Every Form 4 that Toll Brothers, Inc. (TOL) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow TOL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TOL filings page.
Toll Brothers President & COO Robert Parahus reported a sale of 7,500 shares of common stock at $149.66 per share on June 18, 2026. The transaction is described as an open-market sale, and a footnote notes the shares were contributed to an exchange fund in exchange for fund shares. After this disposition, he directly owns 23,457 Toll Brothers shares.
Toll Brothers Executive Chairman Douglas C. Yearley Jr. exercised stock options and sold the resulting shares on the same day. He exercised 77,957 shares of common stock at $31.6100 per share through a stock option grant, then sold 77,957 shares of common stock in an open-market transaction at a volume-weighted average price of $156.5783 per share, with individual sale prices ranging from $156.50 to $156.945.
Following these transactions, he directly holds 321,256 shares of Toll Brothers common stock. He also reports indirect ownership of 80,500 shares through a SLAT, 500 shares in a trust, and 1,547 shares in a 401(k) Plan. The option grant exercised on this date is now fully used, with 0 derivative options remaining from that award.
Toll Brothers director Stephen F. East reported an open‑market sale of 1,000 shares of the company’s common stock at $139.70 per share. After this transaction, he directly holds 13,442 Toll Brothers shares, according to the Form 4 filing.
Toll Brothers, Inc. director John A. McLean exercised stock options for 2,313 shares of common stock at a price of $31.61 per share and received the underlying shares. He then sold 2,313 common shares in an open-market transaction at a volume-weighted average price of $153.4322 per share, with actual sale prices ranging from $153.40 to $153.59. After these transactions, he directly owned 17,369 Toll Brothers common shares.
Toll Brothers, Inc. Chief Executive Officer Douglas C. Yearley Jr. reported exercising stock options and selling common shares. He exercised stock options for 27,014 shares of common stock at an exercise price of $31.61 per share, classified as an exercise or conversion of a derivative security.
On the same date, he sold 27,014 shares of Toll Brothers common stock in an open-market transaction at a volume-weighted average price of $159.1511 per share, with actual sale prices ranging from $159.00 to $159.46 as noted in the footnote. Following these transactions, he owned 321,256 shares of common stock directly and held 77,957 stock options directly.
He also reported indirect holdings of 1,547 common shares through a 401(k) plan, 500 shares held in a trust, and 80,500 shares held by a SLAT, reflecting additional beneficial interests associated with his position.
Toll Brothers Chief Executive Officer Douglas C. Yearley, Jr. exercised stock options and sold shares of company stock. On February 24, 2026, he exercised options for 45,116 shares at an exercise price of $31.61 per share, converting them into common stock.
That same day, he sold 43,013 shares of common stock at a volume-weighted average price of $160.392 per share and an additional 2,103 shares at a volume-weighted average price of $161.0403 per share in open-market transactions. After these transactions, he directly owned 321,256 shares of Toll Brothers common stock and also had indirect holdings through a 401(k) plan, a trust, and a SLAT.
Toll Brothers, Inc. Chief Financial Officer Gregg L. Ziegler reported equity award activity involving restricted stock units and common stock on January 31, 2026. A total of 4,897 restricted stock units were exercised at $0 and converted into common shares, leaving no restricted stock units outstanding.
Following these transactions, Ziegler directly held 20,088 shares of common stock. On the same date, 2,015 common shares were disposed of at $144.49 per share. He also reported indirect holdings of common stock, including 140.7853 shares in a 401(k) plan, 219.9130 shares in an IRA, 109.9560 shares in a Roth IRA, and 40.6850 shares held by his spouse. The filing notes that these restricted stock units vested 50% on each of January 31, 2025 and 2026, with settlement of all related shares occurring on February 2, 2026.
Toll Brothers, Inc. director Scott D. Stowell reported the settlement of previously granted equity awards. On January 19, 2026, 1,521 restricted stock units were converted into 1,521 shares of common stock at an exercise price of $0, reflecting the vesting and settlement of a stock-based compensation award. According to the filing, these restricted stock units had vested 100% on December 19, 2025, with settlement occurring on January 19, 2026. Following this transaction, Stowell directly beneficially owned 6,613 shares of Toll Brothers common stock.
