Aman Narang - 01 Oct 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
CEO, Director
Signature
/s/ Xing Yan as Attorney-in-Fact for Aman Narang
Issuer symbol
TOST
Transactions as of
01 Oct 2025
Net transactions value
-$485,520
Form type
4
Filing time
03 Oct 2025, 16:50:35 UTC
Previous filing
19 Aug 2025
Next filing
04 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Narang Aman CEO, Director TOAST, INC., 333 SUMMER STREET, BOSTON /s/ Xing Yan as Attorney-in-Fact for Aman Narang 03 Oct 2025 0001869139

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +6,331 +2.1% 310,631 01 Oct 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +12,597 +4.1% 323,228 01 Oct 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +8,574 +2.7% 331,802 01 Oct 2025 Direct F1
transaction TOST Class A Common Stock Sale $485,520 -13,652 -4.1% $35.56 318,150 02 Oct 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 -6,331 -14% $0.000000 37,983 01 Oct 2025 Class A Common Stock 6,331 Direct F1, F3
transaction TOST Restricted Stock Units Options Exercise $0 -12,597 -9.1% $0.000000 125,974 01 Oct 2025 Class A Common Stock 12,597 Direct F1, F4
transaction TOST Restricted Stock Units Options Exercise $0 -8,574 -6.7% $0.000000 120,041 01 Oct 2025 Class A Common Stock 8,574 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.

Remarks:

As of the date of this Form 4, the Reporting Person also owns 18,912,840 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.