AGÕæÈ˹ٷ½

STOCK TITAN

[8-K] Toast, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Cushman & Wakefield plc (CWK) Form 4: Non-employee director Timothy H. Wennes was granted 11,873 restricted stock units (RSUs) on 01-Aug-2025 under the company’s 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan. Each RSU converts 1-for-1 into ordinary shares.

The RSUs carry a $0 exercise price and will vest and settle on the first anniversary of the grant date, provided Wennes remains on the board. After this transaction he holds 11,873 derivative securities; no open-market purchase or sale occurred, so cash outlay and immediate dilution are zero.

The filing reflects routine director compensation intended to align board and shareholder interests. Because it does not represent a discretionary insider buy or material share issuance, the near-term market impact is considered neutral.

Cushman & Wakefield plc (CWK) Modulo 4: Il direttore non dipendente Timothy H. Wennes ha ricevuto 11.873 unità azionarie vincolate (RSU) il 01 agosto 2025 nell'ambito del Piano Incentivi Azionari e in Contanti per Direttori Non Dipendenti Omnibus 2018 della società. Ogni RSU si converte in un'azione ordinaria con rapporto 1:1.

Le RSU hanno un prezzo di esercizio di 0 $ e si maturano e liquidano al primo anniversario della data di assegnazione, a condizione che Wennes rimanga nel consiglio di amministrazione. Dopo questa operazione detiene 11.873 titoli derivati; non si sono verificati acquisti o vendite sul mercato aperto, quindi la spesa in contanti e la diluizione immediata sono pari a zero.

La comunicazione riflette la normale retribuzione dei direttori volta a allineare gli interessi del consiglio e degli azionisti. Poiché non rappresenta un acquisto discrezionale da parte di un insider né un'emissione significativa di azioni, l'impatto sul mercato a breve termine è considerato neutro.

Cushman & Wakefield plc (CWK) Formulario 4: El director no ejecutivo Timothy H. Wennes recibió 11,873 unidades de acciones restringidas (RSU) el 01 de agosto de 2025 bajo el Plan de Incentivos en Acciones y Efectivo para Directores No Ejecutivos Omnibus 2018 de la compañía. Cada RSU se convierte 1 a 1 en acciones ordinarias.

Las RSU tienen un precio de ejercicio de $0 y se consolidarán y liquidarán en el primer aniversario de la fecha de concesión, siempre que Wennes permanezca en la junta. Tras esta transacción posee 11,873 valores derivados; no hubo compra o venta en el mercado abierto, por lo que el desembolso en efectivo y la dilución inmediata son cero.

La presentación refleja la compensación rutinaria de directores destinada a alinear los intereses del consejo y los accionistas. Dado que no representa una compra discrecional de un insider ni una emisión material de acciones, el impacto en el mercado a corto plazo se considera neutral.

Cushman & Wakefield plc (CWK) Form 4: 비임ì›� ì´ì‚¬ Timothy H. WennesëŠ� 2025ë…� 8ì›� 1ì� 회사ì� 2018ë…� 종합 비임ì›� ì´ì‚¬ ì£¼ì‹ ë°� 현금 ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 11,873ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 부여받았습니다. ê°� ¸é³§±«µç� 1대1ë¡� 보통주로 전환ë©ë‹ˆë‹�.

¸é³§±«µç� í–‰ì‚¬ê°€ê²©ì´ $0ì´ë©°, Wennesê°€ ì´ì‚¬íšŒì— 남아 있는 경우 부여ì¼ë¡œë¶€í„� 1주년ì¼ì— 권리가 확정ë˜ê³  ì •ì‚°ë©ë‹ˆë‹�. ì� 거래 í›� 그는 11,873ê°œì˜ íŒŒìƒ ì¦ê¶Œì� 보유하게 ë˜ë©°, 공개 시장ì—서ì� 매매ëŠ� 없었으므ë¡� 현금 지출과 즉ê°ì ì¸ í¬ì„ 효과ëŠ� 없습니다.

