Director Anutthara Bharadwaj of Toast, Inc. filed a Form 4 on October 27, 2026, reporting the vesting and settlement of 3,566 restricted stock units into Class A Common Stock on October 24, 2026.

Key Highlights

  • Reporting person: Anutthara Bharadwaj, listed as a Director of Toast, Inc. (NYSE:TOST)
  • Transaction date: October 24, 2026, coded as an "M" (conversion/exercise) transaction
  • Shares acquired: 3,566 shares of Class A Common Stock acquired at a price of $0, upon RSU vesting and settlement
  • Resulting direct ownership: 3,566 shares of Class A Common Stock held directly following the transaction
  • Remaining RSUs: 7,133 restricted stock units remain beneficially owned directly after the reported transaction
  • Vesting schedule: The RSUs vest in three equal annual installments beginning October 24, 2026, according to the filing

Toast Director Bharadwaj Reports RSU Settlement and Remaining Grant Details

According to the Form 4 filed with the SEC on October 27, 2026, Anutthara Bharadwaj, a Director at Toast, Inc. (NYSE:TOST), reported a single non-derivative transaction on October 24, 2026. The transaction involved the conversion of 3,566 restricted stock units into 3,566 shares of Class A Common Stock at a price of $0, reflecting the standard one-for-one settlement upon vesting. The filing notes that "Restricted Stock Units ('RSUs') convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."

Following the reported transaction, Bharadwaj directly holds 3,566 shares of Class A Common Stock. In Table II of the filing, which covers derivative securities, the reporting person shows 3,566 RSUs disposed of via the "M" code and 7,133 RSUs remaining as directly held derivative securities. The underlying security for all RSU positions is Class A Common Stock, with a conversion price listed as $0. The filing indicates the RSUs vest in three equal annual installments beginning on October 24, 2026.

The Form 4 was signed by Xing Yan as Attorney-in-Fact for Anutthara Bharadwaj and dated October 27, 2026. No amendment date is listed, indicating this is an original filing. The filing was submitted individually, with the box checked for "Form filed by One Reporting Person."

What Was Disclosed

Director Anutthara Bharadwaj reported the vesting of 3,566 Toast, Inc. RSUs into Class A Common Stock on October 24, 2026, at $0, resulting in direct ownership of 3,566 shares and 7,133 RSUs remaining.