{"filing":{"accession_number":"0000737758-26-000025","cik":"0000737758","ticker":"TTC","company_name":"TORO CO","form":"8-K","filing_date":"2026-07-22","report_date":null,"primary_document":"ttc-20260721.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/737758/000073775826000025/ttc-20260721.htm"},"events":[{"id":19687,"run_id":17713,"accession_number":"0000737758-26-000025","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.94,"summary":"Edric C. Funk was elected President and Chief Executive Officer effective November 1, 2026, and immediately appointed to the Board of Directors. Richard M. Olson, the outgoing CEO, transitions to Executive Chairman. The filing also addresses compensation adjustments for both executives as part of this planned succession.","company_name":"TORO CO","ticker":"TTC","filing_date":"2026-07-22","form":"8-K","submitted_at":null,"items":[{"id":18853,"accession_number":"0000737758-26-000025","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the election of Edric C. Funk as President and Chief Executive Officer effective November 1, 2026, and his immediate election to the Board. While the filing also addresses compensation adjustments for both Funk and outgoing CEO Richard M. Olson (who transitions to Executive Chairman), the principal disclosed action centers on Funk's appointment to the CEO role—a major leadership transition. The compensation elements are ancillary to the appointment itself.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T21:22:39.742829+00:00","company_name":"","ticker":null,"filing_date":""},{"id":18854,"accession_number":"0000737758-26-000025","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The disclosure announces the election of Edric C. Funk as President and Chief Executive Officer effective November 1, 2026, and his immediate appointment to the board of directors. While the filing also mentions Richard M. Olson's transition to Executive Chairman, the principal action disclosed is Funk's appointment to the CEO role following a planned succession process. This is a material executive appointment at the highest level of the organization.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T21:22:39.742829+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":18853,"accession_number":"0000737758-26-000025","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the election of Edric C. Funk as President and Chief Executive Officer effective November 1, 2026, and his immediate election to the Board. While the filing also addresses compensation adjustments for both Funk and outgoing CEO Richard M. Olson (who transitions to Executive Chairman), the principal disclosed action centers on Funk's appointment to the CEO role—a major leadership transition. The compensation elements are ancillary to the appointment itself.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T21:22:39.742829+00:00","company_name":"TORO CO","ticker":"TTC","filing_date":"2026-07-22"},{"id":18854,"accession_number":"0000737758-26-000025","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The disclosure announces the election of Edric C. Funk as President and Chief Executive Officer effective November 1, 2026, and his immediate appointment to the board of directors. While the filing also mentions Richard M. Olson's transition to Executive Chairman, the principal action disclosed is Funk's appointment to the CEO role following a planned succession process. This is a material executive appointment at the highest level of the organization.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T21:22:39.742829+00:00","company_name":"TORO CO","ticker":"TTC","filing_date":"2026-07-22"}]}
