Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Parahus Robert

2. Date of Event Requiring Statement (MM/DD/YYYY) 11/1/2019

3. Issuer Name and Ticker or Trading Symbol

Toll Brothers, Inc. [TOL]

(Last) (First) (Middle)

250 GIBRALTAR ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
EVP,Co-Chief Operating Officer /

(Street)

HORSHAM, PA 19044

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2130	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options (Right to Buy)	12/17/2013	12/17/2022	Common Stock	3750	$32.22	D
Stock Options (Right to Buy)	12/18/2016 ⁽¹⁾	12/18/2025	Common Stock	9000	$32.85	D
Stock Options (Right to Buy)	12/19/2015	12/19/2024	Common Stock	4250	$32.49	D
Stock Options (Right to Buy)	12/20/2012	12/20/2021	Common Stock	3500	$20.50	D
Stock Options (Right to Buy)	12/20/2014	12/20/2023	Common Stock	4000	$35.16	D
Restricted Stock Units	1/5/2017 ⁽²⁾	1/5/2020	Common Stock	2284	$0	D
Restricted Stock Units	12/1/2018 ⁽³⁾	12/1/2021	Common Stock	5226	$0	D
Restricted Stock Units	12/1/2017 ⁽⁴⁾	12/1/2020	Common Stock	8922	$0	D
Restricted Stock Units	12/1/2019 ⁽⁵⁾	12/1/2022	Common Stock	7712	$0	D

Explanation of Responses:
(1)	6,750 exercisable as of 11/1/2019, an additional 2,250 will become exercisable on 12/18/2019.
(2)	1,713 vested as of 11/1/2019, 571 vest on 1/5/2020.
(3)	1,306 vested as of 11/1/2019, 1,307 vest on 12/1/2019, 1,306 vest on 12/1/2020 and 1,307 vest on 12/1/2021.
(4)	4,461vested as of 11/1/2019, 2,230 vest on 12/1/2019 and 2,231 vest on 12/1/2020.
(5)	25% vest on each 12/1/2019, 2020, 2021 and 2022.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Parahus Robert 250 GIBRALTAR ROAD HORSHAM, PA 19044			EVP,Co-Chief Operating Officer