Douglas C. Yearley Jr. - 04 Mar 2024 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Executive Officer, Director
Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
04 Mar 2024
Net transactions value
-$4,300,101
Form type
4
Filing time
05 Mar 2024, 16:03:28 UTC
Previous filing
22 Dec 2023
Next filing
26 Aug 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 Options Exercise $1,642,500 +50,000 +14% $32.85 396,382 04 Mar 2024 Direct
transaction TOL Common Stock Sale $5,429,626 -45,701 -12% $118.81 350,681 04 Mar 2024 Direct F1
transaction TOL Common Stock Sale $512,975 -4,299 -1.2% $119.32 346,382 04 Mar 2024 Direct F2
holding TOL Common Stock 1,547 04 Mar 2024 401(k) Plan
holding TOL Common Stock 500 04 Mar 2024 Trust
holding TOL Common Stock 80,500 04 Mar 2024 By SLAT

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 Stock Options (Right to Buy) Options Exercise $0 -50,000 -36% $0.000000 87,584 04 Mar 2024 Common Stock 50,000 $32.85 Direct F3
* 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 $118.20 to $119.19. 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 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 $119.20 to $119.50. 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.
F3 Vested 25% on 12/18/2016, 2017, 2018 and 2019. Exercisable as of vesting date.