Toll Brothers Enters Material Definitive Agreement

Ticker: TOL · Form: 8-K · Filed: 2025-06-10T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

TL;DR

Toll Brothers just signed a big deal, expect new financial obligations.

AI Summary

On June 5, 2025, Toll Brothers, Inc. entered into a material definitive agreement, which also created a direct financial obligation for the company. The filing was made on June 10, 2025, and pertains to an event that occurred on June 5, 2025.

Why It Matters

This filing indicates a significant new financial commitment or agreement for Toll Brothers, which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet its obligations.

Key Players & Entities

Toll Brothers, Inc. (company) — Registrant
June 5, 2025 (date) — Date of earliest event reported
June 10, 2025 (date) — Date of report

FAQ

What type of material definitive agreement did Toll Brothers, Inc. enter into?

The filing states that Toll Brothers, Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.

What is the nature of the direct financial obligation created?

The filing indicates the creation of a direct financial obligation, but the specific terms and amount of this obligation are not detailed in the provided text.

When was the event that triggered this 8-K filing?

The earliest event reported occurred on June 5, 2025.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted on June 10, 2025.

What is Toll Brothers, Inc.'s principal executive office address?

Toll Brothers, Inc.'s principal executive offices are located at 1140 Virginia Drive, Fort Washington, PA 19034.

From the Filing

0001628280-25-030499.txt : 20250610 0001628280-25-030499.hdr.sgml : 20250610 20250610163016 ACCESSION NUMBER: 0001628280-25-030499 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20250605 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250610 DATE AS OF CHANGE: 20250610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Toll Brothers, Inc. CENTRAL INDEX KEY: 0000794170 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 232416878 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09186 FILM NUMBER: 251037516 BUSINESS ADDRESS: STREET 1: 1140 VIRGINIA DRIVE CITY: FORT WASHINGTON STATE: PA ZIP: 19034 BUSINESS PHONE: 2159388000 MAIL ADDRESS: STREET 1: 1140 VIRGINIA DRIVE CITY: FORT WASHINGTON STATE: PA ZIP: 19034 FORMER COMPANY: FORMER CONFORMED NAME: TOLL BROTHERS INC DATE OF NAME CHANGE: 19920703 8-K 1 tol-20250605.htm 8-K tol-20250605 0000794170 false 0000794170 2025-06-05 2025-06-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): June 10, 2025 ( June 5, 2025 ) Toll Brothers, Inc. (Exact Name of Registrant as Specified in Charter)   Delaware   001-09186 23-2416878 (State or Other Jurisdiction of Incorporation)   (Commission File Number) (IRS Employer Identification No.) 1140 Virginia Drive Fort Washington PA 19034 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: ( 215 )  938-8000   (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share TOL The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01      Entry into a Material Definitive Agreement On June 5, 2025, Toll Brothers Finance Corp. (the “Issuer”), a wholly-owned subsidiary of Toll Brothers, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the Company, as guarantor, and 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 Far