Toast CRO Jonathan Vassil sells $484k in stock By Investing.com

Jonathan Vassil, Chief Revenue Officer at Toast, Inc. (), sold shares of the company’s Class A Common Stock totaling $484,056 on September 2, 2026. The sales followed the exercise of stock options.

Mr. Vassil disposed of a total of 14,280 shares in two separate transactions. He sold 5,100 shares at prices ranging from $32.945 to $33.940 per share. Additionally, he sold 9,180 shares at prices ranging from $33.95 to $34.26 per share. All transactions were executed pursuant to a Rule 10b5-1 trading plan, which was adopted on March 13, 2026. The sales came as Toast shares trade at $33.95, with the stock showing a strong 15% gain over the past six months despite a 17% decline over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels, with InvestingPro Tips highlighting that 9 analysts have revised their earnings upwards for the upcoming period and net income is expected to grow this year. For deeper insights, investors can access Toast’s comprehensive Pro Research Report, one of 1,400+ available on the platform.

Prior to the sales, Mr. Vassil exercised options to acquire 14,280 shares of Class A Common Stock at an exercise price of $2.21 per share, for a total value of $31,558. These options were fully vested and exercisable.

Following these transactions, Mr. Vassil directly holds 69,966 shares of Class A Common Stock. He also indirectly holds 84,269 shares through The Jonathan S. Vassil Grantor Retained Annuity Trust #1. Mr. Vassil retains 285,871 stock options.

In other recent news, Toast Inc. reported its second-quarter results, which led to a positive response from analysts. DA Davidson increased its price target for Toast to $34 from $30, citing strong performance in Non-GAAP FinTech & Subscription gross profit and adjusted EBITDA, which exceeded their forecasts. Similarly, Truist Securities raised its price target to $39 from $33, maintaining a Buy rating based on the company’s location growth outlook. In contrast, BNP Paribas Exane downgraded Toast to Neutral from Outperform, expressing concerns over competition in the restaurant point-of-sale space, particularly from Square.

The company also announced an expanded integration with Google, introducing an AI-powered ordering feature through Google Maps, which allows diners to order directly from Toast restaurants using voice or text. This development highlights Toast’s ongoing efforts to leverage AI technology in its services. Meanwhile, Wolfe Research noted a shift in investor interest, with Toast previously being among the top names drawing attention. These recent developments reflect the dynamic landscape in which Toast operates, with varying analyst perspectives and technological advancements shaping its trajectory.

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