Toast revenue chief Vassil sells 4,600 shares

Q: How many TOST shares did Jonathan Vassil sell and at what price?

Jonathan Vassil sold 4,600 Class A shares on November 4, 2026, at a weighted average price of $36.004 per share. The sales occurred in multiple transactions priced from $36 to $36.015 under a Rule 10b5-1 trading plan adopted March 13, 2026.

Q: What options did TOST's chief revenue officer exercise?

Jonathan Vassil exercised options for 900 shares at $17.38 and 3,700 shares at $17.33 on November 4, 2026. The 900 shares were fully vested and exercisable; the 3,700 underlying shares were to vest and become exercisable in sixteen equal quarterly installments following April 1, 2023.

The reported sale was made under a Rule 10b5-1 trading plan adopted on March 13, 2026.

Available on EDGAR 11/06/2026 - 04:28 PM EST Accepted by SEC EDGAR 11/06/2026 - 04:28 PM EST

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Rhea-AI Filing Summary

Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised options for 900 shares at $17.38 and 3,700 shares at $17.33 on November 4, 2026, acquiring 4,600 Class A shares. He also sold 4,600 shares at a weighted average price of $36.004 under a Rule 10b5-1 trading plan adopted March 13, 2026; sale prices ranged from $36 to $36.015. A separate indirect holding lists 84,269 shares through The Jonathan S. Vassil Grantor Retained Annuity Trust #1.

Insider Trade Summary 10b5-1

Exercise and Sale: 4,600 shares ($86K approx. pre-tax spread)

Exercise and Sale 5 txns

Insider Vassil Jonathan

Role Chief Revenue Officer

Sold 4,600 shs ($166K)

Approx. gross sale proceeds $166K

Approx. exercise cost $80K

Approx. pre-tax spread $86K

Share of Position Sold 5.6%

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) ^{F1, F3}	900	$0.00	$0.00
Exercise	Stock Option (Right to Buy) ^{F1, F4}	3,700	$0.00	$0.00
Exercise	Class A Common Stock ^F1	900	$17.38	$16K
Exercise	Class A Common Stock ^F1	3,700	$17.33	$64K
Sale	Class A Common Stock ^{F1, F2}	4,600	$36.004	$166K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 361,231 contracts (Direct); Class A Common Stock — 77,424 shares (Direct); Class A Common Stock — 84,269 shares (Indirect, The Jonathan S. Vassil Grantor Retained Annuity Trust #1)

Holdings Before and After: Stock Option (Right to Buy), 365,831 to 361,231 contracts (Direct); Class A Common Stock, 77,424 to 77,424 shares (Direct)

Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (4)

F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36 to $36.015 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.
F3. The shares subject to this option are fully vested and exercisable as of the date hereof.
F4. The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following April 1, 2023.

Key Figures

Shares sold: 4,600 shares Weighted average sale price: $36.004 per share Option shares exercised: 900 shares +4 more

7 metrics

Shares sold 4,600 shares November 4, 2026

Weighted average sale price $36.004 per share Sale on November 4, 2026

Option shares exercised 900 shares Exercise price of $17.38 per share on November 4, 2026

Option exercise price $17.38 per share Option for 900 shares exercised November 4, 2026

Option shares exercised 3,700 shares Exercise price of $17.33 per share on November 4, 2026

Option exercise price $17.33 per share Option for 3,700 shares exercised November 4, 2026

Indirect trust holding 84,269 shares The Jonathan S. Vassil Grantor Retained Annuity Trust #1

Key Terms

Rule 10b5-1 trading plan, weighted average price, fully vested and exercisable, quarterly installments

4 terms

Rule 10b5-1 trading plan regulatory

"pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The reported price in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

fully vested and exercisable financial

"fully vested and exercisable as of the date hereof"

quarterly installments financial

"in sixteen equal quarterly installments"

FAQ

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

How many TOST shares did Jonathan Vassil sell and at what price?

Jonathan Vassil sold 4,600 Class A shares on November 4, 2026, at a weighted average price of $36.004 per share. The sales occurred in multiple transactions priced from $36 to $36.015 under a Rule 10b5-1 trading plan adopted March 13, 2026.

What options did TOST's chief revenue officer exercise?

Jonathan Vassil exercised options for 900 shares at $17.38 and 3,700 shares at $17.33 on November 4, 2026. The 900 shares were fully vested and exercisable; the 3,700 underlying shares were to vest and become exercisable in sixteen equal quarterly installments following April 1, 2023.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Vassil Jonathan

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/04/2026		M⁽¹⁾		900	A	$17.38	78,324	D
Class A Common Stock	11/04/2026		M⁽¹⁾		3,700	A	$17.33	82,024	D
Class A Common Stock	11/04/2026		S⁽¹⁾		4,600	D	$36.004⁽²⁾	77,424	D
Class A Common Stock								84,269	I	The Jonathan S. Vassil Grantor Retained Annuity Trust #1

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$17.38	11/04/2026		M⁽¹⁾			900	⁽³⁾	03/15/2032	Class A Common Stock	900	$0	189,675	D
Stock Option (Right to Buy)	$17.33	11/04/2026		M⁽¹⁾			3,700	⁽⁴⁾	03/10/2033	Class A Common Stock	3,700	$0	171,556	D

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36 to $36.015 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

3. The shares subject to this option are fully vested and exercisable as of the date hereof.

4. The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following April 1, 2023.

Remarks:

	/s/ Xing Yan as Attorney-in-Fact for Jonathan Vassil	11/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR