Edric C. Funk - Nov 1, 2024 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Golf, Grounds & Irr
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Nov 1, 2024
Transactions value $
-$35,371
Form type
4
Date filed
11/4/2024, 04:06 PM
Previous filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $61.6K +755 $81.50 755 Nov 1, 2024 Direct
transaction TTC Common Stock Tax liability -$35.4K -434 -57.47% $81.50 321 Nov 1, 2024 Direct
holding TTC Performance Share Units 1.06K Nov 1, 2024 Direct F1
holding TTC Common Stock 4.86K Nov 1, 2024 The Toro Company Retirement Plan F2

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
transaction TTC Restricted Stock Units Options Exercise -$61.6K -755 -49.97% $81.50 756 Nov 1, 2024 Common Stock 755 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4.604 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F2 Includes 43.447 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less non-discretionary quarterly administrative fees.
F3 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F4 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date.