MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Verdence Capital Advisors LLC's Holding History (CIK: 0001719305)

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

Q4 2025

Shares 1,423 Value ($000) $309 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 1,369 Value ($000) $299 Avg Close $266.56 Range $230.09 - $313.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,423	$309	$216.57	$202.89 - $233.46
Q3 2025	1,369	$299	$266.56	$230.09 - $313.40