Monro (MNRO) Sr. VP has 812 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monro, Inc. senior vice president and CIO Cindy Donovan reported routine, non-market transactions related to equity compensation. On June 13, 2026 and June 19, 2026, a total of 812 shares of common stock were withheld to cover tax obligations when restricted stock units vested, as noted in the footnote. These tax-withholding dispositions are coded as "F" and are not open-market sales. After these events, Donovan directly holds 25,978 shares of Monro common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Donovan Cindy
Role
Sr. VP - CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 175 | $0.00 | -- |
| Tax Withholding | Common Stock | 637 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,978 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares total: 812 shares
Tax-withheld shares on June 13, 2026: 637 shares
Tax-withheld shares on June 19, 2026: 175 shares
+1 more
4 metrics
Tax-withheld shares total
812 shares
Shares withheld to cover tax obligations from RSU vesting
Tax-withheld shares on June 13, 2026
637 shares
Code F disposition of common stock
Tax-withheld shares on June 19, 2026
175 shares
Code F disposition of common stock
Shares held after transactions
25,978 shares
Direct ownership following June 19, 2026 transaction
Key Terms
restricted stock units, tax withholding obligations, Sr. VP - CIO, tax-withholding disposition
4 terms
restricted stock units financial
"Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units."
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.
tax withholding obligations financial
"Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units."
Sr. VP - CIO financial
"officer_title": "Sr. VP - CIO""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transactions did Monro (MNRO) report for Cindy Donovan?
Monro reported that Sr. VP and CIO Cindy Donovan had shares withheld to satisfy tax obligations from restricted stock unit vesting. Two Form 4 transactions show routine tax-withholding dispositions, not open-market buying or selling of Monro common stock.
Are the Monro (MNRO) Form 4 transactions open-market sales by the executive?
No, the Form 4 transactions are not open-market sales. Both are coded "F" and described as payment of tax liability by delivering securities, with a footnote stating they cover tax withholding obligations upon vesting of restricted stock units.
What role does Cindy Donovan hold at Monro (MNRO) in this Form 4 filing?
Cindy Donovan is identified as an officer of Monro with the title "Sr. VP - CIO." The Form 4 indicates she is not a director and not a ten percent owner, but reports these transactions in her capacity as a senior executive officer.
What does transaction code "F" mean in the Monro (MNRO) Form 4?
Transaction code "F" in this Form 4 means shares were disposed of to pay an exercise price or tax liability. The filing explains these are shares withheld to cover tax withholding obligations upon restricted stock unit vesting, rather than discretionary market trades.