Monro, Inc. (MNRO) grants 11,149 restricted shares to director Mellor
Rhea-AI Filing Summary
MELLOR ROBERT E reported acquisition or exercise transactions in this Form 4 filing.
Monro, Inc. director Robert E. Mellor received a grant of 11,149 shares of Common Stock as a restricted stock award under the company’s Amended and Restated 2007 Stock Incentive Plan. The award carries a zero dollar transaction price and vests one-third on each of the first three anniversaries of the grant date. Following this award, Mellor directly holds 57,377 shares of Monro, Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,149 shares
Net Buy
1 txn
Insider
MELLOR ROBERT E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11,149 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 57,377 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Restricted stock granted: 11,149 shares
Transaction price per share: $0.00
Shares owned after transaction: 57,377 shares
+1 more
4 metrics
Restricted stock granted
11,149 shares
Grant of restricted common stock to director on 2026-08-11
Transaction price per share
$0.00
Equity award granted at no cash cost per share
Shares owned after transaction
57,377 shares
Director’s direct holdings of Monro common stock following the grant
Vesting schedule
One-third each year over 3 years
Restricted stock vests on each of the three anniversaries of grant date
Key Terms
restricted stock, Amended and Restated 2007 Stock Incentive Plan, vests one-third on each of the three anniversaries
3 terms
restricted stock financial
"This award of restricted stock is granted under the Company's Amended and Restated 2007 Stock Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Amended and Restated 2007 Stock Incentive Plan financial
"granted under the Company's Amended and Restated 2007 Stock Incentive Plan (the "Plan")"
vests one-third on each of the three anniversaries financial
"and vests one-third on each of the three anniversaries of the grant date"
FAQ
What did Monro, Inc. (MNRO) director Robert E. Mellor report on this Form 4?
Robert E. Mellor reported a grant of 11,149 shares of Monro, Inc. common stock as restricted stock under the company’s 2007 Stock Incentive Plan. These shares were awarded at a price of $0.00 per share as director equity compensation.
What are the vesting terms of Robert E. Mellor’s new MNRO restricted stock grant?
The restricted stock grant of 11,149 MNRO shares vests in three equal installments. According to the award terms, one-third of the shares vests on each of the first, second, and third anniversaries of the August 11, 2026 grant date.
Is the reported MNRO transaction by Robert E. Mellor part of a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative. The transaction is reported as a grant or award of restricted stock under the company’s Amended and Restated 2007 Stock Incentive Plan, rather than an open-market trade under a 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.