Chang Kathryn M. 4

What Happened

• Kathryn M. Chang, Senior Vice President – Merchandising at MONRO, was granted two awards of restricted stock units (RSUs) on May 21, 2026: 3,511 RSUs and 5,494 RSUs, for a total of 9,005 RSUs. Each award is reported at $0.00 acquisition price (standard for RSU grants, which are not purchases). The grants were made under MONRO’s Amended and Restated 2007 Stock Incentive Plan.

Key Details

• Transaction dates and prices: Grants dated 2026-05-21; reported acquisition price $0.00 for both awards.
• Total units granted: 3,511 + 5,494 = 9,005 RSUs.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: The 3,511 RSUs were earned based on the company meeting certain performance measures over a one-year period and are a contingent right to receive one share each; they are subject to an additional two-year vesting period.
  • F2: The 5,494 RSUs vest 25% on each of the four anniversaries of the grant date (time-based vesting).
• Filing/timeliness: Form 4 filed May 26, 2026 reporting transactions on May 21, 2026. The filing itself is dated five days after the grants; the filing does not state whether it was late. (Form 4s are typically required within two business days of the transaction.)

Context

• These transactions are awards of RSUs (transaction code A), not open-market purchases or sales. RSUs represent a contingent right to receive shares in the future and are subject to the vesting conditions described above; they do not involve an immediate cash outlay by the insider.
• Awards are common as part of executive compensation and reflect pay practices rather than an immediate buy/sell signal.