Toast Inc Form 4 Filings

Toast, Inc. (TOST) reported that Chief Revenue Officer Jonathan Vassil exercised stock options and sold shares on August 21, 2026 under a Rule 10b5-1 trading plan adopted on March 13, 2026. He exercised options for 47,673 Class A shares at $17.38 and 37,607 shares at $17.33 per share.

On the same date he sold 85,280 Class A shares at a weighted average price of $36.34 per share in multiple transactions at prices between $36.00 and $36.67. Following these transactions, 84,269 Class A shares are reported as held indirectly through The Jonathan S. Vassil Grantor Retained Annuity Trust #1.

Toast, Inc. (TOST) reported that Chief Revenue Officer Jonathan Vassil exercised stock options and sold shares on August 19, 2026 under a Rule 10b5-1 trading plan adopted on March 13, 2026. He exercised options for 7,399 and 6,532 shares of Class A common stock at exercise prices of $17.38 and $17.33 per share, respectively, receiving the same number of Class A shares. He then sold a total of 13,931 Class A shares at a weighted average price of $36.013 per share, with individual sale prices ranging from $36 to $36.09. Following these transactions, 84,269 Class A shares are reported as held indirectly through The Jonathan S. Vassil Grantor Retained Annuity Trust #1.

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported option exercises and a related share sale on August 11, 2026 under a Rule 10b5-1 trading plan adopted on March 13, 2026. He exercised stock options for a total of 13,797 shares of Class A common stock at exercise prices of $17.38 and $17.33 per share and sold 13,797 shares of Class A common stock at a weighted average price of $36.012 per share in multiple transactions. Following these transactions, 84,269 shares of Class A common stock are reported as held indirectly through The Jonathan S. Vassil Grantor Retained Annuity Trust #1.

Toast, Inc. CEO Aman Narang, through the Starlight 2026 Charitable Remainder Trust, reported open-market sales of Class A common stock totaling 161,948 shares under a Rule 10b5-1 trading plan adopted on March 13, 2026. The filing also reports updated direct and indirect Class A holdings and notes Narang’s separate ownership of 18,612,840 Class B shares, each convertible into one Class A share.

Toast, Inc. executive Elena Gomez, President and CFO, reported two open-market or private sales of Class A common stock under a Rule 10b5-1 trading plan adopted on December 12, 2025. On August 7, 2026 she sold 2,163 shares at a weighted average price of $35.102 per share, and on August 10, 2026 she sold 5,761 shares at a weighted average price of $35.371 per share, for total reported sales of 7,924 shares.

Toast, Inc. reported that CEO Aman Narang, through the Starlight 2026 Charitable Remainder Trust, sold a total of 138,052 shares of Class A common stock on August 5–6, 2026. The sales, executed at weighted average prices around $35 per share, were made pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026.

Reported Class A holdings after these transactions include 70,451 shares held directly, 200,000 shares held via The Narang Family Trust, and 100,750 shares held via Starlight 2026 Trust LLC. Narang also owns 18,612,840 shares of Class B common stock, each convertible into one Class A share.

Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised stock options for 4,700 shares of Class A Common Stock on August 5, 2026, at exercise prices of $17.3800 and $17.3300 per share, then sold 4,700 shares at a weighted average of $36.0230 under a Rule 10b5-1 trading plan adopted on March 13, 2026; following these transactions, a grantor retained annuity trust associated with him held 84,269 shares indirectly.

Toast, Inc. President and CFO Elena Gomez reported selling a total of 17,076 shares of Class A Common Stock on August 5–6, 2026. The three transactions, reported as sales in open-market or private transactions at weighted average prices around $35–$36 per share, were executed under a Rule 10b5-1 trading plan adopted on December 12, 2025.

Toast, Inc. reports that Principal Accounting Officer Rossana Niola sold 2,298 shares of Class A Common Stock on August 4, 2026 at an average price of $33.446 per share. The shares were required to be sold to cover tax withholding from RSU vesting and were not a discretionary trade. Niola now directly holds 4,306 shares.

Toast, Inc. reported that Principal Accounting Officer Rossana Niola exercised 6604 Restricted Stock Units on August 1, 2026, converting them one-for-one into 6604 shares of Class A Common Stock. Following the transaction, she holds 6604 shares directly and 46235 RSUs that vest 12.5% on August 1, 2026, with the balance in equal quarterly installments over the next three and a half years.

Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised stock options for 14,280 Class A shares at $2.21 per share on August 3, 2026, then sold 14,280 shares at a weighted average of $32.887 (range $32.57–$33.215). Following the exercise, he held 300,151 options and indirectly held 84,269 shares via The Jonathan S. Vassil Grantor Retained Annuity Trust #1. These transactions were made under a Rule 10b5-1 trading plan adopted March 13, 2026, and the options are fully vested and exercisable.

Toast, Inc. Chief Revenue Officer Jonathan Vassil exercised stock options for a total of 11,170 Class A shares at $2.2100 per share on July 13 and 14, 2026, and sold an equal 11,170 shares in open-market transactions at weighted-average prices of $30.1930 and $30.0180. A footnote states these transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026. Following the reported transactions, he holds 69,966 Class A shares directly, 84,269 shares indirectly through The Jonathan S. Vassil Grantor Retained Annuity Trust #1, and 314,431 remaining stock options expiring on April 21, 2030.

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported an option exercise and related share sale in Class A Common Stock. He exercised stock options for 3,150 shares at $2.21 per share and on the same date sold 3,150 shares at a weighted average price of $30.029 per share in an open-market transaction. The sale was executed under a Rule 10b5-1 trading plan adopted on March 13, 2026, indicating it was pre-scheduled. Following these transactions, he held 69,966 shares directly, while an additional 84,269 shares were held indirectly through The Jonathan S. Vassil Grantor Retained Annuity Trust #1.

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported equity compensation activity and a related tax sale of company stock. On July 1, 2026, multiple batches of Restricted Stock Units (RSUs) vested and were converted into a total of 14,264 shares of Class A Common Stock, reflecting routine compensation vesting.

On July 2, 2026, Vassil sold 6,647 Class A shares at $28.849 per share. A footnote explains these shares were required to be sold to cover tax withholding obligations tied to the RSU vesting and did not represent a discretionary trade. After the transactions, he directly held 69,966 Class A shares, with an additional 84,269 shares held indirectly through The Jonathan S. Vassil Grantor Retained Annuity Trust #1 following an earlier ownership-form change exempt under Rule 16a-13.

Toast, Inc. CEO Aman Narang reported routine equity compensation activity and a related tax sale of company stock. On July 2, 2026, he sold 14,365 shares of Class A Common Stock at $28.849 per share, with a footnote stating the sale was required to cover tax withholding obligations from Restricted Stock Unit (RSU) vesting and was not a discretionary trade.

On July 1, 2026, a total of 30,803 RSUs converted into Class A Common Stock at a $0.00 exercise price on a one-for-one basis. Following these direct transactions, Narang held 70,451 Class A shares directly, in addition to indirect holdings through entities such as Starlight 2026 Trust LLC, The Narang Family Trust, and Starlight 2026 Charitable Remainder Trust.

Toast, Inc. general counsel Brian R. Elworthy reported RSU vesting and a related tax sale of Class A Common Stock. On July 1, 2026, Restricted Stock Units converted into a total of 13,619 shares of Class A stock at a conversion price of $0.00 per share.

On July 2, 2026, 6,352 shares were sold at $28.849 per share to cover tax withholding obligations tied to this vesting, and the footnote states this was not a discretionary trade. After these transactions, he held 196,909 shares directly, plus 39,368 shares indirectly through the Brian R. Elworthy Irrevocable Trust of 2019.

Toast, Inc. President Stephen Fredette reported routine equity activity tied to vesting restricted stock units. On July 1, 2026, several tranches of Restricted Stock Units vested and converted into a total of 19,610 shares of Class A Common Stock at a conversion price of $0.00 per share, reflecting compensation rather than market purchases.

