Richard M. Olson - 21 Jun 2024 Form 4 Insider Report for TORO CO (TTC)

Role
Chairman & CEO, Director
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
21 Jun 2024
Net transactions value
-$1,276,300
Form type
4
Filing time
25 Jun 2024, 06:03:13 UTC
Previous filing
04 Jan 2024
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 $627,500 +20,000 +112% $31.38 37,913 21 Jun 2024 Direct
transaction TTC Common Stock Sale $1,903,800 -20,000 -53% $95.19 17,913 21 Jun 2024 Direct
transaction TTC Common Stock Gift $0 -4,000 -22% $0.000000 13,913 24 Jun 2024 Direct F1
holding TTC Common Stock 17,228 21 Jun 2024 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 165,335 21 Jun 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 Non-Qualified Stock Option Options Exercise $0 -20,000 -100% $0.000000* 0 21 Jun 2024 Common Stock 20,000 $31.38 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the gift of common stock to a charitable donor-advised fund.
F2 Includes 139.447 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.
F3 Includes 1,334.126 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 The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.