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TTC Form 3: Officer lists direct, indirect shares and PSU holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Toro Co (TTC) filed a Form 3 reporting initial beneficial ownership for Grant M. Young, who began serving as Group Vice President of Golf, Grounds & Irrigation on September 29, 2025.

The filing lists 1,881.834 shares of common stock (direct), 2,540.023 shares of common stock (indirect via TTC Retirement Plan), and 2,236.0087 performance share units (direct). The remarks note an earlier submission used the issuer’s CIK; this filing uses the reporting person’s CIK.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Young Grant

(Last) (First) (Middle)
8111 LYNDALE AVENUE SOUTH

(Street)
BLOOMINGTON MN 55420

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/29/2025
3. Issuer Name and Ticker or Trading Symbol
TORO CO [ TTC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Golf, Grounds & Irrigation
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Share Units 2,236.0087 D
Common Stock 1,881.834 D
Common Stock 2,540.023 I TTC Retirement Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
On September 29, 2025 Grant M. Young began serving as Group Vice President of Golf, Grounds & Irrigation. The original form 3 filed on October 8, 2025 was filed timely. However, TTC's CIK EDGAR code was used instead of the reporting person's CIK code, because the reporting person's CIK code had not yet been received. As a result, TTC's name appeared in box 1. This new form 3 has been filed using the reporting person's CIK EDGAR code.
/s/ Joanna M. Totsky, Attorney-in-Fact 11/04/2025
** 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 5 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Toro (TTC) disclose in this Form 3?

An initial statement of beneficial ownership for Grant M. Young, including direct, indirect, and performance share unit holdings.

How many TTC shares does the reporting person hold directly?

The filing lists 1,881.834 shares of common stock (direct).

What indirect TTC holdings are reported?

The filing shows 2,540.023 shares of common stock (indirect) through the TTC Retirement Plan.

How many performance share units are reported by the TTC officer?

The filing lists 2,236.0087 performance share units (direct).

When did the officer’s role at Toro (TTC) begin?

Grant M. Young began serving on September 29, 2025 as Group Vice President of Golf, Grounds & Irrigation.

Why does the Form 3 mention CIK details?

A prior submission used the issuer’s CIK; this filing uses the reporting person’s CIK, as noted in the remarks.
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United States
BLOOMINGTON