Toast CEO Aman Narang sold 138,052 shares for approximately $4.9 million, according to an SEC filing. The transaction was executed under a Rule 10b5-1 trading plan adopted by the Starlight 2026 Charitable Remainder Trust on March 13, 2026, and the weighted average sale price was $35.27 per share. Following the sale, Narang directly holds 70,451 shares and indirectly holds 462,698 shares through various trusts. Toast, a cloud-based restaurant management platform, has a market capitalization of $20.1 billion and trailing twelve-month revenue of $6.8 billion with net income of $486 million.
Toast IncCEO insider sale under pre-planned plan; no material impact on company fundamentals.
