Toro (NYSE: TTC) CFO adds 160 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Toro Company VP & CFO Angela C. Drake reported an open-market purchase of 160 shares of Toro common stock at $90.005 per share. Following this purchase, she directly holds 9,570.928 common shares.
She also has indirect and incentive-based holdings. These include common stock in The Toro Company Retirement Plan, where 111.189 net shares were recently added through contributions and matching, performance share units with additional 3.048 units acquired via dividend reinvestment, and 4,175.595 restricted stock units, each representing a right to receive one common share and scheduled to vest in three equal annual installments starting on the first anniversary of the December 22, 2025 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 160 shares ($14,401)
Net Buy
4 txns
Insider
Drake Angela C
Role
VP & CFO
Bought
160 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 160 | $90.005 | $14K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,570.928 shares (Direct, null);
Restricted Stock Units — 4,175.595 shares (Direct, null);
Common Stock — 593.465 shares (Indirect, The Toro Company Retirement Plan);
Performance Share Units — 761.138 shares (Direct, null)
Footnotes (1)
- Includes the following shares of common stock acquired by the reporting person since the date of her last report: 111.189 net shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan less quarterly non-discretionary administrative fees. Includes 3.048 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers. Each restricted stock unit represents a contingent right to receive one share of TTC common stock. The restricted stock units and related dividend equivalents vest in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.
Key Figures
Open-market purchase: 160 shares
Purchase price: $90.005 per share
Direct common shares after trade: 9,570.928 shares
+3 more
6 metrics
Open-market purchase
160 shares
Common Stock bought at $90.005 per share
Purchase price
$90.005 per share
Open-market common stock purchase on reported date
Direct common shares after trade
9,570.928 shares
Total direct Toro common stock held post-transaction
Restricted Stock Units
4,175.595 units
Each unit convertible into one share of common stock
Retirement plan net shares added
111.189 shares
Net shares via contributions, matching and fees since last report
Performance share units via dividends
3.048 units
Acquired through dividend reinvestment since last report
Key Terms
Performance Share Units, Restricted Stock Units, The Toro Company Retirement Plan, Deferred Compensation Plan for Officers, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
The Toro Company Retirement Plan financial
"acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan"
Deferred Compensation Plan for Officers financial
"under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers"
dividend reinvestment feature financial
"acquired by the reporting person under the dividend reinvestment feature"
FAQ
What insider transaction did Toro (TTC) disclose for Angela C. Drake?
Toro disclosed that VP & CFO Angela C. Drake bought 160 shares of common stock in an open-market transaction at $90.005 per share, increasing her direct ownership stake to 9,570.928 shares after the reported trade.
What restricted stock unit holdings does the Toro (TTC) CFO report?
The filing shows Angela C. Drake holds 4,175.595 restricted stock units, each representing a contingent right to receive one Toro common share. These units, and related dividend equivalents, vest in three equal annual installments beginning on the first anniversary of the December 22, 2025 grant date.