Toast, Inc. 4

Toast CEO Aman Narang, via the Starlight 2026 Charitable Remainder Trust, sold approximately 138k shares of Toast Class A Common Stock for about $4.8 million under a Rule 10b5‑1 plan.

On August 5 and 6, 2026, Toast, Inc. CEO Aman Narang, through the Starlight 2026 Charitable Remainder Trust, sold a total of 137,?52 shares (124,458 and 84 shares on August 5 and 13,510 shares on August 6) of Toast Class A Common Stock at weighted average prices around $35–36 per share, generating roughly $4.8 million in proceeds. These were open‑market sales coded as disposition (“S”) and conducted under a pre‑arranged Rule 10b5‑1 trading plan adopted by the trust on March 13, 2026. Following the transactions, the trust reported ownership of 161,948 Class A shares, while Narang also holds directly 70,451 Class A shares and additional indirect Class A holdings via The Narang Family Trust (200,000 shares) and Starlight 2026 Trust LLC (100,750 shares), as well as 18,612,840 Class B shares convertible one‑for‑one into Class A, leaving him with a very large residual economic and voting stake in the company.

Filing Facts

CIK

1650164

Ticker

TOST

Form

4

Source Type

sec

Accession

0001650164-26-000174

Alert Tier

7