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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2009-11-15 Tax Withholding |
2009-11-17 09:57 am | Morningstar, Inc. | MORN | Chen Peng (Pres., Ibbotson Assoc.) | 162 | $49.38 | $8,000 | 17,881 (Direct) | View |
| 2009-05-15 Option Award Tax Withholding |
2009-05-19 08:24 am | Morningstar, Inc. | MORN | Chen Peng (Pres., Ibbotson Assoc.) | 6,775 | $5.089 | $34,475 | 18,043 (Direct) |
View |
| 2008-11-15 Tax Withholding |
2008-11-18 5:03 pm |
Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 162 | $30.23 | $4,897 | 13,058 (Direct) |
View |
| 2008-05-15 Tax Withholding |
2008-06-09 3:26 pm | Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 337 | $73.28 | $24,695 | 13,220 (Direct) |
View |
| 2008-05-15 Option Award Tax Withholding | 2008-05-19 07:56 am |
Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 3,421 | $7.09 | $24,256 | 13,557 (Direct) | View |
| 2007-11-15 Tax Withholding | 2007-11-19 10:27 am | Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 162 | $70.79 | $11,468 | 10,798 (Direct) |
View |
| 2007-08-15 Option Award |
2007-08-15 10:29 am | Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 537 | $0 | $0 | 10,960 (Direct) | View |
| 2007-05-15 Option Award Tax Withholding | 2007-05-16 6:58 pm |
Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 4,379 | $3.734 | $16,351 | 10,423 (Direct) | View |
| 2006-11-15 Option Award | 2006-11-16 4:13 pm | Morningstar, Inc. | MORN | Chen Peng (Pres. & CIO, Ibbotson Assoc.) | 2,209 | $0 | $0 | 6,706 (Direct) | View |
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