Toast, Inc. 4

Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised options and sold 85,280 Class A shares (cashless exercise and sale) in a Rule 10b5-1 transaction on August 21, 2026.

On August 21, 2026, Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised two vested stock options for a total of 85,280 shares of Class A Common Stock at strike prices of $17.38 and $17.33, immediately selling all 85,280 shares in a Rule 10b5-1 planned transaction at a weighted average price of $36.34 per share, generating proceeds of roughly $3.1 million and capturing the spread between the option exercise prices and the market price. Following these transactions, he directly held 69,966 shares of Class A Common Stock and an additional 84,269 shares were held indirectly via The Jonathan S. Vassil Grantor Retained Annuity Trust #1, with his remaining direct equity stake (excluding the trust) valued at approximately $2.6 million based on the recent share price.

Filing Facts

CIK

1650164

Ticker

TOST

Form

4

Source Type

sec

Accession

0001650164-26-000185

Alert Tier

6