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Filing Details

Accession Number:: 0000950170-25-084506
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-06-10 17:45:49
Reporting Period:: 2025-06-06

Filing Date:: 2025-06-10
Accepted Time:: 2025-06-10 17:45:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1650164	Toast Inc.	TOST	Services-Computer Processing & Data Preparation (7374)	454168768

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1860725	Kent Richard Bennett	Toast, Inc. 333 Summer Street Boston MA 02210		No	No	No	No

Transaction Summary

Sold:	9,712 shares	Avg. Price: $43.14	Total Value: $418,975.68
Number of Shares After Transactions:	534,167 shares

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2025-06-06	0	$0.00	0	No	4	S	Indirect	See footnotes
Class A Common Stock	Disposition	2025-06-10	9,712	$43.14	534,167	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Direct

Footnotes

On June 6, 2025, Bessemer Venture Partners IX L.P. ("BVP IX") and Bessemer Venture Partners IX Institutional L.P. (BVP IX Inst" and together with BVP IX, the "BVP IX Funds") sold 28,526 and 35,607 shares of Class A Common Stock of Toast, Inc., respectively, at a weighted average price of $43.77. These shares were sold in multiple transactions at prices ranging from $43.65 to $43.88. 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 the ranges set forth in this footnote.
The Reporting Person is a partner at Bessemer Venture Partners and has an indirect, passive economic interest in the shares held by the Bessemer IX Funds by virtue of his interest in (1) Deer IX & Co. L.P., the general partner of the Bessemer IX Funds and (2) certain other indirect limited partnership interests in certain of the BVP IX Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Bessemer IX Funds, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect interest in the Bessemer IX Fund. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
Includes 9,712 Class A Common Stock received by the Reporting Person related to equity grants issued by the Company. The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC"). the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.