Toast Chief Revenue Officer Jonathan Vassil Sells 11,170 Shares -- Should Investors Sell Too?
Vassil exercised options at $2.21 and sold immediately at $30.16 per share under a pre-established trading plan. He retains 154,235 shares worth $4.6 million.
Overview
Jonathan Vassil, Chief Revenue Officer of Toast, Inc. (NYSE:TOST), sold 11,170 shares of Class A Common Stock on July 13 and July 14, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($30.16); post-transaction value based on July 14, 2026, market close ($30.00).
Details
Toast, Inc. is a leading provider of cloud-based digital infrastructure solutions for the restaurant industry, with a market capitalization of $17.4 billion, TTM revenues of $6.4 billion, and TTM net income of $412.0 million. The company maintains operational scale with 6,500 employees. It leverages its integrated platform architecture, combining point-of-sale hardware, payment processing, and software services, to create significant switching costs and customer stickiness in a fragmented yet growing market. Toast's competitive positioning is reinforced by its vertical specialization in the restaurant sector, enabling deep product-market fit and the ability to capture multiple revenue streams across hardware, software subscriptions, and payment processing services.
Source
Originally published at www.fool.com.