MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

State of Alaska, Department of Revenue's Holding History (CIK: 0001370102)

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

Q4 2025

Shares 16,948 Value ($000) $4 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 17,248 Value ($000) $4 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 17,557 Value ($000) $6 Avg Close $296.03 Range $250.34 - $316.71

Q1 2025

Shares 15,237 Value ($000) $5 Avg Close $314.89 Range $278.64 - $338.50

Q4 2024

Shares 15,157 Value ($000) $5 Avg Close $341.38 Range $312.59 - $365.00

Q3 2024

Shares 15,202 Value ($000) $5 Avg Close $310.75 Range $294.45 - $330.22

Q2 2024

Shares 14,887 Value ($000) $4 Avg Close $295.99 Range $281.37 - $316.06

Q1 2024

Shares 14,887 Value ($000) $5 Avg Close $288.05 Range $269.51 - $316.05

Q4 2023

Shares 14,887 Value ($000) $4 Avg Close $260.56 Range $219.45 - $289.17

Q3 2023

Shares 15,157 Value ($000) $4 Avg Close $225.76 Range $188.97 - $257.28

Q2 2023

Shares 12,072 Value ($000) $2 Avg Close $198.02 Range $163.28 - $210.95

Q1 2023

Shares 12,072 Value ($000) $2 Avg Close $219.87 Range $180.99 - $259.28

Q4 2022

Shares 12,072 Value ($000) $3 Avg Close $227.96 Range $207.11 - $252.04

Q3 2022

Shares 11,368 Value ($000) $2,413 Avg Close $237.81 Range $208.48 - $261.16

Q2 2022

Shares 11,297 Value ($000) $2,731 Avg Close $252.01 Range $218.25 - $293.64

Q1 2022

Shares 11,336 Value ($000) $3,096 Avg Close $282.62 Range $251.56 - $343.54

Q4 2021

Shares 11,481 Value ($000) $3,926 Avg Close $309.54 Range $253.81 - $350.21

Q3 2021

Shares 11,721 Value ($000) $3,036 Avg Close $262.72 Range $242.31 - $288.54

Q2 2021

Shares 11,603 Value ($000) $2,983 Avg Close $242.63 Range $224.56 - $270.08

Q1 2021

Shares 9,319 Value ($000) $2,097 Avg Close $234.34 Range $213.55 - $255.75

Q4 2020

Shares 1,618 Value ($000) $374 Avg Close $198.64 Range $159.23 - $232.06

Q2 2019

Shares 2,120 Value ($000) $306 Avg Close $138.03 Range $126.26 - $149.70

Q1 2019

Shares 2,120 Value ($000) $267 Avg Close $120.22 Range $99.67 - $129.99

Q4 2018

Shares 2,240 Value ($000) $246 Avg Close $117.21 Range $104.56 - $133.74

Q3 2018

Shares 2,224 Value ($000) $280 Avg Close $134.79 Range $125.47 - $144.34

Q2 2018

Shares 2,160 Value ($000) $277 Avg Close $114.36 Range $93.30 - $134.95

Q1 2018

Shares 1,720 Value ($000) $163 Avg Close $96.16 Range $90.00 - $103.46

Q4 2017

Shares 1,300 Value ($000) $126 Avg Close $90.03 Range $82.64 - $99.11

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,948	$4	$216.57	$202.89 - $233.46
Q3 2025	17,248	$4	$266.56	$230.09 - $313.40
Q2 2025	17,557	$6	$296.03	$250.34 - $316.71
Q1 2025	15,237	$5	$314.89	$278.64 - $338.50
Q4 2024	15,157	$5	$341.38	$312.59 - $365.00
Q3 2024	15,202	$5	$310.75	$294.45 - $330.22
Q2 2024	14,887	$4	$295.99	$281.37 - $316.06
Q1 2024	14,887	$5	$288.05	$269.51 - $316.05
Q4 2023	14,887	$4	$260.56	$219.45 - $289.17
Q3 2023	15,157	$4	$225.76	$188.97 - $257.28
Q2 2023	12,072	$2	$198.02	$163.28 - $210.95
Q1 2023	12,072	$2	$219.87	$180.99 - $259.28
Q4 2022	12,072	$3	$227.96	$207.11 - $252.04
Q3 2022	11,368	$2,413	$237.81	$208.48 - $261.16
Q2 2022	11,297	$2,731	$252.01	$218.25 - $293.64
Q1 2022	11,336	$3,096	$282.62	$251.56 - $343.54
Q4 2021	11,481	$3,926	$309.54	$253.81 - $350.21
Q3 2021	11,721	$3,036	$262.72	$242.31 - $288.54
Q2 2021	11,603	$2,983	$242.63	$224.56 - $270.08
Q1 2021	9,319	$2,097	$234.34	$213.55 - $255.75
Q4 2020	1,618	$374	$198.64	$159.23 - $232.06
Q2 2019	2,120	$306	$138.03	$126.26 - $149.70
Q1 2019	2,120	$267	$120.22	$99.67 - $129.99
Q4 2018	2,240	$246	$117.21	$104.56 - $133.74
Q3 2018	2,224	$280	$134.79	$125.47 - $144.34
Q2 2018	2,160	$277	$114.36	$93.30 - $134.95
Q1 2018	1,720	$163	$96.16	$90.00 - $103.46
Q4 2017	1,300	$126	$90.03	$82.64 - $99.11