In a new SEC filing on December 28, it was revealed that Baab, VP at Toro (NYSE:TTC), executed a significant exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that Baab, VP at Toro in the Industrials sector, exercised stock options for 0 shares of TTC stock. The exercise price of the options was $0.0 per share.
During Friday's morning session, Toro shares down by 0.0%, currently priced at $96.85. Considering the current price, Baab's 0 shares have a total value of $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 generating market is the United States.
Toro: Delving into Financials
Negative Revenue Trend: Examining ...