Brian R. Elworthy - 01 Oct 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
General Counsel
Signature
/s/ Xing Yan as Attorney-in-Fact for Brian R. Elworthy
Issuer symbol
TOST
Transactions as of
01 Oct 2025
Transactions value $
-$177,358
Form type
4
Filing time
03 Oct 2025, 16:49:55 UTC
Previous filing
06 Aug 2025
Next filing
04 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Elworthy Brian R General Counsel TOAST, INC., 333 SUMMER STREET, BOSTON /s/ Xing Yan as Attorney-in-Fact for Brian R. Elworthy 03 Oct 2025 0001869299

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +3.48K +1.56% 226K 01 Oct 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +3.99K +1.76% 230K 01 Oct 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +2.57K +1.12% 233K 01 Oct 2025 Direct F1
transaction TOST Class A Common Stock Sale -$177K -4.99K -2.14% $35.56 228K 02 Oct 2025 Direct F2
holding TOST Class A Common Stock 39.4K 01 Oct 2025 By the Brian R. Elworthy Irrevocable Trust of 2019

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 -3.48K -14.29% $0.00 20.9K 01 Oct 2025 Class A Common Stock 3.48K Direct F1, F3
transaction TOST Restricted Stock Units Options Exercise $0 -3.99K -9.09% $0.00 39.9K 01 Oct 2025 Class A Common Stock 3.99K Direct F1, F4
transaction TOST Restricted Stock Units Options Exercise $0 -2.57K -6.67% $0.00 36K 01 Oct 2025 Class A Common Stock 2.57K Direct F1, F5
* 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 April 1, 2023.
F4 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
F5 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.