Form 4: Toast Inc. Director Sells Shares in Open Market Transaction

Susan Chapman-Hughes, a director at Toast Inc., sold 15,285 shares of Class A Common Stock at an average price of $42.114.

Summary

• Susan Chapman-Hughes, a director of Toast Inc., sold 15,285 shares of Class A Common Stock on November 20, 2024.
• The shares were sold at a weighted average price of $42.114.
• The sale was executed in multiple transactions with prices ranging from $42.11 to $42.135 per share.
• Following the transaction, Ms. Chapman-Hughes directly owns 30,530 shares of Toast Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a share sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of a director's share sale, which is common in publicly traded companies. It provides transparency into insider transactions.

Comparison to Industry Standards

• Director share sales are a common occurrence in publicly listed companies and are typically disclosed via SEC Form 4 filings.
• The transaction is within the normal range of insider trading activity and does not appear to be unusual compared to similar filings from other companies.

Stakeholder Impact

• The share sale may have a minor impact on the stock price, but it is unlikely to be significant given the relatively small volume of shares sold.

Key Dates

Keywords

Toast Inc, Director Sale, Class A Common Stock, SEC Form 4, Insider Trading, Share Transaction