Monro (MNRO) Form 4: Director Award Raises Beneficial Ownership to 23,594 Shares

Rhea-AI Filing Summary

Leah C. Johnson, a director of Monro, Inc. (MNRO), received a grant of 8,306 restricted shares on 08/12/2025 under the company’s Amended and Restated 2007 Stock Incentive Plan. The award shows a $0 purchase price and the filing reports 23,594 shares beneficially owned by Ms. Johnson following the grant.

The restricted stock award vests in three equal installments—one-third on each of the three anniversaries of the grant date—per the filing. This transaction is recorded on a Form 4 and is a compensation-related equity grant to a director rather than a market purchase or sale.

Positive

• 8,306 restricted shares granted to Director Leah C. Johnson under the company’s 2007 Stock Incentive Plan (explicit in the filing)
• Vesting schedule disclosed: award vests one-third on each of the three anniversaries of the grant date (explicit)
• No cash purchase price noted for the award ($0 listed in the Form 4)

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director equity award aligns executive incentives with shareholders; typical vesting schedule encourages continued service.

The Form 4 discloses a standard compensation grant to a director: 8,306 restricted shares awarded under the company’s 2007 Stock Incentive Plan, vesting one-third annually. Such awards are commonly used to align a director’s interests with long-term shareholder value and to retain board members. The filing notes a $0 purchase price, indicating the award is compensation-based rather than a cash acquisition. Beneficial ownership rises to 23,594 shares after the grant, as stated in the form.

Securities Analyst

TL;DR: Routine insider disclosure with limited immediate market impact; notes change in beneficial ownership.

This Form 4 records a non-derivative restricted stock award to a director on 08/12/2025. The award amount (8,306 shares) and post-grant beneficial ownership (23,594 shares) are explicitly stated. The grant vests over three years, which staggers potential future share availability. The document contains no sales, purchases for cash, or derivative transactions; it is a standard insider compensation disclosure rather than a signal of trading activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Johnson Leah C.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Award	8,306	$0.00	--

Holdings After Transaction: Restricted Stock Award — 23,594 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Johnson Leah C.

(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	23,594	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.

	Leah C. Johnson	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 is reported on the MNRO Form 4?

The Form 4 reports a grant of 8,306 restricted shares to director Leah C. Johnson on 08/12/2025.

How many Monro (MNRO) shares does Leah C. Johnson beneficially own after the grant?

The filing states Ms. Johnson beneficially owns 23,594 shares following the reported transaction.

Under what plan were the restricted shares granted to the MNRO director?

The restricted stock award was granted under Monro’s Amended and Restated 2007 Stock Incentive Plan, as disclosed in the Form 4.

What is the vesting schedule for the restricted shares reported in the MNRO filing?

The award vests in three equal parts: one-third on each of the three anniversaries of the grant date, per the filing.

Was any cash paid for the restricted shares in the MNRO transaction?

No cash purchase is reported; the Form 4 lists a $0 price for the restricted stock award.