On July 2, 2026, he sold 9,146 Class A shares at an average price of $28.849 per share in an open-market transaction. A footnote states these shares were required to be sold to cover tax withholding obligations related to the RSU vesting, and do not represent a discretionary trade. Following these transactions, he holds 931,449 Class A shares directly, along with additional indirect holdings through the SHFA Family Trust (224,853 shares), the SHFA 2021 Nominee Trust (1,718,029 shares), and the Fredette Family Nominee Trust (66,896 shares).

Toast, Inc. President and CFO Elena Gomez reported routine equity compensation activity and related tax sales. On July 1, 2026, several blocks of Restricted Stock Units (RSUs) vested and converted into Class A Common Stock on a one-for-one basis, including 6,329, 4,716, 6,316 and 6,330 RSUs. A footnote explains that on July 2, 2026 she sold 11,605 shares at $28.849 per share solely to cover tax withholding obligations, rather than as a discretionary open-market trade. Following these transactions, she directly holds 185,150 Class A shares and 18,992 RSUs, with the RSUs scheduled to vest in sixteen equal quarterly installments starting April 1 of 2023, 2024, 2025 and 2026.

Toast, Inc. director Richard Kent Bennett reported equity compensation activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On June 12, 2026, 5,256 RSUs indirectly held for his benefit converted into 5,256 shares of Class A Common Stock at no cost upon vesting and settlement.

These shares, and any proceeds from their sale, have been contractually assigned to Deer Management Co. LLC (DMC) under an existing arrangement. The filing also shows a new grant of 8,888 RSUs, which will convert into an equal number of Class A shares upon future vesting, with the right to any resulting shares or proceeds likewise assigned to DMC. Separately, Bennett continues to hold 534,167 shares of Class A Common Stock directly.

Toast, Inc. director Susan Chapman-Hughes reported stock-based compensation and related conversions rather than open-market trading. On June 12, 2026, she received a grant of 8,888 Restricted Stock Units (RSUs), which each represent one future share of Class A Common Stock and are scheduled to vest in full on the earlier of June 12, 2027 or the next annual stockholder meeting following the grant date.

On the same date, 5,256 previously granted RSUs vested in full and converted into an equivalent number of Class A Common Stock units, and 5,256 Deferred Stock Units (DSUs) were credited under Toast’s Deferred Compensation Program, remaining payable after her service as a board member ends. Following these derivative transactions, the filing shows 14,968 stock-based units associated with her position, reflecting routine director equity compensation and deferred awards.

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.

Toast, Inc. director Patrick Deval L reported compensation-related equity activity involving the company’s Class A common stock. On June 12, 2026, he received a grant of 8,888 Restricted Stock Units (RSUs), which vest in full on the earlier of June 12, 2027 or the next annual stockholder meeting.

The filing also shows the exercise/conversion of 5,256 Deferred Stock Units (DSUs) and the exercise of 5,256 RSUs, each on a one-for-one basis into Class A common stock at a stated price of $0.00 per share. After these derivative transactions, there are no remaining derivative positions listed in this filing.

All three transactions are classified as acquisitions, with no open-market purchases or sales. This pattern reflects routine director compensation and the settlement of previously awarded stock-based units rather than discretionary trading in Toast shares.

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.

Toast, Inc. director Paul D. Bell reported equity compensation activity involving Class A Common Stock and Restricted Stock Units (RSUs). On June 12, 2026, a previously granted RSU award for 5,256 units vested in full and was converted into 5,256 shares of Class A Common Stock, bringing his directly held common stock to 232,148 shares.

On the same date, Bell received a new grant of 8,888 RSUs, each convertible into one share of Class A Common Stock upon future vesting and settlement. These RSUs are scheduled to vest in full on the earlier of June 12, 2027 or the next annual meeting of Toast’s stockholders following the grant date. The transactions are compensation-related awards and exercises rather than open-market purchases or sales.

