MONRO, INC. — Major Shareholding Notification 2025

Nov 7, 2025

xml version="1.0" encoding="UTF-8"? SCHEDULE 13D/A 0000807249-25-000101 0000807249 XXXXXXXX LIVE 1 Common Stock, par value $0.01 per share 11/06/2025 false 0000876427 610236101 MONRO, INC. 295 WOODCLIFF DRIVE, SUITE 202 295 WOODCLIFF DRIVE, SUITE 202 FAIRPORT NY 14450 DAVID GOLDMAN 914-921-5000 191 MASON STREET GREENWICH CT 06830 0000807249 N GAMCO INVESTORS, INC. ET AL WC N NY 400.00 0.00 400.00 0.00 400.00 Y 0.0 CO HC 0001081407 N GABELLI FUNDS LLC OO N NY 213000.00 0.00 213000.00 0.00 213000.00 N 0.7 CO IA 0001460612 N GAMCO Asset Management Inc. OO N NY 1406375.00 0.00 1440675.00 0.00 1440675.00 N 4.8 CO IA N GABELLI FOUNDATION, INC. WC N NV 80000.00 0.00 80000.00 0.00 80000.00 N 0.3 OO N MJG ASSOCIATES, INC. OO N CT 27400.00 0.00 27400.00 0.00 27400.00 N 0.1 CO 0001444874 N Teton Advisors, Inc. OO N DE 50000.00 0.00 50000.00 0.00 50000.00 N 0.2 CO IA 0001238894 N GGCP, INC. WC N WY 0.00 0.00 0.00 0.00 0.00 Y 0.0 CO HC 0001642122 N Associated Capital Group, Inc. WC N DE 0.00 0.00 0.00 0.00 0.00 Y 0.0 CO HC 0001185533 N GABELLI MARIO J PF N X1 400.00 0.00 400.00 0.00 400.00 Y 0.0 IN Common Stock, par value $0.01 per share MONRO, INC. 295 WOODCLIFF DRIVE, SUITE 202 295 WOODCLIFF DRIVE, SUITE 202 FAIRPORT NY 14450 This statement is being filed by one or more of the following persons: GGCP, Inc. (GGCP), GGCP Holdings LLC (GGCP Holdings), GAMCO Investors, Inc. (GBL), Associated Capital Group, Inc. (AC), Gabelli Funds, LLC (Gabelli Funds), GAMCO Asset Management Inc. (GAMCO), Teton Advisors, LLC (Teton Advisors), Keeley-Teton Advisors, LLC (Keeley-Teton), Gabelli & Company Investment Advisers, Inc. (GCIA), Morgan Group Holding Co., (MGH), G.research, LLC (G.research), MJG Associates, Inc. (MJG Associates), Gabelli Securities International (Bermuda) Limited (GSIL), Gabelli Foundation, Inc. (Foundation), Mario Gabelli, LICT and CIBL. Those of the foregoing persons signing this Schedule 13D are hereinafter referred to as the Reporting Persons. GAMCO is a New York corporation and GBL and MGH are Delaware corporations, each having its principal business office at One Corporate Center, Rye, New York 10580. GGCP is a Wyoming corporation and AC and GCIA are Delaware corporations each having its principal business office 191 Mason Street, Greenwich, CT 06830. GGCP Holdings is a Delaware limited liability corporation having its principal business office at 191 Mason Street, Greenwich, CT 06830. G.research is a Delaware limited liability company having its principal officers at One Corporate Center, Rye, New York 10580. Gabelli Funds is a New York limited liability company having its principal business office at One Corporate Center, Rye, New York 10580. Teton Advisors is a Delaware limited liability company having its principal place of business at 189 Mason Street, Greenwich, CT 06830. Keeley-Teton Advisors is a Delaware limited liability company having its principal place of business at 141 W. Jackson Blvd., Chicago, IL 60604. MJG Associates is a Connecticut corporation having its principal business office at 191 Mason Street, Greenwich, CT 06830. The Foundation is a Nevada corporation having its principal offices at 165 West Liberty Street, Reno, Nevada 89501. LICT is a Delaware corporation having its principal place of business as 401 Theodore Fremd Avenue, Rye, New York 10580. CIBL, Inc. is a Delaware corporation having its principal place of business as 165 West Liberty Street, Suite 220, Reno, NV 89501. Not applicable. Not applicable. United States The Reporting Persons used an aggregate of approximately $5,992,605 to purchase the additional Securities reported as beneficially owned in Item 5 since the most recently filing on Schedule 13D. GAMCO and Gabelli Funds used approximately $3,786,654 and $129,343, respectively, of funds that were provided through the accounts of certain of their investment advisory clients (and, in the case of some of such accounts at GAMCO, may be through borrowings from client margin accounts) in order to purchase the additional Securities for such clients. Foundation used approximately $586,053 of working capital to purchase the additional Securities reported by it. MJG Associates used approximately $59,466 of client funds to purchase the additional Securities reported by it. Teton Advisors used approximately $1,431,089 of client funds to purchase the additional Securities reported by it. The Reporting Persons file the long form Schedule 13D pursuant to Section 13d-1 of the Securities Exchange Act of 1934 (the "Act") even though they may be technically eligible to file the short form Schedule G. Because the Reporting Persons may regularly communicate with the Issuer's management, filing the