Stephen Fredette - 13 May 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Xing Yan as Attorney-in-Fact for Stephen Fredette
Issuer symbol
TOST
Transactions as of
13 May 2025
Net transactions value
$0
Form type
4
Filing time
15 May 2025, 16:39:52 UTC
Previous filing
13 May 2025
Next filing
02 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fredette Stephen President, Director TOAST, INC., 333 SUMMER STREET, BOSTON /s/ Xing Yan as Attorney-in-Fact for Stephen Fredette 15 May 2025 0001869038

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Gift $0 -65,314 -6.9% $0.000000 881,458 13 May 2025 Direct F1, F2
holding TOST Class A Common Stock 66,896 13 May 2025 By the Fredette Family Nominee Trust
holding TOST Class A Common Stock 1,718,029 13 May 2025 By the SHFA 2021 Nominee Trust
holding TOST Class A Common Stock 224,853 13 May 2025 By the SHFA Family Trust
* 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 December 4, 2024.
F2 On May 13, 2025, the Reporting Person made a bona fide gift of 65,314 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 25,722,670 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.