Toll Brothers director reports vesting and settlement of stock units
Director Paul E. Shapiro reported the conversion of 1,655 restricted stock units of Toll Brothers, Inc. into 1,655 shares of common stock on January 19, 2026, at an exercise price of $0 per share. According to the filing, these restricted stock units vested 100% on December 19, 2025, with settlement of the shares occurring on January 19, 2026.
After this settlement, Shapiro directly owned 120,335 shares of Toll Brothers common stock. This Form 4 reflects a routine equity compensation event rather than an open-market purchase or sale.
Toll Brothers, Inc. director Katherine M. Sandstrom reported the settlement of previously granted restricted stock units into common shares. On January 19, 2026, she converted 1,295 restricted stock units into 1,295 shares of Toll Brothers common stock at an exercise price of $0 per unit, reported with transaction code M. These restricted stock units had vested 100% on December 19, 2025, and the share settlement occurred on January 19, 2026. Following this transaction, she directly beneficially owned 1,363 shares of Toll Brothers common stock, and held 0 restricted stock units of this grant as the award was fully settled.
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.
Toll Brothers director Wendell E. Pritchett reported the vesting and settlement of restricted stock units into common stock. On January 19, 2026, 1,628 restricted stock units were converted to 1,628 shares of Toll Brothers common stock at an exercise price of $0, reflecting the settlement of previously granted equity awards. The filing shows that these restricted stock units had vested 100% on December 19, 2025, with share settlement occurring on January 19, 2026. After this transaction, Pritchett directly owned 15,139 shares of Toll Brothers common stock.
Toll Brothers director John A. McLean reported the settlement of previously granted restricted stock units into common shares. On January 19, 2026, 1,628 restricted stock units were converted into 1,628 shares of Toll Brothers common stock at an exercise price of $0. According to the footnote, these units vested in full on December 19, 2025, and all shares were delivered on January 19, 2026.
After this transaction, McLean directly owned 17,369 shares of Toll Brothers common stock. The filing classifies the transaction under code "M," indicating a conversion of derivative securities (restricted stock units) into underlying common shares rather than an open-market trade.
Toll Brothers, Inc. director Derek T. Kan reported the settlement of previously granted equity awards. On January 19, 2026, 1,548 restricted stock units converted into 1,548 shares of Toll Brothers common stock at an exercise price of $0. The filing shows this as an automatic conversion of derivative securities into common stock rather than an open‑market purchase or sale. After this transaction, Kan directly beneficially owned 6,388 shares of Toll Brothers common stock. According to the footnote, the restricted stock units vested 100% on December 19, 2025, and all corresponding shares were settled on January 19, 2026.
Toll Brothers, Inc. director Karen H. Grimes reported the settlement of 1,655 restricted stock units into common stock. The RSUs vested in full on December 19, 2025, and were settled on January 19, 2026 at an exercise price of $0 per share. Following this transaction, Grimes directly beneficially owns 16,810 shares of Toll Brothers common stock.
Toll Brothers, Inc. director Christine Garvey reported the vesting and settlement of previously granted equity awards. On January 19, 2026, 1,655 restricted stock units with a conversion price of $0 were converted into an equal number of shares of common stock, following 100% vesting on December 19, 2025. After this settlement, she indirectly holds 11,955 shares of Toll Brothers common stock through a trust and an additional 124 shares indirectly through her spouse. The filing does not report any open-market purchases or sales of shares, only the conversion and resulting indirect holdings.
Toll Brothers director Stephen F. East reported the settlement of previously granted restricted stock units into common stock. On January 19, 2026, 1,655 restricted stock units were converted into 1,655 shares of Toll Brothers common stock at an exercise price of $0 per share, following 100% vesting on December 19, 2025. After this transaction, East directly owns 14,442 shares of Toll Brothers common stock and no remaining restricted stock units from this grant.
