Toast (TOST) Principal Accounting Officer Niola Rossana Sells 2,298 Shares

What Happened
Niola Rossana, Principal Accounting Officer of Toast (TOST), disposed of 2,298 shares in a sale reported on the Form 4. The shares were sold at $33.45 per share for a total of about $76,859. The filing notes this sale represents shares required to be sold to cover tax withholding on vested RSUs and was not a discretionary trade.

Key Details

• Transaction date: 2026-08-04 (reported on Form 4 filed 2026-08-05)
• Type: Sale (open market or private sale) — 2,298 shares at $33.45 each = $76,859
• Footnote: F1 — sale required to cover tax withholding for RSU vesting; not a discretionary trade
• Shares owned after transaction: not disclosed in the information provided in this summary
• Filing timeliness: filed the day after the reported transaction (within standard Form 4 timing)

Context
This was a mandatory sale to satisfy tax withholding on settled RSUs rather than a voluntary sale aimed at realizing investment gains. Such withholding sales are common for executives when equity awards vest and generally do not by themselves indicate a change in the insider’s view of the company.