{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-148287","form_type":"8-K","ticker":"MNRO","cik":"0000876427","company_name":"MONRO, INC.","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.518380+00:00","generated_at":"2026-06-14T21:55:08.641337+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Monro agrees to eliminate Class C Preferred Stock; board declassification plan","bullets":["Conversion rate adjusted to 61.275 common shares per preferred share (from 23.389), eliminating Class C stock over ~3-year sunset.","Represents ~$36.6M premium based on May 12 close; sunset period starts after Aug 15, 2023 annual meeting.","Recapitalization and board declassification (to single-class, one-year terms) subject to shareholder approval at Aug 15, 2023 meeting.","Special Committee of independent directors negotiated; Kroll fairness opinion obtained."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-148287","json":"https://secwatch.observer/filing/0001193125-23-148287.json","markdown":"https://secwatch.observer/filing/0001193125-23-148287.md","text":"https://secwatch.observer/filing/0001193125-23-148287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876427/000119312523148287/0001193125-23-148287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876427/000119312523148287/d503576d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T21:55:08.641337+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"49e3a6cd8b3676944d6f235de7b8b6fc161f4274","claim":"MONRO, INC. entered into reclassification agreement with holders of its Class C Preferred Stock (effective 2023-05-12).","evidence_excerpt":"on May 12, 2023, the Company entered into a reclassification agreement (the “Agreement”) with the holders of its Class C Preferred Stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/876427/000119312523148287/0001193125-23-148287-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"holders of its Class C Preferred Stock"},{"label":"Effective","value":"2023-05-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}