TTC - Major Update: Joanna M Totsky At Toro Exercises Options Making A Strategic Move | Benzinga
On December 28, it was revealed in an SEC filing that Joanna M Totsky, VP at Toro (NYSE:TTC) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Totsky, VP at Toro, a company in the Industrials sector, just exercised stock options worth 0 shares of TTC stock with an exercise price of $0.0.
Toro shares are trading down 0.53% at $96.34 at the time of this writing on Friday morning. Since the current price is $96.34, this makes Totsky's 0 shares worth $0.
Delving into Toro's Background
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue ...