Toast Officer Files Form 144 Notice for $199.9K Share Sale

Form 144 Filing Overview: Toast, Inc. ($TOST)

Summary of Proposed Transaction

On October 2, 2026, Jonathan Vassil, an Officer at Toast, Inc., filed a Form 144 notice disclosing the intention to sell 6,657 shares of Class A Common Stock with an aggregate market value of approximately $199,925.50, representing an implied per-share price of $30.03.

Acquisition Details & Rule 10b5-1 Plan

• Acquisition Method: The shares were acquired through a stock option exercise on October 2, 2026, with cash payment to the issuer.
• Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026.
• Broker: Fidelity Brokerage Services LLC.

Prior 3-Month Trading Activity

Jonathan Vassil has had continuous planned sales over the previous three months under his trading schedule:

• July 2026: 20,967 shares sold across 4 dates for ~$623K gross proceeds.
• August 2026: 118,257 shares sold across 4 dates for ~$4.24M gross proceeds (including a large single block of 85,280 shares on 08/21/2026).
• September 2026: 14,280 shares sold on 09/02/2026 for ~$484K gross proceeds.

Trading Significance

The proposed transaction is rated Low significance. The filing reflects an ongoing, pre-established Rule 10b5-1 option exercise and sell program, and the transaction size ($199.9K) is minor relative to Toast's overall market capitalization and trading volume.