Toast director reports RSU vesting and new grant

Toast, Inc. director Hilarie A. Koplow reported equity compensation activity.

Rhea-AI Filing Summary

Toast, Inc. director Hilarie A. Koplow reported equity compensation activity. On June 12, 2026, 5,256 Restricted Stock Units (RSUs) vested and converted into the same number of Class A Common Stock shares, and she received a new grant of 8,888 RSUs. The filing reports 48,147 Class A shares held directly after the transactions, plus 8,888 RSUs scheduled to vest in full on the earlier of June 12, 2027 or the next annual stockholder meeting.

Insider Trade Summary

5,256 shares exercised/converted

Exercise 3 txns

Insider Koplow Hilarie A.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	5,256	$0.00	$0.00
Grant/Award	Restricted Stock Units	8,888	$0.00	$0.00
Exercise	Class A Common Stock	5,256	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 8,888 contracts (Direct); Class A Common Stock — 48,147 shares (Direct)

Footnotes (4)

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. The RSUs vested in full on June 12, 2026.
3. F3. Not Applicable.
4. F4. The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date.

Key Figures

RSUs vested and converted: 5,256 shares New RSU grant: 8,888 units Shares held after transactions: 48,147 shares +3 more

6 metrics

RSUs vested and converted 5,256 shares RSUs converted into Class A Common Stock on June 12, 2026

New RSU grant 8,888 units Restricted Stock Units granted on June 12, 2026

Shares held after transactions 48,147 shares Class A Common Stock held directly after June 12, 2026

RSUs outstanding after grant 8,888 units Restricted Stock Units tied to future vesting

RSU vesting date June 12, 2026 Existing RSU award vested in full on this date

Future vesting trigger June 12, 2027 or next annual meeting Vesting condition for new 8,888 RSU grant

Key Terms

Restricted Stock Units, Class A Common Stock, vested in full, annual meeting of the Issuer's stockholders

4 terms

Restricted Stock Units financial

"The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis"

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

"The Restricted Stock Units ("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.

vested in full financial

"The RSUs vested in full on June 12, 2026."

annual meeting of the Issuer's stockholders financial

"The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders"

FAQ

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

What transactions did Toast (TOST) director Hilarie Koplow report on June 12, 2026?

Hilarie A. Koplow reported compensation-related equity activity on June 12, 2026. 5,256 Restricted Stock Units vested and converted into Class A Common Stock, and she received a new grant of 8,888 RSUs linked to future vesting conditions.

How many Toast (TOST) shares does Hilarie Koplow hold after the reported Form 4 transactions?

After the June 12, 2026 transactions, Hilarie A. Koplow holds 48,147 shares of Toast Class A Common Stock directly. In addition, she holds 8,888 Restricted Stock Units that can convert into Class A shares upon future vesting and settlement.

What happened to the 5,256 Toast (TOST) Restricted Stock Units mentioned in the filing?

The 5,256 Restricted Stock Units vested in full on June 12, 2026 and converted into 5,256 shares of Toast Class A Common Stock on a one-for-one basis. Following this conversion, no RSUs remained outstanding from that specific grant.

What are the terms of the new 8,888 RSU grant reported for Toast (TOST)?

The new grant of 8,888 Restricted Stock Units will vest in full on the earlier of June 12, 2027 or the next annual meeting of Toast’s stockholders following the grant date. Each RSU converts into one share of Class A Common Stock upon vesting and settlement.

Does the Toast (TOST) Form 4 show any open-market stock purchases or sales by Hilarie Koplow?

The Form 4 reflects only equity compensation activity, including RSU vesting and a new RSU grant. It does not show any open-market purchases or sales of Toast Class A Common Stock by Hilarie A. Koplow on the reported date.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/16/2026 - 04:36 PM EDT Learn about SEC filing dates

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^*

Koplow Hilarie A.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/12/2026		M		5,256	A	$0(1)	48,147	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	$0(1)	06/12/2026		M			5,256	(2)	(3)	Class A Common Stock	5,256	$0	0	D
Restricted Stock Units	$0(1)	06/12/2026		A		8,888		(4)	(3)	Class A Common Stock	8,888	$0	8,888	D

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. The RSUs vested in full on June 12, 2026.

3. Not Applicable.

4. The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date.

Remarks:

	/s/ Monica Kleinman as Attorney-in-Fact for Hilarie Koplow-McAdams	06/16/2026
	** 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.
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)