Toro Co (TTC) officer reports 20,632 RSUs on Oct 10, 2025
Toro Co (TTC) reported an insider Form 4 for a company officer (Group VP, Undg, Spec Con & Inl) dated 10/10/2025.
Rhea-AI Filing Summary
Toro Co (TTC) reported an insider Form 4 for a company officer (Group VP, Undg, Spec Con & Inl) dated 10/10/2025. The filing shows an award of 20,632 restricted stock units (RSUs).
According to the notes, each RSU equals one share of common stock. The 20,632 RSUs vest in full on October 10, 2028, which is the third anniversary of the grant date. A prior RSU grant from March 1, 2023 vests in three equal annual installments beginning on its first anniversary.
Post-transaction holdings include 4,155.055 shares through The Toro Company Retirement Plan (indirect), and common stock positions of 2,727.498 and 600.026 shares (direct). Dividend reinvestment features account for incremental share accruals noted in the footnotes.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,632 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. Includes 43.64 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.
- F2. Includes 28.682 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.
- F3. Includes 2.965 shares of common stock acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.
- F4. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
- F5. 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.
- F6. The restricted stock units vest and become non-forfeitable in full on October 10, 2028, which is the third anniversary of the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TTC disclose in this Form 4?
How do the 20,632 RSUs vest for TTC?
What are the officer’s post-transaction TTC holdings?
What is the officer’s role at Toro Co (TTC)?
How are RSUs defined in this TTC filing?
Is there another RSU vesting schedule mentioned?
AI-generated analysis. How Rhea-AI works. Not financial advice.