Toro (NYSE: TTC) president sells 1,383 shares, retains RSU and plan holdings

Rhea-AI Filing Summary

The Toro Company’s President & COO Edric C. Funk reported open-market sales totaling 1,383.459 shares of common stock on June 26, 2026, at prices of about $97.97–$97.98 per share from direct, Roth IRA, and health savings accounts.

Following these sales, those specific accounts no longer hold Toro common stock, but Funk continues to have 6,296.787 shares held indirectly through The Toro Company Retirement Plan, as well as 2,115.094 performance share units and restricted stock units covering 18,665.637 and 5,568.130 underlying shares. Each restricted stock unit represents a contingent right to receive one share of Toro common stock and vests in three equal annual installments starting on the first anniversaries of the December 22, 2025 and September 2, 2025 grant dates.

Insider Trade Summary

Net Seller: 1,383.459 shares ($135,543)

Net Sell 7 txns

Insider Funk Edric C

Role President & COO

Sold 1,383.459 shs ($136K)

Type	Security	Shares	Price	Value
Sale	Common Stock	280	$97.975	$27K
Sale	Common Stock	856.051	$97.975	$84K
Sale	Common Stock	247.408	$97.97	$24K
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Performance Share Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Indirect, Health Savings Account); Common Stock — 0 shares (Direct, null); Restricted Stock Units — 5,568.13 shares (Direct, null); Performance Share Units — 2,115.094 shares (Direct, null)

Footnotes (1)

1. Includes 2.064 shares 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. Includes 14.973 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. Includes 195.686 net shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan (the "Retirement Plan") and shares acquired under the dividend reinvestment feature of the Retirement Plan less quarterly non-discretionary administrative fees. 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. The restricted stock units and related dividend equivalents vest in three equal annual installments commencing on the first anniversary of the September 2, 2025 grant date.

Key Figures

Shares sold: 1,383.459 shares Sale prices: $97.97–$97.975 per share Retirement Plan shares: 6,296.787 shares +4 more

7 metrics

Shares sold 1,383.459 shares Total Toro common stock sold on June 26, 2026

Sale prices $97.97–$97.975 per share Open-market sale prices on June 26, 2026

Retirement Plan shares 6,296.787 shares Indirect common stock holding via The Toro Company Retirement Plan

Performance share units 2,115.094 units Equity-based compensation units held directly

Restricted stock units block 1 18,665.637 underlying shares RSUs convertible into Toro common stock, direct holding

Restricted stock units block 2 5,568.130 underlying shares Additional RSUs convertible into Toro common stock, direct holding

Dividend reinvestment additions 2.064; 14.973; 195.686 units/shares Increases from dividend reinvestment and contributions per footnotes

Key Terms

Performance Share Units, Restricted Stock Units, dividend reinvestment feature, Deferred Compensation Plan, +1 more

5 terms

Performance Share Units financial

"Includes 14.973 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."

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 of TTC common stock."

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.

dividend reinvestment feature financial

"Includes 2.064 shares 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."

Deferred Compensation Plan financial

"dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers."

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

Retirement Plan financial

"The Toro Company Retirement Plan (the "Retirement Plan") and shares acquired under the dividend reinvestment feature of the Retirement Plan"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 04:31 PM Accepted by SEC EDGAR 06/29/2026 - 04:30 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).

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^*

Funk Edric 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/26/2026		S		280	D	$97.975	0	I	Health Savings Account
Common Stock	06/26/2026		S		856.051	D	$97.975	0	D
Common Stock	06/26/2026		S		247.408(1)	D	$97.97	0	I	Roth IRA
Performance Share Units								2,115.094(2)	D
Common Stock								6,296.787(3)	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	(4)							(5)	(5)	Common Stock	5,568.13		5,568.13	D
Restricted Stock Units	(4)							(6)	(6)	Common Stock	18,665.637		18,665.637	D

Explanation of Responses:

1. Includes 2.064 shares 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.

2. Includes 14.973 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.

3. Includes 195.686 net shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan (the "Retirement Plan") and shares acquired under the dividend reinvestment feature of the Retirement Plan less quarterly non-discretionary administrative fees.

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

5. 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.

6. The restricted stock units and related dividend equivalents vest in three equal annual installments commencing on the first anniversary of the September 2, 2025 grant date.

Remarks:

	/s/ Joanna M. Totsky, Attorney-in-Fact	06/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Toro (TTC) President & COO Edric C. Funk report in this Form 4?

Edric C. Funk reported open-market sales of 1,383.459 shares of Toro common stock on June 26, 2026. These sales came from direct, Roth IRA, and health savings accounts, all at prices near $97.97–$97.98 per share.

How many Toro (TTC) shares did Edric C. Funk sell, and at what prices?

He sold a total of 1,383.459 shares of Toro common stock on June 26, 2026. The reported sale prices were about $97.97 and $97.975 per share in open-market transactions from multiple personal and retirement-related accounts.

What Toro (TTC) holdings does Edric C. Funk retain after the reported sales?

After the sales, Funk still has 6,296.787 shares indirectly through The Toro Company Retirement Plan. He also holds 2,115.094 performance share units and restricted stock units tied to 18,665.637 and 5,568.130 underlying Toro common shares.

How do Edric C. Funk’s restricted stock units in Toro (TTC) work?

Each restricted stock unit represents a contingent right to receive one Toro common share. The units and related dividend equivalents vest in three equal annual installments starting on the first anniversaries of the December 22, 2025 and September 2, 2025 grant dates.

What do the performance share units reported by Toro (TTC) executive Edric C. Funk represent?

Funk reported 2,115.094 performance share units, including amounts added via a dividend reinvestment feature. These units are held under The Toro Company Deferred Compensation Plan for Officers and reflect a form of equity-based compensation rather than current common stock holdings.

What role did dividend reinvestment features play in Edric C. Funk’s Toro (TTC) holdings?

Footnotes show small incremental gains from dividend reinvestment. These include 2.064 shares added in one account, 14.973 performance share units added under a deferred compensation plan, and 195.686 net shares added in The Toro Company Retirement Plan.