Toast, Inc. director Anutthara Bharadwaj received a grant of 8,888 Restricted Stock Units as equity compensation. These RSUs convert into Class A Common Stock on a one-for-one basis when they vest and settle. All 8,888 RSUs vest in full on the earlier of June 12, 2027 or the next annual meeting of stockholders following the grant date, and are held directly after this award. This is a compensation-related grant, not an open-market purchase or sale.

Toast, Inc. General Counsel Brian R. Elworthy reported multiple transactions in Class A Common Stock. He exercised stock options to acquire 54,000 shares at $2.21 per share, then sold a total of 108,000 shares in open-market transactions at weighted average prices of $25.846 and $26.154 per share.

The sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026. After these transactions, he held 189,642 shares directly and 39,368 shares indirectly through the Brian R. Elworthy Irrevocable Trust of 2019, indicating a significant sale relative to his remaining direct holdings while retaining a substantial position.

Toast, Inc. director Patrick Deval L reported an open-market sale of Class A Common Stock. On January 9, 2025, he sold 1,667 shares at a price of $36.945 per share. After this transaction, he directly held 45,815 shares of Toast Class A Common Stock.

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported routine equity compensation activity involving restricted stock units and related tax withholding.

On April 1, 2026, RSUs converted into 13,163 shares of Class A Common Stock at $0.00 per share as part of scheduled vesting. The filing then shows a sale of 6,438 Class A shares at $26.187 on April 2, 2026, which the footnotes explain was required to cover tax withholding obligations from the RSU vesting and was not a discretionary trade. After these transactions, Vassil directly holds 146,618 Class A shares.

Toast, Inc. General Counsel Brian R. Elworthy reported RSU vesting and a related share sale. On April 1, 2026, several batches of Restricted Stock Units converted into Class A Common Stock at $0.00 per share as part of his equity compensation.

On April 2, 2026, he sold 3,664 shares of Class A Common Stock at $26.187 per share to cover tax withholding obligations tied to the RSU vesting, which the filing notes was not a discretionary trade. After these transactions, he directly holds 243,642 Class A shares and indirectly holds 39,368 shares through the Brian R. Elworthy Irrevocable Trust of 2019.

Toast, Inc. president Stephen Fredette reported routine equity compensation activity tied to restricted stock units. On April 1, 2026, RSUs covering a total of 15,207 shares of Class A Common Stock vested and were converted into shares at a $0.00 exercise price on a one-for-one basis.

On April 2, 2026, 7,289 shares of Class A Common Stock were sold at $26.187 per share to cover tax withholding obligations related to this RSU vesting, which the filing notes was not a discretionary trade. After these transactions, Fredette directly owned 920,985 shares of Class A Common Stock. The RSU awards are scheduled to vest in sixteen equal quarterly installments following April 1, 2023, April 1, 2024, and April 1, 2025.

Toast, Inc. President and CFO Elena Gomez reported routine equity compensation activity involving restricted stock units (RSUs) and related share sales for taxes. On April 1, 2026, RSUs converted into Class A Common Stock on a one-for-one basis upon vesting and settlement.

In connection with these RSU vestings, 8,929 shares of Class A Common Stock were sold at $26.187 per share to cover tax withholding obligations, which the filing states was not a discretionary trade. After these transactions, Gomez directly held 173,064 shares of Toast Class A Common Stock.

Toast, Inc. CEO Aman Narang reported routine equity compensation activity and a related tax share sale. On April 1, 2026, Restricted Stock Units converted into a total of 27,503 shares of Class A Common Stock at a $0 conversion price, reflecting scheduled vesting.

On April 2, 2026, Narang disposed of 13,463 shares of Class A Common Stock at an average price of $26.187 per share. A footnote explains these shares were required to be sold to cover tax withholding obligations tied to the RSU vesting, and do not represent a discretionary trade.

Following the transactions, Narang holds 54,013 shares directly, and additional indirect positions of 300,000 shares through the Starlight 2026 Charitable Remainder Trust, 200,000 shares through The Narang Family Trust, and 100,750 shares through Starlight 2026 Trust LLC.

