Angela C. Drake - 11 Mar 2024 Form 4 Insider Report for TORO CO (TTC)

Role
VP & CFO
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
11 Mar 2024
Net transactions value
+$115,111
Form type
4
Filing time
13 Mar 2024, 06:12:32 UTC
Previous filing
28 Dec 2023
Next filing
19 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $233,246 +2,630 +56% $88.69 7,296 11 Mar 2024 Direct
transaction TTC Common Stock Tax liability $118,135 -1,332 -18% $88.69 5,964 11 Mar 2024 Direct
holding TTC Common Stock 103 11 Mar 2024 The Toro Company Retirement Plan F1
holding TTC Performance Share Units 730 11 Mar 2024 Direct F2

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 -2,630 -33% $0.000000 5,261 11 Mar 2024 Common Stock 2,630 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes the following shares of common stock acquired by the reporting person since the date of her last report: 11.728 shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan (the "Retirement Plan"); and 0.3600 shares acquired under the dividend reinvestment feature of the Retirement Plan.
F2 Includes 2.872 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F3 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F4 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 10, 2023 grant date.