Vassil Jonathan sold $484K of TOST
Vassil Jonathan (Chief Revenue Officer) sold 14,280 shares of Toast, Inc. (TOST) at an average of $33.90 ($33.54–$34.10, $0.48M total) across 2 trades on 2026-09-02 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
Insider sales are monitored for signals; a CRO selling $0.5M may be viewed as a mild negative indicator.
Market read
The filing provides fresh, primary data on insider activity, but the modest size limits trading relevance.
What to watch
Potential upcoming earnings or strategic announcements that may offset the sale's effect.
Background
SEC Form 4 filing discloses insider transactions for public companies.
Ticker impact
Chief Revenue Officer sold 14,280 shares for $484,056, reducing his stake to 69,966 shares.
Modest short-term dip, likely within 1-2% range.
Sale size is modest relative to float, but CRO exits can be viewed negatively by investors.
Market effects
Minimal impact on the broader restaurant technology sector.
Limited to US markets where Toast trades.
Low
Counterpoint
The sale could be a routine 10b5-1 execution unrelated to company outlook.
Key entities
- CompanyToast, Inc.
US-listed restaurant technology platform (NASDAQ: TOST).
- IndividualVassil Jonathan
Chief Revenue Officer of Toast, executing a 10b5-1 sale.