Toll Brothers, Inc. director Paul E. Shapiro reported an option exercise and related stock sale. On 01/15/2026, he exercised 3,965 stock options at an exercise price of $31.61 per share, receiving the same number of common shares. That day he sold 3,965 shares of common stock in an open-market transaction at a volume-weighted average price of $146.6786 per share, with individual sale prices ranging from $146.66 to $146.7601. After these transactions, he directly held 118,680 shares of Toll Brothers common stock.
Toll Brothers, Inc. director Paul E. Shapiro reported a small change in his personal holdings of the company’s common stock. On January 9, 2026, he recorded a transaction coded “G” involving 73 shares of common stock at a reported price of $0 per share.
Following this transaction, Shapiro directly beneficially owns 118,680 shares of Toll Brothers common stock. The filing reflects an update to his reported ownership rather than a large change in his economic exposure to the company.
Toll Brothers, Inc. reported an insider stock transfer involving a director. The Form 4 shows that on 12/23/2025 and 12/24/2025, indirect holdings in common stock held through a trust were adjusted using transaction code G, which indicates a gift or similar transfer. The trust transferred 1,218 shares and then 72 shares, both at a stated price of $0, leaving the trust with 10,300 shares held indirectly. The filing also notes 124 shares of common stock held indirectly through the director’s spouse. No derivative securities transactions were reported.
Toll Brothers, Inc. insider activity centers on equity awards vesting, tax withholding, and a share gift. On 12/20/2025, the reporting person, who is a director and Chief Executive Officer, acquired 33,887 shares of common stock at $0 through the exercise of performance-based restricted stock units. That same day, 14,681 shares were disposed of at $139.79, typically consistent with shares withheld to cover taxes, leaving 340,833 directly held shares.
On 12/22/2025, 19,577 shares were transferred as a gift at $0, resulting in 321,256 directly owned shares, plus indirect holdings of 1,547 shares in a 401(k) plan, 500 shares in a trust, and 80,500 shares held by a SLAT. In the derivative table, 33,887 performance-based restricted stock units settled into common stock, and 30,789 new restricted stock units were granted, scheduled to vest 25% each year from December 1, 2026 through December 1, 2029.
Toll Brothers, Inc. insider equity transactions show the President & COO reporting stock activity in December 2025. On December 20, 2025, performance-based restricted stock units covering 4,518 shares of common stock were settled at an exercise price of $0 after previously meeting performance and service conditions. On the same date, 2,039 shares of common stock were disposed of at $139.79, typically reflecting shares withheld or sold to cover taxes.
After these transactions, the reporting person directly held 30,957 shares of Toll Brothers common stock. In a separate transaction on December 22, 2025, the officer was granted 7,876 restricted stock units at an exercise price of $0, scheduled to vest in four equal annual installments starting December 1, 2026, with settlement of all shares on December 1, 2029.
Toll Brothers, Inc. reported a new equity award to its Chief Financial Officer on a Form 4 insider transaction report. On 12/22/2025, the CFO received 4,851 restricted stock units linked to Toll Brothers common stock at an exercise price of $0 per unit.
These restricted stock units are scheduled to vest in four equal installments of 25% each on December 1, 2026, 2027, 2028 and 2029, with settlement of all shares to occur on December 1, 2029. Following this grant, the filing shows the CFO directly beneficially owning 4,851 derivative securities in the form of these restricted stock units.
Toll Brothers, Inc. reported that its senior vice president and chief accounting officer received a grant of 788 restricted stock units (RSUs) on 12/22/2025. These RSUs will vest in four equal installments of 25% on each of December 1, 2026, 2027, 2028, and 2029, giving the executive increasing rights to the shares over time. The filing states that settlement of 100% of the shares underlying these RSUs will occur on December 1, 2029, meaning the actual common stock is delivered at that time.
Toll Brothers, Inc. director reports equity award in the form of restricted stock units. On 12/22/2025, the director received 1,519 restricted stock units under a compensatory arrangement at an exercise price of $0 per unit, reported as a derivative security on a Form 4.
The 1,519 restricted stock units are scheduled to vest 100% on December 22, 2026, and settlement into shares of Toll Brothers common stock will occur on January 22, 2027. Following this award, the director reported beneficial ownership of 1,519 derivative securities held directly.
