Toast's Rossana Niola converts awards to 3,302 shares

Q: How many TOST shares did Rossana Niola acquire?

On November 1, 2026, 3,302 restricted stock units converted into 3,302 shares of Class A common stock on a one-for-one basis upon vesting and settlement. After the transaction, Rossana Niola directly held 7,608 Class A shares and 42,933 restricted stock units.

Q: What was the vesting schedule for Rossana Niola’s TOST RSUs?

The disclosed schedule states that 12.5% shall vest on August 1, 2026, with the remainder vesting in equal quarterly installments over the following three and a half years.

After the conversion, Rossana Niola directly held 7,608 Class A shares and 42,933 restricted stock units.

Available on EDGAR 11/03/2026 - 06:00 PM EST Accepted by SEC EDGAR 11/03/2026 - 06:00 PM EST

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Toast, Inc. Principal Accounting Officer Rossana Niola converted 3,302 restricted stock units into 3,302 shares of Class A common stock on November 1, 2026; the units convert one-for-one upon vesting and settlement. After the transaction, she directly held 7,608 shares of Class A common stock and 42,933 restricted stock units.

Insider Trade Summary

3,302 shares exercised/converted

Exercise 2 txns

Insider Niola Rossana

Role Principal Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F1, F2}	3,302	$0.00	$0.00
Exercise	Class A Common Stock ^F1	3,302	--	--

Holdings After Transaction: Restricted Stock Units — 42,933 contracts (Direct); Class A Common Stock — 7,608 shares (Direct)

Holdings Before and After: Restricted Stock Units, 46,235 to 42,933 contracts (Direct); Class A Common Stock, 4,306 to 7,608 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% shall vest on August 1, 2026, with the remainder vesting in equal quarterly installments over the following three and half years.

Key Figures

Restricted stock units converted: 3,302 restricted stock units Class A shares received: 3,302 shares Direct Class A shares after transaction: 7,608 shares +3 more

6 metrics

Restricted stock units converted 3,302 restricted stock units Converted on November 1, 2026

Class A shares received 3,302 shares Conversion on November 1, 2026, on a one-for-one basis

Direct Class A shares after transaction 7,608 shares Reported following the November 1, 2026 transaction

Restricted stock units after transaction 42,933 restricted stock units Reported following the November 1, 2026 transaction

Scheduled vesting installment 12.5% Scheduled for August 1, 2026

Remaining vesting period Three and a half years Equal quarterly installments

Key Terms

Restricted Stock Units, vesting, settlement, one-for-one basis

4 terms

Restricted Stock Units technical

"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.

vesting financial

"upon vesting and settlement"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settlement financial

"upon vesting and settlement"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

one-for-one basis technical

"convert into Class A Common Stock on a one-for-one basis"

FAQ

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

How many TOST shares did Rossana Niola acquire?

On November 1, 2026, 3,302 restricted stock units converted into 3,302 shares of Class A common stock on a one-for-one basis upon vesting and settlement. After the transaction, Rossana Niola directly held 7,608 Class A shares and 42,933 restricted stock units.

What was the vesting schedule for Rossana Niola’s TOST RSUs?

The disclosed schedule states that 12.5% shall vest on August 1, 2026, with the remainder vesting in equal quarterly installments over the following three and a half years.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

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^*

Niola Rossana

(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)
	Principal Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

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	11/01/2026		M		3,302	A	⁽¹⁾	7,608	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)
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)
Restricted Stock Units	⁽¹⁾	11/01/2026		M			3,302	⁽²⁾	⁽²⁾	Class A Common Stock	3,302	$0	42,933	D

Explanation of Responses:

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

2. The RSUs shall vest as follows: 12.5% shall vest on August 1, 2026, with the remainder vesting in equal quarterly installments over the following three and half years.

Remarks:

	/s/ Xing Yan, as Attorney-in-Fact for Rossana Niola	11/03/2026
	** 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