FREDETTE STEPHEN (Co-President) sold 1.0% of their position (9.37K shares) of TOAST, INC. on the open market

Open‑market sale worth $275.0K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

FREDETTE STEPHEN

Filed: 10/5/2026ACC: 0001650164-26-000201

InsiderFREDETTE STEPHENCIK 1869038

→

IssuerTOAST, INC.CIK 1650164

DirectorOfficer· Co-President

Since Sep 2021

-9.37K

Net shares

Net seller

$275.0K

Total sold

Open market trades

0B · 1S

Total transactions

19.61K acquired · 28.98K disposed

Non-Derivative Transactions5

Class A Common Stock

Direct

M · Option Exercise

+5.70K

Price / share

—

Trade value

—

% of position

0.6%

10/1/2026

931.45K→937.15K

Class A Common Stock

Direct

M · Option Exercise

+5.65K

Price / share

—

Trade value

—

% of position

0.6%

10/1/2026

937.15K→942.80K

Class A Common Stock

Direct

M · Option Exercise

+3.86K

Price / share

—

Trade value

—

% of position

0.4%

10/1/2026

942.80K→946.66K

Class A Common Stock

Direct

M · Option Exercise

+4.40K

Price / share

—

Trade value

—

% of position

0.5%

10/1/2026

946.66K→951.06K

Class A Common Stock

Direct

S · Sale

−9.37K

Price / share

$29.35

Trade value

$274.99K

% of position

1.0%

10/2/2026

951.06K→941.69K

Total

Net shares

+10.24K

Net value

-$274.99K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	10/1/2026	M · Option Exercise	+5.70K	—	—	0.6%	931.45K	937.15K
Class A Common Stock Direct	10/1/2026	M · Option Exercise	+5.65K	—	—	0.6%	937.15K	942.80K
Class A Common Stock Direct	10/1/2026	M · Option Exercise	+3.86K	—	—	0.4%	942.80K	946.66K
Class A Common Stock Direct	10/1/2026	M · Option Exercise	+4.40K	—	—	0.5%	946.66K	951.06K
Class A Common Stock Direct	10/2/2026	S · Sale	−9.37K	$29.35	$274.99K	1.0%	951.06K	941.69K
Total			+10.24K		-$274.99K

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.70K shares

−5.70K

Strike price

Held after

11.39K

Exercisable

—

10/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.65K shares

−5.65K

Strike price

Held after

33.91K

Exercisable

—

10/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.86K shares

−3.86K

Strike price

Held after

38.59K

Exercisable

—

10/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

4.40K shares

−4.40K

Strike price

Held after

61.65K

Exercisable

—

10/1/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock5.70K shares	10/1/2026	M · Option Exercise	−5.70K	—	11.39K
Restricted Stock Units Direct	Class A Common Stock5.65K shares	10/1/2026	M · Option Exercise	−5.65K	—	33.91K
Restricted Stock Units Direct	Class A Common Stock3.86K shares	10/1/2026	M · Option Exercise	−3.86K	—	38.59K
Restricted Stock Units Direct	Class A Common Stock4.40K shares	10/1/2026	M · Option Exercise	−4.40K	—	61.65K

Non-Derivative Holdings (Post-Transaction)3

Class A Common Stock

Indirect

Shares owned66.90K

Class A Common Stock

Indirect

Shares owned1.72M

Class A Common Stock

Indirect

Shares owned224.85K

Total

2.01M indirect2.01M

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

Derivative Holdings (Post-Transaction)0

No derivative holdings reported