Form 4: Toll Brothers CFO Martin P. Connor Sells $1.9 Million in Company Stock
SEC Form 4 Filing
Chief Financial Officer of Toll Brothers, Martin P. Connor, sold 16,194 shares of common stock on June 10, 2024, at an average price of $118.7379 per share.
Summary
- On June 10, 2024, Martin P. Connor, the Chief Financial Officer of Toll Brothers, Inc., sold 16,194 shares of the company's common stock.
- The sale was executed at an average price of $118.7379 per share.
- Following the transaction, Connor directly owns 28,527 shares of Toll Brothers common stock.
- The price range for the sales on that day was between $118.573 and $119.012.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management. The market will likely interpret this in the context of overall company performance and industry trends.
Stakeholder Impact
- The sale could have a minor negative impact on shareholder sentiment if interpreted negatively, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of the stock sale transaction. |
| 06/11/2024 | Date of signature on the Form 4 filing. |
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