SEC Form 4 · accession 0001650164-26-000147
Toast, Inc. · TOST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aman Narang
Officer — CEO · Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 4:42 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jul 1, 2026 | M | 6,330 | — | A | 60,343 | D | |
| Class A Common StockF1 | Jul 1, 2026 | M | 12,597 | — | A | 72,940 | D | |
| Class A Common StockF1 | Jul 1, 2026 | M | 8,574 | — | A | 81,514 | D | |
| Class A Common StockF1 | Jul 1, 2026 | M | 3,302 | — | A | 84,816 | D | |
| Class A Common Stock | Jul 2, 2026 | S | 14,365 | $28.849 | D | 70,451 | D | |
| Class A Common Stock | holding | — | — | — | 300,000 | I | Starlight 2026 Charitable Remainder Trust | |
| Class A Common Stock | holding | — | — | — | 200,000 | I | The Narang Family Trust | |
| Class A Common Stock | holding | — | — | — | 100,750 | I | Starlight 2026 Trust LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jul 1, 2026 | M | 6,330 | D | — | — | Class A Common Stock | 6,330 | 18,992 | D |
| Restricted Stock UnitsF1,F4 | — | Jul 1, 2026 | M | 12,597 | D | — | — | Class A Common Stock | 12,597 | 88,182 | D |
| Restricted Stock UnitsF1,F5 | — | Jul 1, 2026 | M | 8,574 | D | — | — | Class A Common Stock | 8,574 | 94,318 | D |
| Restricted Stock UnitsF1,F6 | — | Jul 1, 2026 | M | 3,302 | D | — | — | Class A Common Stock | 3,302 | 49,537 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- F2Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.
- F3The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
- F4The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
- F5The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.
- F6The RSUs shall vest in sixteen equal quarterly installments following April 1, 2026.
Remarks
As of the date of this Form 4, the Reporting Person also owns 18,612,840 shares of Class B common stock of the Issuer. Each Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.