Christopher P. Comparato - 14 May 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Reporting relationship: Director
Issuer ticker: TOST
Reported as of: 14 May 2025
Net transaction value: -$3,025,693
SEC form: 4
Accepted by SEC: 15 May 2025, 16:39:18 UTC
Prior SEC filing: 05 May 2025
Next SEC filing: 10 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Monica Kleinman, as Attorney-in-Fact for Christopher P. Comparato

Key filing fact

Christopher P. Comparato filed Form 4 for Toast, Inc. (TOST) on 15 May 2025.

Key facts

This page summarizes Christopher P. Comparato's Form 4 filing for Toast, Inc. (TOST).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 May 2025, 16:39.

Change

Previous filing in this sequence was filed on 05 May 2025.
Current net transaction value: -$3,025,693.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001868272 Primary reporting owner

Comparato Christopher P

Relationship: Director
Address: TOAST, INC., 333 SUMMER STREET, BOSTON
Signature: /s/ Monica Kleinman, as Attorney-in-Fact for Christopher P. Comparato
Signature date: 15 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TOST transaction

Class A Common Stock

Options Exercise

Transaction value: $106,400
Shares: +70,000
Change %: +37%
Price: $1.52
Shares after: 257,140
Date: 14 May 2025
Ownership: Direct
Footnotes: F1

TOST transaction

Class A Common Stock

Sale

Transaction value: $3,018,940
Shares: -67,491
Change %: -26%
Price: $44.73
Shares after: 189,649
Date: 14 May 2025
Ownership: Direct
Footnotes: F1, F2

TOST transaction

Class A Common Stock

Sale

Transaction value: $113,153
Shares: -2,509
Change %: -1.3%
Price: $45.10
Shares after: 187,140
Date: 14 May 2025
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TOST transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -70,000
Change %: -14%
Price: $0.000000
Shares after: 425,000
Date: 14 May 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 70,000
Exercise price: $1.52
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2024.

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.09 to $45.05, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

Footnote F3

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.09 to $45.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

Footnote F4

The shares subject to this option are fully vested and exercisable as of the date hereof.

SEC 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.