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MNRO Form 4: Thomas Okray receives 8,306 restricted shares under 2007 Plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Thomas B. Okray, a Director of Monro, Inc. (MNRO), received a Restricted Stock Award on 08/12/2025 for 8,306 shares under the Company’s Amended and Restated 2007 Stock Incentive Plan. The award is reported at a $0 price and the filing shows 13,243 shares beneficially owned following the transaction.

The award vests in three equal installments—one‑third on each of the three anniversaries of the grant date. No derivative transactions are reported and the filing does not disclose cash payments or other material changes to compensation beyond the grant and its vesting schedule.

Positive

  • Restricted stock award of 8,306 shares granted to Director Thomas B. Okray
  • Post‑grant beneficial ownership increased to 13,243 shares (direct ownership)
  • Vesting schedule disclosed: one‑third vests on each of the three anniversaries of the grant date
  • Grant made under the Company’s Amended and Restated 2007 Stock Incentive Plan

Negative

  • None.

Insights

TL;DR: Director grant of 8,306 restricted shares increases direct ownership to 13,243; routine compensation, limited immediate market impact.

The Form 4 reports a zero‑priced restricted stock award of 8,306 shares to Director Thomas B. Okray under the company’s 2007 Stock Incentive Plan, increasing his reported beneficial ownership to 13,243 shares. The award vests one‑third annually over three years, aligning the director’s interests with long‑term performance. This is a standard equity compensation grant and, absent larger context on outstanding shares or recent insider trends, appears non‑material to valuation.

TL;DR: Governance signal consistent with retention and alignment objectives; vesting schedule is standard and no governance red flags appear.

The grant is made under the Amended and Restated 2007 Stock Incentive Plan and vests in three equal annual installments, which is a common retention structure. The filing identifies the ownership form as direct and shows the post‑grant beneficial ownership at 13,243 shares. There are no disclosed related derivative transactions or unusual terms in the filing. Based solely on the information provided, the transaction is a routine director compensation event.

Insider Okray Thomas B
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Award 8,306 $0.00 --
Holdings After Transaction: Restricted Stock Award — 13,243 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Okray Thomas B

(Last) (First) (Middle)
295 WOODCLIFF DRIVE
SUITE 202

(Street)
FAIRPORT NY 14450

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MONRO, INC. [ MNRO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock Award 08/12/2025 A 8,306(1) A $0 13,243 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This award of restricted stock is granted under the Company's Amended and Restated 2007 Stock Incentive Plan (the "Plan") and vests one-third on each of the three anniversaries of the grant date.
Thomas B. Okray 08/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Thomas B. Okray report on MNRO Form 4?

He received a Restricted Stock Award for 8,306 shares on 08/12/2025, reported at a $0 price.

How many Monro (MNRO) shares does Thomas B. Okray beneficially own after the grant?

The Form 4 reports 13,243 shares beneficially owned following the reported transaction.

What are the vesting terms for the restricted stock grant?

The award vests one‑third on each of the three anniversaries of the grant date.

Was any derivative security reported in connection with this transaction?

No. Table II (derivative securities) in the filing is empty; this is a non‑derivative restricted stock award.

Under which plan was the award granted?

The award was granted under the Company’s Amended and Restated 2007 Stock Incentive Plan.
Monro Inc

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