Toast, Inc. Officer Files Form 144 Notice for $481K Share Sale

Overview

On November 2, 2026, Jonathan Vassil, an Officer of Toast, Inc. ($TOST), filed Form 144 indicating an intent to sell 14,280 shares of Class A Common Stock with an estimated aggregate market value of $481,223.16 through Fidelity Brokerage Services LLC.

Transaction Highlights

• Securities to be Sold: 14,280 Class A shares.
• Aggregate Market Value: $481,223.16 (implying ~$33.70 per share).
• Acquisition Details: The shares are being acquired on the same date (November 2, 2026) via cash exercise of stock options from the issuer.
• Rule 10b5-1 Plan: The proposed sale is executed pursuant to a pre-arranged trading plan adopted on March 13, 2026.
• Recent Prior Activity: The reporting person has conducted regular, scheduled sales over the preceding three months totaling over 167,000 shares.

Trading Significance

The trading significance is assessed as Low. The proposed sale represents option exercises sold under a pre-established Rule 10b5-1 trading plan adopted in March 2026, which is customary compensation monetization and does not typically signal discretionary sentiment shifts.