Toast, Inc. 4

Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised options for 14,280 Class A shares at $2.21 and sold the same 14,280 shares around $32.89, leaving him with 69,966 shares held directly plus additional shares held indirectly via a trust.

On August 3, 2026, Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised stock options for 14,280 shares of Class A Common Stock at $2.21 per share and immediately sold the same 14,280 shares at a weighted average price of $32.887 per share under a pre-arranged Rule 10b5-1 trading plan. The option exercise (coded "M") generated an acquisition entry showing 14,280 shares acquired at $2.21, increasing his direct holdings to 84,246 shares before the sale, while the subsequent open-market sale (coded "S") reduced his direct ownership to 69,966 shares. The options were fully vested and exercisable at the time of the transaction, and a related trust (The Jonathan S. Vassil Grantor Retained Annuity Trust #1) is shown as holding 84,269 Class A shares indirectly. Based on the current stock price of roughly $32.75, Vassil’s direct post-transaction stake is worth about $2.29 million, and his direct plus indicated indirect holdings total roughly $4.05 million in Toast equity.

Filing Facts

CIK

1650164

Ticker

TOST

Form

4

Source Type

sec

Accession

0001650164-26-000165

Alert Tier

6