secwatch.observer — SEC 8-K summary
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Issuer:     MONRO, INC. (MNRO)
CIK:        0000876427
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001193125-23-215925
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monro shareholders approve board declassification and Class C preferred stock conversion amendments
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- Board declassification amendment filed Aug 17, 2023; directors will stand for one-year terms starting 2024 meeting, fully declassified by 2025.
- Reclassification amendment increases Class C preferred conversion ratio from 23.389 to 61.275 common shares per preferred share, with mandatory conversion on sunset date.
- Liquidation amendment sets Class C preferred liquidation preference at greater of $1.50 per share or amount if converted to common.
- Voting results: 94.35% of common shares represented; declassification approved with 28.7M for (vs. 7.1K against); conversion amendment passed with both common and unaffiliated holder votes.
- PricewaterhouseCoopers ratified as independent auditor for fiscal year ending March 30, 2024 with 28.6M votes for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876427/000119312523215925/0001193125-23-215925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876427/000119312523215925/d324707d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-215925

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