Christopher P. Comparato - Mar 17, 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman, as Attorney-in-Fact for Christopher P. Comparato
Stock symbol
TOST
Transactions as of
Mar 17, 2025
Transactions value $
$0
Form type
4
Date filed
3/19/2025, 04:40 PM
Previous filing
Feb 4, 2025
Next filing
Mar 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Gift $0 -40K -19.53% $0.00 165K Mar 17, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2024.
F2 On March 17, 2025, the Reporting Person made a bona fide gift of 40,000 shares of the Issuer's Class A Common Stock with no payment in consideration.

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.