Toro Co (TTC) group VP exercises RSUs and withholds shares for tax
Rhea-AI Filing Summary
The Toro Company executive Peter D. Moeller reported equity award activity involving restricted stock units and common shares. On March 2, 2026, he exercised or converted 950.862 restricted stock units into 950.862 shares of common stock at a stated price of $100.29 per share. In a related tax-withholding disposition, 291 shares of common stock were delivered at $100.29 per share, leaving 665.586 common shares held directly after these transactions. He also reports indirect holdings of 6,234.969 common shares through the Moeller Family Trust and 4,194.168 common shares through The Toro Company Retirement Plan, along with 20,722.227 restricted stock units and 3,174.191 performance share units held directly, and 2,634.000 additional restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 950.862 | $0.00 | -- |
| Exercise | Common Stock | 950.862 | $100.29 | $95K |
| Tax Withholding | Common Stock | 291 | $100.29 | $29K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
Footnotes (1)
- Includes 2.651 shares of common stock acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held. Includes 24.662 shares of common stock acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held. Includes 18.339 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees. Includes 12.051 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers. Each restricted stock unit represents a contingent right to receive one share of TTC common stock. The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the March 1, 2023 grant date. The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on October 10, 2028, which is the third anniversary of the date of grant. The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.
