Kevin N. Carpenter - 02 Dec 2024 Form 4 Insider Report for TORO CO (TTC)

Role: VP, Global Ops & Supply Chain
Signature: /s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol: TTC
Transactions as of: 02 Dec 2024
Net transactions value: +$312,496
Form type: 4
Filing time: 03 Dec 2024, 13:34:42 UTC
Previous filing: 24 Jan 2024
Next filing: 19 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$523,989	+6,058	+178%	$86.50	9,468	02 Dec 2024	Direct
transaction	TTC	Common Stock	Tax liability	$211,492	-2,445	-26%	$86.50	7,023	02 Dec 2024	Direct
holding	TTC	Common Stock						1	02 Dec 2024	The Toro Company Retirement Plan	F1

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	TTC	Restricted Stock Units						7,022	02 Dec 2024	Common Stock	7,022		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 0.012 shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F2	Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3	The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on January 23, 2027, which is the third anniversary of the date of grant.