Form 4: Director Garvey Reports Disposition of Toll Brothers Shares
SEC Filing
Christine Garvey, a director of Toll Brothers, Inc., reported the disposition of 47 common stock shares held in trust on March 28, 2025.
Summary
- On March 28, 2025, Christine Garvey, a director of Toll Brothers, Inc., reported a transaction involving the company's common stock.
- The transaction involved the disposition of 47 shares of common stock held indirectly through a trust.
- Following the reported transaction, Ms. Garvey beneficially owns 12,385 shares indirectly through a trust and 124 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, and the transaction itself is relatively small, suggesting a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activity of individuals with privileged information.
Stakeholder Impact
- The disposition of shares by a director could be perceived negatively by shareholders, although the small number of shares involved suggests minimal impact.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction and filing of Form 4 |
Keywords
Form 4, Toll Brothers, Director, Stock Disposition, Beneficial Ownership, Garvey
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