Carpenter Kevin N 4
4 · TORO CO · Filed Dec 19, 2024
Insider Transaction Report
Form 4
TORO COTTC
Carpenter Kevin N
VP, Global Ops & Supply Chain
Transactions
- Exercise/Conversion
Common Stock
2024-12-18$81.44/sh+1,327$108,071→ 8,349.81 total - Disposition to Issuer
Common Stock
2024-12-18$81.44/sh−407$33,146→ 7,942.81 total
Holdings
- 1.031(indirect: The Toro Company Retirement Plan)
Common Stock
- 7,021.725
Restricted Stock Units
→ Common Stock (7,021.725 underlying)
Footnotes (3)
- [F1]Represents the payout of a Performance Share Award for the Fiscal 2022 to Fiscal 2024 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated, as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 10, 2024, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2024 financial results that were released on December 18, 2024.
- [F2]Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
- [F3]The restricted stock units vest and become non-forfeitable in full on January 23, 2027, which is the third anniversary of the date of grant.