# EDGAR Filing Document

**Accession Number:** 0000794170
**File Stem:** 0000922997-23-000003
**Filing Date:** 2023-1
**Character Count:** 10881
**Document Hash:** f2822a0912f22d21f5ac255d5c1ba466
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000922997-23-000003.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0000922997-23-000003

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Toll Brothers, Inc.
- **CENTRAL INDEX KEY:** 0000794170
- **STANDARD INDUSTRIAL CLASSIFICATION:** OPERATIVE BUILDERS [1531]
- **IRS NUMBER:** 232416878
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-37253
- **FILM NUMBER:** 23539816

**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
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOLL ROBERT I
- **CENTRAL INDEX KEY:** 0000922997

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 1140 VIRGINIA DRIVE
- **CITY:** FORT WASHINGTON
- **STATE:** PA
- **ZIP:** 19006

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**________________________**

**SCHEDULE 13G**

**Under the Securities Exchange Act of 1934**

**(Amendment No. 30)\***

**________________________**

**Toll Brothers, Inc.**

**(Name of Issuer)**

**________________________**

**Common Stock**

**(Title of Class of Securities)**

**889478103**

**(CUSIP Number)**

**December 31, 2022**

**(Date of Event Which Requires Filing of this Statement)**

**________________________**

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

◻ Rule 13d-1(b)

◻ Rule 13d-1(c)

🗷 Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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SCHEDULE 13G

CUSIP No. 889478103

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| | | | |
|:---|:---|:---|:---|
| (1) | &nbsp;&nbsp;Names of reporting persons<br>Robert I. Toll<sup>(i)</sup> | &nbsp;&nbsp;Names of reporting persons<br>Robert I. Toll<sup>(i)</sup> | &nbsp;&nbsp;Names of reporting persons<br>Robert I. Toll<sup>(i)</sup> |
| (2) | &nbsp;&nbsp;Check the appropriate box if a member of a group (see instructions)<br>&nbsp;&nbsp;&nbsp;&nbsp;(a) □&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) □ | &nbsp;&nbsp;Check the appropriate box if a member of a group (see instructions)<br>&nbsp;&nbsp;&nbsp;&nbsp;(a) □&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) □ | &nbsp;&nbsp;Check the appropriate box if a member of a group (see instructions)<br>&nbsp;&nbsp;&nbsp;&nbsp;(a) □&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) □ |
| (3) | &nbsp;&nbsp;SEC use only | &nbsp;&nbsp;SEC use only | &nbsp;&nbsp;SEC use only |
| (4) | &nbsp;&nbsp;Citizenship or place of organization<br>&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;Citizenship or place of organization<br>&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;Citizenship or place of organization<br>&nbsp;&nbsp;&nbsp;&nbsp;United States |
| Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | (5) | Sole voting power<br>&nbsp;&nbsp;&nbsp;&nbsp;250,000 |
| Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | (6) | Shared voting power<br>&nbsp;&nbsp;&nbsp;&nbsp;202,957 |
| Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | (7) | Sole dispositive power<br>&nbsp;&nbsp;&nbsp;&nbsp;250,000 |
| Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | Number of<br>shares<br>beneficially<br>owned by<br>each<br>reporting<br>person<br>with: | (8) | Shared dispositive power<br>&nbsp;&nbsp;&nbsp;&nbsp;202,957 |
| (9) | &nbsp;&nbsp;Aggregate amount beneficially owned by each reporting person<br>&nbsp;&nbsp;&nbsp;&nbsp;452,957 | &nbsp;&nbsp;Aggregate amount beneficially owned by each reporting person<br>&nbsp;&nbsp;&nbsp;&nbsp;452,957 | &nbsp;&nbsp;Aggregate amount beneficially owned by each reporting person<br>&nbsp;&nbsp;&nbsp;&nbsp;452,957 |
| (10) | &nbsp;&nbsp;Check if the aggregate amount in Row (9) excludes certain shares (see instructions)&nbsp;&nbsp;&nbsp;&nbsp;□ | &nbsp;&nbsp;Check if the aggregate amount in Row (9) excludes certain shares (see instructions)&nbsp;&nbsp;&nbsp;&nbsp;□ | &nbsp;&nbsp;Check if the aggregate amount in Row (9) excludes certain shares (see instructions)&nbsp;&nbsp;&nbsp;&nbsp;□ |
| (11) | &nbsp;&nbsp;Percent of class represented by amount in Row (9)<br>0.4%<sup>(ii)</sup> | &nbsp;&nbsp;Percent of class represented by amount in Row (9)<br>0.4%<sup>(ii)</sup> | &nbsp;&nbsp;Percent of class represented by amount in Row (9)<br>0.4%<sup>(ii)</sup> |
| (12) | &nbsp;&nbsp;Type of reporting person (see instructions)<br>&nbsp;&nbsp;&nbsp;&nbsp;IN | &nbsp;&nbsp;Type of reporting person (see instructions)<br>&nbsp;&nbsp;&nbsp;&nbsp;IN | &nbsp;&nbsp;Type of reporting person (see instructions)<br>&nbsp;&nbsp;&nbsp;&nbsp;IN |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;The Reporting Person passed away on October 7, 2022. This Schedule 13G/A is being filed by his estate as an exit filing to reflect that the Reporting Person ceased to be the beneficial owner of more than 5% of a class of securities of the issuer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;In computing the percentage ownership, the Reporting Person assumed that there are 110,727,000 shares of Common Stock outstanding, as reported by Toll Brothers, Inc. in its Annual Report on Form 10-K for the year ended October 31, 2022, as filed with the Securities and Exchange Commission on December 19, 2022.

