{
  "id": 13682645,
  "title": "Toast CRO Jonathan Vassil sells $230,168 of company stock",
  "url": "https://urgent.news/2026/10/11/toast-cro-jonathan-vassil-sells-230-168-of-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-11T08:46:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/toast-cro-jonathan-vassil-sells-230168-of-company-stock-93CH-4942538"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "Toast CRO Jonathan Vassil sold 7,623 shares for $230,168 on Oct 5, 2026.",
    "Shares purchased between $30-$30.68, stock rose 5% to $31.31.",
    "Vassil's sale followed Rule 10b5-1 plan since March 2026."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}