ì� ì‹ ê³ ëŠ� ì´ì‚¬íšŒì™€ 주주ì� ì´í•´ê´€ê³„를 ì¼ì¹˜ì‹œí‚¤ê¸� 위한 정기ì ì¸ ì´ì‚¬ ë³´ìƒì� ë°˜ì˜í•©ë‹ˆë‹�. ì´ëŠ” ìž„ì˜ì� ë‚´ë¶€ìž� 매수ë‚� 중요í•� ì£¼ì‹ ë°œí–‰ì� ì˜ë¯¸í•˜ì§€ 않으므ë¡� 단기 시장 ì˜í–¥ì€ 중립ì �으로 간주ë©ë‹ˆë‹�.

Cushman & Wakefield plc (CWK) Formulaire 4 : Le directeur non salarié Timothy H. Wennes s’est vu attribuer 11 873 unités d’actions restreintes (RSU) le 1er août 2025 dans le cadre du Plan Omnibus d’Actions et d’Incitations en Espèces pour Directeurs Non Salariés de 2018 de la société. Chaque RSU se convertit en une action ordinaire à raison de 1 pour 1.

Les RSU ont un prix d’exercice de 0 $ et seront acquises et réglées à la date du premier anniversaire de l’attribution, à condition que Wennes reste au conseil d’administration. Après cette opération, il détient 11 873 titres dérivés ; aucune transaction sur le marché ouvert n’a eu lieu, donc la dépense en espèces et la dilution immédiate sont nulles.

Le dépôt reflète une rémunération habituelle des administrateurs visant à aligner les intérêts du conseil et des actionnaires. Comme il ne s’agit ni d’un achat discrétionnaire d’initié ni d’une émission significative d’actions, l’impact à court terme sur le marché est considéré comme neutre.

Cushman & Wakefield plc (CWK) Formular 4: Der nicht geschäftsführende Direktor Timothy H. Wennes erhielt am 01. August 2025 11.873 Restricted Stock Units (RSUs) im Rahmen des Omnibus Non-Employee Director Share and Cash Incentive Plans 2018 des Unternehmens. Jede RSU wandelt sich 1:1 in Stammaktien um.

Die RSUs haben einen Ausübungspreis von 0 $ und werden am ersten Jahrestag des Gewährungsdatums fällig und ausgezahlt, vorausgesetzt Wennes bleibt im Vorstand. Nach dieser Transaktion hält er 11.873 derivative Wertpapiere; es gab keinen Kauf oder Verkauf am offenen Markt, sodass kein Barausgabeaufwand und keine sofortige Verwässerung entstanden sind.

Die Meldung spiegelt die routinemäßige Vergütung von Direktoren wider, die darauf abzielt, die Interessen von Vorstand und Aktionären in Einklang zu bringen. Da es sich nicht um einen diskretionären Insider-Kauf oder eine wesentliche Aktienausgabe handelt, wird die kurzfristige Marktreaktion als neutral eingestuft.

Positive
  • 11,873 RSUs granted to a board member, modestly increasing potential insider ownership.
  • One-year vesting encourages director retention and long-term alignment with shareholders.
Negative
  • Grant is not a cash purchase; therefore it lacks the confidence signal of insider buying and has no immediate capital inflow to the company.

Insights

TL;DR: Routine RSU grant; aligns incentives, minimal investor impact.

The Form 4 shows Cushman & Wakefield awarding 11,873 RSUs to director Timothy H. Wennes. The award vests in 12 months, reinforcing board retention and share-price alignment. No cash changed hands and shares are not issued until vesting, so dilution is negligible against the company’s large float. Such scheduled grants are standard practice and do not carry the bullish signal of an open-market purchase. Accordingly, the disclosure is governance-neutral and unlikely to influence valuation or trading volumes.

Cushman & Wakefield plc (CWK) Modulo 4: Il direttore non dipendente Timothy H. Wennes ha ricevuto 11.873 unità azionarie vincolate (RSU) il 01 agosto 2025 nell'ambito del Piano Incentivi Azionari e in Contanti per Direttori Non Dipendenti Omnibus 2018 della società. Ogni RSU si converte in un'azione ordinaria con rapporto 1:1.

