Toast: Aman Narang plans $432K share sale

The proposed shares are tied to restricted stock that vested as compensation, and the sale includes an amount necessary to cover a related tax obligation.

Rhea-AI Filing Summary

Toast, Inc. reports that Aman Narang, identified as an officer and director, plans to sell 14,713 Class A shares on approximately October 2, 2026, with an aggregate market value listed as $431,883.92. The shares are identified as restricted stock that vested as compensation from the issuer on October 1, 2026. The sale includes an amount necessary to cover a tax obligation resulting from settlement of the vested equity award distribution.

Key Figures

Proposed sale: 14,713 Class A shares Aggregate market value: $431,883.92 Class A shares outstanding: 514,000,000 shares

3 metrics

Proposed sale 14,713 Class A shares Approximate sale date: October 2, 2026

Aggregate market value $431,883.92 Proposed sale

Class A shares outstanding 514,000,000 shares Number shown alongside the proposed sale

Key Terms

Rule 144, Restricted Stock Vesting, Charitable Remainder Trust, attorney-in-fact

4 terms

Rule 144 regulatory

"in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Restricted Stock Vesting"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Charitable Remainder Trust financial

"Starlight 2026 Charitable Remainder Trust"

attorney-in-fact regulatory

"as attorney-in-fact for Aman Narang"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Toast (TOST) shares does Aman Narang plan to sell?

Aman Narang's proposed sale is 14,713 Class A shares, with an aggregate market value of $431,883.92 and an approximate sale date of October 2, 2026.

What does the Toast (TOST) notice say about taxes on the proposed sale?

The proposed sale includes an amount necessary to cover a tax obligation resulting from settlement of a vested equity award distribution.

What recent Toast (TOST) share sales are listed?

Aman Narang's listed sale was 14,365 Class A shares for $414,418.76 on July 2, 2026. The Starlight 2026 Charitable Remainder Trust's listed sales were 124,542 shares for $4,395,549.07 on August 5; 13,510 for $473,130.77 on August 6; 42,105 for $1,479,138.78 on August 7; and 119,843 for $4,239,826.23 on August 10, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 04:04 PM Accepted by SEC EDGAR 10/02/2026 - 04:04 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001869139
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Toast, Inc.
SEC File Number	001-40819
Address of Issuer	333 SUMMER STREET BOSTON MASSACHUSETTS 02210
Phone	617-297-1005
Name of Person for Whose Account the Securities are To Be Sold	Narang Aman
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	14713	431883.92	514000000	10/02/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	10/01/2026	Restricted Stock Vesting	Issuer			14713	10/01/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Aman Narang 333 Summer Street Boston MA 02210	Class A	07/02/2026	14365	414418.76
Starlight 2026 Charitable Remainder Trust 333 Summer Street Boston MA 02210	Class A	08/05/2026	124542	4395549.07
Starlight 2026 Charitable Remainder Trust 333 Summer Street Boston MA 02210	Class A	08/06/2026	13510	473130.77
Starlight 2026 Charitable Remainder Trust 333 Summer Street Boston MA 02210	Class A	08/07/2026	42105	1479138.78
Starlight 2026 Charitable Remainder Trust 333 Summer Street Boston MA 02210	Class A	08/10/2026	119843	4239826.23

144: Remarks and Signature

Remarks	Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution. Some sales from the past 3 months occurred in the Starlight 2026 Charitable Remainder Trust of which Aman Narang is an account stakeholder.
Date of Notice	10/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Joshua Schmitt, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Aman Narang.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)