STOCK TITAN

Toro (NYSE: TTC) CFO adds 160 shares in open-market purchase

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
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 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)
  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.
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
Performance Share Units financial
"Includes 3.048 performance share units acquired by the reporting person"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
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"
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SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Drake Angela C

(Last)(First)(Middle)
8111 LYNDALE AVENUE SOUTH

(Street)
BLOOMINGTON MINNESOTA 55420

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TORO CO [ TTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/16/2026P160A$90.0059,570.928D
Common Stock593.465(1)IThe Toro Company Retirement Plan
Performance Share Units761.138(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3) (4) (4)Common Stock4,175.5954,175.595D
Explanation of Responses:
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.
2. 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.
3. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
4. 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.
Remarks:
/s/ Joanna M. Totsky, Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Toro (TTC) shares does the CFO hold after the latest Form 4?

After the reported transaction, VP & CFO Angela C. Drake directly holds 9,570.928 Toro common shares. She also has additional indirect holdings through a retirement plan and various incentive awards, including performance share units and restricted stock units tied to Toro common stock.

What price did the Toro (TTC) CFO pay for the purchased shares?

Angela C. Drake purchased 160 Toro common shares at $90.005 per share in an open-market transaction. This price reflects the per-share consideration for that specific trade and is disclosed in the Form 4 as the transaction price per share.

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.

How are Toro (TTC) performance share units accounted for in this Form 4?

The Form 4 lists performance share units held by Angela C. Drake, including 3.048 additional units acquired since her last report through dividend reinvestment in The Toro Company Deferred Compensation Plan for Officers, reflecting ongoing accruals rather than a new open-market trade.

What Toro (TTC) shares are held through the company retirement plan?

Common stock attributed to Angela C. Drake through The Toro Company Retirement Plan is reported as indirect ownership. Footnotes state this includes 111.189 net shares acquired since her last report via regular contributions, issuer matching, and the deduction of quarterly administrative fees.