Le RSU hanno un prezzo di esercizio di 0 $ e si maturano e liquidano al primo anniversario della data di assegnazione, a condizione che Wennes rimanga nel consiglio di amministrazione. Dopo questa operazione detiene 11.873 titoli derivati; non si sono verificati acquisti o vendite sul mercato aperto, quindi la spesa in contanti e la diluizione immediata sono pari a zero.

La comunicazione riflette la normale retribuzione dei direttori volta a allineare gli interessi del consiglio e degli azionisti. Poiché non rappresenta un acquisto discrezionale da parte di un insider né un'emissione significativa di azioni, l'impatto sul mercato a breve termine è considerato neutro.

Cushman & Wakefield plc (CWK) Formulario 4: El director no ejecutivo Timothy H. Wennes recibió 11,873 unidades de acciones restringidas (RSU) el 01 de agosto de 2025 bajo el Plan de Incentivos en Acciones y Efectivo para Directores No Ejecutivos Omnibus 2018 de la compañía. Cada RSU se convierte 1 a 1 en acciones ordinarias.

Las RSU tienen un precio de ejercicio de $0 y se consolidarán y liquidarán en el primer aniversario de la fecha de concesión, siempre que Wennes permanezca en la junta. Tras esta transacción posee 11,873 valores derivados; no hubo compra o venta en el mercado abierto, por lo que el desembolso en efectivo y la dilución inmediata son cero.

La presentación refleja la compensación rutinaria de directores destinada a alinear los intereses del consejo y los accionistas. Dado que no representa una compra discrecional de un insider ni una emisión material de acciones, el impacto en el mercado a corto plazo se considera neutral.

Cushman & Wakefield plc (CWK) Form 4: 비임ì›� ì´ì‚¬ Timothy H. WennesëŠ� 2025ë…� 8ì›� 1ì� 회사ì� 2018ë…� 종합 비임ì›� ì´ì‚¬ ì£¼ì‹ ë°� 현금 ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 11,873ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 부여받았습니다. ê°� ¸é³§±«µç� 1대1ë¡� 보통주로 전환ë©ë‹ˆë‹�.

¸é³§±«µç� í–‰ì‚¬ê°€ê²©ì´ $0ì´ë©°, Wennesê°€ ì´ì‚¬íšŒì— 남아 있는 경우 부여ì¼ë¡œë¶€í„� 1주년ì¼ì— 권리가 확정ë˜ê³  ì •ì‚°ë©ë‹ˆë‹�. ì� 거래 í›� 그는 11,873ê°œì˜ íŒŒìƒ ì¦ê¶Œì� 보유하게 ë˜ë©°, 공개 시장ì—서ì� 매매ëŠ� 없었으므ë¡� 현금 지출과 즉ê°ì ì¸ í¬ì„ 효과ëŠ� 없습니다.

ì� ì‹ ê³ ëŠ� ì´ì‚¬íšŒì™€ 주주ì� ì´í•´ê´€ê³„를 ì¼ì¹˜ì‹œí‚¤ê¸� 위한 정기ì ì¸ ì´ì‚¬ ë³´ìƒì� ë°˜ì˜í•©ë‹ˆë‹�. ì´ëŠ” ìž„ì˜ì� ë‚´ë¶€ìž� 매수ë‚� 중요í•� ì£¼ì‹ ë°œí–‰ì� ì˜ë¯¸í•˜ì§€ 않으므ë¡� 단기 시장 ì˜í–¥ì€ 중립ì �으로 간주ë©ë‹ˆë‹�.

Cushman & Wakefield plc (CWK) Formulaire 4 : Le directeur non salarié Timothy H. Wennes s’est vu attribuer 11 873 unités d’actions restreintes (RSU) le 1er août 2025 dans le cadre du Plan Omnibus d’Actions et d’Incitations en Espèces pour Directeurs Non Salariés de 2018 de la société. Chaque RSU se convertit en une action ordinaire à raison de 1 pour 1.

