Toll Brothers (TOL) director converts 1,295 RSUs into common stock

Rhea-AI Filing Summary

Toll Brothers, Inc. director Judith A. Reinsdorf reported the settlement of vested equity awards. On January 19, 2026, 1,295 restricted stock units were converted into 1,295 shares of Toll Brothers common stock at a price of $0 per share, reflecting the nature of the award. These restricted stock units had vested 100% on December 19, 2025, and settlement of all related shares occurred on January 19, 2026. Following the transaction, Reinsdorf directly held 1,295 shares of Toll Brothers common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reinsdorf Judith A

(Last) (First) (Middle)

1140 VIRGINIA AVE.

(Street)

FORT WASHINGTON PA 19034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Toll Brothers, Inc. [ TOL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/19/2026		M		1,295	A	$0	1,295	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	01/19/2026		M			1,295	12/19/2025(1)	12/19/2025	Common Stock	1,295	$0	0	D

Explanation of Responses:

1. These restricted stock units vested 100% on December 19, 2025. Settlement of 100% of these shares occurred on January 19, 2026.

	/s/ Michael J. Grubb, attorney-in-fact	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Toll Brothers (TOL) director Judith A. Reinsdorf report?

Judith A. Reinsdorf reported the settlement of 1,295 restricted stock units into 1,295 shares of Toll Brothers common stock on January 19, 2026, at a price of $0 per share.

What does the Form 4 for Toll Brothers (TOL) show about the restricted stock units?

The Form 4 shows that 1,295 restricted stock units vested 100% on December 19, 2025, and were settled in 1,295 common shares on January 19, 2026.

How many Toll Brothers (TOL) shares does Judith A. Reinsdorf own after this Form 4 transaction?

After the reported transaction, Judith A. Reinsdorf beneficially owned 1,295 shares of Toll Brothers common stock in direct ownership form.

What transaction code is used in this Toll Brothers (TOL) Form 4 filing?

The Form 4 uses transaction code M, indicating the conversion or exercise of a derivative security, in this case the conversion of 1,295 restricted stock units into common stock.

Were the Toll Brothers (TOL) restricted stock units settled for cash or shares?

The restricted stock units were settled in shares. All 1,295 restricted stock units were converted into 1,295 shares of common stock on January 19, 2026.

Is the reported Toll Brothers (TOL) transaction a direct or indirect holding for Judith A. Reinsdorf?

The Form 4 indicates that the 1,295 shares of common stock held after the transaction are owned directly by Judith A. Reinsdorf.