TTC - VP At Toro Exercises Options Worth $266K | Benzinga
A large exercise of company stock options by AMY DAHL, VP at Toro (NYSE:TTC) was disclosed in a new SEC filing on March 22, as part of an insider exercise.
What Happened: DAHL, VP at Toro, exercised stock options for 4,460 shares of TTC stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The exercise price of the options was $31.38 per share.
Currently, Toro shares are trading down 0.46%, priced at $90.6 during Friday's morning. This values DAHL's 4,460 shares at $266,016.
Discovering Toro: A Closer Look
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 generating market is the United States.
Toro: A Financial Overview
Revenue Challenges: ...