Richard M. Olson - Dec 18, 2024 Form 4 Insider Report for TORO CO (TTC)

Role
Chairman & CEO, Director
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Dec 18, 2024
Transactions value $
$619,454
Form type
4
Date filed
12/19/2024, 05:20 PM
Previous filing
Jun 25, 2024
Next filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $1.14M +14K +100.55% $81.40 27.9K Dec 18, 2024 Direct F1
transaction TTC Common Stock Tax liability -$519K -6.38K -22.86% $81.40 21.5K Dec 18, 2024 Direct
holding TTC Common Stock 17.4K Dec 18, 2024 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 167K Dec 18, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the payout of a Performance Share Award for the Fiscal 2022 to Fiscal 2024 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated, as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 10, 2024, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2024 financial results that were released on December 18, 2024.
F2 Includes 143.009 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 quarterly non-discretionary administrative fees.
F3 Includes 1,374.357 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.