Christopher P. Comparato - 17 Mar 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman, as Attorney-in-Fact for Christopher P. Comparato
Issuer symbol
TOST
Transactions as of
17 Mar 2025
Net transactions value
$0
Form type
4
Filing time
19 Mar 2025, 16:40:17 UTC
Previous filing
04 Feb 2025
Next filing
21 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Gift $0 -40,000 -20% $0.000000 164,796 17 Mar 2025 Direct F1, F2
* 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 November 18, 2024.
F2 On March 17, 2025, the Reporting Person made a bona fide gift of 40,000 shares of the Issuer's Class A Common Stock with no payment in consideration.

Remarks:

As of the date of this Form 4, the Reporting Person also owns an aggregate of 8,968,280 shares of Class B common stock of the Issuer. Each Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.