Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TOST | Class A Common Stock | Sale | -$10.5K | -300 | -0.02% | $35.00 | 1.54M | Mar 12, 2025 | Direct | F1 |
transaction | TOST | Class A Common Stock | Sale | -$14K | -400 | -0.02% | $35.00 | 2.22M | Mar 12, 2025 | By the SHFA 2021 Nominee Trust | F1 |
transaction | TOST | Class A Common Stock | Sale | -$3.5K | -100 | -0.03% | $35.00 | 394K | Mar 12, 2025 | By the SHFA Family Trust | F1 |
holding | TOST | Class A Common Stock | 66.9K | Mar 12, 2025 | By the Fredette Family Nominee Trust |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2024. |
As of the date of this Form 4, the Reporting Person also owns an aggregate of 25,722,670 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.