{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-228134","form_type":"8-K","ticker":"TOST","cik":"0001650164","company_name":"Toast, Inc.","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.684966+00:00","generated_at":"2026-06-11T00:00:25.080684+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Toast CEO Chris Comparato steps down Jan 1, 2024; COO Aman Narang appointed CEO","bullets":["Chris Comparato steps down as CEO effective Jan 1, 2024; will remain on Board.","Co-founder & COO Aman Narang appointed CEO, effective same date.","Mark Hawkins, Lead Independent Director, becomes Chair of Board on Jan 1, 2024.","Narang retains current $20k salary; severance terms set base salary at $250k.","Comparato led growth to ~93k restaurant locations, IPO, >$1B ARR as of June 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-228134","json":"https://secwatch.observer/filing/0001193125-23-228134.json","markdown":"https://secwatch.observer/filing/0001193125-23-228134.md","text":"https://secwatch.observer/filing/0001193125-23-228134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650164/000119312523228134/0001193125-23-228134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650164/000119312523228134/d556761d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:00:25.080684+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3a269ffe74","claim":"Christopher P. Comparato departed as Chairperson of the Board at Toast, Inc..","evidence_excerpt":"Mr. Comparato will also step down from his role as Chairperson of the Board at such time but plans to continue serving as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000119312523228134/0001193125-23-228134-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Chairperson of the Board"}],"fact_type":"executive_change"},{"claim_id":"4dae10b8fb","claim":"Aman Narang was appointed as Chief Executive Officer at Toast, Inc..","evidence_excerpt":"the Board appointed Aman Narang, the Company’s current Co-President, Co-Founder and Chief Operating Officer, to succeed Mr. Comparato as Chief Executive Officer of the Company, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000119312523228134/0001193125-23-228134-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"707a247fbd","claim":"Mark Hawkins was appointed as Chairperson of the Board at Toast, Inc..","evidence_excerpt":"the Board has appointed Mark Hawkins, Lead Independent Director and Chairperson of the Audit Committee of the Board, to serve as the Chairperson of the Board, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000119312523228134/0001193125-23-228134-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairperson of the Board"}],"fact_type":"executive_change"},{"claim_id":"b88fedb751","claim":"Christopher P. Comparato departed as Chief Executive Officer at Toast, Inc..","evidence_excerpt":"Christopher P. Comparato, Chief Executive Officer and Chairperson of the Board of Toast, Inc. (the “Company”), informed the Company’s Board of Directors (the “Board”) that he will step down as Chief Executive Officer of the Company, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000119312523228134/0001193125-23-228134-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}