Toro stockholders approve 2026 Equity Plan, charter amendments at annual meeting

TORO CO

Stockholders approved 2026 Equity Plan authorizing up to 3.65M new shares plus rollover from 2022 Plan.
Charter amendments approved: par value reduced from $1.00 to $0.01 per share; officer liability eliminated/limited.
Dianne C. Craig, Eric P. Hansotia, D. Christian Koch elected as directors for terms ending 2029.
KPMG ratified as independent auditor for FY ending Oct 31, 2026, with 96.6% votes for.
Advisory vote on executive compensation approved with 93.5% support (excluding broker non-votes).

item 3.03 item 5.03 item 5.02 item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TORO CO: Amendments to eliminate or limit officer liability under Delaware law and to change par value from $1.00 to $0.01 per share (effective 2026-03-17).

Change: charter amendment
Effective: 2026-03-17

Exact text from the filing

At the 2026 Annual Meeting, TTC’s stockholders approved two amendments to TTC’s Restated Certificate of Incorporation, as amended, including an amendment to eliminate or limit the liability of officers as provided under Delaware law

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TORO CO: Amendments to conform bylaws to charter amendments and incorporate non-substantive clean up changes (effective 2026-03-17).

Change: bylaw amendment
Effective: 2026-03-17

Exact text from the filing

contingent upon the effectiveness of the Certificate of Amendment, which Bylaw Amendments are intended to conform the Amended Bylaws to the Charter Amendments and incorporate other immaterial, non-substantive, clean up changes.

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41 governance changes filed in the last 30 days. Browse all governance changes →

TORO CO filing history →

Source: SEC EDGAR

accession 0001628280-26-019979

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