Jason P. Baab - Jul 31, 2024 Form 4 Insider Report for TORO CO (TTC)

Role: VP, Strategy, Corp Dev & Sust
Signature: /s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol: TTC
Transactions as of: Jul 31, 2024
Transactions value $: $177,076
Form type: 4
Date filed: 8/2/2024, 12:36 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	$255K	+2.67K		$95.73	2.67K	Jul 31, 2024	Direct
transaction	TTC	Common Stock	Tax liability	-$78.1K	-816	-30.61%	$95.73	1.85K	Jul 31, 2024	Direct
holding	TTC	Common Stock						1	Jul 31, 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	-2.67K	-33.33%	$0.00	5.33K	Jul 31, 2024	Common Stock	2.67K		Direct	F2, F3

* 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 his last report: One share acquired through a standard issuer contribution to The Toro Company Retirement Plan ("Retirement Plan"); and 0.003 net shares acquired under the dividend reinvestment feature of the Retirement Plan less quarterly non-discretionary administrative fees.
F2	Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3	The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the July 31, 2023 grant date.