<SEC-DOCUMENT>0001959173-25-003085.txt : 20250512
<SEC-HEADER>0001959173-25-003085.hdr.sgml : 20250512
<ACCEPTANCE-DATETIME>20250512164640
ACCESSION NUMBER:		0001959173-25-003085
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250512
DATE AS OF CHANGE:		20250512

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Toast, Inc.
		CENTRAL INDEX KEY:			0001650164
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		ORGANIZATION NAME:           	06 Technology
		EIN:				454168768
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-40819
		FILM NUMBER:		25935626

	BUSINESS ADDRESS:	
		STREET 1:		333 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		617-297-1005

	MAIL ADDRESS:	
		STREET 1:		333 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Fredette Stephen
		CENTRAL INDEX KEY:			0001869038
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		TOAST, INC.
		STREET 2:		333 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001869038</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001650164</issuerCik>
      <issuerName>Toast, Inc.</issuerName>
      <secFileNumber>001-40819</secFileNumber>
      <issuerAddress>
        <com:street1>333 SUMMER STREET</com:street1>
        <com:city>BOSTON</com:city>
        <com:stateOrCountry>MA</com:stateOrCountry>
        <com:zipCode>02210</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>617-297-1005</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Fredette Stephen</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>104087</noOfUnitsSold>
      <aggregateMarketValue>4425543.83</aggregateMarketValue>
      <noOfUnitsOutstanding>498000000</noOfUnitsOutstanding>
      <approxSaleDate>05/12/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <acquiredDate>12/20/2011</acquiredDate>
      <natureOfAcquisitionTransaction>Founders Shares</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>104087</amountOfSecuritiesAcquired>
      <paymentDate>12/20/2011</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/07/2025</saleDate>
      <amountOfSecuritiesSold>70340</amountOfSecuritiesSold>
      <grossProceeds>2382315.64</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Shfa 2021 Nominee Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/07/2025</saleDate>
      <amountOfSecuritiesSold>79133</amountOfSecuritiesSold>
      <grossProceeds>2680111.13</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>The Shfa Family Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/07/2025</saleDate>
      <amountOfSecuritiesSold>26378</amountOfSecuritiesSold>
      <grossProceeds>893229.76</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/12/2025</saleDate>
      <amountOfSecuritiesSold>300</amountOfSecuritiesSold>
      <grossProceeds>10500.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Shfa 2021 Nominee Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/12/2025</saleDate>
      <amountOfSecuritiesSold>400</amountOfSecuritiesSold>
      <grossProceeds>14000.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>The Shfa Family Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/12/2025</saleDate>
      <amountOfSecuritiesSold>100</amountOfSecuritiesSold>
      <grossProceeds>3500.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/17/2025</saleDate>
      <amountOfSecuritiesSold>47073</amountOfSecuritiesSold>
      <grossProceeds>1648993.09</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Shfa 2021 Nominee Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/17/2025</saleDate>
      <amountOfSecuritiesSold>52593</amountOfSecuritiesSold>
      <grossProceeds>1842279.92</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>The Shfa Family Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/17/2025</saleDate>
      <amountOfSecuritiesSold>18394</amountOfSecuritiesSold>
      <grossProceeds>644366.12</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/19/2025</saleDate>
      <amountOfSecuritiesSold>44056</amountOfSecuritiesSold>
      <grossProceeds>1548440.25</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Shfa 2021 Nominee Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/19/2025</saleDate>
      <amountOfSecuritiesSold>49865</amountOfSecuritiesSold>
      <grossProceeds>1752430.36</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>The Shfa Family Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>03/19/2025</saleDate>
      <amountOfSecuritiesSold>15792</amountOfSecuritiesSold>
      <grossProceeds>554962.07</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>04/02/2025</saleDate>
      <amountOfSecuritiesSold>3793</amountOfSecuritiesSold>
      <grossProceeds>132745.89</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>05/02/2025</saleDate>
      <amountOfSecuritiesSold>1666</amountOfSecuritiesSold>
      <grossProceeds>60126.11</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Fredette</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>05/09/2025</saleDate>
      <amountOfSecuritiesSold>254511</amountOfSecuritiesSold>
      <grossProceeds>10491753.97</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Shfa 2021 Nominee Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>05/09/2025</saleDate>
      <amountOfSecuritiesSold>285062</amountOfSecuritiesSold>
      <grossProceeds>11748956.93</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>The Shfa Family Trust</name>
        <address>
          <com:street1>333 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A</securitiesClassTitle>
      <saleDate>05/09/2025</saleDate>
      <amountOfSecuritiesSold>101739</amountOfSecuritiesSold>
      <grossProceeds>4206715.99</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>In regards to sales from Shfa 2021 Nominee Trust and The Shfa Family Trust on 03/07/2025, 03/12/2025, 03/17/2025, 03/19/2025, and 05/09/2025 Stephen Fredette is an Account Stakeholder. </remarks>
    <noticeSignature>
      <noticeDate>05/12/2025</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>12/04/2024</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Stephen Fredette</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
