Nine Morningstar insiders, two directors and seven executives, are planning to sell their company stock, the company revealed in its quarterly filing with the Securities and Exchange Commission. Joe Mansueto, chairman and CEO of the company, will sell up to 700,000 shares.

But the disclosure is not a complete revelation, as Mansueto had indicated in a shareholder letter earlier this year that he, and possibly other executives, planned to sell a number of their shares.

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