---
schema_version: "secwatch.filing_event.v1"
accession: "0001650164-21-000036"
form_type: "8-K"
ticker: "TOST"
cik: "0001650164"
company_name: "Toast, Inc."
filed_at: "2021-12-10T23:59:59+00:00"
generated_at: "2026-06-28T02:04:59.811303+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Toast adopts Senior Executive Cash Incentive Bonus Plan effective December 2021

## Summary
- Compensation Committee approved a new cash incentive plan for key executives on Dec 9, 2021.
- Bonuses tied to corporate performance goals (e.g., revenue, EBITDA) and individual objectives.
- All current executive officers are participants under the plan.
- Plan provides for target, minimum, and maximum bonus opportunities per performance period.

## SEC filing metadata
- accession: 0001650164-21-000036
- form_type: 8-K
- ticker: TOST
- cik: 0001650164
- company_name: Toast, Inc.
- filed_at: 2021-12-10T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650164/000165016421000036/0001650164-21-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650164/000165016421000036/tost-20211209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650164-21-000036
- JSON: https://secwatch.observer/filing/0001650164-21-000036.json
- Plain text: https://secwatch.observer/filing/0001650164-21-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.