Form 144: 3,150 Class A shares proposed sale (TOST)
Filing Impact
Filing Sentiment
Form Type
144
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.
Positive
- None.
Negative
- None.
Insights
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
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.
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.