---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-274495"
form_type: "8-K"
ticker: "MNRO"
cik: "0000876427"
company_name: "MONRO, INC."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:49:43.144246+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monro, Inc. adopts one-year poison pill after Icahn's ~17% stake; trigger at 17.5%

## Summary
- Icahn Enterprises L.P. accumulated ~17% beneficial ownership of Monro common stock, prompting the rights plan.
- Rights Plan expires on Nov 6, 2026; triggers at 17.5% ownership threshold; exercise price $90 per right.
- Each outstanding share will receive one right as of Nov 24, 2025 record date; rights separate after distribution date.
- Upon trigger, rights become exercisable for shares worth twice the exercise price, diluting acquirer.
- Board can redeem rights at $0.01 per right or exchange for common stock before trigger.

## SEC filing metadata
- accession: 0001193125-25-274495
- form_type: 8-K
- ticker: MNRO
- cik: 0000876427
- company_name: MONRO, INC.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876427/000119312525274495/0001193125-25-274495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876427/000119312525274495/d39452d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-274495
- JSON: https://secwatch.observer/filing/0001193125-25-274495.json
- Plain text: https://secwatch.observer/filing/0001193125-25-274495.txt

## Key facts
- Governance Changes
  MONRO, INC.: Certificate of Amendment to the Certificate of Incorporation filed in connection with the Rights Agreement (effective 2025-11-10).
  - Change: charter amendment
  - Effective: 2025-11-10
  source text: the Board approved a Certificate of Amendment to the Certificate of Incorporation of the Company (the “ Certificate of Amendment ”). The Certificate of Amendment was filed with the Department of State of the State of New York and became effective on November 10, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876427/000119312525274495/0001193125-25-274495-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.