Schedule 13D ensures that these conversations are compliant with the reporting obligations under the Exchange Act. The aggregate number of Securities to which this Schedule 13D relates is 1,811,875 shares, representing 6.04% of the 30,019,660 shares outstanding as reported by the Issuer in their most recently filed Form 10-Q for the quarterly period ended September 27, 2025. The Reporting Persons beneficially own those Securities as follows: GAMCO 1,440,675 shares 4.80%, Gabelli Funds 213,000 shares 0.71%, Foundation 80,000 shares 0.27%, GBL 400 shares 0.00%, MJG Associates 27,400 shares, 0.09%, Mario Gabelli 400 shares 0.00% and Teton Advisors 50,000 shares 0.17%. Each of the Reporting Persons and Covered Persons has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the Securities reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be, except that (i) GAMCO does not have authority to vote 34,300 of the reported shares, (ii) Gabelli Funds has sole dispositive and voting power with respect to the shares of the Issuer held by the Funds so long as the aggregate voting interest of all joint filers does not exceed 25% of their total voting interest in the Issuer and, in that event, the Proxy Voting Committee of each Fund shall respectively vote that Funds shares, (iii) at any time, the Proxy Voting Committee of each such Fund may take and exercise in its sole discretion the entire voting power with respect to the shares held by such fund under special circumstances such as regulatory considerations, and (iv) the power of Mario Gabelli, AC, GBL, and GGCP is indirect with respect to Securities beneficially owned directly by other Reporting Persons. Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons and Covered Persons is set forth below: DATE SHARES PURCHASED PRICE /SOLD GABELLI FOUNDATION, INC. 11/6/2025 10,000 17.2000 11/5/2025 24,000 17.2522 GABELLI FUNDS, LLC GAMCO ACV SICAV 11/6/2025 800 17.5000 GABELLI ASSET FUND 10/29/2025 -8,100 14.0533 10/6/2025 -4,900 18.2933 9/16/2025 5,000 18.1764 GABELLI DIVIDEND & INCOME TRUST 10/31/2025 -20,000 14.1065 10/29/2025 -10,000 14.0533 10/23/2025 -8,000 18.1000 10/22/2025 3,000 18.4296 10/21/2025 3,100 18.0919 10/6/2025 -8,100 18.2933 10/1/2025 10,000 18.2441 9/22/2025 3,000 18.0463 9/19/2025 4,000 17.8998 9/17/2025 5,000 18.1213 9/16/2025 5,000 18.1764 9/11/2025 5,000 17.4833 9/10/2025 5,000 16.6651 GABELLI GLOBAL UTILITY & INCOME TRUST 11/6/2025 4,000 17.1700 GAMCO ASSET MANAGEMENT INC. 11/6/2025 4,000 17.1149 11/6/2025 12,500 17.3010 11/5/2025 -25 17.5000 11/5/2025 3,000 17.6380 11/5/2025 6,800 17.6737 11/5/2025 20,000 17.7208 11/5/2025 4,000 17.7800 11/5/2025 76,650 17.8151 11/5/2025 1,500 17.8300 11/3/2025 200 14.4600 11/3/2025 500 14.6500 10/31/2025 13,200 13.9847 10/31/2025 800 14.2500 10/31/2025 1,000 14.2790 10/30/2025 4,000 14.7742 10/29/2025 6,800 13.9876 10/29/2025 500 14.0762 10/29/2025 400 14.2010 10/29/2025 17,100 14.2711 10/29/2025 1,000 14.3629 10/29/2025 15 15.1100 10/28/2025 -300 18.1226 10/24/2025 -500 18.1718 10/22/2025 -2,300 18.1205 10/21/2025 -400 18.3400 10/21/2025 400 18.4178 10/20/2025 -500 17.8600 10/10/2025 -1,500 16.1502 10/9/2025 -2,000 16.9671 9/26/2025 -1,100 18.6800 9/25/2025 -2,000 18.1072 9/18/2025 -300 17.8998 9/15/2025 -600 17.5751 9/15/2025 500 17.5860 9/12/2025 500 17.4150 9/11/2025 -200 16.9100 9/11/2025 -2,250 17.6050 9/10/2025 2,000 16.7400 9/9/2025 21 17.7444 9/9/2025 16 17.7445 MJG ASSOCIATES, INC. 10/29/2025 4,000 14.8666 TETON ADVISORS, INC. 10/7/2025 3,000 17.6926 9/24/2025 4,000 18.1051 9/10/2025 3,000 16.4853 The investment advisory clients of, or partnerships managed by, GAMCO, Gabelli Funds, Teton Advisors and MJG Associates have the sole right to receive and, subject to the notice, withdrawal and/or termination provisions of such advisory contracts and partnership arrangements, the sole power to direct the receipt of dividends from, and the proceeds of sale of, any of the Securities beneficially owned by such Reporting Persons on behalf of such clients or partnerships. Except as noted, no such client or partnership has an interest by virtue of such relationship that relates to more than 5% of the Securities. Not applicable. GAMCO INVESTORS, INC. ET AL PETER D. GOLDSTEIN GENERAL COUNSEL 11/07/2025 GABELLI FUNDS LLC DAVID GOLDMAN GENERAL COUNSEL 11/07/2025 GAMCO Asset Management Inc. DOUGLAS R. JAMIESON PRESIDENT 11/07/2025 GABELLI FOUNDATION, INC. DAVID GOLDMAN ATTORNEY-IN-FACT 11/07/2025 MJG ASSOCIATES, INC. DAVID GOLDMAN ATTORNEY-IN-FACT 11/07/2025 Teton Advisors, Inc. DAVID GOLDMAN COUNSEL 11/07/2025 GGCP, INC. DAVID GOLDMAN ATTORNEY-IN-FACT 11/07/2025 Associated Capital Group, Inc. PETER D. GOLDSTEIN CHIEF LEGAL OFFICER 11/07/2025 GABELLI MARIO J DAVID GOLDMAN ATTORNEY-IN-FACT 11/07/2025