MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Sea Cliff Partners Management, LP's Holding History (CIK: 0002011655)

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

Q3 2025

Shares 26,000 Value ($000) $6,032 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 24,000 Value ($000) $7,534 Avg Close $296.03 Range $250.34 - $316.71

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	26,000	$6,032	$266.56	$230.09 - $313.40
Q2 2025	24,000	$7,534	$296.03	$250.34 - $316.71