Toast Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$TOST
EDP Services
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT PURSUANT
TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 13, 2025
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(Exact name of registrant as specified in its charter)
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Item 5.07 - Submission of Matters to a Vote of Security Holders.
On June 13, 2025, the Company held its annual meeting of stockholders via live audio webcast (the “Annual Meeting”). The stockholders of the Company voted on the following three proposals at the Annual Meeting, each of which is more fully described in the Company’s definitive proxy statement filed with the SEC on April 24, 2025:
Proposal One: Election of Directors
The Company’s stockholders elected each of Paul Bell and Hilarie Koplow-McAdams as a Class I director of the Company’s board of directors for a three-year term expiring at the Company’s 2028 Annual Meeting of Stockholders and until such director’s respective successor is duly elected and qualified, or such director’s earlier death, resignation or removal. The results of the vote were as follows:
| Nominee | For | Withheld | Broker Non-Votes | ||||||||
| Paul Bell | 1,000,428,349 | 65,264,165 | 95,589,597 | ||||||||
| Hilarie Koplow-McAdams | 1,007,467,233 | 58,225,281 | 95,589,597 | ||||||||
Proposal Two: Ratification of Appointment of Independent Registered Public Accounting Firm
The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The results of the vote were as follows:
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 1,159,597,111 | 1,031,913 | 653,087 | 0 | ||||||||
Proposal Three: Advisory Vote on Compensation of Named Executive Officers
The Company’s stockholders approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers for the fiscal year ended December 31, 2024, as disclosed in the Company’s proxy statement for the Annual Meeting pursuant to the compensation disclosure rules of the SEC. The results of the vote were as follows:
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 1,051,190,254 | 14,164,118 | 338,142 | 95,589,597 | ||||||||
No other matters were submitted to or voted on by the Company’s stockholders at the Annual Meeting.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 17, 2025 | TOAST, INC. | ||||||||||
By: | /s/ Brian R. Elworthy | ||||||||||
Name: | Brian R. Elworthy | ||||||||||
Title: | General Counsel and Corporate Secretary | ||||||||||