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STOCK TITAN

[Form 4] Toll Brothers, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

SEC Form 4 filing overview: On 07/14/2025 Toll Brothers, Inc. (TOL) director Christine Garvey reported the sale of 770 common shares at $119.8156 per share, coded “S� for disposition.

After the transaction, Garvey’s holdings stand at 11,590 shares held indirectly through a trust and 124 shares held indirectly through her spouse; no shares are shown as held directly. The filing, signed on 07/15/2025 by attorney-in-fact Michael J. Grubb, discloses no derivative security activity.

The trade, valued at roughly $92k, is a routine move by a non-executive director and is unlikely to have a material impact on Toll Brothers� ownership structure or governance.

Panoramica della presentazione del modulo SEC Form 4: Il 14/07/2025 Christine Garvey, membro del consiglio di Toll Brothers, Inc. (TOL), ha comunicato la vendita di 770 azioni ordinarie a 119,8156 $ per azione, indicata con il codice “S� per disposizione.

Dopo l’operazione, le partecipazioni di Garvey ammontano a 11.590 azioni detenute indirettamente tramite un trust e 124 azioni detenute indirettamente tramite il coniuge; non risultano azioni detenute direttamente. La comunicazione, firmata il 15/07/2025 dall’avvocato incaricato Michael J. Grubb, non segnala attività su strumenti derivati.

La transazione, del valore di circa 92.000 $, rappresenta una mossa ordinaria da parte di un amministratore non esecutivo e difficilmente influenzerà in modo significativo la struttura proprietaria o la governance di Toll Brothers.

Resumen de la presentación del formulario SEC Form 4: El 14/07/2025, Christine Garvey, directora de Toll Brothers, Inc. (TOL), reportó la venta de 770 acciones comunes a $119.8156 por acción, codificada como “S� para disposición.

Tras la transacción, las participaciones de Garvey son de 11,590 acciones mantenidas indirectamente a través de un fideicomiso y 124 acciones mantenidas indirectamente a través de su cónyuge; no se muestran acciones mantenidas directamente. La presentación, firmada el 15/07/2025 por el apoderado Michael J. Grubb, no revela actividad en valores derivados.

La operación, valorada en aproximadamente $92,000, es una acción rutinaria de una directora no ejecutiva y probablemente no tendrá un impacto material en la estructura de propiedad o gobernanza de Toll Brothers.

SEC Form 4 제출 개요: 2025� 7� 14�, Toll Brothers, Inc.(TOL) 이사 Christine Garvey가 770� 보통� 매도� 주당 $119.8156� 보고했으�, 매도� “S� 코드� 표시되었습니�.

거래 � Garvey� 보유 주식은 신탁� 통해 간접 보유� 11,590�배우자를 통해 간접 보유� 124�이며, 직접 보유 주식은 없습니다. � 서류� 2025� 7� 15� 법정대리인 Michael J. Grubb가 서명했으�, 파생상품 관� 거래� 보고되지 않았습니�.

� 9� 2� 달러 상당� 이번 거래� 비임� 이사� 일상적인 조치�, Toll Brothers� 소유 구조� 경영� 중대� 영향� 미칠 가능성은 낮습니다.

Résumé du dépôt du formulaire SEC Form 4 : Le 14/07/2025, Christine Garvey, administratrice de Toll Brothers, Inc. (TOL), a déclaré la vente de 770 actions ordinaires au prix de 119,8156 $ par action, codée « S » pour disposition.

Après cette opération, les avoirs de Garvey s’élèvent à 11 590 actions détenues indirectement via un trust et 124 actions détenues indirectement via son conjoint ; aucune action détenue directement n’est mentionnée. Le dépôt, signé le 15/07/2025 par le mandataire Michael J. Grubb, ne révèle aucune activité sur titres dérivés.

Cette transaction, d’une valeur d’environ 92 000 $, constitue une opération courante d’une administratrice non exécutive et est peu susceptible d’avoir un impact significatif sur la structure de propriété ou la gouvernance de Toll Brothers.

Übersicht zur Einreichung des SEC Formulars 4: Am 14.07.2025 meldete Christine Garvey, Direktorin von Toll Brothers, Inc. (TOL), den Verkauf von 770 Stammaktien zu je 119,8156 $, codiert als „S� für Veräußerung.

Nach der Transaktion hält Garvey 11.590 Aktien indirekt über einen Trust und 124 Aktien indirekt über ihren Ehepartner; direkte Aktien sind nicht aufgeführt. Die Einreichung, unterzeichnet am 15.07.2025 vom Bevollmächtigten Michael J. Grubb, weist keine Derivataktivitäten aus.

Der Handel im Wert von etwa 92.000 $ stellt eine routinemäßige Transaktion einer nicht geschäftsführenden Direktorin dar und wird voraussichtlich keine wesentlichen Auswirkungen auf die Eigentümerstruktur oder Unternehmensführung von Toll Brothers haben.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Minor insider sale; neutral impact.

The Form 4 shows a small disposition�770 shares—by director Christine Garvey at $119.8156. Post-sale ownership remains above 11.7k shares through indirect vehicles. No options or other derivatives were involved, and her board role is unchanged. Given Toll Brothers� ~112 million shares outstanding, this sale is immaterial (<0.001%) and signals neither significant confidence change nor liquidity stress. Investors generally view such modest director-level trades as routine portfolio adjustments. Overall impact on valuation, governance, or insider-sentiment metrics is neutral.

