Robert Parahus - 19 Dec 2024 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
President & COO
Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
19 Dec 2024
Net transactions value
-$251,653
Form type
4
Filing time
23 Dec 2024, 16:09:32 UTC
Previous filing
13 Dec 2024
Next filing
22 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $0 +4,876 +18% $0.000000 31,529 21 Dec 2024 Direct F1
transaction TOL Common Stock Tax liability $251,653 -2,006 -6.4% $125.45 29,523 21 Dec 2024 Direct

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 TOL Restricted Stock Units Award $0 +8,885 $0.000000 8,885 19 Dec 2024 Common Stock 8,885 $0.000000 Direct F2
transaction TOL Performance Based Restricted Stock Units Options Exercise $0 -4,876 -100% $0.000000 0 21 Dec 2024 Common Stock 4,876 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The performance requirement was met on December 2, 2021. The service requirement was met on December 21, 2024.
F2 These restricted stock units vest 25% on each of December 1, 2025, 2026, 2027 and 2028. Settlement of 100% of these shares will occur on December 1, 2028.
F3 These performance based restricted stock units vested 25% on each of December 21, 2021, 2022, 2023 and 2024. Settlement of 100% of the earned shares occurred on December 21, 2024.