Toll Brothers, Inc.
US ˙ NYSE ˙ US8894781033

Introduction

This page provides a comprehensive analysis of the known insider trading history of Grubb Michael J.. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Grubb Michael J. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:TOL / Toll Brothers, Inc. SVP & Chief Accounting Officer 1,939
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Grubb Michael J.. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases TOL / Toll Brothers, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TOL / Toll Brothers, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TOL / Toll Brothers, Inc. Insider Trades
Insider Sales TOL / Toll Brothers, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TOL / Toll Brothers, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-08-22 TOL Grubb Michael J. 500 140.6300 500 140.6300 70,315 4 137.7000 -1,465 -2.08
2025-07-14 TOL Grubb Michael J. 500 120.0000 500 120.0000 60,000
2024-02-23 TOL Grubb Michael J. 1,000 111.5488 1,000 111.5488 111,549
2023-07-12 TOL Grubb Michael J. 500 81.4301 500 81.4301 40,715
2023-06-06 TOL Grubb Michael J. 500 73.3150 500 73.3150 36,658
2023-06-02 TOL Grubb Michael J. 563 69.7000 563 69.7000 39,241
2021-12-09 TOL Grubb Michael J. 500 72.9054 500 72.9054 36,453
2021-04-09 TOL Grubb Michael J. 600 60.1638 600 60.1638 36,098
2021-03-08 TOL Grubb Michael J. 2,250 55.7400 2,250 55.7400 125,415
2021-02-26 TOL Grubb Michael J. 2,000 53.3328 2,000 53.3328 106,666
2020-09-23 TOL Grubb Michael J. 1,250 48.1676 1,250 48.1676 60,210
2019-09-17 TOL Grubb Michael J. 1,000 40.9600 1,000 40.9600 40,960

