Toast, Inc. (NYSE: TOST) officer exercises 6604 RSUs into Class A shares
Rhea-AI Filing Summary
Toast, Inc. reported that Principal Accounting Officer Rossana Niola exercised 6604 Restricted Stock Units on August 1, 2026, converting them one-for-one into 6604 shares of Class A Common Stock. Following the transaction, she holds 6604 shares directly and 46235 RSUs that vest 12.5% on August 1, 2026, with the balance in equal quarterly installments over the next three and a half years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,604 shares
Net Buy
2 txns
Insider
Niola Rossana
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 6,604 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 6,604 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 46,235 shares (Direct);
Class A Common Stock — 6,604 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- F2. The RSUs shall vest as follows: 12.5% vested on August 1, 2026, with the remainder vesting in equal quarterly installments over the following three and half years.
Key Figures
RSUs exercised: 6604 units
Common shares held: 6604 shares
RSUs remaining: 46235 units
+2 more
5 metrics
RSUs exercised
6604 units
Restricted Stock Units converted into Class A Common Stock on August 1, 2026
Common shares held
6604 shares
Direct Class A Common Stock holdings following the RSU exercise
RSUs remaining
46235 units
Restricted Stock Units outstanding after the reported transaction
Initial vesting percentage
12.5%
Portion of RSUs that vested on August 1, 2026
Remaining vesting period
3.5 years
RSUs vest in equal quarterly installments over this period
Key Terms
Restricted Stock Units, Class A Common Stock, vest in equal quarterly installments
3 terms
Restricted Stock Units financial
"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.
Class A Common Stock financial
"RSUs convert into Class A Common Stock on a one-for-one basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in equal quarterly installments financial
"remainder vesting in equal quarterly installments over the following three and half years"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Toast, Inc. (TOST) report for Rossana Niola?
Toast, Inc. reported that Principal Accounting Officer Rossana Niola exercised 6604 RSUs on August 1, 2026, converting them into Class A Common Stock. This reflects vesting and settlement of previously granted equity awards, not an open-market purchase or sale.
How many Toast (TOST) RSUs did Rossana Niola exercise and what did she receive?
Rossana Niola exercised 6604 Restricted Stock Units, receiving 6604 shares of Toast Class A Common Stock. The RSUs convert on a one-for-one basis into Class A shares upon vesting and settlement, according to the filing’s footnote description.
What is the vesting schedule for Rossana Niola's Toast (TOST) RSUs?
The RSUs vest with 12.5% vesting on August 1, 2026, and the remaining units vesting in equal quarterly installments over the following three and a half years. This creates a long-term, time-based equity vesting structure.
How many Toast (TOST) RSUs remain outstanding for Rossana Niola after this transaction?
After the reported exercise, Rossana Niola has 46235 RSUs remaining outstanding. These restricted stock units continue to vest over time according to the disclosed schedule of equal quarterly installments following the initial August 1, 2026 vesting.
What is Rossana Niola’s role at Toast (TOST) in this Form 4 filing?
In this Form 4, Rossana Niola is identified as Toast’s Principal Accounting Officer. Her reported transactions involve equity compensation in the form of Restricted Stock Units that vest and settle into Class A Common Stock over several years.