0001127602-23-029137.txt : 20231208
0001127602-23-029137.hdr.sgml : 20231208
20231208161613
ACCESSION NUMBER: 0001127602-23-029137
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231207
FILED AS OF DATE: 20231208
DATE AS OF CHANGE: 20231208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yearley Douglas C. Jr.
CENTRAL INDEX KEY: 0001476755
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09186
FILM NUMBER: 231475598
MAIL ADDRESS:
STREET 1: 250 GIBRALTAR ROAD
CITY: HORSHAM
STATE: PA
ZIP: 19044
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Toll Brothers, Inc.
CENTRAL INDEX KEY: 0000794170
STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531]
IRS NUMBER: 232416878
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 1140 VIRGINIA DRIVE
CITY: FORT WASHINGTON
STATE: PA
ZIP: 19034
BUSINESS PHONE: 2159388000
MAIL ADDRESS:
STREET 1: 1140 VIRGINIA DRIVE
CITY: FORT WASHINGTON
STATE: PA
ZIP: 19034
FORMER COMPANY:
FORMER CONFORMED NAME: TOLL BROTHERS INC
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
PRIMARY DOCUMENT
X0508
4
2023-12-07
0000794170
Toll Brothers, Inc.
TOL
0001476755
Yearley Douglas C. Jr.
1140 VIRGINIA DRIVE
FORT WASHINGTON
PA
19034
1
1
Chief Executive Officer
0
Common Stock
1547
I
401(k) Plan
Common Stock
500
I
Trust
Common Stock
80500
I
By SLAT
Common Stock
2023-12-07
4
A
0
38026
0
A
313869
D
Common Stock
2023-12-07
4
F
0
15454
88.90
D
298415
D
Performance Based Restricted Stock Units
0
2023-12-07
4
A
0
62625
0
A
2026-12-19
2026-12-19
Common Stock
62625
62625
D
Reflects the number of shares earned in respect of ROE-based performance restricted stock units originally granted on December 21, 2020. On December 7, 2023, the 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 2020 to October 31, 2023. Settlement of the shares will occur on December 21, 2023.
Reflects the number of shares earned in respect to operational performance restricted stock units originally granted December 19, 2022. On December 7, 2023, the 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.
These performance-based restricted stock units vest 25% on each of December 19, 2023, 2024, 2025 and 2026. Settlement of 100% of earned shares is scheduled to occur on 12/19/2026.
/s/ Michael J. Grubb, attorney-in-fact
2023-12-08