Toll Brothers executive files Form 3 holdings
Toll Brothers, Inc. director and President/COO Seth J. Ring filed a Form 3 reporting his initial ownership.
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Form Type
3
Rhea-AI Filing Summary
Toll Brothers, Inc. director and President/COO Seth J. Ring filed a Form 3 reporting his initial ownership. He holds 4,796 shares of common stock directly, plus several restricted stock unit (RSU) awards that convert into common stock at a $0.00 exercise price on future vesting and settlement dates.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Ring Seth J.
Role
President, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 78,983 contracts (Direct);
Common Stock — 4,796 shares (Direct)
Footnotes (5)
- F1. These restricted stock units vest 25% on each of December 1, 2023, 2024, 2025 and 2026. Settlement of 100% of these shares will occur on December 1, 2026.
- F2. These restricted stock units vest 25% on each of December 1, 2025, 2026, 2027 and 2028. Settlement of 100% of these shares will occur on December 1, 2028.
- F3. These restricted stock units vest 25% on each of December 1, 2024, 2025, 2026 and 2027. Settlement of 100% of these shares will occur on December 1, 2027.
- F4. These restricted stock units vest 25% on each of December 1, 2026, 2027, 2028 and 2029. Settlement of 100% of these shares will occur on December 1, 2029.
- F5. These restricted stock units vest 50% on each of March 1, 2026 and 2027. Settlement of 100% of these shares will occur on March 1, 2027.
Key Figures
Direct common stock holdings: 4,796 shares
Largest RSU block: 53,100 underlying shares
RSU block expiring 2026-12-01: 7,484 underlying shares
+4 more
7 metrics
Direct common stock holdings
4,796 shares
Common Stock held directly following reported positions
Largest RSU block
53,100 underlying shares
Restricted Stock Units, exercise price $0.0000, expiration 2027-03-01
RSU block expiring 2026-12-01
7,484 underlying shares
Restricted Stock Units, exercise price $0.0000, expiration 2026-12-01
RSU block expiring 2029-12-01
5,688 underlying shares
Restricted Stock Units, exercise price $0.0000, expiration 2029-12-01
Additional RSU block expiring 2029-12-01
3,648 underlying shares
Restricted Stock Units, exercise price $0.0000, expiration 2029-12-01
RSU block expiring 2027-12-01
4,652 underlying shares
Restricted Stock Units, exercise price $0.0000, expiration 2027-12-01
RSU block expiring 2028-12-01
4,411 underlying shares
Restricted Stock Units, exercise price $0.0000, expiration 2028-12-01
Key Terms
Restricted Stock Units, vest, Settlement, exercise price, +1 more
5 terms
Restricted Stock Units financial
"These restricted stock units vest 25% on each of December 1, 2023, 2024, 2025 and 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"These restricted stock units vest 25% on each of December 1, 2025, 2026, 2027 and 2028."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Settlement financial
"Settlement of 100% of these shares will occur on December 1, 2026."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
exercise price financial
"exercisePrice": "0.0000","expirationDate": "2027-03-01T00:00:00.000Z""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Seth J. Ring report in his Form 3 for TOL?
Seth J. Ring reports his initial ownership as a director and President/COO of Toll Brothers, Inc. (TOL). He holds 4,796 common shares directly and multiple restricted stock unit awards that may settle into additional common shares over time.
What restricted stock unit positions does Seth J. Ring have in TOL?
Seth J. Ring holds several restricted stock unit (RSU) awards tied to Toll Brothers common stock, including positions with 53,100, 7,484, 5,688, 4,652, 4,411 and 3,648 underlying shares, each with a $0.00 exercise price and different expiration dates.
How do Seth J. Ring’s Toll Brothers RSUs vest and settle?
The Form 3 footnotes state that these restricted stock units vest in tranches, typically 25% annually or 50% over two years, with settlement of 100% of the underlying shares on specified future dates such as December 1, 2026, 2027, 2028, 2029 and March 1, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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