SEC Form 4 · accession 0001628280-26-045257
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt D Svendsen
Officer — VP, Technology
Period of report
Jun 23, 2026
Accepted (ET)
Jun 24, 2026 · 5:00 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000737758
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 23, 2026 | M | 6,600 | $56.54 | A | 18,766 | D | |
| Common StockF2 | Jun 23, 2026 | S | 6,600 | $93.09 | D | 12,166 | D | |
| Common StockF3 | holding | — | — | — | 11,577 | I | The Toro Company Retirement Plan | |
| Performance Share UnitsF4 | holding | — | — | — | 6,405 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF5 | $56.54 | Jun 23, 2026 | M | 6,600 | D | — | Dec 9, 2026 | Common Stock | 6,600 | 0 | D |
| Restricted Stock UnitsF6,F7 | — | holding | — | — | — | — | — | Common Stock | 1,183 | 1,183 | D |
Explanation of responses
- F1Includes 48.475 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.
- F2The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $93.12 per share to $93.24 per share, inclusive. The reporting person undertakes to provide to The Toro Company, any security holder of The Toro Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Includes 46.354 net shares acquired under the dividend reinvestment feature of The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.
- F4Includes 25.652 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.
- F5The option vests in three equal annual installments commencing on the first anniversary of the December 9, 2016 grant date.
- F6Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
- F7The 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.