Toast (TOST) President and CFO gains 3,913 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,913 shares exercised/converted
Mixed
2 txns
Insider
Gomez Elena
Role
President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,913 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,913 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 166,066 shares (Direct)
Footnotes (1)
- 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 sixteen equal quarterly installments following February 1, 2022.
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.
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.