{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-25-000032","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2025-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.363272+00:00","generated_at":"2026-05-24T22:53:47.620272+00:00","sec_items":["5.03","5.07","9.01","3.1"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Toll Brothers shareholders approve lowering director removal threshold to majority vote","bullets":["Amendment to certificate of incorporation reduces supermajority requirement from 66-2/3% to majority for director removal.","Approved with 78,270,776 votes for, 261,834 against at March 11, 2025 annual meeting.","All director nominees elected; Katherine Sandstrom received most against votes (6.1M).","Ratification of auditor and say-on-pay advisory vote both passed with >75% support.","Certificate of Amendment filed with Delaware Secretary of State on March 11, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-25-000032","json":"https://secwatch.observer/filing/0000794170-25-000032.json","markdown":"https://secwatch.observer/filing/0000794170-25-000032.md","text":"https://secwatch.observer/filing/0000794170-25-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417025000032/0000794170-25-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417025000032/tol-20250311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T22:53:47.620272+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}