Monro (MNRO) EVP awarded performance-based and time-vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monro, Inc. executive Maureen Mulholland, Executive VP–CLO and Secretary, reported two stock-based awards on common stock. She acquired 16,483 shares and 10,533 shares at no cost, both structured as restricted stock units under the company’s Amended and Restated 2007 Stock Incentive Plan.
The first award was earned based on achievement of pre-determined performance measures over a one-year period and remains subject to an additional two-year vesting period. The second award vests in four equal annual installments on each anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mulholland Maureen
Role
Executive VP-CLO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,533 | $0.00 | -- |
| Grant/Award | Common Stock | 16,483 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 42,605 shares (Direct, null)
Footnotes (1)
- These restricted stock units, which were earned based on the Company's achievement of certain pre-determined performance measures over a one-year period and which represent a contingent right to receive one share of common stock, were granted under the Company's Amended and Restated 2007 Stock Incentive Plan and are subject to an additional two-year vesting period. These restricted stock units, each of which represent a contingent right to receive one share of common stock, are granted under the Company's Amended and Restated 2007 Stock Incentive Plan and vest one-quarter on each of the four anniversaries of the grant date.
Key Figures
RSU grant size 1: 16,483 shares
RSU grant size 2: 10,533 shares
Holdings after first grant line: 59,088 shares
+1 more
4 metrics
RSU grant size 1
16,483 shares
Grant/award of common stock-based RSUs on May 21, 2026
RSU grant size 2
10,533 shares
Second grant/award of common stock-based RSUs on May 21, 2026
Holdings after first grant line
59,088 shares
Direct common stock holdings reported following one award line
Holdings after second grant line
42,605 shares
Direct common stock holdings reported following second award line
Key Terms
restricted stock units, Amended and Restated 2007 Stock Incentive Plan, vesting period, performance measures
4 terms
restricted stock units financial
"These restricted stock units, which were earned based on the Company's achievement of certain pre-determined performance measures..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2007 Stock Incentive Plan financial
"...were granted under the Company's Amended and Restated 2007 Stock Incentive Plan and are subject to an additional two-year vesting period."
vesting period financial
"...and are subject to an additional two-year vesting period."
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
performance measures financial
"...earned based on the Company's achievement of certain pre-determined performance measures over a one-year period..."
FAQ
What insider transaction did Monro (MNRO) report for Maureen Mulholland?
Monro reported that Maureen Mulholland received two stock-based awards. She was granted 16,483 and 10,533 restricted stock units tied to common stock, both issued at no cash cost as part of the company’s Amended and Restated 2007 Stock Incentive Plan.
What are the vesting terms of Maureen Mulholland’s Monro (MNRO) restricted stock units?
One RSU grant was earned based on one-year performance measures and is subject to an additional two-year vesting period. The other RSU grant vests in four equal installments, with one-quarter vesting on each of the four anniversaries of the original grant date.
Are Maureen Mulholland’s Monro (MNRO) awards performance-based?
One of the RSU awards is performance-based, earned on Monro’s achievement of pre-determined performance measures over a one-year period. After being earned, those units still require an additional two-year vesting period before the underlying common shares are fully delivered.
Were these Monro (MNRO) stock awards open-market purchases?
No, the transactions are coded as awards with a zero dollar price per share. The footnotes explain that they are restricted stock units granted under Monro’s Amended and Restated 2007 Stock Incentive Plan, rather than open-market purchases by the executive.