Niola Rossana 4

What Happened Niola Rossana, Principal Accounting Officer at Toast, was granted two equity awards on March 10, 2026: 87,391 derivative shares (option award per footnote) and 52,839 Restricted Stock Units (RSUs). Both awards are reported at an acquisition price of $0.00 in the Form 4; no cash value or exercise proceeds are shown in the filing. This is a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
• Awards: 87,391 derivative/option-type shares (footnote F1) and 52,839 RSUs (footnotes F2–F3); total 140,230 awards.
• Price reported: $0.00 for both awards (no dollar consideration shown in filing).
• Vesting: For the option award, 12.5% vests on August 1, 2026, with the remainder vesting in 14 equal quarterly installments thereafter (F1). RSUs convert 1-for-1 to Class A common stock on vesting; 12.5% vests on August 1, 2026, with the remainder vesting in equal quarterly installments over the following 3.5 years (F2–F3).
• Shares owned after the transaction: not specified in the summary information provided.

Context These entries are compensation grants (awards/derivatives) governed by vesting schedules; they do not represent immediate purchases or sales. RSUs only become actual shares upon vesting/settlement, and the option-type awards will vest over time per the noted schedule.