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NYSE: TOL Toll Brothers, Inc. 8-K

Toll Brothers completes CEO succession: Karl Mistry takes helm as Yearley becomes Chairman

Filed March 31, 2026 · Period ending March 30, 2026 · ~1 min read

Key Changes

  • high

    Karl K. Mistry officially appointed CEO and joined the board of directors on March 30, 2026, completing the previously announced leadership transition.

  • high

    Douglas C. Yearley, Jr. transitioned from CEO to Executive Chairman, maintaining senior leadership involvement in a new capacity.

  • low

    Board expanded from 9 to 10 members to accommodate Mistry, who will serve until the 2027 annual meeting. He will not serve on any board committees.

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify