STOCK TITAN

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.

(High)

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Form Type
4

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 Gomez Elena
Role President, CFO
Sold 11,886 shs ($349K)
Approx. gross sale proceeds $349K
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 -- --
Holdings After Transaction: Restricted Stock Units — 186,333 contracts (Direct); Class A Common Stock — 171,957 shares (Direct)
Footnotes (6)
  1. F1. The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
  2. 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.
  3. F3. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
  4. F4. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
  5. F5. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.
  6. F6. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2026.
Class A shares acquired through RSU conversion 23,693 shares October 1, 2026
Class A shares sold 11,886 shares October 2, 2026; required to cover tax withholding obligations
Sale price per share $29.3540 per share October 2, 2026
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") convert into Class A Common Stock"
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.
vesting and settlement financial
"in connection with the vesting and settlement of RSUs"
tax withholding obligations financial
"to cover tax withholding obligations"

FAQ

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

How many TOST shares did Elena Gomez receive when her RSUs settled?

Four RSU conversions on October 1, 2026, resulted in 23,693 Class A common shares on a one-for-one basis upon vesting and settlement.

How many TOST shares did Elena Gomez sell, and why?

Elena Gomez sold 11,886 Class A common shares on October 2, 2026, at $29.3540 per share. The shares were required to be sold to cover tax withholding obligations in connection with RSU vesting and settlement, and the sale was not discretionary. No Rule 10b5-1 plan is reported.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Gomez Elena

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock10/01/2026M6,331A(1)166,481D
Class A Common Stock10/01/2026M6,316A(1)172,797D
Class A Common Stock10/01/2026M4,716A(1)177,513D
Class A Common Stock10/01/2026M6,330A(1)183,843D
Class A Common Stock10/02/2026S(2)11,886D$29.354171,957D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)10/01/2026M6,331 (3) (3)Class A Common Stock6,331$012,661D
Restricted Stock Units(1)10/01/2026M6,316 (4) (4)Class A Common Stock6,316$037,897D
Restricted Stock Units(1)10/01/2026M4,716 (5) (5)Class A Common Stock4,716$047,159D
Restricted Stock Units(1)10/01/2026M6,330 (6) (6)Class A Common Stock6,330$088,616D
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. 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.
3. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
4. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
5. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.
6. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2026.
Remarks:
/s/ Xing Yan as Attorney-in-Fact for Elena Gomez10/05/2026
** Signature of Reporting PersonDate
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)

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