Form 4: Toll Brothers Director Christine Garvey Reports Gift of Shares
SEC Form 4 Filing
Director Christine Garvey reported a gift of Toll Brothers (TOL) common stock, according to a recent SEC Form 4 filing.
Summary
- On March 15, 2024, Christine Garvey, a director of Toll Brothers, Inc. (TOL), reported a transaction involving the company's common stock.
- The transaction involved a gift of 170 shares of common stock.
- Following the transaction, Ms. Garvey directly owns 0 shares and indirectly owns 8,293 shares through a trust, and 124 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of a transaction. It doesn't contain information that would strongly suggest positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect a significant trend in the homebuilding industry or Toll Brothers' competitive position.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction (gift of shares) |
| 03/18/2024 | Date of signature on the Form 4 filing |
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