SEC Form 4 · accession 0001193125-26-272997
Toast, Inc. · TOST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Kent Bennett
Director
Period of report
Jun 12, 2026
Accepted (ET)
Jun 16, 2026 · 5:58 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001650164
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | Jun 12, 2026 | M | 5,256 | $0.00 | D | 0 | I | See Footnote |
| Class A Common StockF1,F2 | Jun 12, 2026 | M | 5,256 | $0.00 | A | 5,256 | I | See Footnote |
| Class A Common Stock | holding | — | — | — | 534,167 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F4 | — | Jun 12, 2026 | A | 8,888 | A | — | — | Class A Common Stock | 8,888 | 8,888 | I |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- F2The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. The RSUs vested in full on June 12, 2026.
- F3The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. The Reporting Person has agreed to assign to "DMC" the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.
- F4Not Applicable.