D'Ambrosia Brian 4

What Happened

Brian D'Ambrosia, Executive Vice President & Chief Financial Officer of MONRO, Inc. (MNRO), was granted a total of 36,022 restricted stock units (RSUs) on May 21, 2026. The grant is reported as two awards: 14,044 RSUs (performance-based) and 21,978 RSUs (time-based). The reported acquisition price is $0.00 because these are contingent RSUs (a right to receive shares in the future), not a cash purchase.

Key Details

• Transaction date: May 21, 2026; Filing date: May 26, 2026 (filed timely).
• Awards: 14,044 RSUs (performance-earned) and 21,978 RSUs (time-based), total 36,022 RSUs.
• Reported price/value: $0.00 per unit on Form 4 (typical for RSU grants; value realized if/when units vest and convert to shares).
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnotes:
  • F1 (14,044 RSUs): Performance-based RSUs earned for achieving one-year performance measures; represent a contingent right to one share each and are subject to an additional two-year vesting period.
  • F2 (21,978 RSUs): Time-based RSUs that vest one-quarter on each of the four anniversaries of the grant date.
• Transaction code: "A" (Grant/Award).

Context

RSUs are a form of equity compensation and do not indicate an immediate market purchase or sale; they convert to shares only if and when vesting conditions are met. The performance-based portion was already earned but remains subject to an additional two-year vesting schedule, while the time-based portion vests over four years. Such awards are routine for executive compensation and should be viewed as part of long-term incentive arrangements rather than a direct signal of near-term insider buying or selling.