[144] Toll Brothers, Inc. SEC Filing

Rhea-AI Filing Summary

Toll Brothers, Inc. (TOL) notice of proposed sale under Rule 144 reports an intended sale of 25,000 common shares through Charles Schwab & Co., Inc. on 08/29/2025 with an aggregate market value of $3,456,384.00. The filing states these shares were acquired on 12/01/2024 by restricted stock lapse as equity compensation and that no securities were sold by the reporting person in the past three months.

The filing includes a certification that the seller is not aware of any undisclosed material adverse information about the issuer. The notice is limited to the proposed sale details and acquisition source; it contains no earnings, governance changes, or other operational disclosures.

Positive

• Shares were acquired via restricted stock lapse, indicating vesting of equity compensation rather than an outside purchase
• No securities sold in the past three months by the reporting person, per the filing

Negative

• Proposed sale of 25,000 common shares with aggregate market value of $3,456,384.00
• Planned sale equals approximately 0.026% of the 96,383,000 shares outstanding (based on figures in the filing)

Insights

Securities Analyst

TL;DR: Insider plans to sell vested equity: 25,000 shares valued at $3.46M, representing a very small fraction of outstanding stock.

The filer intends to sell 25,000 shares acquired via restricted stock lapse on 12/01/2024, to be executed through Charles Schwab on 08/29/2025. Using the filing's figures, the sale equals approximately 0.026% of the 96,383,000 shares outstanding, indicating immaterial supply impact on market capitalization. The notice contains the standard attestation regarding absence of undisclosed material adverse information. No recent sales in the prior three months are reported, which limits immediate pattern concerns.

Corporate Governance Expert

TL;DR: This is a routine Rule 144 disclosure tied to vested equity; it discloses acquisition method and planned sale but no governance or material operational changes.

The form documents that the securities resulted from equity compensation (restricted stock lapse) and that payment was recorded as equity compensation. There is no indication of additional transactions, departures, or governance actions in this filing. The signature attestation is present, as required, but the filing does not provide any information about a trading plan or 10b5-1 adoption date.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Toll Brothers, Inc.	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	25000	3456384.00	96383000	08/29/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/01/2024	Restricted Stock Lapse	Toll Brothers, Inc.			25000	12/01/2024	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Toll Brothers (TOL) disclose?

The filing discloses a proposed sale of 25,000 common shares acquired by restricted stock lapse on 12/01/2024, to be sold via Charles Schwab on 08/29/2025 with aggregate market value $3,456,384.00.

Who is the broker listed for the proposed sale in the TOL Form 144?

The broker named in the filing is Charles Schwab & Co., Inc. with an address shown for Schwab.

Does the filing report any securities sold by the reporting person in the past three months?

No. The filing explicitly states "Nothing to Report" for securities sold during the past three months.

How were the shares acquired according to the Form 144?

The shares were acquired through a restricted stock lapse on 12/01/2024 and the payment type is listed as equity compensation.

Does the Form 144 indicate any undisclosed material information about Toll Brothers?

The filer represents by signature that they do not know of any material adverse information about the issuer that has not been publicly disclosed.