Toll Brothers’ executive chairman sells half-million shares




Bob Toll, the executive chairman of homebuilder Toll Brothers Inc., has sold 500,000 common shares of his stock in the company for “a little more than $10 million,”

the P

hiladelphia Business Journal

reported.

Toll and other executives periodically sell large chunks of their company stock holdings. In the fall of 2009, Bob Toll sold roughly 6.3 million shares for more than $100 million. His brother, Bruce Toll, also cashed in more than 350,000 shares.

(Source:

Philadelphia Business Journal,

Jan. 13, 2011.)

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