Form 4: Toast GC Elworthy's RSU Conversion
Insider Transaction Report
Toast, Inc. General Counsel Brian R. Elworthy reported the conversion of 2,152 Restricted Stock Units into Class A Common Stock.
Summary
- Brian R. Elworthy, General Counsel of Toast, Inc., reported a transaction on August 1, 2025.
- The transaction involved the conversion of 2,152 Restricted Stock Units (RSUs) into Class A Common Stock on a one-for-one basis.
- Following this transaction, Mr. Elworthy directly beneficially owns 223,919 shares of Class A Common Stock.
- Additionally, 39,368 shares of Class A Common Stock are indirectly beneficially owned by the Brian R. Elworthy Irrevocable Trust of 2019.
- The RSUs vest in sixteen equal quarterly installments following February 1, 2022.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction (vesting and conversion of RSUs) and does not indicate any significant positive or negative sentiment about the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- No direct impact on customers, suppliers, or creditors. This is a routine equity compensation event for an executive, which is part of standard employee incentive programs for shareholders.
Key Dates
| Date | Description |
|---|---|
| February 1, 2022 | Start date for the sixteen equal quarterly vesting installments of Restricted Stock Units. |
| August 1, 2025 | Date of the reported transaction for the conversion of Restricted Stock Units. |
| August 4, 2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Toast Inc, TOST, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Brian R. Elworthy, General Counsel, Equity Compensation
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