Toast (NYSE: TOST) CFO receives new stock options and RSU awards

Rhea-AI Filing Summary

Toast, Inc. President and CFO Elena Gomez received new equity awards. She was granted a stock option for 167,133 shares of Class A Common Stock at an exercise price of $28.90 per share, vesting in sixteen equal quarterly installments following April 1, 2026.

She also received 101,275 Restricted Stock Units that convert into Class A Common Stock on a one-for-one basis and vest in sixteen equal quarterly installments following April 1, 2026. Following these awards, she directly holds 164,629 shares of 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)
03/10/2026

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								164,629	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
Stock Option (Right to Buy)	$28.9	03/10/2026		A		167,133		(1)	03/10/2036	Class A Common Stock	167,133	$0	167,133	D
Restricted Stock Units	(2)	03/10/2026		A		101,275		(3)	(3)	Class A Common Stock	101,275	$0	101,275	D

Explanation of Responses:

1. The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following April 1, 2026.

2. Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

3. The RSUs shall vest in sixteen equal quarterly installments following April 1, 2026.

Remarks:

	/s/ Xing Yan as Attorney-in-Fact for Elena Gomez	03/12/2026
	** 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 equity awards did Toast (TOST) CFO Elena Gomez receive?

Elena Gomez received two new equity awards: a stock option and Restricted Stock Units. The option covers 167,133 shares of Class A Common Stock at an exercise price of $28.90, and 101,275 RSUs that convert one-for-one into Class A Common Stock upon vesting and settlement.

How do the new stock options for Toast (TOST) CFO vest?

The stock options granted to Elena Gomez vest in sixteen equal quarterly installments. Vesting begins after April 1, 2026, meaning a portion of the 167,133 underlying shares becomes exercisable every quarter over the multi-year vesting schedule, aligning compensation with long-term company performance.

What are the terms of Elena Gomez’s Toast (TOST) RSU grant?

Elena Gomez’s RSU grant consists of 101,275 units that convert into Class A Common Stock on a one-for-one basis. These RSUs vest in sixteen equal quarterly installments following April 1, 2026, providing a staggered delivery of shares over several years as service-based conditions are met.

Did Toast (TOST) CFO Elena Gomez sell any shares in this Form 4?

No sales are reported in this Form 4 for Elena Gomez. The filing shows only grant or award acquisitions of a stock option and RSUs, plus an updated holding entry, with no open-market sales or other dispositions of Toast Class A Common Stock on the reported date.

How many Toast (TOST) shares does Elena Gomez hold after these awards?

Following the reported awards, Elena Gomez directly holds 164,629 shares of Toast Class A Common Stock. This figure reflects her direct ownership position as of the transaction date reported, separate from the additional shares underlying her newly granted options and RSUs that vest over time.

What is the exercise price and expiration of Elena Gomez’s new Toast (TOST) options?

The newly granted stock option to Elena Gomez has an exercise price of $28.90 per share. The option relates to 167,133 shares of Class A Common Stock and carries an expiration date of March 10, 2036, subject to earlier termination under plan terms or employment changes.