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Toro Executive Cashes in Options for 6,000 Shares Amid Market Watch

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 Notice: Kurt D. Svendsen, an officer at Toro Company, has filed a notice of proposed sale of 6,000 shares of common stock with an aggregate market value of $425,967.80. The sale is planned to execute on June 26, 2025, through Fidelity Brokerage Services LLC on the NYSE.

The securities were acquired through a stock option granted on December 4, 2015, and exercised on June 26, 2025, with cash payment. The total outstanding shares of Toro Company are 98,685,272.

Key Details:

  • No other securities sales reported by the insider in the past 3 months
  • Transaction represents approximately 0.006% of total outstanding shares
  • Average price per share: $70.99
  • Filing includes standard attestation that seller has no knowledge of undisclosed material adverse information

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many TTC shares is Kurt Svendsen selling on June 26, 2025?

According to the Form 144 filing, Kurt Svendsen, an officer of The Toro Company (TTC), plans to sell 6,000 shares of common stock with an aggregate market value of $425,967.80 through Fidelity Brokerage Services LLC.

What is the source of TTC shares being sold by Kurt Svendsen?

The shares being sold were acquired through a stock option that was granted on December 4, 2015. The acquisition was completed on June 26, 2025 through a cash payment to exercise the options.

Has Kurt Svendsen sold any other TTC shares in the past 3 months?

According to the Form 144 filing section 'Securities Sold During The Past 3 Months', there were no other sales reported by Kurt Svendsen during this period.

What is TTC's total shares outstanding as of June 2025?

According to the Form 144 filing, The Toro Company (TTC) had 98,685,272 shares outstanding at the time of the filing.

What price per share is Kurt Svendsen selling TTC stock?

Based on the aggregate market value of $425,967.80 for 6,000 shares, the implied price per share for the proposed sale is approximately $70.99 per share.
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