Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 21, 2026, the Board of Directors (the “Board”) of The Toro Company (“TTC”) increased the number of directors constituting the Board from ten to eleven and elected David W.…
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 21, 2026, the Board of Directors (the “Board”) of The Toro Company (“TTC”) increased the number of directors constituting the Board from ten to eleven and elected David W. Huml to the Board and to the Audit Committee and Finance Committee of the Board, effective immediately, and serving in the class of directors with a term expiring at the 2027 annual meeting of stockholders of TTC.
In his capacity as a non-employee director, Mr. Huml will receive customary non-employee directors compensation pursuant to plans and policies applicable to non-employee members of the Board, as described in TTC’s definitive proxy statement for its most recent Annual Meeting of Stockholders held on March 17, 2026.
There are no arrangements or understandings between Mr. Huml and any other person pursuant to which he was selected as a director of TTC, and there have been no transactions since the beginning of TTC’s last fiscal year, or are currently proposed, regarding Mr. Huml that are required to be disclosed by Item 404(a) of Regulation S-K.
Attached to this Current Report on Form 8-K as Exhibit 99.1 is the press release announcing the election of Mr. Huml to the Board.