A director of Toll Brothers, Inc. (TOL) reported receiving 1,495 restricted stock units as of December 22, 2025. These units have an exercise price of $0, meaning they are granted as equity compensation rather than purchased.
The restricted stock units vest 100% on December 22, 2026, and settlement of the underlying common shares is scheduled for January 22, 2027. Following this transaction, the director holds 1,495 derivative securities directly, all tied to Toll Brothers common stock.
Toll Brothers, Inc. reported a routine equity grant to one of its directors. On December 22, 2025, the director received 1,440 restricted stock units, each representing the right to receive one share of Toll Brothers common stock for no cash exercise price.
These restricted stock units vest 100% on December 22, 2026, meaning the director will earn all of the units on that date if the vesting conditions are met. Settlement of all vested shares is scheduled to occur on January 22, 2027, when the underlying common shares are delivered.
Toll Brothers, Inc. reported a routine equity compensation grant to one of its directors. On December 22, 2025, the director received 1,423 restricted stock units (RSUs) with an exercise price of $0, reported as a derivative security held directly. These RSUs are scheduled to vest 100% on December 22, 2026, meaning the director will earn all the underlying shares on that date if the vesting conditions are met. The filing states that settlement of all related shares is expected to occur on January 22, 2027, when the vested units will convert into common stock.
Toll Brothers, Inc. reported an equity award to one of its directors. On December 22, 2025, the director received 1,550 restricted stock units (RSUs) tied to Toll Brothers common stock at an exercise price of $0 per unit. These RSUs are shown as directly owned by the reporting person.
The RSUs are scheduled to vest 100% on December 22, 2026, meaning the director will earn all of the underlying shares on that date if the vesting conditions are met. Settlement of the shares underlying these RSUs is expected to occur on January 22, 2027, when the common stock would be delivered.
Toll Brothers, Inc. director reported receiving an equity award in the form of restricted stock units. On 12/22/2025, the director was granted 1,550 restricted stock units, each linked to one share of Toll Brothers common stock at an exercise price of $0, reflecting a standard stock-based compensation grant rather than a market purchase.
The restricted stock units vest 100% on December 22, 2026, meaning the director must remain eligible through that date to receive the full award. Settlement of all vested units into common shares is scheduled to occur on January 22, 2027. Following this grant, 1,550 derivative securities are shown as beneficially owned in direct form.
Toll Brothers, Inc. disclosed an equity grant to one of its directors. On December 22, 2025, the director received 1,480 restricted stock units (RSUs), recorded as a derivative security with a conversion price of $0.
The RSUs relate to shares of Toll Brothers common stock and vest 100% on December 22, 2026. According to the disclosure, settlement of all underlying shares is scheduled to occur on January 22, 2027, at which time the vested units are expected to be delivered as common stock to the director.
Toll Brothers, Inc. director equity grant: A company director received 1,575 restricted stock units (RSUs) of Toll Brothers, Inc. common stock in a transaction dated December 22, 2025. The RSUs carry a conversion price of $0, reflecting that they are a form of equity compensation rather than a purchase for cash.
The filing states that these RSUs will vest 100% on December 22, 2026, meaning the director’s right to the underlying shares becomes fully earned at that time. Settlement of the associated shares is scheduled to occur on January 22, 2027, when the vested RSUs are delivered as common stock. After this grant, the director beneficially owns 1,575 derivative securities directly in the form of these RSUs.
Toll Brothers, Inc. disclosed a Form 4 reporting an equity award to a company director. On December 22, 2025, the director received 1,559 restricted stock units (RSUs), reported as derivative securities with an exercise price of $0.
The RSUs are scheduled to vest 100% on December 22, 2026, meaning all units become earned on that date, and settlement into Toll Brothers common stock is expected to occur on January 22, 2027. The filing indicates the director holds these RSUs as direct ownership, reflecting a standard equity-based compensation grant tied to service with the company’s board.
Toll Brothers, Inc. director reported receiving a new equity award in the form of restricted stock units. On December 22, 2025, the director acquired 1,623 restricted stock units with each unit representing one share of Toll Brothers common stock at an exercise price of $0.
