---
schema_version: "secwatch.filing_event.v1"
accession: "0000794170-21-000065"
form_type: "8-K"
ticker: "TOL"
cik: "0000794170"
company_name: "Toll Brothers, Inc."
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:36:32.385470+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Toll Brothers sets compensation for new President & COO Parahus: $1M base, $2M cash target, $1M LTI

## Summary
- Annual base salary of $1,000,000 effective November 1, 2021.
- Targeted annual cash incentive compensation award of $2,000,000.
- Targeted long-term incentive compensation awards of $1,000,000.
- Annual retirement benefits payable under SERP of $145,000.

## SEC filing metadata
- accession: 0000794170-21-000065
- form_type: 8-K
- ticker: TOL
- cik: 0000794170
- company_name: Toll Brothers, Inc.
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794170/000079417021000065/0000794170-21-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794170/000079417021000065/tol-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794170-21-000065
- JSON: https://secwatch.observer/filing/0000794170-21-000065.json
- Plain text: https://secwatch.observer/filing/0000794170-21-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.