Kevin N. Carpenter - Dec 18, 2024 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Global Ops & Supply Chain
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Dec 18, 2024
Transactions value $
$74,925
Form type
4
Date filed
12/19/2024, 05:21 PM
Previous filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $108K +1.33K +18.9% $81.44 8.35K Dec 18, 2024 Direct F1
transaction TTC Common Stock Disposed to Issuer -$33.1K -407 -4.87% $81.44 7.94K Dec 18, 2024 Direct
holding TTC Common Stock 1.03 Dec 18, 2024 The Toro Company Retirement Plan

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 7.02K Dec 18, 2024 Common Stock 7.02K Direct F2, 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 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3 The restricted stock units vest and become non-forfeitable in full on January 23, 2027, which is the third anniversary of the date of grant.