MNRO Form 4: Thomas Okray receives 8,306 restricted shares under 2007 Plan
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Award | 8,306 | $0.00 | -- |
Footnotes (1)
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FAQ
What transaction did Thomas B. Okray report on MNRO Form 4?
What are the vesting terms for the restricted stock grant?
Was any derivative security reported in connection with this transaction?
Under which plan was the award granted?