Form 4: Toro Co. VP Amy E. Dahl Reports Stock Transactions

Amy E. Dahl, VP of International at Toro Co., reports the acquisition and disposal of common stock and derivative securities.

Summary

• Amy E. Dahl, VP, International at Toro Co. reported transactions involving Toro Co. common stock and non-qualified stock options on March 21, 2024.
• Dahl acquired 2,230 shares of common stock at $31.375 per share through the exercise of non-qualified stock options.
• She then disposed of 1,238 shares and 1,220 shares of common stock at $90.535 per share to cover tax obligations.
• Following these transactions, Dahl directly owns 20,708.261 shares of common stock and indirectly owns 3,946.057 shares through The Toro Company Retirement Plan.
• She also holds 16,132.063 performance share units.
• The reported transactions also involved non-qualified stock options with an exercise price of $31.375, which were granted on December 5, 2014, and vested in installments.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.
• Employees participating in The Toro Company Retirement Plan are indirectly affected by the changes in the plan's stock holdings.

Key Dates