Toro technology chief gets stock grant of 4,593 units

Each restricted stock unit represents a contingent right to receive one share of TTC common stock.

Available on EDGAR 11/03/2026 - 11:43 AM EST Accepted by SEC EDGAR 11/03/2026 - 11:38 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Toro Co Chief Technology Officer Neal Matthew Lackritz received an award of 4,593 restricted stock units on November 2, 2026. The units vest and become non-forfeitable in three equal annual installments, commencing on the first anniversary of November 2, 2026. His reported direct common-stock holding after the transaction was zero shares.

Insider Trade Summary

Grant/Award: 4,593 shares

Grant/Award 1 txn

Insider Lackritz Neal Matthew

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	4,593	$0.00	$0.00
Holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 4,593 contracts (Direct); Common Stock — 0 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
2. F2. The restricted stock units vest and non-forfeitable in three equal annual installments commencing on the first anniversary of the November 2, 2026.

Key Figures

Restricted stock units awarded: 4,593 restricted stock units Common shares per restricted stock unit: 1 share Vesting installments: 3 equal annual installments +1 more

4 metrics

Restricted stock units awarded 4,593 restricted stock units Awarded November 2, 2026

Common shares per restricted stock unit 1 share Each unit is a contingent right to receive one share of TTC common stock

Vesting installments 3 equal annual installments Commencing on the first anniversary of November 2, 2026

Direct common-stock holding after transaction 0 shares Reported November 2, 2026

Key Terms

restricted stock units, contingent right, non-forfeitable

3 terms

restricted stock units financial

"Each restricted stock unit represents a contingent right"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"a contingent right to receive one share of TTC common stock"

non-forfeitable financial

"vest and non-forfeitable in three equal annual installments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many common shares does each TTC restricted stock unit represent?

Each restricted stock unit represents a contingent right to receive one share of TTC common stock. Neal Matthew Lackritz received 4,593 restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Lackritz Neal Matthew

(Last) (First) (Middle)

8111 LYNDALE AVENUE SOUTH

(Street)

BLOOMINGTON MINNESOTA 55420

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TORO CO [ TTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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								0	D

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
Restricted Stock Units	(1)	11/02/2026		A		4,593		(2)	11/02/2029	Common Stock	4,593	$0	4,593	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.

2. The restricted stock units vest and non-forfeitable in three equal annual installments commencing on the first anniversary of the November 2, 2026.

Remarks:

	/s/ Joanna Totsky, attorney-in-fact	11/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)