Toll Brothers, Inc. filings document the reporting profile of a NYSE-listed luxury homebuilder with homebuilding operations and related real estate services. Its 8-K filings report operating results for quarterly and annual periods, including home sales revenue, deliveries, contracts, backlog, margins, and other measures tied to demand, pricing, land development, and construction activity.
The company’s SEC record also covers capital structure and governance matters. Recent filings describe amendments to senior unsecured revolving credit and term loan agreements involving subsidiary First Huntingdon Finance Corp., annual meeting voting results, director elections, auditor ratification, say-on-pay matters, executive compensation, board composition, and leadership succession. Proxy materials provide additional disclosure on directors, compensation programs, shareholder voting items, and governance practices.
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 insider Douglas C. Yearley Jr. reported a proposed disposition of 45,116 common shares via a sale dated 02/24/2026, with proceeds listed as $7,237,607.00.
The filing also lists an Employee Stock Option Exercise on 02/27/2026 involving 27,014 common shares to be settled by broker payment for cashless exercise at Charles Schwab & Co., Inc.
Toll Brothers, Inc. reported quarterly revenue of $2.15 billion and net income of $210.9 million, up from $1.86 billion and $177.7 million a year earlier. Basic earnings per share rose to $2.20 from $1.76, driven by higher land and other revenues and improved results from joint ventures and ancillary businesses.
Home sales revenue was $1.85 billion on 1,899 deliveries, with the average delivered price increasing 6% to about $977,000. Backlog stood at $6.02 billion and 5,051 homes, down in units but with an 8% higher average contracted price.
The company substantially completed the sale of about half of its Apartment Living portfolio and platform to Kennedy Wilson for roughly $330 million of net cash proceeds, generating significant land and other revenues but also recognizing $44.3 million of impairments on two retained rental joint ventures. Liquidity remained strong with $1.20 billion of cash and about $2.20 billion available under its revolving credit facility, which, along with the term loan, had maturities extended to 2030–2031.
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 reported strong FY 2026 first quarter results, with net income of $210.9 million and diluted earnings per share of $2.19, up from $177.7 million and $1.75 a year earlier. Total revenues were $2.15 billion, driven by home sales revenues of $1.85 billion on 1,899 deliveries.
Net signed contracts reached $2.38 billion for 2,303 homes, modestly above last year in dollar terms, while backlog declined to $6.02 billion and 5,051 homes. Home sales gross margin slipped slightly to 24.8%, and adjusted home sales gross margin was 26.5% versus 26.9% last year.
The company repurchased about 0.3 million shares for $50.5 million and received approximately $330 million of net cash from selling roughly half of its Apartment Living portfolio to Kennedy Wilson, as it plans to exit multi-family development. Toll Brothers ended the quarter with $1.20 billion in cash, $2.20 billion available under its revolving credit facility, and a net debt-to-capital ratio of 14.2%, while maintaining full-year 2026 guidance for deliveries, margins, and community growth.
Toll Brothers, Inc. amended its main credit facilities to extend maturities and make modest pricing changes. The company’s senior unsecured revolving credit facility was increased from $2.35 billion to $2.375 billion and its maturity was pushed out from February 7, 2030 to February 5, 2031, while removing a 10-basis-point Secured Overnight Financing Rate (SOFR) credit spread adjustment.
The company also amended its $650 million senior unsecured term loan. The maturity date for $548,437,500 of outstanding loans was extended from February 7, 2030 to February 5, 2031, with $101,562,500 still due on February 7, 2030, and the SOFR credit spread adjustment was removed from substantially all outstanding loans. Toll Brothers and substantially all of its wholly owned homebuilding subsidiaries continue to guarantee both facilities.
Toll Brothers, Inc. insider filing shows initial equity holdings for senior finance leadership. SVP & Chief Accounting Officer Erica J. Mainardi reports direct ownership of 1,351 shares of common stock. She also holds several restricted stock unit (RSU) awards that convert into common stock on future dates.
The RSUs cover 1,198 shares vesting 25% each year from December 1, 2023 through 2026, settling in full on December 1, 2026. Additional RSUs cover 588 shares vesting from December 1, 2024 through 2027 (settling December 1, 2027), 606 shares vesting from December 1, 2025 through 2028 (settling December 1, 2028), and 645 shares vesting from December 1, 2026 through 2029 (settling December 1, 2029). All RSUs are held directly with a $0 exercise price.