Kurt D. Svendsen - Mar 1, 2024 Form 4 Insider Report for TORO CO (TTC)

Role: VP, Technology
Signature: /s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol: TTC
Transactions as of: Mar 1, 2024
Transactions value $: $26,933
Form type: 4
Date filed: 3/5/2024, 03:20 PM
Previous filing: Dec 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$42.1K	+458	+4.24%	$92.05	11.3K	Mar 1, 2024	Direct	F1
transaction	TTC	Common Stock	Tax liability	-$15.2K	-165	-1.47%	$92.05	11.1K	Mar 1, 2024	Direct
holding	TTC	Common Stock						11.1K	Mar 1, 2024	The Toro Company Retirement Plan	F2
holding	TTC	Performance Share Units						4.81K	Mar 1, 2024	Direct	F3

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	TTC	Restricted Stock Units	Options Exercise	$0	-458	-33.58%	$0.00	905	Mar 1, 2024	Common Stock	458		Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	Includes 42.478 shares 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.
F2	Includes 44.003 net shares acquired under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.
F3	Includes 18.925 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.
F4	Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F5	The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the March 1, 2023 grant date.