Icahn group reports MNRO buys at $17.23–$17.48; 5.08M shares held
Rhea-AI Filing Summary
Monro, Inc. (MNRO): Carl C. Icahn and affiliated funds reported open‑market purchases of Monro common stock as reflected on Form 4. The reporting persons bought shares on 11/05/2025 (108,270 at $17.23), 11/06/2025 (428,967 at $17.40), and 11/07/2025 (101,422 at $17.48).
Following these transactions, the group beneficially owned 5,078,573 shares indirectly. Footnotes state Icahn Partners directly owns 2,855,820 shares and Icahn Partners Master Fund directly owns 2,222,753 shares. The filing is made by more than one reporting person, and the relationship to the issuer is disclosed as Director and 10% Owner.
Positive
- None.
Negative
- None.
Insights
Open-market purchases increased indirect holdings to 5,078,573 shares by a director/10% owner; a material ownership change.
Carl C. Icahn, together with Icahn Partners LP and Icahn Partners Master Fund LP, reported open-market purchases of Monro common stock on
The filing lists Mr. Icahn as both Director and 10% Owner, with a detailed control structure and standard beneficial ownership disclaimers limiting ownership to pecuniary interests. No derivative securities were reported. The purchases are coded “P,” indicating open-market buys, and the form is a joint filing by more than one reporting person.
Key dependencies include the layered ownership chain and indirect nature of the reported stake. Items to watch are any subsequent Form 4s reflecting further acquisition or disposition activity, and the reported share counts in future filings after
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.01 par value per share | 101,422 | $17.48 | $1.77M |
| Purchase | Common Stock, $0.01 par value per share | 428,967 | $17.40 | $7.46M |
| Purchase | Common Stock, $0.01 par value per share | 108,270 | $17.23 | $1.87M |
Footnotes (1)
- This Form 4 is being filed by, and on behalf of, Mr. Carl C. Icahn, Icahn Partners LP ("Icahn Partners"), and Icahn Partners Master Fund LP ("Icahn Master" and, collectively with Mr. Icahn and Icahn Partners, the "Reporting Persons"). Beckton Corp. ("Beckton") is the sole stockholder of Icahn Enterprises G.P. Inc. ("Icahn Enterprises GP"), which is the general partner of Icahn Enterprises Holdings L.P. ("Icahn Enterprises Holdings"). Icahn Enterprises Holdings is the sole member of AEPC Holdings LLC, which is the sole member of IPH GP LLC ("IPH"), which is the general partner of Icahn Capital LP ("Icahn Capital"). Icahn Capital is the general partner of each of Icahn Onshore LP ("Icahn Onshore") and Icahn Offshore LP ("Icahn Offshore"). Icahn Onshore is the general partner of Icahn Partners. Icahn Offshore is the general partner of Icahn Master. Beckton is 100 percent owned by Mr. Icahn. As such, Mr. Icahn is in a position indirectly to determine the investment and voting decisions made by each of Icahn Partners and Icahn Master. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under Securities Exchange Act of 1934, as amended), the shares of the common stock, $0.01 par value per share (the "Shares"), of Monro, Inc. that Icahn Partners owns. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein, if any. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn may be deemed to indirectly beneficially own the Shares which Icahn Master owns. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein, if any. After giving effect to the transactions above, Icahn Partners directly beneficially owns 2,855,820 Shares and Icahn Master directly beneficially owns 2,222,753 Shares.
