William M. Lyons is Director at Morningstar, Inc. (MORN). They have made 15 open-market trades across 2 companies since 2008, most recently 2026-08-03.
CIK 0001411724
Unrated. We grade insiders only on stock they chose to buy on the open market. Grants, option exercises and vesting say nothing about timing, so they don't count — which is why someone can file often and still have no grade. It isn't a bad sign: unrated buys beat every graded tier below A.
6 open-market purchases totalling $384K since 2008, against 9 sales. Across 6 scored buys the stock is up 0.1% at ninety days, and 1.9 points behind the S&P over the same stretch.
6 scored purchases · one row per filing · discretionary only
| Ticker | Shares | Value |
|---|---|---|
| MORN | 12,904 | $2.7M |
| EGOV | 65,968 | $2.2M |
| Total | $4.9M |
Shares reported on the most recent Form 4, priced at the 2026-08-03 close.
Counted per filing, not per execution lot — a purchase filled in several tranches is one decision.
| 7d | 30d | 90d | |
|---|---|---|---|
| Accuracy | 17% | 17% | 17% |
| Avg Move | -4.1% | -1.3% | +0.1% |
| Alpha | -0.0% | -2.7% | -1.9% |
| Scored | 6 | 6 | 6 |
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| MORN | SELL | 2026-08-03 | 2026-08-03 | $199.00 | $199K | +4.1% | +5.6% | — |
| MORN | SELL | 2026-05-27 | 2026-05-27 | $179.00 | $125K | +3.6% | -11.7% | +22.6% |
| MORN | SELL · 10b5-1 | 2024-10-30 | 2024-10-30 | $331.88 | $249K | +5.9% | +7.6% | +0.4% |
| MORN | SELL · 10b5-1 | 2024-09-30 | 2024-09-30 | $316.48 | $237K | +4.2% | +3.0% | +5.4% |
| MORN | SELL · 10b5-1 | 2024-08-30 | 2024-09-03 | $311.60 | $467K | -0.4% | +1.7% | +13.6% |
| MORN | SELL · 10b5-1 | 2024-07-30 | 2024-07-31 | $324.83 | $487K | -3.8% | -1.2% | +4.9% |
| MORN | SELL · 10b5-1 | 2024-06-28 | 2024-07-01 | $294.21 | $441K | +2.5% | +6.6% | +7.0% |
| MORN | SELL · 10b5-1 | 2024-06-04 | 2024-06-06 | $289.07 | $434K | -1.6% | +2.7% | +7.5% |
| MORN | SELL | 2022-08-08 | 2022-08-10 | $249.92 | $1.2M | -7.1% | -5.1% | -8.8% |
| MORN | SELL | 2020-12-02 | 2020-12-04 | $202.33 | $469K | +5.2% | +14.3% | +12.3% |
| MORN | SELL | 2020-11-02 | 2020-11-04 | $189.72 | $439K | -1.4% | -3.2% | +17.5% |
| EGOV | SELL | 2019-08-29 | 2019-08-30 | $20.96 | $210K | +5.1% | -0.6% | +9.2% |
| MORN | BUY | 2018-11-15 | 2018-11-19 | $119.13 | $149K | +1.3% | -4.1% | +7.5% |
| MORN | SELL · 10b5-1 | 2018-11-15 | 2018-11-19 | $119.13 | $74K | +1.3% | -4.1% | +7.5% |
| MORN | SELL | 2018-10-15 | 2018-10-16 | $111.38 | $139K | +12.5% | +5.5% | -6.4% |
| MORN | SELL | 2018-09-17 | 2018-09-19 | $137.84 | $86K | -4.8% | -12.5% | -14.6% |
| MORN | SELL | 2018-08-15 | 2018-08-16 | $133.54 | $167K | +3.2% | -2.7% | -10.9% |
| EGOV | BUY | 2016-02-09 | 2016-02-09 | $16.65 | $33K | +4.6% | +3.4% | +11.9% |
| EGOV | BUY | 2010-05-07 | 2010-05-10 | $6.50 | $33K | -6.3% | -3.8% | -3.8% |
| EGOV | BUY | 2010-03-09 | 2010-03-10 | $7.92 | $24K | -6.3% | -3.8% | -3.8% |
| EGOV | BUY | 2009-11-18 | 2009-11-20 | $8.87 | $44K | -6.3% | -3.8% | -3.8% |
| MORN | BUY | 2008-11-05 | 2008-11-10 | $35.51 | $36K | -5.2% | -0.0% | -0.0% |
| MORN | BUY | 2008-02-26 | 2008-02-28 | $65.24 | $65K | -5.2% | -0.0% | -0.0% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.