MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Summit Trail Advisors, LLC's Holding History (CIK: 0001698478)

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

Q4 2025

Shares 8,519 Value ($000) $1,851 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 3,971 Value ($000) $921 Avg Close $266.56 Range $230.09 - $313.40

Q3 2024

Shares 810 Value ($000) $258 Avg Close $310.75 Range $294.45 - $330.22

Q4 2017

Shares 153 Value ($000) $15 Avg Close $90.03 Range $82.64 - $99.11

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	8,519	$1,851	$216.57	$202.89 - $233.46
Q3 2025	3,971	$921	$266.56	$230.09 - $313.40
Q3 2024	810	$258	$310.75	$294.45 - $330.22
Q4 2017	153	$15	$90.03	$82.64 - $99.11