Panoramica della presentazione del modulo SEC Form 4: Il 14/07/2025 Christine Garvey, membro del consiglio di Toll Brothers, Inc. (TOL), ha comunicato la vendita di 770 azioni ordinarie a 119,8156 $ per azione, indicata con il codice “S� per disposizione.

Dopo l’operazione, le partecipazioni di Garvey ammontano a 11.590 azioni detenute indirettamente tramite un trust e 124 azioni detenute indirettamente tramite il coniuge; non risultano azioni detenute direttamente. La comunicazione, firmata il 15/07/2025 dall’avvocato incaricato Michael J. Grubb, non segnala attività su strumenti derivati.

La transazione, del valore di circa 92.000 $, rappresenta una mossa ordinaria da parte di un amministratore non esecutivo e difficilmente influenzerà in modo significativo la struttura proprietaria o la governance di Toll Brothers.

Resumen de la presentación del formulario SEC Form 4: El 14/07/2025, Christine Garvey, directora de Toll Brothers, Inc. (TOL), reportó la venta de 770 acciones comunes a $119.8156 por acción, codificada como “S� para disposición.

Tras la transacción, las participaciones de Garvey son de 11,590 acciones mantenidas indirectamente a través de un fideicomiso y 124 acciones mantenidas indirectamente a través de su cónyuge; no se muestran acciones mantenidas directamente. La presentación, firmada el 15/07/2025 por el apoderado Michael J. Grubb, no revela actividad en valores derivados.

La operación, valorada en aproximadamente $92,000, es una acción rutinaria de una directora no ejecutiva y probablemente no tendrá un impacto material en la estructura de propiedad o gobernanza de Toll Brothers.

SEC Form 4 제출 개요: 2025� 7� 14�, Toll Brothers, Inc.(TOL) 이사 Christine Garvey가 770� 보통� 매도� 주당 $119.8156� 보고했으�, 매도� “S� 코드� 표시되었습니�.

거래 � Garvey� 보유 주식은 신탁� 통해 간접 보유� 11,590�배우자를 통해 간접 보유� 124�이며, 직접 보유 주식은 없습니다. � 서류� 2025� 7� 15� 법정대리인 Michael J. Grubb가 서명했으�, 파생상품 관� 거래� 보고되지 않았습니�.

� 9� 2� 달러 상당� 이번 거래� 비임� 이사� 일상적인 조치�, Toll Brothers� 소유 구조� 경영� 중대� 영향� 미칠 가능성은 낮습니다.

Résumé du dépôt du formulaire SEC Form 4 : Le 14/07/2025, Christine Garvey, administratrice de Toll Brothers, Inc. (TOL), a déclaré la vente de 770 actions ordinaires au prix de 119,8156 $ par action, codée « S » pour disposition.

Après cette opération, les avoirs de Garvey s’élèvent à 11 590 actions détenues indirectement via un trust et 124 actions détenues indirectement via son conjoint ; aucune action détenue directement n’est mentionnée. Le dépôt, signé le 15/07/2025 par le mandataire Michael J. Grubb, ne révèle aucune activité sur titres dérivés.

Cette transaction, d’une valeur d’environ 92 000 $, constitue une opération courante d’une administratrice non exécutive et est peu susceptible d’avoir un impact significatif sur la structure de propriété ou la gouvernance de Toll Brothers.

Übersicht zur Einreichung des SEC Formulars 4: Am 14.07.2025 meldete Christine Garvey, Direktorin von Toll Brothers, Inc. (TOL), den Verkauf von 770 Stammaktien zu je 119,8156 $, codiert als „S� für Veräußerung.

Nach der Transaktion hält Garvey 11.590 Aktien indirekt über einen Trust und 124 Aktien indirekt über ihren Ehepartner; direkte Aktien sind nicht aufgeführt. Die Einreichung, unterzeichnet am 15.07.2025 vom Bevollmächtigten Michael J. Grubb, weist keine Derivataktivitäten aus.

Der Handel im Wert von etwa 92.000 $ stellt eine routinemäßige Transaktion einer nicht geschäftsführenden Direktorin dar und wird voraussichtlich keine wesentlichen Auswirkungen auf die Eigentümerstruktur oder Unternehmensführung von Toll Brothers haben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GARVEY CHRISTINE

(Last) (First) (Middle)
1140 VIRGINIA DRIVE

(Street)
FORT WASHINGTON PA 19034

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Toll Brothers, Inc. [ TOL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/14/2025 S 770 D $119.8156 11,590 I Trust
Common Stock 0 D
Common Stock 124 I Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Michael J. Grubb, attorney-in-fact 07/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Toll Brothers (TOL) report?

Director Christine Garvey filed a Form 4 reporting the sale of 770 common shares on 07/14/2025.

At what price were the Toll Brothers shares sold?

The shares were disposed of at $119.8156 per share, as disclosed in the Form 4.

How many Toll Brothers shares does Christine Garvey now own?

After the sale, Garvey holds 11,590 shares indirectly via a trust and 124 shares indirectly through her spouse; she lists no direct holdings.

Were any derivative securities involved in this filing?

No. The Form 4 indicates no transactions in options, warrants, or other derivative instruments.

Does the sale affect Christine Garvey’s position on the Toll Brothers board?

No. The filing lists her continuing role as a director without change.
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11.92B
97.45M
0.73%
91.07%
3.61%
Residential Construction
Operative Builders
United States
FORT WASHINGTON