SEC Form 4 · accession 0001650164-26-000180
Toast, Inc. · TOST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Vassil
Officer — Chief Revenue Officer
Period of report
Aug 11, 2026
Accepted (ET)
Aug 13, 2026 · 5:01 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 Stock | Aug 11, 2026 | M | 7,651 | $17.38 | A | 77,617 | D | |
| Class A Common Stock | Aug 11, 2026 | M | 6,146 | $17.33 | A | 83,763 | D | |
| Class A Common StockF2 | Aug 11, 2026 | S | 13,797 | $36.012 | D | 69,966 | D | |
| Class A Common Stock | holding | — | — | — | 84,269 | I | The Jonathan S. Vassil Grantor Retained Annuity Trust #1 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $17.38 | Aug 11, 2026 | M | 7,651 | D | — | Mar 15, 2032 | Class A Common Stock | 7,651 | 245,647 | D |
| Stock Option (Right to Buy)F4 | $17.33 | Aug 11, 2026 | M | 6,146 | D | — | Mar 10, 2033 | Class A Common Stock | 6,146 | 219,395 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person 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 $36 to $36.05 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 shares subject to this option are fully vested and exercisable as of the date hereof.
- F4The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following April 1, 2023.