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

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
Next filing
Dec 19, 2024

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.