TTC Form 4: Director awarded 1,235 shares and 2,266 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Toro Co (TTC) director reported routine equity awards on a Form 4. On 11/03/2025, the director acquired 1,235 shares of common stock at $74.21 as an annual non‑employee director stock award under The Toro Company 2022 Equity and Incentive Plan. Following this, the director beneficially owned 3,765 common shares, held directly.
The filing also reports a non‑qualified stock option grant covering 2,266 shares with an exercise price of $74.21, expiring on 11/03/2035. The option vests in three equal annual installments beginning on the first anniversary of the November 3, 2025 grant date. After the transaction, the director held 2,266 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CRAIG DIANNE C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option | 2,266 | $0.00 | -- |
| Grant/Award | Common Stock | 1,235 | $74.21 | $92K |
Holdings After Transaction:
Non-Qualified Stock Option — 2,266 shares (Direct);
Common Stock — 3,765 shares (Direct)
Footnotes (1)
- Annual common stock award for service as a non-employee director issued under The Toro Company 2022 Equity and Incentive Plan. Annual option grant for service as a non-employee director issued under The Toro Company 2022 Equity and Incentive Plan. The option vests in three equal annual installments commencing on the first anniversary of the November 3, 2025 grant date.
FAQ
What did TTC disclose in this Form 4?
A director received an annual stock award of 1,235 common shares at $74.21 and a non‑qualified stock option for 2,266 shares at $74.21.
What are the key terms of the new TTC stock options?
Options for 2,266 shares at an exercise price of $74.21, expiring on 11/03/2035.
When do the TTC options vest?
They vest in three equal annual installments starting on the first anniversary of November 3, 2025.
Under what plan were the TTC awards granted?
Both the stock award and option were issued under the The Toro Company 2022 Equity and Incentive Plan.
Is the ownership reported as direct or indirect?
Both the 3,765 shares and the 2,266 options are reported as direct ownership.