Toast (TOST) 4: Vassil Jonathan sold 4,787 shares of Class A Common Stock a… (Jan 6, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-01-05 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: Toast, Inc. (TOST) CIK: 0001650164 --- Reporting Owner --- Name: Vassil Jonathan CIK: 0002004790 Role: Officer (Chief Revenue Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-01-05 | Code: S (Open market sale) Shares: -4,787 | Price: $34.38 Total Value: $164,562.70 Shares Owned After: 79,802 | Ownership: D (Direct) Footnotes: [F1] Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person. [Transaction #2] Security: Class A Common Stock Date: 2026-01-05 | Code: M (Exercise of derivative) Shares: +58,610 | Price: $2.21 Total Value: $129,528.10 Shares Owned After: 138,412 | Ownership: D (Direct) Footnotes: [F2] This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025. --- Derivative Transactions --- [Transaction #1] Security: Stock Option (Right to Buy) Date: 2026-01-05 | Code: M (Exercise of derivative) Shares: -58,610 | Price: $0.00 Exercisable: N/A | Expires: 2030-04-21 Shares Owned After: 328,751 | Ownership: D (Direct) Footnotes: [F2] This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025. [F3] The shares subject to this option are fully vested and exercisable as of the date hereof. --- Footnotes (Complete Index) --- F1: Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person. F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025. F3: The shares subject to this option are fully vested and exercisable as of the date hereof. --- Signature --- /s/ /s/ Xing Yan as Attorney-in-Fact for Jonathan Vassil (2026-01-06)