These restricted stock units are scheduled to vest 100% on December 22, 2026, meaning the director will earn all of the shares on that date if the vesting conditions are met. Settlement of all vested shares is expected to occur on January 22, 2027, when the underlying common shares are delivered to the director.
Toll Brothers, Inc. insider activity shows its Chief Executive Officer and director receiving and settling performance-based equity awards. On December 17, 2025, the executive acquired 37,915 shares of common stock at $0 after the board’s Executive Compensation Committee certified return-on-equity performance for restricted stock units granted in 2022. To cover obligations, 15,409 shares were disposed of at $138.67, leaving 321,627 shares held directly, plus additional indirect holdings through a 401(k) plan, a trust, and a SLAT.
The filing also reports 22,789 performance-based restricted stock units tied to operational metrics from a 2024 grant being earned and recorded at an exercise price of $0. These units are scheduled to vest in 25% increments on each of December 19, 2025, 2026, 2027, and 2028, with settlement of all earned shares expected on December 19, 2028.
Toll Brothers, Inc. reported equity compensation activity for its President & COO. On December 17, 2025, the executive acquired 7,483 shares of common stock at a price of $0 and disposed of 3,079 shares at $138.67, leaving 28,478 common shares held directly. The acquired shares reflect performance-based awards that vested after the Executive Compensation Committee certified achievement of return-on-equity and operational performance goals over a three-year period ending October 31, 2025.
The filing also shows a grant of 5,829 performance-based restricted stock units at a $0 exercise price, each linked to an equal number of common shares. These units vest in 25% installments on each of December 19, 2025, 2026, 2027 and 2028, with settlement of earned shares scheduled for December 19, 2028. Overall, the transactions represent routine executive compensation and related tax share withholding rather than open-market buying or selling.
Toll Brothers, Inc. (TOL) filed a Form 4 reporting equity transactions by its Chief Executive Officer and Director. On December 1, 2025, restricted stock units covering 55,845 shares of common stock were exercised and converted to common stock at an exercise price of $0, increasing the CEO’s directly held shares.
On the same date, 22,696 shares of common stock were disposed of in a transaction coded “F” at a price of $139.83 per share, reflecting shares withheld to cover taxes associated with the vesting. After these transactions, the CEO held 299,121 shares of common stock directly, plus additional indirect holdings of 1,547 shares in a 401(k) plan, 500 shares in a trust, and 80,500 shares held by a SLAT. The filing notes that these restricted stock units vested in four annual installments and were fully settled on December 2, 2025.
Toll Brothers, Inc. (TOL) chief financial officer Form 4 shows routine equity compensation activity. On December 1, 2025, the officer exercised 2,346 restricted stock units for common stock at an exercise price of $0, reflecting vesting of a prior equity award. On the same date, 766 shares of common stock were withheld and disposed of at $139.83 per share to cover tax obligations, leaving 17,206 shares of common stock held directly.
The filing also reports additional indirect holdings, including common stock in a 401(k) plan, an IRA, a Roth IRA, and shares held by the officer’s spouse. The explanation notes that these restricted stock units vested in four equal 25% installments each December 1 from 2022 through 2025, with settlement of all related shares completed on December 2, 2025.
Toll Brothers, Inc. insider equity activity: A senior executive, serving as SVP & Chief Accounting Officer, reported routine share changes related to vested equity awards. On December 1, 2025, the executive exercised or settled 1,415 restricted stock units into an equivalent number of Toll Brothers common shares at an exercise price of $0.
On the same date, 380 common shares were disposed of at $139.83 per share in a transaction coded "F," indicating shares withheld or sold to cover tax obligations. After these transactions, the executive directly owned 2,974 common shares and held an additional 175 common shares through a 401(k) plan. The restricted stock units had vested in four equal parts on December 1 of 2022, 2023, 2024 and 2025, with settlement of all related shares occurring on December 2, 2025.
Toll Brothers (TOL) reported an insider transaction by a director. On 08/06/2025, the director purchased 68 shares of common stock at $126.87 per share in an open-market transaction (Code P).
Following the purchase, the reporting person beneficially owned 68 shares, held directly, according to the Form 4.