Aman Narang executed the sale under a prearranged 10b5-1 plan, retaining over 533,000 shares indirectly and directly.
Toast Inc. CEO Aman Narang sold 138,052 shares for approximately $4.9 million, based on a weighted average price of $35.27. The transaction occurred under a Rule 10b5-1 trading plan adopted by the Starlight 2026 Charitable Remainder Trust on March 13, 2026, designed to automate trades and reduce conflicts of interest.
The stock closed at $34.72 on August 06, 2026, reflecting a 24% decline over the past year. Toast’s market capitalization stands at $20.1 billion, with trailing twelve-month revenue of $6.8 billion and net income of $486.0 million.
Following the sale, Narang retains 70,451 shares directly and 462,698 shares indirectly through trusts and LLCs. The company’s cloud-based digital platform continues to support restaurant operations amid market volatility.