CEO Yearley Douglas C. Jr. sold 27,014 shares of TOL at $159.15 for $4.3M on 2026-02-27
The CEO of Toll Brothers sold 27,014 shares at $159.15, reducing his holding by 7.8% to 321,256 shares post-transaction. The sale occurred near TOL's 52-week peak of $166.12, positioning it just 7.1% below the high-water mark and within a strong 30-day (+6.8%) and 90-day (+10.9%) rally. Examining Yearley's prior sales at TOL specifically: two of his three completed sales (2025-09-08 and 2024-10-16) were followed by negative 90-day returns, showing a 2-of-3 well-timed pattern at this ticker. His broader cross-ticker track record shows mixed execution—44.44% of his 20 prior sells were well-timed (30-day average +0.5%, 90-day average -1.0%), suggesting neither systematic strength nor systematic weakness in his timing discipline. The current valuation (P/E 10.59) and fundamentals (annual revenue growth +1.1%, net income $210.9M on $2.1B quarterly revenue) offer no obvious distress signal that would explain an urgency to exit.