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TOL / Toll Brothers, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Grubb Michael J. as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-08-25 2025-08-22 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -500 1,939 -20.50 140.63 -70,315 272,682
2025-07-15 2025-07-14 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -500 2,439 -17.01 120.00 -60,000 292,680
2024-12-03 2024-12-01 4 TOL Toll Brothers, Inc.
Common Stock
F - Taxes -511 2,939 -14.81 165.17 -84,402 485,435
2024-12-03 2024-12-01 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,848 3,450 115.36
2024-02-23 2024-02-23 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -1,000 1,602 -38.43 111.55 -111,549 178,701
2023-12-05 2023-12-01 4 TOL Toll Brothers, Inc.
Common Stock
F - Taxes -501 2,602 -16.15 85.89 -43,031 223,486
2023-12-05 2023-12-01 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,899 3,103 157.72
2023-07-13 2023-07-12 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -500 1,204 -29.34 81.43 -40,715 98,042
2023-06-07 2023-06-06 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -500 1,704 -22.69 73.32 -36,658 124,929
2023-06-02 2023-06-02 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -563 2,204 -20.35 69.70 -39,241 153,619
2022-12-05 2022-12-01 4 TOL Toll Brothers, Inc.
Common Stock
F - Taxes -510 2,767 -15.56 47.91 -24,434 132,567
2022-12-05 2022-12-01 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,542 3,277 88.88
2021-12-22 2021-12-20 4 TOL Toll Brothers, Inc.
Restricted Stock Units
A - Award 1,415 1,415
2021-12-10 2021-12-09 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -500 1,735 -22.37 72.91 -36,453 126,491
2021-12-03 2021-12-01 4 TOL Toll Brothers, Inc.
Restricted Stock Units
M - Exercise -837 0 -100.00
2021-12-03 2021-12-01 4 TOL Toll Brothers, Inc.
Common Stock
F - Taxes -274 2,235 -10.92 63.47 -17,391 141,855
2021-12-03 2021-12-01 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 837 2,509 50.06
2021-04-12 2021-04-09 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -600 1,672 -26.41 60.16 -36,098 100,594
2021-03-09 2021-03-08 4 TOL Toll Brothers, Inc.
Stock Options (Right to Buy)
M - Exercise -1,500 0 -100.00
2021-03-09 2021-03-08 4 TOL Toll Brothers, Inc.
Stock Options (Right to Buy)
M - Exercise -750 0 -100.00
2021-03-09 2021-03-08 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -2,250 2,272 -49.76 55.74 -125,415 126,641
2021-03-09 2021-03-08 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,500 4,522 49.64 32.85 49,275 148,548
2021-03-09 2021-03-08 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 750 3,022 33.01 32.49 24,368 98,185
2021-02-26 2021-02-26 4 TOL Toll Brothers, Inc.
Stock Options (Right to Buy)
M - Exercise -625 750 -45.45
2021-02-26 2021-02-26 4 TOL Toll Brothers, Inc.
Stock Options (Right to Buy)
M - Exercise -1,375 0 -100.00
2021-02-26 2021-02-26 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -2,000 2,272 -46.82 53.33 -106,666 121,172
2021-02-26 2021-02-26 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 625 4,272 17.14 32.49 20,306 138,797
2021-02-26 2021-02-26 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,375 3,647 60.52 35.16 48,345 128,229
2020-12-22 2020-12-21 4 TOL Toll Brothers, Inc.
Restricted Stock Units
A - Award 1,848 1,848
2020-12-03 2020-12-01 4 TOL Toll Brothers, Inc.
Restricted Stock Units
M - Exercise -1,076 0 -100.00
2020-12-03 2020-12-01 4 TOL Toll Brothers, Inc.
Common Stock
F - Taxes -341 2,272 -13.05 47.35 -16,146 107,579
2020-12-03 2020-12-01 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,076 2,613 70.01
2020-09-24 2020-09-23 4 TOL Toll Brothers, Inc.
Stock Options (Right to Buy)
M - Exercise -1,250 0 -100.00
2020-09-24 2020-09-23 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -1,250 1,537 -44.85 48.17 -60,210 74,034
2020-09-24 2020-09-23 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,250 2,787 81.33 32.22 40,275 89,797
2020-01-07 2020-01-05 4 TOL Toll Brothers, Inc.
Restricted Stock Units
M - Exercise -366 0 -100.00
2020-01-07 2020-01-05 4 TOL Toll Brothers, Inc.
Common Stock
F - Taxes -112 1,537 -6.79 40.78 -4,567 62,679
2020-01-07 2020-01-05 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 366 1,649 28.53
2019-12-19 2019-12-18 4 TOL Toll Brothers, Inc.
Restricted Stock Units
A - Award 1,899 1,899
2019-09-18 2019-09-17 4 TOL Toll Brothers, Inc.
Stock Options (Right to Buy)
M - Exercise -1,000 0 -100.00
2019-09-18 2019-09-17 4 TOL Toll Brothers, Inc.
Common Stock
S - Sale -1,000 1,283 -43.80 40.96 -40,960 52,552
2019-09-18 2019-09-17 4 TOL Toll Brothers, Inc.
Common Stock
M - Exercise 1,000 2,283 77.94 20.50 20,500 46,802
2019-01-08 2019-01-07 4 TOL TOLL BROTHERS INC
Restricted Stock Units
M - Exercise -348 0 -100.00
2019-01-08 2019-01-07 4 TOL TOLL BROTHERS INC
Common Stock
F - Taxes -104 1,283 -7.50 34.90 -3,630 44,777
2019-01-08 2019-01-07 4 TOL TOLL BROTHERS INC
Common Stock
M - Exercise 348 1,387 33.49
2018-12-21 2018-12-20 4 TOL TOLL BROTHERS INC
Performance Based Restricted Stock Units
A - Award 1,542 1,542
2018-02-01 3 TOL TOLL BROTHERS INC
Common Stock
2,253
2018-02-01 3 TOL TOLL BROTHERS INC
Common Stock
1,389
2018-02-01 3 TOL TOLL BROTHERS INC
Common Stock
2,253
2018-02-01 3 TOL TOLL BROTHERS INC
Common Stock
1,389
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)