Toast, Inc. — Director's Dealing 2026

Jan 5, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2026-01-01

Reporting Person: Fredette Stephen (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-01	Class A Common Stock	M	5697	—	Acquired	905961	Direct
2026-01-01	Class A Common Stock	M	5652	—	Acquired	911613	Direct
2026-01-01	Class A Common Stock	M	3859	—	Acquired	915472	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-01	Restricted Stock Units	$	M	5697	Disposed		Class A Common Stock (5697)	Direct
2026-01-01	Restricted Stock Units	$	M	5652	Disposed		Class A Common Stock (5652)	Direct
2026-01-01	Restricted Stock Units	$	M	3859	Disposed		Class A Common Stock (3859)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	66896	Indirect
Class A Common Stock	1718029	Indirect
Class A Common Stock	224853	Indirect

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 RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.

F3: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.

F4: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.