TORO CO — Director's Dealing 2025

Dec 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2025-12-22

Reporting Person: Carpenter Kevin N (VP, Global Ops & Supply Chain)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-22	Restricted Stock Units	$	A	1802	Acquired		Common Stock (1802)	Direct
2025-12-22	Non-Qualified Stock Option	$78.47	A	5116	Acquired	2035-12-22	Common Stock (5116)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8388.81	Direct
Common Stock	1.052	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (7165.997)	7165.997	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of TTC common stock.

F2: The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.

F3: The option vests in three equal annual installments commencing on the first anniversary of the December 22, 2025 grant date.

F4: The restricted stock units vest and become non-forfeitable in full on January 23, 2027, which is the third anniversary of the date of grant.