Form 4: Toll Brothers Director Christine Garvey Reports Stock Sale and Gift
SEC Form 4 Filing
Christine Garvey, a director at Toll Brothers, Inc., reported the sale of 420 shares and a gift of 566 shares of common stock.
Summary
- On February 24, 2025, Christine Garvey, a director of Toll Brothers, Inc., sold 420 shares of common stock at a price of $110.585 per share.
- On February 25, 2025, Ms. Garvey gifted 566 shares of common stock.
- Following these transactions, Ms. Garvey indirectly owns 12,620 shares through a trust and 124 shares through her spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Sale of 420 shares of common stock at $110.585 per share. |
| 02/25/2025 | Gift of 566 shares of common stock. |
| 02/25/2025 | Date of signature by attorney-in-fact. |
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