Form 4 for TOL Toll Brothers, Inc.
Accepted 2025-12-19 00:00:00 ET · period of report 2025-12-17 · accession 0000794170-25-000110 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-19 | 2025-12-17 | TOL | Yearley Douglas C. Jr. | CEO, Dir | F - Tax | $138.67 | -15.4K | 321.6K | -5% | -$2.14M |
| D | 2025-12-19 | 2025-12-17 | TOL | Yearley Douglas C. Jr. | CEO, Dir | A - Grant | $0.00 | +37.9K | 337.0K | +13% | $0 |
| D | 2025-12-19 | 2025-12-17 | TOL | Yearley Douglas C. Jr. | CEO, Dir | A - Grant | $0.00 | +22.8K | 22.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-17 | F | D | 15,409 | $138.67 | 321,627 | D | — | — | |
| 2 | Common | Common Stock | 2025-12-17 | A | A | 37,915 | $0.00 | 337,036 | D | — | — | (F1) Reflects the number of shares earned in respect of ROE-based performance restricted stock units originally granted on December 19, 2022. On December 17, 2025, the Executive Compensation Committee of the Issuer's Board of Directors certified the achievement of the applicable performance metrics, which measured return on equity (ROE) of the Issuer over the three-year period from November, 1 2022 to October 31, 2025. Settlement of the shares occurred on December 19, 2025. |
| 3 | Derivative | Performance Based Restricted Stock Units | 2025-12-17 | A | A | 22,789 | $0.00 | 22,789 | D | $0.00 · 2028-12-19 to 2028-12-19 | 22,789 Common Stock | (F2) Reflects the number of shares earned in respect to operational performance restricted stock units originally granted December 19, 2024. On December 17, 2025, the Executive Compensation Committee of the Board of Directors certified the achievement levels of the operational metrics applicable to the award and the number of shares earned based on such results. One quarter of the shares earned vest each anniversary of the grant date, with settlement of 100% of the award on the fourth anniversary. (F3) These performance-based restricted stock units vest 25% on each of December 19, 2025, 2026, 2027 and 2028. Settlement of 100% of earned shares is scheduled to occur on December 19, 2028. |