Toast CRO sells 1,454 shares in tax-withhold sale

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported a sale of 1,454 shares of Class A Common Stock on February 3, 2026 at a price of $30.345 per share.

Accepted by SEC EDGAR 02/04/2026 - 04:36 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported a sale of 1,454 shares of Class A Common Stock on February 3, 2026 at a price of $30.345 per share. The filing explains these shares were sold to cover tax withholding obligations related to the vesting and settlement of RSUs and do not represent a discretionary trade. Following this transaction, Vassil directly beneficially owns 139,893 Toast Class A shares.

Insider Trade Summary

Net Seller: 1,454 shares

Net Sell 1 txn

Insider Vassil Jonathan

Role Chief Revenue Officer

Sold 1,454 shs ($44K)

Share of Position Sold 1.0%

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,454	$30.345	$44K

Holdings After Transaction: Class A Common Stock — 139,893 shares (Direct)

Holdings Before and After: Class A Common Stock, 141,347 to 139,893 shares (Direct)

Other Insiders: 4 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (1)

1. F1. 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.

FAQ

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

What insider transaction did Toast (TOST) report for Jonathan Vassil?

Toast reported that Chief Revenue Officer Jonathan Vassil sold 1,454 shares of Class A Common Stock. The transaction occurred on February 3, 2026, at a price of $30.345 per share, according to the Form 4 insider trading report.

Why did Jonathan Vassil sell 1,454 Toast (TOST) shares?

The 1,454 Toast shares were sold to cover tax withholding obligations tied to the vesting and settlement of RSUs. The filing states this sale was required for tax purposes and does not represent a discretionary trade by Jonathan Vassil.

How many Toast (TOST) shares does Jonathan Vassil own after the reported sale?

After the sale, Jonathan Vassil beneficially owns 139,893 shares of Toast Class A Common Stock. The Form 4 indicates these shares are held directly, following the disposition of 1,454 shares to satisfy tax withholding obligations.

What was the price per share in Jonathan Vassil’s Toast (TOST) stock sale?

The reported sale price was $30.345 per share for Toast Class A Common Stock. This price applied to the 1,454 shares sold on February 3, 2026, in a transaction undertaken to meet tax withholding obligations related to RSU vesting.

What role does Jonathan Vassil hold at Toast (TOST) in this Form 4 filing?

Jonathan Vassil is identified as an officer of Toast, serving as Chief Revenue Officer. The Form 4 lists him as the reporting person and details his non-discretionary sale of shares to cover RSU-related tax withholding obligations.

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

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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^*

Vassil Jonathan

(Last) (First) (Middle)

TOAST, INC.

333 SUMMER STREET

(Street)

BOSTON MA 02210

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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

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

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

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
Class A Common Stock	02/03/2026		S(1)		1,454	D	$30.345	139,893	D

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

Explanation of Responses:

1. 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.

Remarks:

	/s/ Xing Yan as Attorney-in-Fact for Jonathan Vassil	02/04/2026
	** 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.
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