TORO CO — Director's Dealing 2023

Mar 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2023-03-27

Reporting Person: Rodier Richard W (Group VP, Construction)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-27	Common Stock	M	1400	$31.375	Acquired	25136.668	Direct
2023-03-27	Common Stock	S	1400	$108.779	Disposed	23736.668	Direct
2023-03-27	Common Stock	M	1600	$38.82	Acquired	25336.668	Direct
2023-03-27	Common Stock	S	1600	$108.85	Disposed	23736.668	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-27	Non-Qualified Stock Option	$31.375	M	1400	Disposed	2024-12-05	Common Stock (1400)	Direct
2023-03-27	Non-Qualified Stock Option	$38.82	M	1600	Disposed	2025-12-04	Common Stock (1600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2833.551	Indirect
Performance Share Units	6158.082	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $108.760 to $108.782, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: Includes 8.276 shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan.

F3: Includes 17.906 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.

F4: The option vested in three equal annual installments commencing on the first anniversary of the December 5, 2014 grant date.

F5: The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.