MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

OSTERWEIS CAPITAL MANAGEMENT INC's Holding History (CIK: 0001007524)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 64 Value ($000) $14 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 80 Value ($000) $19 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 92 Value ($000) $29 Avg Close $296.03 Range $250.34 - $316.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	64	$14	$216.57	$202.89 - $233.46
Q3 2025	80	$19	$266.56	$230.09 - $313.40
Q2 2025	92	$29	$296.03	$250.34 - $316.71