Jonathan Vassil - 01 May 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Chief Revenue Officer
Signature: /s/ Xing Yan as Attorney-in-Fact for Jonathan Vassil
Issuer symbol: TOST
Transactions as of: 01 May 2025
Net transactions value: -$50,273
Form type: 4
Filing time: 05 May 2025, 16:37:45 UTC
Previous filing: 03 Apr 2025
Next filing: 13 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Vassil Jonathan	Chief Revenue Officer	TOAST, INC., 333 SUMMER STREET, BOSTON	/s/ Xing Yan as Attorney-in-Fact for Jonathan Vassil	05 May 2025	0002004790

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Options Exercise		+2,934	+5.5%		56,613	01 May 2025	Direct	F1
transaction	TOST	Class A Common Stock	Sale	$50,273	-1,393	-2.5%	$36.09	55,220	02 May 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TOST	Restricted Stock Units	Options Exercise	$0	-2,934	-25%	$0.000000	8,803	01 May 2025	Class A Common Stock	2,934		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2	Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.
F3	The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.