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

Role
General Counsel
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Brian R. Elworthy
Stock symbol
TOST
Transactions as of
Jan 10, 2024
Transactions value $
-$1,977
Form type
4
Date filed
1/12/2024, 04:48 PM
Previous filing
Jan 4, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Sale -$1.98K -100 -0.03% $19.77 383K Jan 10, 2024 Direct F1
holding TOST Class A Common Stock 78.7K Jan 10, 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.