Form 4: Toast Director Hilarie Koplow-McAdams Granted 5,256 Restricted Stock Units

Hilarie Koplow-McAdams, a Director at Toast, Inc., was granted 5,256 Restricted Stock Units (RSUs) on June 13, 2025, as reported in a recent SEC Form 4 filing.

Summary

• Hilarie A. Koplow, a Director of Toast, Inc. (TOST), was the reporting person for this transaction.
• The transaction date was June 13, 2025.
• The security involved was Restricted Stock Units (RSUs), which convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
• A total of 5,256 RSUs were acquired by the reporting person.
• The RSUs were granted at a price of $0, which is typical for equity compensation grants.
• Following this transaction, Hilarie Koplow beneficially owns 5,256 RSUs directly.
• The RSUs are scheduled to vest in full on the earlier of June 13, 2026, or the next annual meeting of Toast's stockholders following the grant date.

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to a director is a positive event, aligning the director's interests with the long-term performance of the company and its shareholders. It represents standard equity compensation.

Positives

• The grant of Restricted Stock Units (RSUs) to a director aligns their interests with the long-term performance and shareholder value of Toast, Inc.

Future Outlook

The granted Restricted Stock Units are scheduled to vest on the earlier of June 13, 2026, or the next annual meeting of the Issuer's stockholders following the grant date.

Industry Context

This Form 4 filing details a routine equity compensation grant to a director, which is a common practice across industries to align management and board interests with shareholder value.

Related Party Transactions

• The grant of Restricted Stock Units to Hilarie A. Koplow, a Director of Toast, Inc., constitutes a related party transaction, which is a standard form of equity compensation for board members.

Stakeholder Impact

• Shareholders: The grant of Restricted Stock Units to a director aligns their interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.

Next Steps

• Vesting of the 5,256 Restricted Stock Units on the earlier of June 13, 2026, or the next annual meeting of Toast's stockholders following the grant date.

Key Dates

Keywords

Toast, TOST, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, SEC Form 4, Equity Compensation