PAUL E. SHAPIRO - 05 Sep 2025 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Director
Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
05 Sep 2025
Net transactions value
-$437,624
Form type
4
Filing time
08 Sep 2025, 16:15:38 UTC
Previous filing
12 Mar 2025
Next filing
23 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SHAPIRO PAUL E Director 1140 VIRGINIA DRIVE, FORT WASHINGTON /s/ Michael J. Grubb, attorney-in-fact 08 Sep 2025 0001191311

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $125,224 +3,812 +3.2% $32.85 122,565 05 Sep 2025 Direct
transaction TOL Common Stock Sale $562,848 -3,812 -3.1% $147.65 118,753 05 Sep 2025 Direct 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
transaction TOL Stock Options (Right to Buy) Options Exercise $0 -3,812 -100% $0.000000 0 05 Sep 2025 Common Stock 3,812 $32.85 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $147.56 to $147.68. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Vested 50% on 12/18/2016 and 2017. Exercisable as of the vesting date.