[Form 4] Toast, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Toast, Inc. director Mark J. Hawkins reported routine equity compensation activity. On June 12, 2026, previously granted Restricted Stock Units (RSUs) for 5,256 shares vested in full and converted on a one-for-one basis into Class A Common Stock. Following this RSU conversion, he directly held 101,860 shares of Class A Common Stock. On the same date, he also received a new grant of 8,888 RSUs, which will vest in full on the earlier of June 12, 2027 or the next annual meeting of Toast’s stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,256 shares exercised/converted
Mixed
3 txns
Insider
Hawkins Mark J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,256 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 8,888 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,256 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 101,860 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. The RSUs vested in full on June 12, 2026. Not Applicable. 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
Shares held after transaction: 101,860 shares
New RSU grant: 8,888 RSUs
+2 more
5 metrics
RSUs vested and converted
5,256 shares
RSUs converted into Class A Common Stock on June 12, 2026
Shares held after transaction
101,860 shares
Class A Common Stock directly owned following June 12, 2026 conversion
New RSU grant
8,888 RSUs
Granted on June 12, 2026, one-for-one into Class A upon vesting
RSU vesting date
June 12, 2026
Previously granted RSUs vested in full on this date
Future RSU vesting trigger
Earlier of June 12, 2027 or next annual meeting
Vesting condition for the 8,888 new RSUs
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, vested in full, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."
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 upon vesting and settlement."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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 following the grant date."