[Form 4] TORO CO Insider Trading Activity

The Toro Company reported an equity compensation update for its VP, Technology.

Rhea-AI Filing Summary

The Toro Company reported an equity compensation update for its VP, Technology. On December 22, 2025, the executive received 1,178 restricted stock units, each representing one share of Toro common stock, and a non-qualified stock option for 3,345 shares at $78.47 per share. Both the restricted stock units and the option vest in three equal annual installments starting on the first anniversary of the grant date.

The filing also notes 473.887 restricted stock units, with related dividend equivalents, that vest in three equal annual installments starting on the first anniversary of a March 1, 2023 grant. After the reported transactions, the executive beneficially owns common stock and performance-based and time-based equity awards in both direct holdings and through The Toro Company Retirement Plan.

Insider Trade Summary

Grant/Award: 4,523 shares

Grant/Award 6 txns

Insider Svendsen Kurt D

Role VP, Technology

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,178	$0.00	$0.00
Grant/Award	Non-Qualified Stock Option	3,345	$0.00	$0.00
holding	Restricted Stock Units	--	--	--
holding	Performance Share Units	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,651.887 contracts for 473.887 underlying shares (Direct); Non-Qualified Stock Option — 3,345 contracts (Direct); Performance Share Units — 6,353.64 shares (Direct); Common Stock — 11,763.317 shares (Direct); Common Stock — 11,479.94 shares (Indirect, The Toro Company Retirement Plan)

Footnotes (4)

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 become non-forfeitable in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.
3. F3. The option vests in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.
4. F4. 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.

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Accepted by SEC EDGAR 12/23/2025 - 12:33 PM Learn about SEC filing dates

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^*

Svendsen Kurt D

(Last) (First) (Middle)

8111 LYNDALE AVENUE SOUTH

(Street)

BLOOMINGTON MN 55420-1196

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025

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
Performance Share Units								6,353.64	D
Common Stock								11,763.317	D
Common Stock								11,479.94	I	The Toro Company Retirement Plan

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)	12/22/2025		A		1,178		(2)	(2)	Common Stock	1,178	$0	1,178	D
Non-Qualified Stock Option	$78.47	12/22/2025		A		3,345		(3)	12/22/2035	Common Stock	3,345	$0	3,345	D
Restricted Stock Units	(1)							(4)	(4)	Common Stock	473.887		473.887	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 become non-forfeitable in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.

3. The option vests in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.

4. 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.

Remarks:

	/s/ Joanna M. Totsky, Attorney-in-Fact	12/23/2025
	** 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.
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