Toast CFO Elena Gomez sells 11,886 shares for taxes
The RSU conversions were one-for-one, and the October 2 sale was required to cover tax withholding and was not discretionary.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Toast, Inc. President and CFO Elena Gomez acquired 23,693 Class A common shares when restricted stock units converted one-for-one upon vesting and settlement on October 1, 2026. On October 2, she sold 11,886 shares at $29.3540 per share; the shares were required to cover tax withholding obligations, and the sale was not discretionary. No Rule 10b5-1 plan is reported.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 11,886 | $29.354 | $349K |
| Exercise | Restricted Stock Units F1, F3 | 6,331 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 6,316 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 4,716 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 6,330 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 6,331 | -- | -- |
| Exercise | Class A Common Stock F1 | 6,316 | -- | -- |
| Exercise | Class A Common Stock F1 | 4,716 | -- | -- |
| Exercise | Class A Common Stock F1 | 6,330 | -- | -- |
Footnotes (6)
- F1. The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- F2. Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.
- F3. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
- F4. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
- F5. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.
- F6. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
vesting and settlement financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.