Olo Inc SEC Filings

Olo Inc.'s Chief Legal Officer and Secretary, Robert Morvillo, reported Form 4 transactions tied to a Merger Agreement dated July 3, 2025. On September 12, 2025, Merger Sub merged into Olo with Olo surviving as a wholly owned subsidiary of the buyer, and each outstanding share of Olo common stock was converted into the right to receive $10.25 in cash per share. The filing shows 394,647 shares acquired (representing vested PSUs) and a disposition of 770,427 shares, leaving the reporting person with 0 shares following the transaction. Unvested performance-based and time-based PSUs were converted into contingent cash replacement amounts payable, subject to continued service and original vesting schedules.

Insider disposition due to merger: This Form 4 reports that Daniel H. Meyer, a director of Olo Inc. (OLO), disposed of multiple blocks of Class A common stock on 09/12/2025 because the company was acquired and became a wholly owned subsidiary of Olo Parent, Inc. Under the merger agreement, each outstanding Olo share was cancelled and converted into the right to receive $10.25 in cash per share, net of applicable withholdings. Meyer reported dispositions of 125,324, 470,275, and 348,270 Class A shares; the latter two blocks were held indirectly in trusts. The Form 4 is signed by an attorney-in-fact on behalf of Meyer.

David Cancel, a Director of Olo Inc. (OLO), reported a disposition of 102,638 shares of Class A common stock on 09/12/2025. The Form 4 states that this disposition occurred as part of the closing of a merger under an Agreement and Plan of Merger dated July 3, 2025, in which Project Hospitality Merger Sub merged into Olo and Olo became a wholly-owned subsidiary of Olo Parent, Inc. At the effective time each outstanding share of Olo common stock was cancelled and converted into the right to receive $10.25 in cash per share, net of required withholding, and the reporting person’s beneficial ownership following the transaction is reported as 0 shares.

Insider Form 4 for Olo Inc. reports transactions tied to a completed merger. On 09/12/2025 the issuer merged into a subsidiary of Project Hospitality Parent, and each outstanding share of Olo Class A common stock was cancelled and converted into the right to receive $10.25 in cash per share (the Merger Consideration). The reporting person, Sherri Manning (Chief People Officer), had previously outstanding performance-based restricted stock units that were deemed fully vested at the Effective Time and converted into 194,400 shares worth cash at $0 per share reported (reflecting conversion mechanics). Separately, 189,667 time-based RSUs were outstanding and were cancelled and converted into contingent cash replacement amounts that will vest and be payable only if the reporting person continues service through the original vesting dates.

Washington Zuhairah Scott, a director of Olo Inc. (OLO), reported on Form 4 that on 09/12/2025 67,677 shares of Class A common stock were disposed of upon the closing of a merger. Under the Merger Agreement, each outstanding share of Olo common stock was cancelled and converted into the right to receive $10.25 in cash per share, net of any applicable withholding taxes. The filing also reports the cancellation of 201,563 stock options (exercise price shown as $5.97) that were converted into cash payments as described in the Merger Agreement. The transactions were effected pursuant to the agreement by which the issuer became a wholly-owned subsidiary of the buyer.

Olo Inc. director Linda Rottenberg reported that on 09/12/2025 a merger closed that made Olo a wholly-owned subsidiary of Project Hospitality Parent. At the Effective Time all outstanding shares of Olo common stock were cancelled and converted into $10.25 cash per share (subject to withholding). The filing shows Ms. Rottenberg disposed of 114,435 shares of Class A common stock and 2,000 shares indirectly via spouse, leaving 0 shares beneficially owned. Several vested, in-the-money stock options were cancelled and converted into cash payments equal to the excess of $10.25 over each option's exercise price multiplied by underlying shares; the filing lists option cancellations for 514,250, 514,250 and 101,898 underlying shares at $1.67, $2.55 and $5.97 strikes respectively.

Joanna G. Lambert, listed as Chief Operating Officer of Olo Inc. (OLO), reported transactions tied to a merger that became effective on 09/12/2025 when Project Hospitality Merger Sub merged into Olo and Olo became a wholly-owned subsidiary of Olo Parent, Inc. At the Effective Time each outstanding share of Olo common stock was cancelled and converted into the right to receive $10.25 in cash per share. The Form 4 shows an acquisition entry of 733,024 shares (representing vested and unvested PSUs converted to shares immediately prior to the Effective Time) and a disposition of 1,619,895 shares leaving the reporting person with 0 shares after the transactions. Of the PSUs referenced, 157,137 vested at the Effective Time and 575,887 remained unvested and were converted into contingent cash replacement amounts subject to continued service through the vesting dates.

Neville Colin, identified as a director and 10% owner of Olo Inc. (OLO), reported a disposition of 126,605 shares of Class A common stock on 09/12/2025. The Form 4 states this disposition occurred pursuant to an Agreement and Plan of Merger dated July 3, 2025, under which, at the effective time of the merger, each outstanding share of Olo common stock was cancelled and converted into the right to receive $10.25 in cash per share (net of applicable withholding). Following the reported transaction, the reporting person beneficially owned 0 shares.

Olo Inc. Form 4 summary: This filing reports insider transactions by Noah H. Glass in connection with a merger effective 09/12/2025. At the Effective Time, the issuer merged into a parent and became a wholly-owned subsidiary. Each outstanding share of Class A and Class B common stock was cancelled and converted into the right to receive $10.25 in cash per share. Outstanding RSUs, PSUs and certain in-the-money options were cancelled and converted into cash replacement amounts or option payments per the Merger Agreement. The reporter holds certain shares indirectly through the Glass Family Trust and disclaims beneficial ownership except to the extent of any pecuniary interest.