Rossana Niola, Principal Accounting Officer at Toast, Inc., filed a statement of changes in beneficial ownership on November 3, 2026, disclosing a restricted stock unit vesting transaction dated November 1, 2026.

Key Highlights

  • Reporting person: Rossana Niola, identified as Principal Accounting Officer of Toast, Inc.
  • Transaction: 3,302 restricted stock units (RSUs) vested and converted into Class A Common Stock on November 1, 2026, via transaction code M.
  • Conversion basis: RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement, according to the filing.
  • Resulting direct ownership: 7,608 shares of Class A Common Stock beneficially owned directly following the transaction.
  • Remaining RSUs: 42,933 RSUs remain beneficially owned directly after the reported transaction.
  • Vesting schedule: 12.5% of the RSU grant vested on August 1, 2026, with the remainder vesting in equal quarterly installments over the following three and a half years, per the filing.
  • Signing authority: The filing was signed by Xing Yan as Attorney-in-Fact for Rossana Niola on November 3, 2026.

Niola RSU Vesting Details for Toast Class A Common Stock

According to the filing, Rossana Niola, serving as Principal Accounting Officer of Toast, Inc. (NYSE:TOST), reported a vesting event in which 3,302 RSUs were acquired and simultaneously settled into an equal number of Class A Common Stock shares on November 1, 2026. The transaction was recorded under transaction code M, which the filing applies to conversions of derivative securities. The price of the derivative security at settlement was listed as $0, consistent with the standard RSU structure described in the filing's explanatory footnotes.

The filing notes that the RSU grant vests with 12.5% having been distributed on August 1, 2026, and the balance scheduled to vest in equal quarterly installments across the subsequent three and a half years. Toast, Inc. is a technology company focused on restaurant management software and payments, and equity awards of this type are part of standard compensation arrangements for officers. Following the November 1, 2026 vesting, Niola directly holds 7,608 shares of Class A Common Stock and retains 42,933 RSUs that have not yet vested or settled, as reported in the filing.

What Was Disclosed

The filing disclosed that Principal Accounting Officer Rossana Niola received 3,302 shares of Class A Common Stock through RSU vesting on November 1, 2026, and directly holds 7,608 shares and 42,933 remaining RSUs following the transaction.