FREDETTE STEPHEN (Co-President) exercised options at TOAST, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

FREDETTE STEPHEN

Filed: 1/5/2026ACC: 0001650164-26-000008

InsiderFREDETTE STEPHENCIK 1869038

→

IssuerTOAST, INC.CIK 1650164

DirectorOfficer· Co-President

Since Sep 2021

0.00

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

15.21K acquired · 15.21K disposed

Non-Derivative Transactions3

Class A Common Stock

Direct

M · Option Exercise

+5.70K

Price / share

—

Trade value

—

% of position

0.6%

1/1/2026

900.26K→905.96K

Class A Common Stock

Direct

M · Option Exercise

+5.65K

Price / share

—

Trade value

—

% of position

0.6%

1/1/2026

905.96K→911.61K

Class A Common Stock

Direct

M · Option Exercise

+3.86K

Price / share

—

Trade value

—

% of position

0.4%

1/1/2026

911.61K→915.47K

Total

Net shares

+15.21K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	1/1/2026	M · Option Exercise	+5.70K	—	—	0.6%	900.26K	905.96K
Class A Common Stock Direct	1/1/2026	M · Option Exercise	+5.65K	—	—	0.6%	905.96K	911.61K
Class A Common Stock Direct	1/1/2026	M · Option Exercise	+3.86K	—	—	0.4%	911.61K	915.47K
Total			+15.21K		$0.00

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.70K shares

−5.70K

Strike price

Held after

28.49K

Exercisable

—

1/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.65K shares

−5.65K

Strike price

Held after

50.86K

Exercisable

—

1/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.86K shares

−3.86K

Strike price

Held after

50.16K

Exercisable

—

1/1/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock5.70K shares	1/1/2026	M · Option Exercise	−5.70K	—	28.49K
Restricted Stock Units Direct	Class A Common Stock5.65K shares	1/1/2026	M · Option Exercise	−5.65K	—	50.86K
Restricted Stock Units Direct	Class A Common Stock3.86K shares	1/1/2026	M · Option Exercise	−3.86K	—	50.16K

Non-Derivative Holdings (Post-Transaction)3

Class A Common Stock

Indirect

Shares owned66.90K

Class A Common Stock

Indirect

Shares owned224.85K

Class A Common Stock

Indirect

Shares owned1.72M

Total

2.01M indirect2.01M

Security Title	Shares Owned	Ownership Type
Class A Common Stock	66.90K	Indirect
Class A Common Stock	224.85K	Indirect
Class A Common Stock	1.72M	Indirect
Total	2.01M	2.01M indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported