Neal Matthew Lackritz, Chief Technology Officer of Toro Co, filed a Form 4 on November 3, 2026, disclosing the acquisition of 4,593 restricted stock units in Toro Co common stock on November 2, 2026.

Key Highlights

  • Reporting person: Neal Matthew Lackritz, Chief Technology Officer of Toro Co (NYSE:TTC)
  • Transaction date: November 2, 2026 - acquisition (code A) of 4,593 restricted stock units
  • Price: $0 per restricted stock unit, according to the filing
  • Post-transaction holdings: 4,593 derivative securities beneficially owned directly following the reported transaction
  • Vesting schedule: The RSUs vest in three equal annual installments commencing on the first anniversary of November 2, 2026
  • Underlying security: Each restricted stock unit represents a contingent right to receive one share of TTC common stock, with an expiration date of November 2, 2029

Toro Co CTO Awarded Restricted Stock Units in November 2026 Grant

According to the Form 4 filed with the SEC on November 3, 2026, Neal Matthew Lackritz, serving as Chief Technology Officer of Toro Co, acquired 4,593 restricted stock units on November 2, 2026. The filing lists the transaction code as "A" (acquisition) and records the price of the derivative security as $0. The filing was signed by Joanna Totsky as attorney-in-fact on November 3, 2026.

As described in the filing's explanation of responses, "each restricted stock unit represents a contingent right to receive one share of TTC common stock." The units are held directly by the reporting person. Following the reported transaction, Lackritz beneficially owns 4,593 restricted stock units directly. The filing also notes 0 shares of common stock beneficially owned following the reported transaction in Table I.

The filing states that the restricted stock units "vest and non-forfeitable in three equal annual installments commencing on the first anniversary of the November 2, 2026." The expiration date for the derivative securities is listed as November 2, 2029. No shares of common stock were directly acquired or disposed of in the non-derivative securities table in connection with this grant.

What Was Disclosed

Toro Co's Chief Technology Officer, Neal Matthew Lackritz, reported the acquisition of 4,593 restricted stock units at $0, with vesting in three equal annual installments beginning on the first anniversary of November 2, 2026, per a Form 4 filed November 3, 2026.