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[Form 4] TORO CO Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

The Toro Company (TTC) reported insider transactions by its President & COO on 11/03/2025. The filing lists common stock and restricted stock unit activity.

Non-derivative activity: Code M shows 771.81 shares of common stock acquired at $74.21, and Code F shows 237 shares disposed at $74.21. Following these transactions, directly held common stock was 1,093.051 shares. Indirect holdings included 280 shares via a Health Savings Account, 6,101.101 shares via the TTC Retirement Plan, and 245.344 shares via a Roth IRA. The filing also lists 1,479.121 Performance Share Units held directly.

Derivative section: 771.81 restricted stock units were converted into common stock (price $0), with 0 of that grant remaining. Separately, 18,510.504 restricted stock units were reported as beneficially owned directly.

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*
Funk Edric C

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & COO
3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025
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 11/03/2025 M 771.81 A $74.21 1,093.051 D
Common Stock 11/03/2025 F 237 D $74.21 856.051 D
Common Stock 280 I Health Savings Account
Common Stock 6,101.101(1) I TTC Retirement Plan
Common Stock 245.344(2) I Roth IRA
Performance Share Units 1,479.121(3) 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 (4) 11/03/2025 M 771.81 (5) (5) Common Stock 771.81 $0 0 D
Restricted Stock Units (4) (6) (6) Common Stock 18,510.504 18,510.504 D
Explanation of Responses:
1. Includes the following shares of common stock acquired by the reporting person since the date of his last report: 25.305 net shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan ("Retirement Plan"); and net 30.344 shares acquired under the dividend reinvestment feature of the Retirement Plan less quarterly non-discretionary administrative fees.
2. Includes 1.240 shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of the account in which the shares are held.
3. Includes 7.361 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.
4. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
5. 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 November 1, 2022 grant date.
6. 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 September 2, 2025 grant date.
Remarks:
/s/ Joanna M. Totsky, Attorney-in-Fact 11/05/2025
** 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.
Toro

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7.18B
97.47M
0.39%
93.44%
3.16%
Tools & Accessories
Lawn & Garden Tractors & Home Lawn & Gardens Equip
Link
United States
BLOOMINGTON