Richard M. Olson - Jun 21, 2024 Form 4 Insider Report for TORO CO (TTC)

Role
Chairman & CEO, Director
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Jun 21, 2024
Transactions value $
-$1,276,300
Form type
4
Date filed
6/25/2024, 06:03 AM
Previous filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $628K +20K +111.65% $31.38 37.9K Jun 21, 2024 Direct
transaction TTC Common Stock Sale -$1.9M -20K -52.75% $95.19 17.9K Jun 21, 2024 Direct
transaction TTC Common Stock Gift $0 -4K -22.33% $0.00 13.9K Jun 24, 2024 Direct F1
holding TTC Common Stock 17.2K Jun 21, 2024 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 165K Jun 21, 2024 Direct F3

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 Non-Qualified Stock Option Options Exercise $0 -20K -100% $0.00* 0 Jun 21, 2024 Common Stock 20K $31.38 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the gift of common stock to a charitable donor-advised fund.
F2 Includes 139.447 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.
F3 Includes 1,334.126 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F4 The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.