---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-010675"
form_type: "8-K"
ticker: "TTC"
cik: "0000737758"
company_name: "TORO CO"
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:32:21.879620+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve Toro's 2022 Equity and Incentive Plan, authorizing 1.25M new shares plus carryover

## Summary
- Shareholders approved the 2022 Equity and Incentive Plan at March 15, 2022 annual meeting, replacing the 2010 plan.
- Plan authorizes 1,250,000 new shares plus shares remaining from prior plan and forfeited shares.
- All six director nominees elected; terms range 2023–2025.
- KPMG LLP ratified as independent auditor for fiscal year ending October 31, 2022 (92.6M for).
- Advisory vote on executive compensation approved (83.6M for, 3.6M against).

## SEC filing metadata
- accession: 0001564590-22-010675
- form_type: 8-K
- ticker: TTC
- cik: 0000737758
- company_name: TORO CO
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737758/000156459022010675/0001564590-22-010675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737758/000156459022010675/ttc-8k_20220315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-010675
- JSON: https://secwatch.observer/filing/0001564590-22-010675.json
- Plain text: https://secwatch.observer/filing/0001564590-22-010675.txt

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