Form 4: Toro Director Gifts Compensation Shares to Family Trust

Toro Company Director Jill M Pemberton received 1,817 shares as compensation and subsequently gifted them to The Pemberton Family Trust.

Summary

• Jill M Pemberton, a Director of The Toro Company (TTC), reported transactions on December 15, 2025.
• She acquired 1,817 shares of common stock at a price of $73.47 per share, issued under The Toro Company 2022 Equity and Incentive Plan as compensation for calendar year 2025.
• Concurrently, she disposed of these 1,817 shares via a gift (transaction code 'G') at the same price.
• Following these transactions, The Pemberton Family Trust, which she indirectly beneficially owns, acquired 1,817 shares, increasing its indirect beneficial ownership to 7,941 shares.
• Her direct beneficial ownership of common stock is now 0 shares, while she also directly holds 987.347 Common Stock Units.

Sentiment

Score: 5

Explanation: This filing is a standard Form 4 reporting an insider transaction involving compensation and a subsequent gift to a family trust, which is a routine event and does not inherently indicate positive or negative sentiment for the company's operational performance or future prospects.

Positives

• Director Jill M Pemberton received 1,817 shares of common stock as compensation, indicating continued alignment with shareholder interests.
• The shares were issued under The Toro Company 2022 Equity and Incentive Plan, demonstrating the company's use of equity-based compensation.

Negatives

• The direct beneficial ownership of common stock by Director Jill M Pemberton decreased to 0 shares after the gift.

Future Outlook

NA

Industry Context

This Form 4 filing reports a routine insider transaction related to director compensation and personal estate planning, which is specific to The Toro Company and does not provide broader industry context or trends.

Related Party Transactions

• Director Jill M Pemberton gifted 1,817 shares of common stock to The Pemberton Family Trust, which she indirectly beneficially owns.

Stakeholder Impact

• Shareholders: The transaction reflects a director's compensation structure and personal asset management, with a minor impact on overall share float. It indicates continued equity alignment through compensation.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Toro Company, TTC, Form 4, Insider Transaction, Director Compensation, Equity Plan, Stock Grant, Family Trust, Beneficial Ownership