secwatch / observer

Toll Brothers, Inc. — fact timeline

Source-grounded facts extracted from Toll Brothers, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TOL Toll Brothers, Inc. JSON

Seth J. Ring was elected as Director at Toll Brothers, Inc..

“Also effective June 30, 2026, the Board approved an increase in its size to 11 members and elected Mr. Ring to fill the vacancy, with a term expiring at the 2027 annual meeting of stockholders and until his successor is duly elected and qualified.”

Seth J. Ring was appointed as President and Chief Operating Officer at Toll Brothers, Inc..

“The Board of Directors (the “Board”) of the Company has appointed Seth J. Ring, currently an Executive Vice President of the Company, to succeed Mr. Parahus upon his retirement.”

Robert Parahus departed as President and Chief Operating Officer at Toll Brothers, Inc..

“On May 12, 2026, Mr. Robert Parahus notified Toll Brothers, Inc. (the “Company”), of his decision to retire as President and Chief Operating Officer effective June 30, 2026.”
Material Agreements

Toll Brothers, Inc. amended Term Loan Agreement (effective 2026-02-05).

“amendment, among other updates, the maturity date of $548,437,500 of loans outstanding under the Term Loan Agreement was extended from February 7, 2030 to February 5, 2031 (with $101,562,500 of outstanding loan remaining due on February 7, 2030) and the Term Loan Agreement’s interest rate provisions were adjusted to remove the SOFR Credit Spread Adjustment from substantially all outstanding loans thereunder.”
Material Agreements

Toll Brothers, Inc. amended Revolving Credit Agreement (effective 2026-02-05).

“amendment, among other updates, the total amount of revolving loans and commitments available under the Revolving Credit Agreement was increased from $2.35 billion to $2.375 billion, the maturity date of the Revolving Credit Agreement was extended from February 7, 2030 to February 5, 2031, and the Revolving Credit Agreement’s interest rate provisions were adjusted to remove the Secured Overnight Financing Rate credit spread adjustment of ten basis points (the “SOFR Credit Spread Adjustment”).”
Debt Financings

Toll Brothers, Inc. incurred senior notes of $500,000,000 aggregate principal amount with BofA Securities Inc., BBVA Securities, Inc., BMO Capital Markets Corp., Goldman Sachs & Co. LLC., Mizuho Securities USA LLC, PNC Capital Markets LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC at 5.600% maturing June 15, 2035.

“Investments, Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (the “Underwriters”), with respect to a public offering of $500,000,000 aggregate principal amount of its 5.600% Senior Notes due 2035 (the “Senior Notes”), guaranteed by the Company and certain of its subsidiaries. The Underwriting Agreement contains”
Shareholder Votes

Toll Brothers, Inc. shareholders approved Advisory and Non-Binding Vote on Executive Compensation (Say on Pay) at the 2024-03-12 meeting.

“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay): FOR AGAINST ABSTAIN BROKER NON-VOTES 78,710,724 3,653,145 148,304 7,296,071”
Shareholder Votes

Toll Brothers, Inc. shareholders approved Ratification of the Re-Appointment of Independent Registered Public Accounting Firm at the 2024-03-12 meeting.

“Proposal Two – Ratification of the Re-Appointment of Independent Registered Public Accounting Firm: FOR AGAINST ABSTAIN 86,265,525 3,356,388 186,331”
Shareholder Votes

Toll Brothers, Inc. shareholders approved Election of Directors at the 2024-03-12 meeting.

“Proposal One – Election of Directors: FOR AGAINST ABSTAIN BROKER NON-VOTES Douglas C. Yearley, Jr. 78,830,896 3,634,087 47,190 7,296,071 Stephen F. East 81,900,820 558,896 52,457 7,296,071 Christine N. Garvey 80,147,047 2,314,451 50,675 7,296,071 Karen H. Grimes 81,329,029 1,124,742 58,402 7,296,071 Derek T. Kan 81,905,866 553,451 52,856 7,296,071 John A. McLean 80,958,820 1,494,089 59,264 7,296,071 Wendell E. Pritchett 81,201,738 1,249,672 60,763 7,296,071 Judith A. Reinsdorf 82,227,110 236,943 48,120 7,296,071 Katherine M. Sandstrom 76,461,876 5,997,884 52,413 7,296,071 Paul E. Shapiro 70,672,176 11,771,974 68,023 7,296,071 Scott D. Stowell 81,305,437 1,145,095 61,641 7,296,071”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.