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

Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
31 Jul 2024
Net transactions value
+$177,076
Form type
4
Filing time
02 Aug 2024, 12:36:00 UTC
Previous filing
28 Dec 2023
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $255,192 +2,666 $95.73 2,666 31 Jul 2024 Direct
transaction TTC Common Stock Tax liability $78,116 -816 -31% $95.73 1,850 31 Jul 2024 Direct
holding TTC Common Stock 1 31 Jul 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 -2,666 -33% $0.000000 5,333 31 Jul 2024 Common Stock 2,666 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.