Brian R. Elworthy - 10 Jan 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Monica Kleinman as Attorney-in-Fact for Brian R. Elworthy
Issuer symbol
TOST
Transactions as of
10 Jan 2024
Net transactions value
-$1,976
Form type
4
Filing time
12 Jan 2024, 16:48:15 UTC
Previous filing
04 Jan 2024
Next filing
02 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Sale $1,976 -100 -0.03% $19.76 383,088 10 Jan 2024 Direct F1
holding TOST Class A Common Stock 78,736 10 Jan 2024 By the Brian R. Elworthy Irrevocable Trust of 2019
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 8, 2023.