Toro SEC Filings

A Toro Company (TTC) Form 4 filed for Amy E. Dahl reports multiple transactions on 09/17/2025 showing both acquisitions and dispositions of common stock and the grant/exercise-status of stock options. The filing lists three non-qualified stock option grants exercisable for 17,200; 16,600; and 13,200 shares with exercise prices of $38.82, $56.54, and $65.93, respectively, and notes those options currently result in 0 underlying shares held following reported transactions. On the same date the report records several open-market or plan transactions: acquisitions of 17,200, 16,600, and 13,200 shares at the prices above, and dispositions of 11,589, 13,207, and 11,576 shares at $80.15. The filing also shows 4,175.082 shares held indirectly via the Retirement Plan and 18,777.125 performance share units noted as disposed. The report was signed by an attorney-in-fact on 09/18/2025.

Toro Company director James Calvin O'Rourke executed and reported equity transactions on 09/08/2025. The filing shows a non-qualified stock option exercise (code M) resulting in acquisition of 5,038 shares at an exercise price of $37.67. The same day a separate transaction (code F) recorded a disposition of 2,334 shares, leaving the reporting person with 2,704 shares beneficially owned following the sale. The derivative table confirms the exercised option related to a grant with a vesting schedule that began on November 2, 2015. The filer also corrected a prior Form 4 overstatement: an administrative error had previously double-counted shares, and the current filing adjusts the reported balance to the accurate amount.

The Toro Company reported third-quarter fiscal 2025 consolidated net sales of $1,131.3 million, down 2.2% from $1,156.9 million a year earlier, and year-to-date net sales of $3,444.2 million, down 1.8%. Professional segment sales rose 5.7% in the quarter to $930.8 million and were up 2.7% year-to-date, while Residential segment sales fell 27.9% in the quarter to $192.8 million and were down 15.7% year-to-date.

Net earnings were $53.5 million, or $0.54 per diluted share, versus $119.3 million, or $1.14 per diluted share, in the prior-year quarter; adjusted net earnings were $122.5 million, or $1.24 per diluted share, versus $123.7 million, or $1.18 per diluted share. The company recorded an $81.1 million non-cash impairment charge related to the Spartan trade name in the Professional segment. The Board increased the quarterly cash dividend to $0.38 per share and the company returned $403.8 million to shareholders via dividends and repurchases in the first nine months.

The Toro Company director and President & COO Edric C. Funk reported Form 4 transactions on 09/02/2025 reflecting awards, disposals and account balance adjustments. The filing shows a disposition of 321.241 shares to correct an administrative error and grants of 18,418 restricted stock units (RSUs) granted 09/02/2025 and 767.953 RSUs from a prior grant, each unit representing one share. The 09/02/2025 RSUs have an indicated per-share price reference of $81.44 and vest in three equal annual installments beginning one year after grant. The report also discloses holdings across a Roth IRA (6,045.452 shares), a Health Savings Account (244.104 shares), and The Toro Company Retirement Plan (net holding activity noted). Explanatory notes clarify dividend reinvestment and administrative adjustments; no option exercises or cash sales are reported.

T. Rowe Price Associates, Inc. filed an Amendment No. 3 to Schedule 13G disclosing beneficial ownership of 4,170,500 shares of Toro Co common stock, representing 4.2% of the class. The filing reports sole voting power over 3,988,287 shares and sole dispositive power over 4,145,484 shares and identifies the security by CUSIP 891092108.

The statement classifies the filer as an investment adviser organized in Maryland and includes a certification that the shares were acquired and are held in the ordinary course of business and not to change or influence control of the issuer. No group affiliations or parent/subsidiary acquisitions are reported.

On 31 July 2025, Jason P. Baab—Vice President, Strategy, Corporate Development & Sustainability of The Toro Company (TTC)—filed a Form 4 disclosing routine equity-award activity. Baab converted 2,718.579 restricted stock units into common stock (Transaction Code M) at an exercise/valuation price of $74.25. To satisfy tax withholding, 832 shares were automatically forfeited to the issuer (Code F) at the same price. After these transactions, Baab’s direct holdings rose to 3,736.322 shares; he also owns 1.022 shares indirectly via The Toro Company Retirement Plan and retains 2,719.618 unvested RSUs that vest in three equal annual installments beginning 07/31/2024.

No open-market purchases or sales occurred, and the filing does not alter the company’s share count. The activity reflects scheduled vesting under a 2023 grant and modestly increases insider ownership, offering limited but generally constructive signaling to investors.

Toro (NYSE:TTC) filed a Form 4 disclosing that VP-Technology Kurt D. Svendsen on 06/26/2025 exercised 6,000 stock options at $38.82 and immediately sold 6,000 common shares in four trades priced between $70.98 – $71.01, realising roughly $426 k in proceeds.

Following the transactions he directly owns 17,646 shares; including retirement-plan and deferred units, total beneficial ownership is about 35,353 shares. The sale equals an estimated 17 % of his aggregate holdings, exceeding the 5 % materiality threshold and signalling partial profit-taking ahead of the option’s 12/04/2025 expiry.

Form 144 Notice: Kurt D. Svendsen, an officer at Toro Company, has filed a notice of proposed sale of 6,000 shares of common stock with an aggregate market value of $425,967.80. The sale is planned to execute on June 26, 2025, through Fidelity Brokerage Services LLC on the NYSE.

The securities were acquired through a stock option granted on December 4, 2015, and exercised on June 26, 2025, with cash payment. The total outstanding shares of Toro Company are 98,685,272.

Key Details:

• No other securities sales reported by the insider in the past 3 months
• Transaction represents approximately 0.006% of total outstanding shares
• Average price per share: $70.99
• Filing includes standard attestation that seller has no knowledge of undisclosed material adverse information