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Toll Bros Chairman Sells 782,800 Of Builder's Shares

By Dawn Wotapka Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Robert Toll, chairman of builder Toll Bros. (TOL), sold 782,800 shares of the company that were acquired through the exercise of stock options, according to a securities filing. This week, Toll exercised 782,800 shares priced at $10.88 with a value of just over $8.5 million. He sold the same number at $21.67 per share with a value of nearly $17 million, according to the filing. Toll exercised the options after they vested and nearly seven months before they were set to expire. Following the transaction, Toll owned about 14 million shares directly and indirectly. Shares of Toll closed down 0.7% Thursday at $21.11. -By Dawn Wotapka, Dow Jones Newswires; 212-416-2193; dawn.wotapka@dowjones.com

Stock News for Toll Brothers (TOL)
DateTimeHeadline
05/26/201615:10:00Statement of Changes in Beneficial Ownership (4)
05/24/201616:51:23Current Report Filing (8-k)
05/24/201611:08:00U.S. Stocks Climb, Led by Financials, Tech
05/24/201611:01:00Global Stocks Broadly Higher, While Dollar Strengthens
05/24/201610:27:11Current Report Filing (8-k)
05/24/201610:08:00Global Stocks Broadly Higher, While Dollar Strengthens
05/24/201608:00:00Toll Brothers Results Beat Forecasts
05/24/201605:00:00Toll Brothers Reports FY 2016 2nd Qtr and Six Month Results
05/19/201615:25:29Toll Brothers Announces $1.215 Billion Bank Credit Facility
05/04/201608:00:00Toll Brothers' Website to Broadcast Its May 24, 2016 "Second...
04/26/201615:27:00A.M. Best Withdraws Ratings of Philmont Insurance Company
04/18/201607:30:00Toll Brothers Announces New Gibraltar Capital and Asset Management...
03/24/201615:40:56Statement of Changes in Beneficial Ownership (4)
03/14/201609:48:09Initial Statement of Beneficial Ownership (3)
03/09/201617:00:02Current Report Filing (8-k)
03/08/201617:00:44John A. McLean Elected to Toll Brothers' Board of Directors
02/29/201608:30:00Toll Brothers' March 7, 2016 Presentation at Raymond James' 37th...
02/23/201611:02:46Current Report Filing (8-k)
02/23/201608:40:00Toll Brothers Says Co-Founder To Resign, Tightens Sales View
02/23/201607:27:54Additional Proxy Soliciting Materials (definitive) (defa14a)

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