Les RSU ont un prix d’exercice de 0 $ et seront acquises et réglées à la date du premier anniversaire de l’attribution, à condition que Wennes reste au conseil d’administration. Après cette opération, il détient 11 873 titres dérivés ; aucune transaction sur le marché ouvert n’a eu lieu, donc la dépense en espèces et la dilution immédiate sont nulles.

Le dépôt reflète une rémunération habituelle des administrateurs visant à aligner les intérêts du conseil et des actionnaires. Comme il ne s’agit ni d’un achat discrétionnaire d’initié ni d’une émission significative d’actions, l’impact à court terme sur le marché est considéré comme neutre.

Cushman & Wakefield plc (CWK) Formular 4: Der nicht geschäftsführende Direktor Timothy H. Wennes erhielt am 01. August 2025 11.873 Restricted Stock Units (RSUs) im Rahmen des Omnibus Non-Employee Director Share and Cash Incentive Plans 2018 des Unternehmens. Jede RSU wandelt sich 1:1 in Stammaktien um.

Die RSUs haben einen Ausübungspreis von 0 $ und werden am ersten Jahrestag des Gewährungsdatums fällig und ausgezahlt, vorausgesetzt Wennes bleibt im Vorstand. Nach dieser Transaktion hält er 11.873 derivative Wertpapiere; es gab keinen Kauf oder Verkauf am offenen Markt, sodass kein Barausgabeaufwand und keine sofortige Verwässerung entstanden sind.

Die Meldung spiegelt die routinemäßige Vergütung von Direktoren wider, die darauf abzielt, die Interessen von Vorstand und Aktionären in Einklang zu bringen. Da es sich nicht um einen diskretionären Insider-Kauf oder eine wesentliche Aktienausgabe handelt, wird die kurzfristige Marktreaktion als neutral eingestuft.

0001650164FALSE00016501642025-08-052025-08-05

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT PURSUANT
TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 5, 2025
___________________________________
Toast, Inc.
(Exact name of registrant as specified in its charter)
___________________________________

Delaware
(State or other jurisdiction of
Incorporation)
001-40819
(Commission File Number)
45-4168768
(I.R.S. Employer Identification No.)
333 Summer Street
Boston, Massachusetts
02210
(Address of principal executive offices)
(Zip code)
(617) 297-1005
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Class A common stock, par value $0.000001 per shareTOSTNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 2.02 - Results of Operations and Financial Condition.
On August 5, 2025, Toast, Inc. announced its financial results for the fiscal quarter ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

The information in this Current Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 - Financial Statements and Exhibits
(d) The following exhibits are being filed herewith:

Exhibit No.Description
99.1
Press Release issued by the registrant on August 5, 2025, furnished herewith.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: August 5, 2025
TOAST, INC.
By:
/s/ Elena Gomez
Name:
Elena Gomez
Title:
President, Chief Financial Officer and Chief Accounting Officer
(Principal Financial Officer and Principal Accounting Officer)

FAQ

How many RSUs did Timothy H. Wennes receive according to CWK's Form 4?

The filing reports a grant of 11,873 restricted stock units.

When do the RSUs granted to CWK director Wennes vest?

They vest and settle one year after the 01-Aug-2025 grant date, subject to continued board service.

Did the director purchase CWK shares with cash?

No. The transaction is an equity grant at $0 cost, not an open-market purchase.

What is the conversion ratio for the RSUs reported in the Form 4?

Each RSU converts on a 1-for-1 basis into an ordinary share of Cushman & Wakefield.

Does this Form 4 indicate a significant change in insider ownership at CWK?

No material change; the grant adds potential future shares but is routine director compensation.
Toast Inc

NYSE:TOST

TOST Rankings

TOST Latest News

TOST Latest SEC Filings

TOST Stock Data

26.99B
452.73M
8.86%
95.16%
6.55%
Software - Infrastructure
Services-computer Processing & Data Preparation
United States
BOSTON