Welcome to our dedicated page for Toll Brothers SEC filings (Ticker: TOL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 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.
A shareholder of Toll Brothers, Inc. filed a notice of proposed sale under Rule 144 covering 3,965 shares of common stock. The shares are to be sold through Charles Schwab & Co., Inc. on the NYSE, with an indicated aggregate market value of $125,334.00 and with 95,003,000 shares of the same class shown as outstanding. The shares were acquired on 01/15/2026 via an employee stock option exercise, using a broker-facilitated cashless exercise on the same date.
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. 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.
A holder of Toll Brothers, Inc. common stock has filed a notice to sell 10,000 shares through Charles Schwab & Co., Inc. on or about 01/09/2026 on the NYSE. The filing lists an aggregate market value for these shares of $1,455,212.00, compared with 95,003,000 Toll Brothers shares outstanding. The seller acquired 7,910 shares via a restricted stock lapse on 12/01/2025 and 2,090 shares via a performance stock lapse on 12/20/2025, both as equity compensation from Toll Brothers.
Toll Brothers, Inc. is promoting Karl K. Mistry, currently an Executive Vice President, to become Chief Executive Officer effective March 30, 2026. He is also expected to join the Board of Directors around that date, while current Chairman and CEO Douglas C. Yearley, Jr. will move to the role of Executive Chair and continue to have a significant management role.
Mr. Mistry has been with the company since 2004 and now oversees homebuilding operations across 15 eastern states. His compensation as CEO includes a $1,000,000 base salary, a targeted fiscal 2026 cash incentive bonus of $2,250,000 (pro-rated between roles), and an annual long-term equity incentive award of $4,250,000 (also pro-rated), along with participation in the company’s executive benefit plans. Starting in fiscal 2027, Mr. Yearley is expected to receive total compensation of $6,600,000, split among salary, targeted cash incentive bonus, and long-term equity awards.
Toll Brothers, Inc. is promoting Karl K. Mistry, currently an Executive Vice President, to become Chief Executive Officer effective March 30, 2026. He is also expected to join the Board of Directors around that date, while current Chairman and CEO Douglas C. Yearley, Jr. will move to the role of Executive Chair and continue to have a significant management role.
Mr. Mistry has been with the company since 2004 and now oversees homebuilding operations across 15 eastern states. His compensation as CEO includes a $1,000,000 base salary, a targeted fiscal 2026 cash incentive bonus of $2,250,000 (pro-rated between roles), and an annual long-term equity incentive award of $4,250,000 (also pro-rated), along with participation in the company’s executive benefit plans. Starting in fiscal 2027, Mr. Yearley is expected to receive total compensation of $6,600,000, split among salary, targeted cash incentive bonus, and long-term equity awards.
Toll Brothers, Inc. is promoting Karl K. Mistry, currently an Executive Vice President, to become Chief Executive Officer effective March 30, 2026. He is also expected to join the Board of Directors around that date, while current Chairman and CEO Douglas C. Yearley, Jr. will move to the role of Executive Chair and continue to have a significant management role.
Mr. Mistry has been with the company since 2004 and now oversees homebuilding operations across 15 eastern states. His compensation as CEO includes a $1,000,000 base salary, a targeted fiscal 2026 cash incentive bonus of $2,250,000 (pro-rated between roles), and an annual long-term equity incentive award of $4,250,000 (also pro-rated), along with participation in the company’s executive benefit plans. Starting in fiscal 2027, Mr. Yearley is expected to receive total compensation of $6,600,000, split among salary, targeted cash incentive bonus, and long-term equity awards.
Toll Brothers, Inc. is promoting Karl K. Mistry, currently an Executive Vice President, to become Chief Executive Officer effective March 30, 2026. He is also expected to join the Board of Directors around that date, while current Chairman and CEO Douglas C. Yearley, Jr. will move to the role of Executive Chair and continue to have a significant management role.
Mr. Mistry has been with the company since 2004 and now oversees homebuilding operations across 15 eastern states. His compensation as CEO includes a $1,000,000 base salary, a targeted fiscal 2026 cash incentive bonus of $2,250,000 (pro-rated between roles), and an annual long-term equity incentive award of $4,250,000 (also pro-rated), along with participation in the company’s executive benefit plans. Starting in fiscal 2027, Mr. Yearley is expected to receive total compensation of $6,600,000, split among salary, targeted cash incentive bonus, and long-term equity awards.
Greenhaven Associates, Inc., an investment adviser incorporated in New York, reported beneficial ownership of 5,603,187 shares of Toll Brothers Incorporated common stock, representing 5.90% of the class as of 12/31/2025.
Greenhaven has sole power to vote and dispose of 2,231,672 shares and shared power to vote and dispose of 3,371,515 shares. The filing explains that Greenhaven’s clients own the remaining shares and have the right to receive dividends and sale proceeds, with no single client holding more than five percent of Toll Brothers’ outstanding common stock. Greenhaven certifies that the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Toll Brothers.
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.