Carpenter Kevin N 4
4 · TORO CO · Filed Dec 18, 2025
Insider Transaction Report
Form 4
TORO COTTC
Carpenter Kevin N
VP, Global Ops & Supply Chain
Transactions
- Exercise/Conversion
Common Stock
2025-12-17$80.43/sh+643$51,716→ 8,585.81 total - Tax Payment
Common Stock
2025-12-17$80.43/sh−197$15,845→ 8,388.81 total
Holdings
- 1.052(indirect: The Toro Company Retirement Plan)
Common Stock
- 7,165.997
Restricted Stock Units
→ Common Stock (7,165.997 underlying)
Footnotes (4)
- [F1]Represents the payout of a Performance Share Award for the Fiscal 2023 to Fiscal 2025 Performance Period under The Toro Company 2022 Equity and Incentive Plan, as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 9, 2025, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2025 financial results that were released on December 17, 2025.
- [F2]Includes 0.021 shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
- [F3]Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
- [F4]The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on January 23, 2027, which is the third anniversary of the date of grant.