BHARADWAJ ANUTTHARA 4

What Happened

• Bharadwaj Anutthara, a director of Toast, Inc. (TOST), received an award of 8,888 restricted stock units (RSUs) on 2026-06-12. The grant price is listed as $0.00 (standard for RSU awards); no cash was paid. The RSUs convert into Class A Common Stock on a one-for-one basis upon vesting.

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (appears to be within the two-business-day reporting window).
• Award: 8,888 RSUs; grant price: $0.00.
• Vesting: RSUs vest in full on the earlier of (1) June 12, 2027 or (2) the next annual meeting of stockholders (per footnotes).
• Shares owned after transaction: Not stated in the filing.
• Other footnotes: F1—RSUs convert 1:1 to Class A shares; F2—vesting schedule above; F3—Not applicable.
• Transaction type: Award/Grant (derivative), not a purchase or sale.

Context

• RSU grants are a form of equity compensation and become shares only upon vesting and settlement; they do not represent an immediate cash purchase or sale. Such awards are common for directors and executives and should be interpreted as compensation, not a direct market bet.