Form 144: 3,150 Class A shares proposed sale

The filing is a Form 144 notice reporting a proposed sale of 3,150 Class A shares by an affiliate via a stock option exercise to be sold for cash on 07/07/2026.

Rhea-AI Filing Summary

The filing is a Form 144 notice reporting a proposed sale of 3,150 Class A shares by an affiliate via a stock option exercise to be sold for cash on 07/07/2026. The excerpt shows a prior sale of 6,647 shares on 07/02/2026 for $191,760.63.

Insights

Securities Counsel

Routine affiliate resale notice tied to an option exercise.

The Form 144 excerpt lists a proposed cash sale of 3,150 Class A shares on 07/07/2026, described as a stock option exercise and filed under the issuer category. It identifies the seller as Jonathan S. Vassil.

Court or regulator outcomes are not mentioned; cash‑flow treatment is limited to “Cash.” Subsequent filings or transaction confirmations will show whether the proposed sale was executed.

Key Figures

Proposed shares to sell: 3,150 shares Prior sale: 6,647 shares Prior sale proceeds: $191,760.63 +2 more

5 metrics

Proposed shares to sell 3,150 shares proposed sale date <date>07/07/2026</date>

Prior sale 6,647 shares sold on <date>07/02/2026</date> for <money>$191,760.63</money>

Prior sale proceeds $191,760.63 proceeds from 6,647 shares on <date>07/02/2026</date>

Sale method Cash method for the proposed 3,150‑share sale on <date>07/07/2026</date>

Transaction type Stock Option Exercise reason for the 3,150‑share sale listed in the filing

Key Terms

Form 144, Stock Option Exercise, Affiliate, Cash

4 terms

Form 144 regulatory

"Form 144 notice reporting proposed sale of Class A shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"listed as the transaction type for the 3,150 shares"

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.

Affiliate regulatory

"selling party identified as an affiliate under issuer category"

Cash financial

"sale method for the proposed transaction shown as Cash"

FAQ

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

What does the TOST Form 144 disclose?

The Form 144 discloses a proposed cash sale of 3,150 Class A shares tied to a stock option exercise scheduled for 07/07/2026. It names the selling affiliate and shows a recent prior sale on 07/02/2026.

Who is listed as the selling party on the filing?

The filing shows Jonathan S. Vassil as the selling party. An intermediary listed is Fidelity Brokerage Services LLC at the address provided in the excerpt.

How many shares were sold recently by the same holder?

The excerpt reports a sale on 07/02/2026 of 6,647 shares for $191,760.63. That transaction is presented separately from the proposed 3,150‑share sale.

Is the proposed sale part of a public offering or an issuer issuance?

The proposed sale is reported as a resale by an affiliate following a stock option exercise; the filing lists the sale method as Cash. It is not described as a primary public offering in the excerpt.

When will the proposed sale occur according to the filing?

The Form 144 lists the proposed sale date as 07/07/2026 for the 3,150 Class A shares, with the method described as a cash sale arising from a stock option exercise.

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

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Accepted by SEC EDGAR 07/07/2026 - 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	0002004790
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	Vassil Jonathan
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

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	3150	94592.50	516000000	07/07/2026	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	07/07/2026	Stock Option Exercise	Issuer			3150	07/07/2026	Cash

* 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
Jonathan S. Vassil 333 Summer Street Boston MA 02210	Class A	07/02/2026	6647	191760.63

144: Remarks and Signature

Remarks
Date of Notice	07/07/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/13/2026
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/ Gerardo Ibarra-Munoz, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Jonathan S. Vassil
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)