SEC Form 4 · accession 0001650164-26-000185

Toast, Inc. · TOST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Revenue Officer

Period of report

Aug 21, 2026

Accepted (ET)

Aug 25, 2026 · 4:36 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 21, 2026	M	47,673	$17.38	A	117,639	D
Class A Common Stock	Aug 21, 2026	M	37,607	$17.33	A	155,246	D
Class A Common Stock^F2	Aug 21, 2026	S	85,280	$36.34	D	69,966	D
Class A Common Stock	holding	—	—		—	84,269	I	The Jonathan S. Vassil Grantor Retained Annuity Trust #1

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 21, 2026	M	47,673	D	—	Mar 15, 2032	Class A Common Stock	47,673	190,575	D
Stock Option (Right to Buy)^F4	$17.33	Aug 21, 2026	M	37,607	D	—	Mar 10, 2033	Class A Common Stock	37,607	175,256	D

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 $36.67 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.