Toast, Inc. (NYSE: TOST) shareholder plans August stock sale
Rhea-AI Filing Summary
Toast, Inc. (TOST) received a notice of proposed sale of Class A common stock under Rule 144 for the account of Jonathan S. Vassil. The notice covers 85,280 Class A shares, to be sold on or about 08/21/2026 in connection with a stock option exercise, through Fidelity Brokerage Services LLC on the NYSE.
The filing also lists multiple prior sales of Toast Class A shares by Jonathan S. Vassil during July and August 2026, each with specified share amounts and total transaction values, indicating an ongoing disposition program of equity previously acquired.
Positive
- None.
Negative
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Key Figures
Shares to be sold: 85,280 shares
Securities information table share figure: 85,280
Securities information table value figure: 3,099,093.92
+3 more
6 metrics
Shares to be sold
85,280 shares
Class A common stock proposed for sale around 08/21/2026 in connection with stock option exercise
Securities information table share figure
85,280
Appears in the Class A securities information row associated with Fidelity Brokerage Services LLC
Securities information table value figure
3,099,093.92
Figure in the Class A securities information row alongside the 85,280 share amount
Table figure associated with outstanding
514,000,000
Large numeric figure in the Class A securities information row with an 08/21/2026 date
Shares sold 07/02/2026
6,647 shares
Class A sale by Jonathan S. Vassil with associated value 191,760.63
Shares sold 08/19/2026
13,931 shares
Class A sale by Jonathan S. Vassil with associated value 501,690.49
Key Terms
Rule 144, stock option exercise, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" 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.
stock option exercise financial
"Class A | 08/21/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as attorney-in-fact for Jonathan S. Vassil"
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
What does the Form 144 filing disclose for Toast, Inc. (TOST)?
The filing discloses a proposed sale under Rule 144 of 85,280 Class A shares of Toast, Inc. common stock for the account of Jonathan S. Vassil, expected around 08/21/2026, in connection with a stock option exercise through Fidelity Brokerage Services LLC.
Who is the selling security holder in the Toast (TOST) Form 144?
The securities are to be sold for the account of Jonathan S. Vassil. The signature block shows the notice was signed by Gary Redman as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Jonathan S. Vassil.
Which broker and exchange are involved in this Toast (TOST) Form 144 sale?
The proposed sale identifies Fidelity Brokerage Services LLC as broker in the securities information section, with the Class A shares listed for trading on the NYSE. The approximate sale date indicated is 08/21/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.