Martin P. Connor - 20 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: 20 Dec 2023
Net transactions value: -$1,317,682
Form type: 4
Filing time: 22 Dec 2023, 16:18:41 UTC
Previous filing: 19 Dec 2023
Next filing: 30 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOL	Common Stock	Sale	$1,317,682	-12,892	-19%	$102.21	54,721	21 Dec 2023	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	Restricted Stock Units	Award	$0	+10,845		$0.000000	10,845	20 Dec 2023	Common Stock	10,845	$0.000000	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 $102.01 to $102.44. 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	These restricted stock units vest 25% on each of December 1, 2024, 2025, 2026 and 2027. Settlement of 100% of these shares will be on December 1, 2027.