Toast, Inc. CEO Aman Narang reported a mix of share conversions and gifts involving the company’s common stock. On March 11, 2026, he converted 300,000 shares of Class B Common Stock into 300,000 shares of Class A Common Stock on a one-for-one basis, a non-cash derivative conversion that left him holding 18,612,840 Class B shares directly.

On March 13, 2026, Narang made bona fide gift transfers totaling 1,201,500 shares of Class A Common Stock, described as being for estate planning purposes. These gifts came from both direct and indirect holdings, including transfers involving entities such as Starlight 2026 Trust LLC, Starlight 2026 Charitable Remainder Trust, and The Narang Family Trust, and reduced his directly held Class A position to 39,973 shares.

Toast, Inc. director Susan Chapman-Hughes completed an open-market sale of 8,500 shares of Class A common stock at $28.97 per share. After this transaction, she directly holds 14,530 Toast Class A shares.

Toast, Inc. reported that Principal Accounting Officer Rossana Niola received new equity awards on March 10, 2026. She was granted stock options covering 87,391 shares of Class A common stock at an exercise price of $28.90 per share, plus 52,839 restricted stock units.

The option award vests 12.5% on August 1, 2026, with the remaining shares vesting in fourteen equal quarterly installments. The RSUs also vest 12.5% on August 1, 2026, with the balance vesting in equal quarterly installments over the following three and a half years. These are compensation-related grants, not open-market purchases.

Toast, Inc. CEO Aman Narang received new equity awards consisting of stock options and restricted stock units tied to Class A common stock. He was granted options to buy 261,600 shares at an exercise price of $28.90 per share, plus 52,839 restricted stock units.

The option grant and RSUs were both reported as direct holdings. The options and RSUs each vest in sixteen equal quarterly installments following April 1, 2026, meaning the awards are designed to vest gradually over four years. Following these awards, Narang directly holds 340,723 shares of Class A common stock.

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.

Toast, Inc. General Counsel Brian R. Elworthy received new equity awards, consisting of stock options and restricted stock units tied to Class A common stock. He was granted options for 94,466 shares at an exercise price of $28.90 per share, expiring on March 10, 2036. These options vest in sixteen equal quarterly installments following April 1, 2026.

Elworthy also received 57,242 restricted stock units, which convert into Class A common stock on a one-for-one basis as they vest, also in sixteen equal quarterly installments following April 1, 2026. After these awards, he holds 237,261 Class A shares directly and 39,368 Class A shares indirectly through the Brian R. Elworthy Irrevocable Trust of 2019.

Toast, Inc. Chief Revenue Officer Jonathan Vassil received new equity awards in the form of stock options and restricted stock units. He was granted options covering 29,066 shares of Class A common stock at an exercise price of $28.90 per share, expiring on March 10, 2036. He also received 17,613 restricted stock units that will settle into an equal number of Class A shares upon vesting and settlement. Both the options and RSUs vest in sixteen equal quarterly installments following April 1, 2026. After these awards, his directly held Class A common stock position is reported at 139,893 shares.

Toast, Inc. President Stephen Fredette received new equity compensation awards. He was granted an option to buy 116,266 shares of Class A Common Stock at $28.90 per share, vesting in sixteen equal quarterly installments following April 1, 2026. He also received 70,452 Restricted Stock Units, which convert into Class A Common Stock on a one-for-one basis and vest in sixteen equal quarterly installments following the same date. Following these awards, he holds 913,067 Class A shares directly, along with additional indirect holdings through the Fredette Family Nominee Trust, the SHFA 2021 Nominee Trust, and the SHFA Family Trust.

Toast, Inc. Chief Revenue Officer Jonathan Vassil reported a sale of 1,454 shares of Class A Common Stock on February 3, 2026 at a price of $30.345 per share. The filing explains these shares were sold to cover tax withholding obligations related to the vesting and settlement of RSUs and do not represent a discretionary trade. Following this transaction, Vassil directly beneficially owns 139,893 Toast Class A shares.

