Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRobert Izquierdo, The Motley FoolThu, August 6, 2026 at 3:23 AM GMT+2 4 min readRossana Niola, Principal Accounting Officer of Toast, Inc. (NYSE:TOST), sold 2,298 shares of Class A Common Stock on August 4, 2026, according to the SEC Form 4 filing.Transaction summaryMetricValueShares sold (directly held)2,298Transaction value~$76,900Post-transaction shares (directly held)4,306Post-transaction value$145,585.86Transaction value based on SEC Form 4 weighted average sale price ($33.45); post-transaction value based on August 04, 2026 market close ($33.81).Key questionsWhat were the specific circumstances surrounding this disposition?The transaction was a non-discretionary "sell-to-cover" event mandated by the company's equity incentive policy to manage tax liabilities. Such sales are standard procedure for executives receiving equity-based compensation and occur automatically upon the vesting of restricted stock units (RSUs).How much equity does the insider retain in the company?Rossana Niola maintains a direct stake of 4,306 shares, representing approximately 0.0007% of the total shares outstanding. This remaining position ensures continued alignment with shareholder interests despite the 35% reduction in direct holdings.What is the scale of Toast operations?Headquartered in Boston, the company employs 6,500 people and maintains a market cap of $19.6 billion as of the August 4, 2026 market close.Company OverviewMetricValueShare Price (as of market close 2026-08-04)$33.81Market Capitalization$19.6 billionRevenue (TTM)$6.8 billionNet Income (TTM)$486.0 millionCompany SnapshotToast delivers a comprehensive cloud-based digital technology platform specifically designed for the restaurant sector, offering an extensive product suite that includes hardware solutions such as the Toast Point of Sale (POS) system and Toast Flex, which functions as an on-counter order and payment terminal, server workstation, guest kiosk, kitchen display system, and order fulfillment device.The company generates revenue through a subscription-based software model combined with hardware sales, enabling restaurant operators to streamline operations, enhance customer engagement, and optimize financial management through its integrated platform.Toast serves restaurant businesses across the United States and Ireland, targeting establishments of varying sizes that require comprehensive digital solutions to manage point-of-sale operations, inventory, labor, and customer relationships.Toast, Inc. operates as a leading provider of cloud-based restaurant management technology. The company maintains significant scale with 6,500 employees and a market cap of $19.6 billion.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info