SCHEDULE: Adage Capital Management Discloses Monro Stake

Adage Capital Management, L.P. and its principals have reported beneficial ownership of over 5% of Monro, Inc. common stock as of March 31, 2026.

Summary

• Adage Capital Management, L.P. (ACM), along with Robert Atchinson and Phillip Gross, has filed a Schedule 13G indicating beneficial ownership of 1,548,270 shares of Monro, Inc. common stock.
• This holding represents 5.16% of the company's outstanding common stock as of January 16, 2026.
• The filing was made on May 13, 2026, with the event requiring the filing occurring on March 31, 2026.
• The reporting persons are identified as investment managers and individuals involved in the management of ACM and its related entities.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a standard disclosure of beneficial ownership exceeding 5% and does not contain operational or financial performance data for Monro, Inc.

Risks

• The filing does not contain information about specific risks related to Monro, Inc. or Adage Capital Management's investment strategy beyond the standard disclosure that the securities were not acquired for the purpose of influencing control.

Future Outlook

The filing does not contain any forward-looking statements or guidance from Monro, Inc. or Adage Capital Management regarding future performance or strategy.

Management Comments

• "The filing of this statement should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein."
• "I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Adage Capital Management indicates a significant institutional investor has taken a notable position in Monro, Inc., a company operating in the automotive aftermarket services sector. Such filings often precede or coincide with shifts in investor sentiment or strategic actions by the company.

Stakeholder Impact

• Shareholders: The filing signals increased institutional interest in Monro, Inc., which could potentially influence share price and corporate strategy.
• Management of Monro, Inc.: The acquisition of a significant stake by an investment manager may lead to increased scrutiny or engagement regarding company performance and strategy.

Next Steps

• Adage Capital Management, L.P. will file any subsequent amendments to this statement on Schedule 13G.
• Each reporting person is responsible for the timely filing of such amendments and for the completeness and accuracy of the information concerning him or it, but not for the others, except to the extent they know or have reason to believe information is inaccurate.

Key Dates

Keywords

Monro, Inc., Schedule 13G, Adage Capital Management, Beneficial Ownership, SEC Filing, Investment Management, Common Stock, 5% Stake