Toast CEO Aman Narang Sells 138,000 Shares for $4.9 Million Amid Stock's 24% Dip

Transaction summary

Transaction worth based connected SEC Form 4 weighted mean merchantability terms ($35.27); post-transaction worth based connected August 06, 2026, marketplace adjacent ($34.72).

Key questions

• What was the regulatory operation governing this liquidity event?
  The income were conducted pursuant to a Rule 10b5-1 trading program adopted by the Starlight 2026 Charitable Remainder Trust connected March 13, 2026, which allows for automated execution of trades to mitigate imaginable conflicts of interest.

• How is the CEO's remaining equity distributed crossed antithetic entities?
  Following this disposition, Narang retains 70,451 shares held directly, portion different 462,698 shares are held indirectly done the Starlight 2026 Charitable Remainder Trust, The Narang Family Trust, and Starlight 2026 Trust LLC.

• How does the execution terms comparison to the company's caller performance?
  Narang realized a weighted mean terms of $35.27 per stock successful this transaction, portion the banal has delivered a antagonistic instrumentality of 24% implicit the one-year play ending Aug. 6, 2026.

• What is the company's existent standard and fiscal profile?
  As of the Aug. 6, 2026 marketplace close, the steadfast has a marketplace capitalization of $20.1 cardinal and reported trailing twelve-month gross of $6.8 cardinal with a nett income of $486.0 million.

Company Overview

Company Snapshot

• Toast delivers a broad cloud-based integer exertion level specifically designed for the edifice sector, offering an extended merchandise suite that includes hardware solutions specified arsenic the Toast Point of Sale (POS) strategy and Toast Flex, which functions arsenic an on-counter bid and outgo terminal, server workstation, impermanent kiosk, room show system, and bid fulfillment device.

• The institution operates a subscription-based bundle concern exemplary supplemented by hardware income and ancillary services, generating recurring gross from edifice operators who trust connected Toast's integrated level for point-of-sale, outgo processing, inventory management, and operational efficiency.

• Toast chiefly serves autarkic and multi-unit edifice operators crossed the United States and Ireland, targeting establishments seeking broad integer translation solutions to streamline operations and heighten lawsuit engagement.