secwatch.observer — SEC 8-K summary
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Issuer:     TORO CO (TTC)
CIK:        0000737758
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001628280-26-019979
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.03, 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737758/000162828026019979/0001628280-26-019979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737758/000162828026019979/ttc-20260317.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-019979

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