SEC Form 4 · accession 0001650164-26-000187
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
Sep 2, 2026
Accepted (ET)
Sep 4, 2026 · 4:15 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 | Sep 2, 2026 | M | 14,280 | $2.21 | A | 84,246 | D | |
| Class A Common StockF2 | Sep 2, 2026 | S | 5,100 | $33.542 | D | 79,146 | D | |
| Class A Common StockF3 | Sep 2, 2026 | S | 9,180 | $34.095 | 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)F4 | $2.21 | Sep 2, 2026 | M | 14,280 | D | — | Apr 21, 2030 | Class A Common Stock | 14,280 | 285,871 | 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 $32.945 to $33.940 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 $33.95 to $34.26 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.
- F4The shares subject to this option are fully vested and exercisable as of the date hereof.