AMY E. DAHL - 18 Dec 2024 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
18 Dec 2024
Net transactions value
$0
Form type
4
Filing time
19 Dec 2024, 17:26:27 UTC
Previous filing
22 Mar 2024
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Performance Share Units Award $0 +2,156 +13% $0.000000 18,490 18 Dec 2024 Direct F1, F2
holding TTC Common Stock 20,708 18 Dec 2024 Direct
holding TTC Common Stock 4,051 18 Dec 2024 The Toro Company Retirement Plan 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. The reporting person has deferred the payout of her Performance Share Award under The Toro Company Deferred Compensation Plan for Officers (the "Deferred Plan"), and accordingly, the reporting person's Performance Share Award is paid in performance share units under the Deferred Plan.
F2 Includes 201.938 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of the Deferred Plan.
F3 Includes the following shares of common stock acquired by the reporting person since the date of her last report: 72.189 shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan ("Retirement Plan"); and 32.305 net shares acquired under the dividend reinvestment feature of the Retirement Plan less quarterly non-discretionary administrative fees.