secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0000794170-25-000049
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers CFO Martin Connor to retire Oct 31, 2025; Gregg Ziegler named successor
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- Martin Connor retiring as CFO effective Oct 31, 2025; will stay as senior advisor through Oct 2026 at $2.5M total comp.
- Gregg Ziegler promoted to EVP & CFO effective Nov 1, 2025; he was SVP, Investor Relations & Treasurer.
- Ziegler's new compensation: base salary $875k, target bonus $1.27M, annual equity grant $1.355M.
- Ziegler joined Toll Brothers in 2002; holds BS in Accounting and MBA from Villanova University.
- Succession is a planned transition with no reported opposition or controversy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417025000049/0000794170-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417025000049/tol-20250709.htm
  HTML page:      https://secwatch.observer/filing/0000794170-25-000049

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