secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001193125-25-027376
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Toast appoints Gail Miller as CAO, Elena Gomez as President
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- Gail Miller named Chief Accounting Officer effective March 3, 2025; base salary $400k, sign-on bonus $100k.
- Miller receives RSU of $3.3M and stock option of $2.2M, vesting over four years.
- Elena Gomez appointed President, remains CFO; ceases interim CAO role after Miller starts.
- Gomez will not receive additional compensation for President role; no changes to existing plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000119312525027376/0001193125-25-027376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000119312525027376/d920751d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-027376

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer