Icahn Carl C - Nov 3, 2025 Form 3 Insider Report for MONRO, INC. (MNRO)

Role
10%+ Owner
Signature
CARL C. ICAHN /s/ Carl C. Icahn
Stock symbol
MNRO
Transactions as of
Nov 3, 2025
Transactions value $
$0
Form type
3
Date filed
11/5/2025, 08:00 AM
Previous filing
Sep 26, 2025
Next filing
Nov 5, 2025

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
ICAHN CARL C 10%+ Owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH CARL C. ICAHN /s/ Carl C. Icahn 2025-11-05 0000921669
ICAHN PARTNERS LP 10%+ Owner 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH ICAHN PARTNERS LP, /s/ Jesse Lynn, Chief Operating Officer 2025-11-05 0001313666
ICAHN PARTNERS MASTER FUND LP 10%+ Owner 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH ICAHN PARTNERS MASTER FUND LP, /s/ Jesse Lynn, Chief Operating Officer 2025-11-05 0001322827

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MNRO Common Stock, $0.01 par value per share 3.8M Nov 3, 2025 Please see footnotes F1, F2, F3, F4, F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MNRO Cash-settled swap Nov 3, 2025 Common Stock 4.95M Please see footnotes F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 3 is being filed by, and on behalf of, Mr. Carl C. Icahn, Icahn Partners LP ("Icahn Partners") and Icahn Partners Master Fund LP ("Icahn Master" and, collectively with Mr. Icahn and Icahn Partners, the "Reporting Persons").
F2 Beckton Corp. ("Beckton") is the sole stockholder of Icahn Enterprises G.P. Inc. ("Icahn Enterprises GP"), which is the general partner of Icahn Enterprises Holdings L.P. ("Icahn Enterprises Holdings"). Icahn Enterprises Holdings is the sole member of IPH GP LLC ("IPH"), which is the general partner of Icahn Capital LP ("Icahn Capital"). Icahn Capital is the general partner of each of Icahn Onshore LP ("Icahn Onshore") and Icahn Offshore LP ("Icahn Offshore"). Icahn Onshore is the general partner of Icahn Partners. Icahn Offshore is the general partner of Icahn Master.
F3 Beckton is 100 percent owned by Mr. Icahn. As such, Mr. Icahn is in a position indirectly to determine the investment and voting decisions made by each of Icahn Partners and Icahn Master.
F4 Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under Securities Exchange Act of 1934, as amended), the common stock, $0.01 par value per share (the "Shares"), of Monro, Inc. which Icahn Partners owns. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein, if any.
F5 Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn may be deemed to indirectly beneficially own the Shares which Icahn Master owns. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein, if any.
F6 As of November 3, 2025, Icahn Partners directly beneficially owns 2,131,848 Shares and Icahn Master directly beneficially owns 1,668,593 Shares.
F7 Reflects cash-settled swap agreements entered into by Icahn Partners and Icahn Master with Nomura Global Financial Products Inc. with respect to 2,826,413 Shares and 2,120,112 Shares, respectively, with reference prices and maturity dates that vary depending upon the terms of each such cash-settled swap. All payments under the cash-settled swaps will be settled in cash. The cash-settled swaps do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of Issuer and accordingly, the Reporting Persons disclaim any beneficial ownership in Shares referenced by such cash-settled swaps.