Form 4: Toll Brothers Director Exercises Options and Sells Shares

Paul E. Shapiro, a director at Toll Brothers, exercised stock options and sold a portion of the acquired shares on December 16, 2024.

Summary

• Paul E. Shapiro, a director of Toll Brothers, exercised 3,837 stock options at a price of $32.49 per share on December 16, 2024.
• Following the exercise of these options, Mr. Shapiro sold the 3,837 shares at a weighted average price of $134.1407 per share.
• The sale price ranged from $134.09 to $134.19 per share.
• After these transactions, Mr. Shapiro directly owns 119,937 shares of Toll Brothers common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a stock option exercise and sale by a director. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for directors and officers of publicly traded companies. It does not indicate any specific trend in the home building industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The transactions are typical for executives who receive stock options as part of their compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it represents a small portion of the total outstanding shares.

Key Dates

Keywords

stock options, insider trading, Toll Brothers, share sale, Form 4, director, equity