Toast Officer Jonathan Vassil Files Form 144 for $165K Share Sale

Executive Summary

On November 4, 2026, Jonathan Vassil, an Officer at Toast, Inc. (NYSE: TOST), filed Form 144 notifying the proposed sale of 4,600 shares of Class A Common Stock. The shares represent an aggregate market value of $165,620.00 at an estimated price of $36.00 per share.

Transaction Details

• Securities to be Sold: 4,600 Class A Common shares.
• Aggregate Market Value: $165,620.00.
• Acquisition Nature: Acquired via stock option exercise on November 4, 2026, from the issuer for cash.
• 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.

Past 3 Months Selling Activity

Mr. Vassil has executed multiple programmed sales between August and November 2026:

• 08/05/2026: 4,700 shares ($169,308.62)
• 08/11/2026: 13,797 shares ($496,858.55)
• 08/19/2026: 13,931 shares ($501,690.49)
• 08/21/2026: 85,280 shares ($3,099,095.08)
• 09/02/2026: 14,280 shares ($484,053.44)
• 10/02/2026: 13,465 shares ($399,767.04)
• 10/05/2026: 7,623 shares ($230,166.58)
• 11/02/2026: 14,280 shares ($481,223.15)

Market Significance

The trading significance is assessed as Low. The 4,600 shares represent a negligible fraction of Toast's 519,000,000 shares outstanding. The transaction is pre-scheduled under a Rule 10b5-1 trading arrangement and aligns with routine option exercises and share liquidations.