Kurt D. Svendsen - 20 Dec 2023 Form 4 Insider Report for TORO CO (TTC)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Performance Share Units	Award	$0	+2,483	+107%	$0.000000	4,794	20 Dec 2023	Direct	F1, F2
holding	TTC	Common Stock						10,752	20 Dec 2023	Direct	F3
holding	TTC	Common Stock						11,065	20 Dec 2023	The Toro Company Retirement Plan	F4

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

Id	Content
F1	Represents the payout of a Performance Share Award for the Fiscal 2021 to Fiscal 2023 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 12, 2023, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2023 financial results that were released on December 20, 2023. The reporting person has deferred the payout of his 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 23.872 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 112.034 shares of common stock 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.
F4	Includes 114.291 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.