Morningstar, Inc. Form 8-K Filing

This Form 8-K filing by Morningstar, Inc. on May 22, 2026, includes an Investor Q&A as Exhibit 99.1. The Q&A addresses various aspects of Morningstar's business, including the integration of PitchBook with Perplexity, expansion opportunities within large PitchBook accounts, the business model and client base of CRSP, Morningstar Indexes' positioning in light of S&P 500 index changes, data sourcing and replication for the Morningstar Direct Platform, and data cleaning processes. It also discusses compensation and benefits, specifically the rationale behind 2025 bonus targets, and clarifies the reporting of Remaining Performance Obligations (RPO) compared to historical contract liabilities. The filing also contains forward-looking statements and cautionary notes regarding risks and uncertainties.