025 with 39.2M votes for vs 0.2M against."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-25-000090","json":"https://secwatch.observer/filing/0001289419-25-000090.json","markdown":"https://secwatch.observer/filing/0001289419-25-000090.md","text":"https://secwatch.observer/filing/0001289419-25-000090.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941925000090/0001289419-25-000090-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941925000090/morn-20250509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T08:07:18.276401+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"}