---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-019979"
form_type: "8-K"
ticker: "TTC"
cik: "0000737758"
company_name: "TORO CO"
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:32:43.300225+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001628280-26-019979
- form_type: 8-K
- ticker: TTC
- cik: 0000737758
- company_name: TORO CO
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.03, 5.03, 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737758/000162828026019979/0001628280-26-019979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737758/000162828026019979/ttc-20260317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-019979
- JSON: https://secwatch.observer/filing/0001628280-26-019979.json
- Plain text: https://secwatch.observer/filing/0001628280-26-019979.txt

## Source-grounded claims
- claim_id: 1e2597b36c9dec14ebe251c8b0d72567c3dc691a
  claim: 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).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/737758/000162828026019979/0001628280-26-019979-index.htm
- claim_id: 34f75be80673c11446882b2e0b1a55295e29901e
  claim: TORO CO: Amendments to conform bylaws to charter amendments and incorporate non-substantive clean up changes (effective 2026-03-17).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/737758/000162828026019979/0001628280-26-019979-index.htm

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