Margeaux King - Aug 1, 2024 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Aug 1, 2024
Transactions value $
$214,362
Form type
4
Date filed
8/2/2024, 12:33 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 $394K +4.23K +146.46% $93.17 7.12K Aug 1, 2024 Direct
transaction TTC Common Stock Tax liability -$180K -1.93K -27.1% $93.17 5.19K Aug 1, 2024 Direct
holding TTC Common Stock 1.02 Aug 1, 2024 The Toro Company Retirement Plan F1

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 -4.23K -50% $0.00 4.23K Aug 1, 2024 Common Stock 4.23K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 0.012 shares acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on August 1, 2023, which is the first anniversary of the date of grant.