Toast, Inc.: chief revenue officer Vassil Jonathan sold 7,623 shares

What happened Vassil Jonathan, chief revenue officer, exercised options or converted derivatives for 7,623 shares and acquired them at $2.21 per share for a total cost of $16,847. The same 7,623 shares were sold in open-market transactions at a weighted average price of $30.19 per share for total proceeds of $230,169. The filing also reports a derivative conversion line for 7,623 shares at $0.00.

Key details

• Transaction date: Oct 5, 2026. Exercise/acquisition price: $2.21 per share. Sale weighted average price: $30.19 per share; sale proceeds: $230,169.
• Sales were executed in multiple transactions at prices ranging from $30.00 to $30.68 (footnote F2).
• Shares owned after the transaction: not stated in the provided filing details.
• Footnotes: F1 notes the trades were effected under a Rule 10b5-1 trading plan adopted Mar 13, 2026. F2 gives the weighted average sale price and the price range of $30.00 to $30.68 and offers to provide a breakdown on request. F3 states the optioned shares were fully vested and exercisable as of the date of the filing.
• Report filed Oct 06, 2026; no late filing indicated in the provided details.

Why it may matter

• The filing shows an option exercise (derivative conversion) for 7,623 shares and the sale of the same number of shares on the same date.
• The transaction was reported as part of a Rule 10b5-1 trading plan and the options were fully vested.
  A filing does not show why the insider traded or why the company acted.