------

Item 1 (a). Name of Issuer:

Toll Brothers, Inc.

Item 1 (b). Address of Issuer's Principal Executive Offices:

1140 Virginia Drive

Fort Washington, PA 19034

Item 2 (a). Name of Person Filing:

Robert I. Toll<sup>(i)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;The Reporting Person passed away on October 7, 2022. This Schedule 13G/A is being filed by his estate as an exit filing to reflect that the Reporting Person ceased to be the beneficial owner of more than 5% of a class of securities of the issuer.

Item 2 (b). Address of Principal Business Office or, if none, Residence:

Toll Brothers, Inc.

1140 Virginia Drive

Fort Washington, PA 19034

Item 2 (c). Citizenship:

United States

Item 2 (d). Title of Class of Securities:

Common Stock

Item 2 (e). CUSIP Number:

889478103

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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a:

Not Applicable

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| | | |
|:---|:---|:---|
| (a) | □ | Broker or Dealer registered under section 15 of the Act |
| (b) | □ | Bank as defined in section 3 (a) (6) of the Act |
| (c) | □ | Insurance Company as defined in section 3 (a) (19) of the Act |
| (d) | □ | Investment Company registered under section 8 of the Investment Company Act |
| (e) | □ | Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 |
| (f) | □ | Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income of 1974 or Endowment Fund; see 240.13d-1 (b) (1) (ii) (F) |
| (g) | □ | Parent Holding Company, in accordance with 240.13d-1 (b) (ii) (G) (Note: See Item 7) |
| (h) | □ | Saving Association as defined in Section 3(b) of the Federal Deposit Insurance Act |
| (i) | □ | Church Plan is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act |
| (j) | □ | Group in accordance with 240.13d-1(b) (1) (ii) (J) |

---

Item 4. Ownership:

&nbsp;&nbsp;&nbsp;&nbsp;(a)Amount Beneficially Owned:

452,957

&nbsp;&nbsp;&nbsp;&nbsp;(b)Percent of Class:

0.4%<sup>(ii)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;In computing the percentage ownership, the Reporting Person assumed that there are 110,727,000 shares of Common Stock outstanding, as reported by Toll Brothers, Inc. in its Annual Report on Form 10-K for the year ended October 31, 2022, as filed with the Securities and Exchange Commission on December 19, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;(c)Number of Shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;sole power to vote or to direct the vote:

250,000

&nbsp;&nbsp;&nbsp;&nbsp;(ii)shared power to vote or to direct to the vote:

202,957

&nbsp;&nbsp;&nbsp;&nbsp;(iii)sole power to dispose or to direct the disposition of:

250,000

&nbsp;&nbsp;&nbsp;&nbsp;(iv)shared power to dispose or to direct the disposition of:

202,957

------

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| | |
|:---|:---|
| Item 5. | Ownership of Five Percent or Less of a Class. |

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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following 🗷.

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| | |
|:---|:---|
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |

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Not Applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not Applicable

Item 8. Identification and Classification of Members of the Group.

Not Applicable

Item 9. Notice of Dissolution of Group.

Not Applicable

Item 10. Certification.

Not Applicable

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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| | |
|:---|:---|
| Date: January 19, 2023 | /s/ Jane Toll |
| | Jane Toll, as Personal Representative of the Estate of Robert I. Toll |

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