TOST CRO Vassil Jonathan sold 66,390 shares at $35.86 on 2026-01-02; stock now at $34.50, down 30.0% from 52-week high.
Vassil Jonathan, Chief Revenue Officer of Toast, Inc., sold 66,390 shares (44.0% of pre-transaction holdings) at $35.86 on 2026-01-02, reducing his stake from 150,979 to 84,589 shares. The transaction occurred near a 52-week high (current price $34.50 is -30.0% from that peak), suggesting the CRO was divesting into relative strength. His prior five trades at TOST show mixed timing outcomes: while his cross-ticker track record averaged 90-day returns of 8.3%, none of his five prior TOST sales materialized as well-timed sells (defined as negative 90-day returns), with four of five generating positive 90-day returns averaging +7.8%. The large magnitude of this sale—reducing his holdings by nearly half and representing $2.4M in value—alongside the stock's subsequent 3.3% decline in the 30 days post-trade suggests the CRO's decision to divest a material position warrants monitoring against near-term business momentum and earnings trajectory.