Fredette Stephen's Form 4 filing
Toast, Inc. (TOST) · filed Mar 21, 2025
- Accession no.
- 0001650164-25-000111
- Filed
- Mar 21, 2025
- Trade date
- Mar 19-20, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions. Open-market sales total $3.86M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Fredette StephenCIK 0001869038 | Director, Officer (President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 19, 2025 | Class A Common Stock | SSaleDisposed | −44,056 | $35.15F2 | −$1,548,568.4 | 1,447,717 | Direct | |
| Mar 19, 2025 | Class A Common Stock | SSaleDisposed | −49,865 | $35.14F3 | −$1,752,256.1 | 2,121,451 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | SSaleDisposed | −15,792 | $35.14F3 | −$554,930.88 | 359,327 | Indirect | |
| Mar 20, 2025 | Class A Common Stock | GGiftDisposed | −45,585 | $0.00F4 | $0 | 1,402,132 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F3
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.
Referenced by the price of 2 transactions in Table I.
- F4
On March 20, 2025, the Reporting Person made a bona fide gift of 45,585 shares of the Issuer's Class A Common Stock with no payment in consideration.
Referenced by the price of 1 transaction in Table I.
Remarks
As of the date of this Form 4, the Reporting Person also owns an aggregate of 25,722,670 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.