Monro (MNRO) SVP Hawryschuk receives new performance and time-based stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hawryschuk Nicholas P reported acquisition or exercise transactions in this Form 4 filing.
MONRO, INC. Senior VP of Operations Nicholas P. Hawryschuk received stock-based compensation in the form of two grants tied to restricted stock units. On May 21, 2026, he was awarded 10,989 shares linked to units earned from the company’s achievement of one-year performance measures, which now carry an additional two-year vesting period. He also received 7,022 shares linked to time-based restricted stock units that vest in four equal annual installments. After these awards, one holding shows 39,871 common shares and another shows 28,882 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hawryschuk Nicholas P
Role
Senior VP of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,022 | $0.00 | -- |
| Grant/Award | Common Stock | 10,989 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,882 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
Performance-based RSU-linked shares granted: 10,989 shares
Time-based RSU-linked shares granted: 7,022 shares
Shares held after first award: 39,871 shares
+3 more
6 metrics
Performance-based RSU-linked shares granted
10,989 shares
Grant/award on May 21, 2026 based on one-year performance
Time-based RSU-linked shares granted
7,022 shares
Grant/award on May 21, 2026 with four-year vesting
Shares held after first award
39,871 shares
Direct common stock holding following 10,989-share grant
Shares held after second award
28,882 shares
Direct common stock holding following 7,022-share grant
Award transaction count
2 transactions
Both coded as grant, award, or other acquisition (Code A)
Award price per share
$0.0000 per share
Indicates stock-based compensation, not cash purchases
Key Terms
restricted stock units, Amended and Restated 2007 Stock Incentive Plan, vesting period, performance measures, +1 more
5 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
"...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.
performance measures financial
"...earned based on the Company's achievement of certain pre-determined performance measures over a one-year period..."
anniversaries of the grant date financial
"...and vest one-quarter on each of the four anniversaries of the grant date."
FAQ
What did Monro (MNRO) insider Nicholas P. Hawryschuk report in this Form 4?
Nicholas P. Hawryschuk reported receiving two stock-based awards. He acquired 10,989 performance-based restricted stock units and 7,022 time-based restricted stock units, both under Monro’s Amended and Restated 2007 Stock Incentive Plan as part of his compensation.
What are the vesting terms of Hawryschuk’s performance-based restricted stock units at Monro (MNRO)?
The performance-based restricted stock units were earned based on Monro’s achievement of predetermined performance measures over one year. After being earned, they are subject to an additional two-year vesting period before converting into common stock, if all conditions are satisfied.
What are the vesting terms of Hawryschuk’s time-based restricted stock units at Monro (MNRO)?
The time-based restricted stock units vest in four equal annual installments. One quarter vests on each of the first four anniversaries of the grant date, aligning the award with multi-year service at Monro under its stock incentive plan.
Are Hawryschuk’s Monro (MNRO) Form 4 transactions open-market buys or compensation grants?
These transactions are compensation-related grants, not open-market purchases. Both are coded as awards of restricted stock units with a transaction price of $0.0000 per share, granted under Monro’s Amended and Restated 2007 Stock Incentive Plan.