{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-23-000060","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2023-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.019928+00:00","generated_at":"2026-06-07T13:50:27.541004+00:00","sec_items":["5.02","7.01","9.01","99.1"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Toll Brothers declares $0.21 quarterly dividend, authorizes new 20M share buyback; appoints two new directors","bullets":["Quarterly dividend of $0.21/share payable Jan 26, 2024 to holders of record Jan 12, 2024.","Board approved new 20M share repurchase authorization; $400M budgeted for buybacks in fiscal 2024.","Repurchased 13.3M shares (~12% of shares outstanding) for ~$800M since May 2022.","Judith A. Reinsdorf and Katherine M. Sandstrom appointed to Board, expanding from 10 to 12 directors.","Director Carl B. Marbach (82) will not stand for re-election and will step down at March 2024 annual meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-23-000060","json":"https://secwatch.observer/filing/0000794170-23-000060.json","markdown":"https://secwatch.observer/filing/0000794170-23-000060.md","text":"https://secwatch.observer/filing/0000794170-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000060/0000794170-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000060/tol-20231213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:50:27.541004+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1165e3bda8","claim":"Katherine M. Sandstrom was appointed as Director at Toll Brothers, Inc..","evidence_excerpt":"filled the newly created vacancy on the Board by appointing each of Judith A. Reinsdorf and Katherine M. Sandstrom as a director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000060/0000794170-23-000060-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7e282a4fbd","claim":"Judith A. Reinsdorf was appointed as Director at Toll Brothers, Inc..","evidence_excerpt":"filled the newly created vacancy on the Board by appointing each of Judith A. Reinsdorf and Katherine M. Sandstrom as a director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000060/0000794170-23-000060-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e99f0a46ec","claim":"Carl B. Marbach departed as Director at Toll Brothers, Inc..","evidence_excerpt":"Carl B. Marbach, age 82, has informed the Company that he will not stand for re-election and will step down from the Board at its annual meeting of stockholders on March 12, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000060/0000794170-23-000060-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will not stand for re-election"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}