Toast CRO Jonathan Vassil sells $230,168 of company stock

Chief Revenue Officer Jonathan Vassil of Toast Inc. (TOST) sold 7,623 shares of the company's Class A common stock on October 5, 2026, for a total of $230,168. The shares were purchased at prices between $30 and $30.68, and the stock has since risen to $31.31, marking a 5% increase over the past week, despite a 12% decrease year-to-date.

This action followed the exercise of options to acquire shares at $2.21 per share, totaling $16,846. Both the option exercise and subsequent stock sale were carried out under a Rule 10b5-1 trading plan initiated by Mr. Vassil on March 13, 2026. Toast appears undervalued, with 9 analysts revising earnings upwards in recent revisions.

Mr. Vassil now holds 77,424 shares of Class A stock directly, 84,269 indirectly through a trust, and retains 271,591 stock options. Toast Inc. recently reported strong second-quarter results, leading to DA Davidson raising its price target to $34 and Truist Securities to $39, with BNP Paribas Exane downgrading the stock to Neutral.

Toast also announced an expanded integration with Google for AI-powered food ordering through Google Maps, and recent analyst interest highlights the company’s dynamic market position.