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.

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

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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^*

Young Grant

(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)
	VP, Golf, Grounds & Irrigation

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								2,552.722	I	The Toro Company Retirement Plan
Common Stock								1,881.834	D
Performance Share Units								2,513.27	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		1,733		(2)	(2)	Common Stock	1,733	$0	1,733	D
Non-Qualified Stock Option	$78.47	12/22/2025		A		4,919		(3)	12/22/2035	Common Stock	4,919	$0	4,919	D
Restricted Stock Units	(1)							(4)	(4)	Common Stock	3,438		3,438	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 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.

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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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.