Toro Co (TTC) President & COO granted RSUs and stock options

Rhea-AI Filing Summary

Toro Co President & COO reported new equity awards and updated holdings. On December 22, 2025, the executive received 5,546 restricted stock units, each representing one share of Toro common stock, and a non-qualified stock option for 15,741 shares at an exercise price of $78.47. Both the RSUs and the option vest in three equal annual installments starting on the first anniversary of the grant date.

The filing also shows 18,510.504 restricted stock units beneficially owned directly, plus additional Toro shares held through a retirement plan, a health savings account, and a Roth IRA. These awards further align the President & COO’s compensation with Toro’s stock performance over time.

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

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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)
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
Common Stock								6,101.101	I	TTC Retirement Plan
Common Stock								856.051	D
Common Stock								280	I	Health Savings Account
Common Stock								245.344	I	Roth IRA
Performance Share Units								2,100.121	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)	12/22/2025		A		5,546		(2)	(2)	Common Stock	5,546	$0	5,546	D
Non-Qualified Stock Option	$78.47	12/22/2025		A		15,741		(3)	12/22/2035	Common Stock	15,741	$0	15,741	D
Restricted Stock Units	(1)							(4)	(4)	Common Stock	18,510.504		18,510.504	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 September 2, 2025 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.
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 Toro Co (TTC) disclose in this Form 4?

The President & COO received 5,546 restricted stock units and a non-qualified stock option for 15,741 shares of Toro common stock on December 22, 2025.

What is the exercise price and vesting schedule of the Toro Co (TTC) stock option?

The non-qualified stock option covers 15,741 shares at an exercise price of $78.47 per share and vests in three equal annual installments starting on the first anniversary of the December 22, 2025 grant date.

How do the new Toro Co (TTC) restricted stock units vest?

The 5,546 restricted stock units granted on December 22, 2025 vest and become non-forfeitable in three equal annual installments beginning on the first anniversary of the grant date.

How many restricted stock units does the Toro Co (TTC) executive now beneficially own?

The executive beneficially owns 18,510.504 restricted stock units directly, each representing a contingent right to receive one share of Toro common stock.

What is the reporting person’s role at Toro Co (TTC)?

The reporting person is an officer of Toro Co, serving as President & COO, as indicated in the filing.

Does the Toro Co (TTC) Form 4 show any indirect holdings?

Yes. The filing lists indirect holdings of Toro common stock through a TTC Retirement Plan, a Health Savings Account, and a Roth IRA, in addition to direct holdings and equity awards.