Jonathan Vassil, Chief Revenue Officer at Toast, Inc. (NASDAQ:TOST), reported the sale of 11,170 shares of the company’s Class A Common Stock for a total value of $336,905, with prices ranging from $30.018 to $30.193 per share. These transactions, filed on July 15, 2026, occurred on July 13 and July 14, 2026, and were conducted under a Rule 10b5-1 trading plan adopted by Mr. Vassil on March 13, 2026.
The sales followed the exercise of stock options, through which Mr. Vassil acquired an equivalent number of Class A Common Stock shares.The insider transaction comes as Toast trades at $30.39, with InvestingPro analysis indicating the stock is undervalued relative to its Fair Value. According to InvestingPro data, the company maintains a “GREAT” financial health score of 3.19 and boasts a PEG ratio of just 0.26, suggesting attractive valuation relative to its growth prospects. The stock has gained 5% over the past week.
Specifically, on July 13, Mr. Vassil sold 9,170 shares of Class A Common Stock at a weighted average price of $30.193 per share. Individual sales within this block occurred at prices ranging from $30.00 to $30.52. On the same day, he acquired 9,170 shares by exercising stock options at a price of $2.21 per share.
The following day, July 14, Mr. Vassil sold an additional 2,000 shares of Class A Common Stock at a weighted average price of $30.018 per share, with individual sales ranging from $30.00 to $30.07. Concurrently, he acquired 2,000 shares through option exercises at $2.21 per share.
In total, Mr. Vassil acquired 11,170 shares of Class A Common Stock for a total of $24,685 through option exercises. The shares subject to these options were fully vested and exercisable.
Following these transactions, Jonathan Vassil directly holds 69,966 shares of Toast, Inc. Class A Common Stock. Additionally, he indirectly holds 84,269 shares through The Jonathan S. Vassil Grantor Retained Annuity Trust #1.For deeper insights into Toast’s valuation and growth trajectory, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.
In other recent news, Toast Inc. reported its first-quarter results, showing Non-GAAP FinTech & Subscription gross profit and adjusted EBITDA exceeding DA Davidson’s forecasts by 4% and 7%, respectively. Despite these positive results, DA Davidson has lowered its price target for Toast to $28 from $33, citing concerns over future guidance while maintaining a Neutral rating. Additionally, BMO Capital reiterated its Outperform rating on Toast, setting a price target of $35, and suggesting that the company’s memory chip cost pressures are cyclical rather than structural. In a significant development, Toast will join the S&P MidCap 400, replacing TopBuild Corp., which is being acquired by QXO Inc.
Moreover, Toast held its annual meeting of stockholders, where Kent Bennett, Susan Chapman-Hughes, and Mark Hawkins were elected as Class II directors for three-year terms. These events mark a period of notable activity and strategic adjustments for Toast.
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