Toro Co (TTC) VP reports December 2025 RSU and stock option grants
Rhea-AI Filing Summary
The Toro Company executive reports new equity awards. A vice president of Golf, Grounds & Irrigation at Toro Co (TTC) filed to disclose grants and holdings as of December 22, 2025.
The filing shows an award of 1,733 restricted stock units (RSUs), each representing one share of Toro common stock, and a non‑qualified stock option for 4,919 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 December 22, 2025 grant date.
After these transactions, the executive holds 1,733 RSUs and 4,919 stock options directly, along with other equity interests including retirement plan shares and performance share units. These awards are a form of stock‑based compensation that aligns the officer’s interests with long‑term company performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,733 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Option | 4,919 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of TTC common stock. 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. The option vests in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date. The restricted stock units vest and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the October 10, 2025.
FAQ
What insider transaction did Toro Co (TTC) report in this Form 4?
The report shows a Toro Co vice president received 1,733 restricted stock units and a non‑qualified stock option for 4,919 shares of common stock on December 22, 2025.
What are the terms of the restricted stock units granted by Toro Co (TTC)?
Each restricted stock unit represents a contingent right to receive one share of TTC common stock and vests in three equal annual installments starting on the first anniversary of the December 22, 2025 grant date.
What are the key details of the stock option granted to the Toro Co (TTC) executive?
The executive received a non‑qualified stock option for 4,919 shares of Toro common stock with an exercise price of $78.47. The option vests in three equal annual installments beginning on the first anniversary of the December 22, 2025 grant date and expires on December 22, 2035.
How many derivative securities does the Toro Co (TTC) officer beneficially own after the reported transactions?
Following the grants, the officer beneficially owns 1,733 restricted stock units and 4,919 non‑qualified stock options directly, plus 3,438 restricted stock units from an earlier award.
How do these Toro Co (TTC) equity awards vest over time?
The 1,733 restricted stock units and the 4,919‑share stock option each vest in three equal annual installments starting one year after December 22, 2025. Another 3,438 restricted stock units vest in three equal annual installments beginning on the first anniversary of October 10, 2025.
What non‑derivative Toro Co (TTC) holdings does the executive report?
The officer reports common stock held both indirectly through The Toro Company Retirement Plan and directly, along with performance share units, in addition to the newly reported derivative awards.