Toast, Inc. CEO Aman Narang reported a small tax-related share sale. On February 3, 2026, he sold 1,648 shares of Class A common stock at $30.345 per share, specifically to cover tax withholding obligations from vesting RSUs, not as a discretionary trade.

After this transaction, he directly holds 340,723 Class A shares and also owns 18,912,840 shares of Class B common stock, each convertible into one Class A share.

Toast, Inc. officer Elena Gomez, who serves as President and CFO, reported a sale of 1,437 shares of Class A common stock on 02/03/2026 at a price of $30.345 per share. This sale was made to cover tax withholding obligations tied to the vesting and settlement of restricted stock units and was not a discretionary trade. Following this transaction, Gomez beneficially owned 164,629 shares of Toast Class A common stock directly.

Toast, Inc. director and president Stephen Fredette reported the automatic sale of 1,060 shares of Class A common stock on 02/03/2026 at $30.345 per share. The sale was made to cover tax withholding obligations from vesting and settlement of RSUs, so it was not a discretionary trade.

After this transaction, he directly owned 913,067 Class A shares and had additional indirect Class A holdings of 66,896 shares through the Fredette Family Nominee Trust, 1,718,029 shares through the SHFA 2021 Nominee Trust, and 224,853 shares through the SHFA Family Trust. He also owned 25,722,670 shares of Class B common stock, each convertible into one Class A share.

Toast, Inc.'s General Counsel, Brian R. Elworthy, reported a small automatic share sale linked to RSU vesting. On 02/03/2026, 648 shares of Class A Common Stock were sold at $30.345 per share to cover tax withholding obligations tied to restricted stock units, as disclosed in the footnote, and not as a discretionary trade.

After this transaction, Elworthy beneficially owned 237,261 Class A shares directly and 39,368 Class A shares indirectly through the Brian R. Elworthy Irrevocable Trust of 2019.

Toast, Inc. CEO Aman Narang reported an automatic share acquisition tied to vesting restricted stock units. On February 1, 2026, 3,521 restricted stock units converted into 3,521 shares of Class A common stock at a price of $0 per share under transaction code “M,” which indicates an RSU conversion rather than an open‑market trade.

After this transaction, Narang directly owns 342,371 shares of Class A common stock. The filing also notes that, as of the same date, he owns 18,912,840 shares of Class B common stock, each convertible at any time into one share of Class A common stock.

Toast, Inc. president and director Stephen Fredette reported an RSU vesting and share issuance. On February 1, 2026, 3,521 Restricted Stock Units converted into 3,521 shares of Class A common stock at an exercise price of $0, increasing his directly held Class A stake to 914,127 shares.

In addition to these directly owned shares, he is reported as having indirect Class A holdings of 66,896 shares through the Fredette Family Nominee Trust, 1,718,029 shares through the SHFA 2021 Nominee Trust, and 224,853 shares through the SHFA Family Trust. The filing also notes ownership of an aggregate 25,722,670 shares of Class B common stock, each convertible into one Class A share.

Toast, Inc. General Counsel Brian R. Elworthy reported the vesting and settlement of restricted stock units into Class A Common Stock. On February 1, 2026, 2,152 RSUs converted into 2,152 shares of Class A Common Stock at an exercise price of $0 per share.

After this transaction, Elworthy directly owned 237,909 shares of Class A Common Stock and indirectly held 39,368 shares through the Brian R. Elworthy Irrevocable Trust of 2019. The reported RSUs are part of an award scheduled to vest in sixteen equal quarterly installments beginning February 1, 2022.

Toast, Inc. executive Elena Gomez, President and CFO, reported the vesting and settlement of 3,913 Restricted Stock Units into 3,913 shares of Class A Common Stock on February 1, 2026. These RSUs convert to common stock on a one-for-one basis when they vest.

The RSUs are part of an equity award that vests in sixteen equal quarterly installments beginning February 1, 2022. After this transaction, Gomez directly holds 166,066 shares of Toast Class A Common Stock.