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Toast, Inc.·4

Feb 4, 4:34 PM ET

Elworthy Brian R 4

Research Summary

AI-generated summary

Updated

Toast (TOST) General Counsel Brian R. Elworthy Sells 648 Shares

What Happened
Brian R. Elworthy, General Counsel of Toast, sold 648 shares of Toast common stock on February 3, 2026 at $30.34 per share, generating proceeds of $19,664. The sale is reported as a disposal and is not a purchase signal.

Key Details

  • Transaction date: 2026-02-03; Price: $30.34 per share; Shares sold: 648; Proceeds: $19,664.
  • Transaction code: S (sale) — reported as an open market or private sale.
  • Footnote: F1 — the shares were sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs; this was not a discretionary trade.
  • Shares owned after the transaction: not provided in the supplied filing.
  • Filing date: 2026-02-04 (filed the day after the transaction), indicating a timely Form 4.

Context
Sales to cover tax withholding for vested RSUs are routine and generally reflect tax obligations rather than a judgment about the company’s prospects. The transaction size here (~$19.7K) is relatively small and should be interpreted accordingly.