Toast (NYSE: TOST) director receives 8,888 RSUs vesting by 2027

Rhea-AI Filing Summary

Toast, Inc. director Anutthara Bharadwaj received a grant of 8,888 Restricted Stock Units as equity compensation. These RSUs convert into Class A Common Stock on a one-for-one basis when they vest and settle. All 8,888 RSUs vest in full on the earlier of June 12, 2027 or the next annual meeting of stockholders following the grant date, and are held directly after this award. This is a compensation-related grant, not an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BHARADWAJ ANUTTHARA

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	8,888	$0.00	--

Holdings After Transaction: Restricted Stock Units — 8,888 shares (Direct, null)

Footnotes (1)

1. The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. Not Applicable.

Key Figures

RSUs granted: 8,888 units RSU price per unit: $0.00 RSUs after transaction: 8,888 units +2 more

5 metrics

RSUs granted 8,888 units Restricted Stock Units awarded to director on June 12, 2026

RSU price per unit $0.00 Stated transaction price per RSU for the grant

RSUs after transaction 8,888 units Total Restricted Stock Units held following the grant

Conversion ratio 1 RSU : 1 share Each RSU converts into one Class A Common Stock share

Vesting date trigger June 12, 2027 RSUs vest on this date or earlier at next annual meeting

Key Terms

Restricted Stock Units, Class A Common Stock, vesting and settlement, annual meeting of the Issuer's stockholders

4 terms

Restricted Stock Units financial

"The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A Common Stock financial

"The RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vesting and settlement financial

"The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."

annual meeting of the Issuer's stockholders financial

"The RSUs shall vest in full on the earlier of June 12, 2027 and the next annual meeting of the Issuer's stockholders following the grant date."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BHARADWAJ ANUTTHARA

(Last) (First) (Middle)

TOAST, INC.

333 SUMMER STREET

(Street)

BOSTON MASSACHUSETTS 02210

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Toast, Inc. [ TOST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	06/12/2026		A		8,888		(2)	(3)	Class A Common Stock	8,888	$0	8,888	D

Explanation of Responses:

1. The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

2. The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date.

3. Not Applicable.

Remarks:

	/s/ Monica Kleinman as Attorney-in-Fact for Anutthara Bharadwaj	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Toast (TOST) director Anutthara Bharadwaj report in this Form 4?

The filing shows director Anutthara Bharadwaj received 8,888 Restricted Stock Units as equity compensation. These RSUs are derivative securities that will convert into Class A Common Stock when they vest and are settled, rather than an open-market stock purchase or sale.

How many Toast (TOST) RSUs were granted to the director and at what price?

The director was granted 8,888 Restricted Stock Units with a stated price per unit of $0.00. This indicates a compensation grant from Toast, Inc., not a cash purchase, and the units will later convert into Class A Common Stock upon vesting and settlement.

When do the granted Toast (TOST) RSUs vest for the director?

The RSUs vest in full on the earlier of June 12, 2027 or the next annual meeting of Toast, Inc. stockholders following the grant date. Once this vesting condition is met, the units will settle into Class A Common Stock on a one-for-one basis.

How many Toast (TOST) RSUs does the director hold after this transaction?

After this grant, the Form 4 reports the director holding 8,888 Restricted Stock Units. This amount reflects the total derivative position reported in this filing following the transaction, with no additional remaining derivative awards listed in the derivative summary section.

Do the Toast (TOST) RSUs convert into common stock, and at what ratio?

Yes. The footnotes state the RSUs convert into Class A Common Stock on a one-for-one basis when they vest and settle. This means each of the 8,888 granted RSUs will become one share of Class A Common Stock once the vesting and settlement conditions are satisfied.

Is this Toast (TOST) Form 4 a market buy or sell transaction?

No. The Form 4 reflects a grant of 8,888 Restricted Stock Units coded as a grant, award, or other acquisition. It is a compensation-related equity award from the company, not an open-market purchase or sale of Toast’s Class A Common Stock shares.