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Toro Company (NYSE: TTC) director reports 1,592-share equity grant

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

The Toro Company director reported equity compensation and related share holdings. On December 15, 2025, the reporting person received 1,592 shares of Toro common stock at $73.47 per share under The Toro Company 2022 Equity and Incentive Plan, in lieu of cash compensation for calendar year 2025.

The report also lists transactions coded “G” on the same date for 1,592 shares at $73.47, one leaving 0 shares in direct ownership and another bringing indirect holdings in the Dale Christian Koch Trust to 15,575 shares of Toro common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KOCH D CHRISTIAN

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

(Street)
BLOOMINGTON MN 55420

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TORO CO [ TTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/15/2025 A 1,592(1) A $73.47 1,592 D
Common Stock 12/15/2025 G 1,592 D $73.47 0 D
Common Stock 12/15/2025 G 1,592 A $73.47 15,575 I Held by Dale Christian Koch Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock issued to the reporting person under The Toro Company 2022 Equity and Incentive Plan, in lieu of cash compensation for calendar year 2025.
Remarks:
/s/ Joanna M. Totsky, Attorney-in-Fact 12/15/2025
** 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 4 (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 insider transaction did The Toro Company (TTC) report on December 15, 2025?

A director of The Toro Company reported receiving 1,592 shares of common stock on December 15, 2025 at $73.47 per share.

How many Toro Company shares did the reporting person receive as equity compensation?

The reporting person received 1,592 shares of Toro common stock under The Toro Company 2022 Equity and Incentive Plan, in lieu of cash compensation for calendar year 2025.

What is the role of the reporting person at The Toro Company (TTC)?

The reporting person is identified as a Director of The Toro Company.

What was the reported price for the Toro Company shares issued to the director?

The common stock issued to the reporting person was reported at $73.47 per share.

How many Toro Company shares did the reporting person own after the reported transactions?

After the reported transactions, the reporting person directly owned 0 Toro common shares and indirectly owned 15,575 shares held by the Dale Christian Koch Trust.

Through which entity are the indirect Toro Company shares held?

The indirect holdings are reported as 15,575 shares of Toro common stock held by the Dale Christian Koch Trust.

Did the Toro Company director receive cash or shares for 2025 compensation?

The explanation states that the 1,592 shares were issued under The Toro Company 2022 Equity and Incentive Plan in lieu of cash compensation for calendar year 2025.

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