Form 4: Toll Brothers Director Paul E. Shapiro Reports Gift of 170 Common Shares
SEC Form 4 Filing
Director Paul E. Shapiro reported a gift of 170 common shares of Toll Brothers, Inc. on June 6, 2024.
Summary
- On June 6, 2024, Paul E. Shapiro, a director of Toll Brothers, Inc., reported a transaction involving the company's common stock.
- The transaction involved a gift of 170 shares of common stock.
- Following the transaction, Shapiro directly owns 119,937 shares of Toll Brothers common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares, which is a neutral event.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small gift of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of transaction (gift of common stock) |
| 06/07/2024 | Date of signature on the Form 4 filing |
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