SEC Form 4 · accession 0001650164-26-000174
Toast, Inc. · TOST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aman Narang
Officer — CEO · Director
Period of report
Aug 5, 2026
Accepted (ET)
Aug 7, 2026 · 4:33 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
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 StockF2 | Aug 5, 2026 | S | 124,458 | $35.294 | D | 175,542 | I | Starlight 2026 Charitable Remainder Trust |
| Class A Common Stock | Aug 5, 2026 | S | 84 | $36.11 | D | 175,458 | I | Starlight 2026 Charitable Remainder Trust |
| Class A Common StockF3 | Aug 6, 2026 | S | 13,510 | $35.021 | D | 161,948 | I | Starlight 2026 Charitable Remainder Trust |
| Class A Common Stock | holding | — | — | — | 70,451 | D | ||
| 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
No Table II lines on this filing.
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Starlight 2026 Charitable Remainder Trust on March 13, 2026.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35 to $35.91 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35 to $35.23 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.
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.