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TTC insider filing reports 3,438 RSUs and updated holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

The Toro Company (TTC) officer filed a Form 4 reporting an equity grant. On 10/10/2025, the Group Vice President of Golf, Grounds & Irrigation was granted 3,438 restricted stock units (RSUs). The RSUs and related dividend equivalents vest in three equal annual installments beginning on the first anniversary of October 10, 2025.

Following the reported transactions, beneficial ownership includes 1,881.834 shares of common stock held directly and 2,540.023 shares held indirectly via the TTC Retirement Plan, along with 2,236.0087 performance share units. The filing also notes an administrative correction to ensure it reflects the reporting person’s own CIK.

Positive

  • None.

Negative

  • None.
Insider Young Grant
Role VP, Golf, Grounds & Irrigation
Type Security Shares Price Value
holding Restricted Stock Units -- -- --
holding Performance Share Units -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 3,438 shares (Direct); Performance Share Units — 2,236.009 shares (Direct); Common Stock — 1,881.834 shares (Direct); Common Stock — 2,540.023 shares (Indirect, TTC Retirement Plan)
Footnotes (1)
  1. 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 and non-forfeitable in three equal annual installments commencing on the first anniversary of the October 10, 2025.
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Form 4 Insider Transactions: What Each Field Means →
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
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*
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)
10/10/2025
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
Performance Share Units 2,236.0087 D
Common Stock 1,881.834 D
Common Stock 2,540.023 I TTC Retirement Plan
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) 10/10/2025(2) 10/10/2025 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 and related dividend equivalents vest and non-forfeitable in three equal annual installments commencing on the first anniversary of the October 10, 2025.
Remarks:
On October 10, 2025, Grant M. Young received a stock grant in connection with his service as Group Vice President of Golf, Grounds & Irrigation. The original form 4 filed on October 14, 2025 was filed timely. However, TTC's CIK EDGAR code was used instead of the reporting person's CIK code, because the reporting person's CIK code had not yet been received. As a result, TTC's name appeared in box 1. This new form 4 has been filed using the reporting person's CIK EDGAR code.
/s/ Joanna M. Totsky, Attorney-in-Fact 11/04/2025
** 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.
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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Toro (TTC) report in this Form 4?

An officer received 3,438 restricted stock units on 10/10/2025, with updated holdings disclosed.

How do the RSUs for TTC’s officer vest?

They vest in three equal annual installments starting on the first anniversary of October 10, 2025.

What direct TTC share holdings were reported?

Direct beneficial ownership includes 1,881.834 shares of common stock.

What indirect TTC holdings were reported?

Indirect beneficial ownership includes 2,540.023 shares of common stock via the TTC Retirement Plan.

Were performance share units disclosed for TTC?

Yes, the officer reported 2,236.0087 performance share units as beneficially owned.

Who is the reporting person’s role at Toro (TTC)?

The filer is the Group Vice President, Golf, Grounds & Irrigation.

Was there any administrative note in the filing?

Yes. A prior submission used TTC’s CIK; this filing corrects it to the reporting person’s CIK.