Kurt D. Svendsen - 03 Mar 2025 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Technology
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
03 Mar 2025
Net transactions value
-$13,007
Form type
4
Filing time
04 Mar 2025, 15:20:44 UTC
Previous filing
23 Dec 2024
Next filing
27 Jun 2025
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 $36,040 +466 +4.1% $77.42 11,748 03 Mar 2025 Direct F1
transaction TTC Common Stock Tax liability $13,007 -168 -1.4% $77.42 11,580 03 Mar 2025 Direct
holding TTC Performance Share Units 5,841 03 Mar 2025 Direct F2
holding TTC Common Stock 11,303 03 Mar 2025 The Toro Company Retirement Plan F3

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 $36,040 -466 -50% $77.42 467 03 Mar 2025 Common Stock 466 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 54.905 shares acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.
F2 Includes 28.190 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.
F3 Includes 54.469 net shares acquired under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.
F4 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F5 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 March 1, 2023 grant date.