secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0000794170-21-000065
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417021000065/0000794170-21-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417021000065/tol-20211110.htm
  HTML page:      https://secwatch.observer/filing/0000794170-21-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer