Stock grants to Monro (MNRO) senior VP total 9,005 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monro, Inc. Senior VP – Merchandising Kathryn M. Chang reported equity compensation awards of common stock on May 21, 2026. She acquired 5,494 shares and a separate 3,511-share grant at no cost, both in the form of restricted stock units under the Amended and Restated 2007 Stock Incentive Plan.
One award was earned based on one-year performance measures and will vest over an additional two-year period. The other vests in four equal annual installments on each anniversary of the grant date, aligning her compensation with longer-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chang Kathryn M.
Role
Senior VP - Merchandising
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,511 | $0.00 | -- |
| Grant/Award | Common Stock | 5,494 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,511 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 1: 5,494 shares
RSU grant 2: 3,511 shares
Holdings after grant 1: 9,005 shares
+1 more
4 metrics
RSU grant 1
5,494 shares
Common Stock award on May 21, 2026
RSU grant 2
3,511 shares
Common Stock award on May 21, 2026
Holdings after grant 1
9,005 shares
Total common stock directly held after first award
Holdings after grant 2
3,511 shares
Total common stock directly held for second award line
Key Terms
restricted stock units, vesting period, Amended and Restated 2007 Stock Incentive Plan, anniversaries of the grant date
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.
vesting period financial
"...were granted under the Company's Amended and Restated 2007 Stock Incentive Plan 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.
Amended and Restated 2007 Stock Incentive Plan financial
"...were granted under the Company's Amended and Restated 2007 Stock Incentive Plan..."
anniversaries of the grant date financial
"...vest one-quarter on each of the four anniversaries of the grant date."
FAQ
What insider transaction did Monro (MNRO) report for Kathryn M. Chang?
Monro reported that Senior VP – Merchandising Kathryn M. Chang received two equity compensation awards totaling 9,005 shares of common stock. Both grants were reported as restricted stock units under the company’s Amended and Restated 2007 Stock Incentive Plan.
What are the vesting terms of Kathryn M. Chang’s performance-based Monro (MNRO) RSUs?
One block of restricted stock units was earned based on Monro’s achievement of predetermined performance measures over a one-year period. After being earned, these units are subject to an additional two-year vesting period before the underlying common shares are delivered.
How do the time-based Monro (MNRO) RSUs granted to Kathryn M. Chang vest?
The time-based restricted stock units granted to Kathryn M. Chang vest in four equal installments. One-quarter of the units vest on each of the first, second, third, and fourth anniversaries of the grant date, subject to the plan’s standard conditions.
Under what plan were Kathryn M. Chang’s Monro (MNRO) stock awards granted?
Both equity awards to Kathryn M. Chang were granted under Monro’s Amended and Restated 2007 Stock Incentive Plan. This plan governs the company’s restricted stock unit grants and links executive compensation to the company’s operating performance over specified periods.
Are Kathryn M. Chang’s new Monro (MNRO) awards open-market purchases or compensation grants?
The transactions are compensation-related grants, not open-market purchases. They are coded as acquisitions with a zero purchase price, reflecting restricted stock unit awards that vest over time based on performance and service, rather than discretionary buying in the market.