Kevin N. Carpenter - 17 Dec 2025 Form 4 Insider Report for TORO CO (TTC)

Role: VP, Global Ops & Supply Chain
Signature: /s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol: TTC
Transactions as of: 17 Dec 2025
Net transactions value: +$35,872
Form type: 4
Filing time: 18 Dec 2025, 16:40:07 UTC
Previous filing: 23 Dec 2024
Next filing: 23 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Carpenter Kevin N	VP, Global Ops & Supply Chain	8111 LYNDALE AVE S, BLOOMINGTON	/s/ Joanna M. Totsky, Attorney-in-Fact	18 Dec 2025	0001897554

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$51,716	+643	+8.1%	$80.43	8,586	17 Dec 2025	Direct	F1
transaction	TTC	Common Stock	Tax liability	$15,845	-197	-2.3%	$80.43	8,389	17 Dec 2025	Direct
holding	TTC	Common Stock						1	17 Dec 2025	The Toro Company Retirement Plan	F2

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
holding	TTC	Restricted Stock Units						7,166	17 Dec 2025	Common Stock	7,166		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the payout of a Performance Share Award for the Fiscal 2023 to Fiscal 2025 Performance Period under The Toro Company 2022 Equity and Incentive Plan, as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 9, 2025, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2025 financial results that were released on December 17, 2025.
F2	Includes 0.021 shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F3	Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F4	The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on January 23, 2027, which is the third anniversary of the date of grant.