The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. | The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. The RSUs vested in full on June 12, 2026.
Bennett Richard Kent
Director·Indirect · See Footnote
Exercise · Dispose
Restricted Stock Units
Shares-5.26K
Price$0.00
Total Value$0
Shares Owned After0
Transaction DateJun 12, 2026
Footnotes ▸
The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. | The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. The RSUs vested in full on June 12, 2026.
Bennett Richard Kent
Director·Indirect · See Footnotes
Grant · Acquire
Restricted Stock UnitsDerivative
Shares+8.89K
Price$0.00
Total Value$0
Shares Owned After8.89K
Transaction DateJun 12, 2026
Footnotes ▸
The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. | The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. The Reporting Person has agreed to assign to "DMC" the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. | Not Applicable. | The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. The Reporting Person has agreed to assign to "DMC" the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.
Bennett Richard Kent
Director·Direct
Class A Common Stock
Shares0
Price-
Total Value$0
Shares Owned After534.17K
Post-Transaction Holdings
Bennett Richard Kent
Security
Shares
Change
Class A Common Stock
539.42K
+5.26K (0.98%)
Restricted Stock Units
0
+3.63K (-100.00%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-06-12
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Toast, Inc. (TOST)
CIK: 0001650164
--- Reporting Owner ---
Name: Bennett Richard Kent
CIK: 0001860725
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-06-12 | Code: M (Exercise of derivative)
Shares: -5,256 | Price: $0.00
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: See Footnote
Footnotes:
[F1] The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
[F2] The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. The RSUs vested in full on June 12, 2026.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-06-12 | Code: M (Exercise of derivative)
Shares: +5,256 | Price: $0.00
Shares Owned After: 5,256 | Ownership: I (Indirect) | Nature: See Footnote
Footnotes:
[F1] The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
[F2] The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. The RSUs vested in full on June 12, 2026.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-06-12 | Code: A (Grant or award)
Shares: +8,888 | Price: $0.00
Shares Owned After: 8,888 | Ownership: I (Indirect) | Nature: See Footnotes
Footnotes:
[F1] The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
[F3] The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. The Reporting Person has agreed to assign to "DMC" the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.
[F4] Not Applicable.
[F3] The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. The Reporting Person has agreed to assign to "DMC" the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.
--- Holdings ---
[Holding #1]
Security: Class A Common Stock
Ownership: D (Direct)
--- Footnotes (Complete Index) ---
F1: The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2: The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof. The RSUs vested in full on June 12, 2026.
F3: The RSUs shall vest in full on the earlier of 1) June 12, 2027 and 2) the next annual meeting of the Issuer's stockholders following the grant date. The Reporting Person has agreed to assign to "DMC" the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.
F4: Not Applicable.
--- Signature ---
/s/ /s/ Augie Wilkinson, Attorney-in-Fact (2026-06-16)