Martin P. Connor - 01 Dec 2023 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role: Chief Financial Officer
Signature: /s/ Michael J. Grubb, attorney-in-fact
Issuer symbol: TOL
Transactions as of: 01 Dec 2023
Net transactions value: -$440,272
Form type: 4
Filing time: 05 Dec 2023, 16:15:18 UTC
Previous filing: 01 Sep 2023
Next filing: 08 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOL	Common Stock	Options Exercise	$0	+12,642	+30%	$0.000000	55,056	01 Dec 2023	Direct
transaction	TOL	Common Stock	Tax liability	$440,272	-5,126	-9.3%	$85.89	49,930	01 Dec 2023	Direct

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	Restricted Stock Units	Options Exercise	$0	-12,642	-100%	$0.000000^*	0	01 Dec 2023	Common Stock	12,642	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted stock units vested 25% on each December 1, 2020, 2021, 2022 and 2023. Settlement of 100% of these shares occurred on December 1, 2023.