Douglas C. Yearley Jr. - Mar 4, 2024 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Executive Officer, Director
Signature
/s/ Michael J. Grubb, attorney-in-fact
Stock symbol
TOL
Transactions as of
Mar 4, 2024
Transactions value $
-$4,300,101
Form type
4
Date filed
3/5/2024, 04:03 PM
Previous filing
Dec 22, 2023
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $1.64M +50K +14.43% $32.85 396K Mar 4, 2024 Direct
transaction TOL Common Stock Sale -$5.43M -45.7K -11.53% $118.81 351K Mar 4, 2024 Direct F1
transaction TOL Common Stock Sale -$513K -4.3K -1.23% $119.32 346K Mar 4, 2024 Direct F2
holding TOL Common Stock 1.55K Mar 4, 2024 401(k) Plan
holding TOL Common Stock 500 Mar 4, 2024 Trust
holding TOL Common Stock 80.5K Mar 4, 2024 By SLAT

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 Stock Options (Right to Buy) Options Exercise $0 -50K -36.34% $0.00 87.6K Mar 4, 2024 Common Stock 50K $32.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $118.20 to $119.19. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $119.20 to $119.50. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Vested 25% on 12/18/2016, 2017, 2018 and 2019. Exercisable as of vesting date.