SHAPIRO PAUL E

PrivateCIK: 1191311

SHAPIRO PAUL E sold 3.1% of their position (3.81K shares) of TOLL BROTHERS, INC. on the open market

Open‑market sale worth $562.8K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale
InsiderSHAPIRO PAUL ECIK 1191311
IssuerTOLL BROTHERS, INC.CIK 794170
Director
Since Dec 2018
-3.81K
Net shares
Net seller
$562.8K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
3.81K acquired · 7.62K disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+3.81K

Price / share

$32.85

Trade value

$125.22K

% of position

3.2%
9/5/2025
118.75K122.56K

Common Stock

Direct
S · Sale

Shares

3.81K

Price / share

$147.65

Trade value

$562.85K

% of position

3.1%
9/5/2025
122.56K118.75K
Total

Net shares

+0.00

Net value

-$437.62K

Derivative Transactions1

Stock Options (Right to Buy)

Direct
M · Option Exercise
Converts to

Common Stock

3.81K shares

Shares

3.81K

Strike price

32.85

Held after

0.00

Exercisable

9/5/2025
SHAPIRO PAUL E — Insider Transaction (Form 4) Filed Sep 8, 2025 | Finecho