Toro (TTC) officer granted 20,632 RSUs; 2028 vesting

The Toro Company (TTC) reported insider equity awards by a company officer on 10/10/2025.

Rhea-AI Filing Summary

The Toro Company (TTC) reported insider equity awards by a company officer on 10/10/2025. The reporting person, an officer (Group VP, Landscapes & Contracting), received 20,632 restricted stock units (RSUs) at a stated price of $0, which vest in full on October 10, 2028.

The filing also lists 767.953 RSUs outstanding from a prior grant that vests in three equal annual installments beginning on the first anniversary of the November 1, 2022 grant date. Indirect common stock held through The Toro Company Retirement Plan was reported as 2,195.433 shares, reflecting a 0.013-share decrease tied to quarterly administrative fees.

Insider Trade Summary

Grant/Award: 20,632 shares

Grant/Award 5 txns

Insider JANEY GREGORY S

Role Group VP, Landscapes & Contrac

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	--	--	--

Holdings After Transaction: Restricted Stock Units — 21,399.953 contracts for 767.953 underlying shares (Direct); Common Stock — 4,982.669 shares (Direct); Performance Share Units — 6,398.101 shares (Direct); Common Stock — 2,195.433 shares (Indirect, The Toro Company Retirement Plan)

Footnotes (4)

1. F1. Reflects a decrease of 0.013 related to the quarterly non-discretionary administrative fees of The Toro Company Retirement Plan.
2. F2. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
3. F3. The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date.
4. F4. 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 report in this Form 4?

An officer received 20,632 RSUs on 10/10/2025 at a stated price of $0, with additional existing RSUs and plan share adjustments disclosed.

How do the newly granted TTC RSUs vest?

The 20,632 RSUs vest in full on October 10, 2028.

What prior RSUs are outstanding for the reporting person at TTC?

The filing shows 767.953 RSUs outstanding, vesting in three equal annual installments starting after the November 1, 2022 grant.

Were there changes to shares held via the TTC Retirement Plan?

Indirect holdings are 2,195.433 common shares, reflecting a 0.013-share decrease due to quarterly administrative fees.

Who is the reporting person’s relationship to TTC?

The reporting person is an officer (Group VP, Landscapes & Contracting).

What is the issuer and ticker for this filing?

The issuer is The Toro Company with ticker TTC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/14/2025 - 03:58 PM Learn about SEC filing dates

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).

1. Name and Address of Reporting Person^*

JANEY GREGORY S

(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)
	Group VP, Landscapes & Contrac

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
Common Stock								4,982.669	D
Performance Share Units								6,398.101	D
Common Stock								2,195.433(1)	I	The Toro Company 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	(2)							(3)	(3)	Common Stock	767.953		767.953	D
Restricted Stock Units	(2)	10/10/2025		A		20,632		(4)	(4)	Common Stock	20,632	$0	20,632	D

Explanation of Responses:

1. Reflects a decrease of 0.013 related to the quarterly non-discretionary administrative fees of The Toro Company Retirement Plan.

2. Each restricted stock unit represents a contingent right to receive one share of TTC common stock.

3. The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date.

4. 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.

Remarks:

	/s/ Joanna M. Totsky, Attorney-in-Fact	10/10/2025
	** 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.