[144] Toast, Inc. SEC Filing

Rhea-AI Filing Summary

Toast, Inc. (TOST) filed a Form 144 disclosing a proposed sale of 12,500 shares of common stock through Merrill Lynch with an aggregate market value of $500,000. The filing lists the approximate sale date as 08/21/2025 and reports 510,000,000 shares outstanding. The shares were acquired on 02/25/2022 as a partnership distribution from Lead Edge and were paid as compensation. The filer reports no securities sold by the account in the past three months and affirms, by signature, that they are unaware of any material nonpublic information about the issuer.

Positive

• Proposed sale clearly disclosed: 12,500 shares with aggregate market value of $500,000
• Acquisition details provided: acquired 02/25/2022 as a partnership distribution from Lead Edge and paid as compensation
• Broker identified: sale to be executed through Merrill Lynch
• No recent sales: filer reports no securities sold in the past three months

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine insider sale disclosed; details on acquisition and broker add transparency.

The Form 144 provides clear mechanics of a proposed disposition: 12,500 Toast common shares to be sold via Merrill Lynch on or about 08/21/2025 for an aggregate market value of $500,000. The filing states acquisition occurred 02/25/2022 as a partnership distribution from Lead Edge and was categorized as compensation. The notice also confirms no sales in the prior three months. For investors, this is a routine disclosure that documents insider liquidity but contains no financial results or forward guidance.

Compliance/Risk Analyst

TL;DR: Filing meets Rule 144 disclosure elements and includes the required signature representation.

The document includes essential Rule 144 fields: issuer, broker, number of shares, aggregate value, date of acquisition, nature of acquisition, source party (Lead Edge), and intended sale date. It also contains the statutory attestation regarding material nonpublic information and notes no sales in the past three months. From a compliance standpoint, the filing appears procedurally complete for a proposed sale; it does not disclose any compliance issues or litigation matters.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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
common stock	Merrill Lynch 101 Derby St Hingham MA 02043	12500	500000.00	510000000	08/21/2025	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 *
common	02/25/2022	partnership distribution	Lead Edge			12500	02/25/2022	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TOST Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 12,500 common shares via Merrill Lynch with an aggregate market value of $500,000, approximately on 08/21/2025.

When and how were the shares being sold on the Form 144 acquired?

The shares were acquired on 02/25/2022 as a partnership distribution from Lead Edge and the payment type is listed as compensation.

Does the Form 144 report any securities sold by the filer in the past three months?

No. The filing explicitly states "Nothing to Report" for securities sold during the past three months.

Which broker will handle the proposed sale listed on the TOST Form 144?

The broker named in the filing is Merrill Lynch located at 101 Derby St Hingham MA 02043.

Does the filer attest to knowledge of material nonpublic information?

Yes. By signing the notice, the filer represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.