Douglas C. Yearley Jr. - 20 Dec 2025 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Executive Officer, Director
Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
20 Dec 2025
Net transactions value
-$2,052,257
Form type
4
Filing time
23 Dec 2025, 17:00:27 UTC
Previous filing
19 Dec 2025
Next filing
26 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Yearley Douglas C. Jr. Chief Executive Officer, Director 1140 VIRGINIA DRIVE, FORT WASHINGTON /s/ Michael J. Grubb, attorney-in-fact 23 Dec 2025 0001476755

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $0 +33,887 +11% $0.000000 355,514 20 Dec 2025 Direct F1
transaction TOL Common Stock Tax liability $2,052,257 -14,681 -4.1% $139.79 340,833 20 Dec 2025 Direct
transaction TOL Common Stock Gift $0 -19,577 -5.7% $0.000000 321,256 22 Dec 2025 Direct
holding TOL Common Stock 1,547 20 Dec 2025 401(k) Plan
holding TOL Common Stock 500 20 Dec 2025 Trust
holding TOL Common Stock 80,500 20 Dec 2025 By SLAT

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 Performance Based Restricted Stock Units Options Exercise $0 -33,887 -50% $0.000000 33,887 20 Dec 2025 Common Stock 33,887 $0.000000 Direct F1, F2
transaction TOL Restricted Stock Units Award $0 +30,789 $0.000000 30,789 22 Dec 2025 Common Stock 30,789 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The performance requirement was met on December 9, 2022.The service requirement was met on December 20, 2025.
F2 These performance based restricted stock units vested 25% on each of December 20, 2022, 2023, 2024 and 2025. Settlement of 100% of the earned shares occurred on December 22, 2025.
F3 These restricted stock units vest 25% on each of December 1, 2026, 2027, 2028 and 2029. Settlement of 100% of these shares will occur on December 1, 2029.