BlackRock, Inc. Decreases Stake in Toast Inc. (TOST) to 4.98%

On April 27, 2026, BlackRock, Inc. filed an amended Schedule 13G (Amendment No. 1) regarding its holdings in Toast Inc. (TOST). The filing indicates that as of March 31, 2026, BlackRock beneficially owns 26,126,285 shares of Class A Common Stock. This position represents 4.98% of the total shares outstanding, which is a decrease from its previous position and brings its ownership below the 5% reporting threshold. Of the total shares held, BlackRock reports sole voting power over 23,928,755 shares and sole dispositive power over all 26,126,285 shares. The filing was made under Rule 13d-1(b), certifying that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. BlackRock, Inc. serves as the parent holding company for various subsidiaries identified in the filing that manage these securities. No single person's interest in the dividends or sale proceeds exceeds 5% of the total outstanding common shares.