TOL Form 144: 2,500 shares from restricted stock lapse to be sold via Schwab

Rhea-AI Filing Summary

Toll Brothers, Inc. (TOL) filing reports a proposed sale of 2,500 common shares through Charles Schwab & Co., Inc., with an approximate aggregate market value of $346,783. The shares were acquired on 01/18/2025 by restricted stock lapse and are identified as equity compensation; the approximate sale date is 09/02/2025 on the NYSE. The filing lists 96,383,000 shares outstanding and discloses no securities sold by the reporting person in the past three months. The notice includes the standard representation that the seller is unaware of any undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Small insider sale reported: 2,500 shares (~$347k) from equity compensation, scheduled for September 2, 2025; appears routine and non-material.

The filing shows a routine Rule 144 notice for 2,500 shares acquired via restricted stock lapse on 01/18/2025 and intended to be sold through Charles Schwab on the NYSE. Relative to the 96.383 million shares outstanding, the proposed sale is immaterial in size and valuation, suggesting limited market impact. No prior sales in the last three months are reported, and payment was by equity compensation. Based solely on the disclosure, this is a standard insider liquidity event rather than a signal of company-level issues.

Corporate Governance Expert

TL;DR: Disclosure complies with Rule 144 mechanics; includes required certification and broker details, with no material red flags in the notice.

The form provides required filer and transaction details: broker name and address, acquisition date and method (restricted stock lapse), and the seller's attestation about material undisclosed information. The absence of recent sales and the clear equity-compensation origin of the shares align with expected governance and insider reporting practices. There is no indication in the filing of any compliance or disclosure failures.

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

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	2500	346783.00	96383000	09/02/2025	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	01/18/2025	Restricted Stock Lapse	Toll Brothers, Inc.			2500	01/18/2025	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 did Toll Brothers' Form 144 (TOL) report?

The Form 144 reports a proposed sale of 2,500 common shares of Toll Brothers, with an aggregate market value of $346,783, to be sold via Charles Schwab on 09/02/2025.

How were the shares acquired that are being sold under the Form 144?

The shares were acquired on 01/18/2025 through a restricted stock lapse, and payment is listed as equity compensation.

How large is the proposed sale relative to Toll Brothers' outstanding shares?

The company has 96,383,000 shares outstanding; the proposed sale of 2,500 shares is immaterial relative to that total.

Were there any sales by the reporting person in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

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

By signing the notice, the reporting person represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.