Toast (TOST) President and CFO gains 3,913 shares from RSU vesting

Rhea-AI Filing Summary

Toast, Inc. executive Elena Gomez, President and CFO, reported the vesting and settlement of 3,913 Restricted Stock Units into 3,913 shares of Class A Common Stock on February 1, 2026. These RSUs convert to common stock on a one-for-one basis when they vest.

The RSUs are part of an equity award that vests in sixteen equal quarterly installments beginning February 1, 2022. After this transaction, Gomez directly holds 166,066 shares of Toast Class A Common Stock.

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

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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 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)
	President, CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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	02/01/2026		M		3,913	A	(1)	166,066	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
Restricted Stock Units	(1)	02/01/2026		M			3,913	(2)	(2)	Class A Common Stock	3,913	$0	0	D

Explanation of Responses:

1. 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 sixteen equal quarterly installments following February 1, 2022.

Remarks:

	/s/ Xing Yan as Attorney-in-Fact for Elena Gomez	02/03/2026
	** 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).
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FAQ

What insider transaction did Toast (TOST) report for Elena Gomez on February 1, 2026?

On February 1, 2026, Toast President and CFO Elena Gomez reported the vesting and settlement of 3,913 Restricted Stock Units into 3,913 shares of Class A Common Stock, reflected as a Code M transaction at a price of $0 per share.

How many Toast (TOST) shares does Elena Gomez own after this Form 4 filing?

After the reported transaction, Elena Gomez directly owns 166,066 shares of Toast Class A Common Stock. This figure reflects the additional 3,913 shares received from vested RSUs, which convert to common stock on a one-for-one basis upon vesting.

What is the vesting schedule for Elena Gomez’s RSUs at Toast (TOST)?

Elena Gomez’s Restricted Stock Units vest in sixteen equal quarterly installments starting February 1, 2022. Each vesting date allows a portion of the RSUs to convert into Toast Class A Common Stock on a one-for-one basis, as outlined in the award terms.

What does transaction code M mean in the Toast (TOST) Form 4 for Elena Gomez?

Transaction code M indicates the exercise or conversion of a derivative security. In this case, 3,913 RSUs were converted into 3,913 shares of Toast Class A Common Stock, consistent with the one-for-one RSU conversion described in the filing footnotes.

Was there any cash price paid for the RSUs converted by Elena Gomez at Toast (TOST)?

No cash price was paid for this conversion; the Form 4 lists a $0 price per share for the 3,913 RSUs converted. This reflects that Restricted Stock Units typically settle into shares without an exercise price when they vest under the award terms.