OLO insider Rule 144 notice: 38,275 shares to be sold on NYSE

Rhea-AI Filing Summary

Form 144 filed for Olo Inc. (OLO) shows a proposed sale of 38,275 common shares via Charles Schwab with an aggregate market value of $392,503, to be executed on 09/05/2025 on the NYSE. The table indicates these shares were acquired through an Equity Compensation event (Restricted Stock lapse) on 09/05/2025. The filing also discloses prior sales by the same account: 38,614 shares sold on 06/05/2025 for $339,718. The notice includes the standard signature representation that the seller is not aware of undisclosed material adverse information.

Positive

• None.

Negative

• Proposed sale of 38,275 shares (aggregate market value $392,503) could be viewed unfavorably by some investors as insider selling.
• Recent prior sale of 38,614 shares on 06/05/2025 for $339,718 indicates continuing disposition activity from the same account.

Insights

Securities Analyst

TL;DR Insider-linked sale of restricted stock scheduled; sizes are modest and likely non-material to company valuation.

The filing documents a proposed Rule 144 sale of 38,275 Olo common shares with a stated market value of $392,503, executed through Charles Schwab on the NYSE. The shares arose from a restricted stock lapse and are characterized as equity compensation. A recent prior sale of 38,614 shares on 06/05/2025 for $339,718 is disclosed, indicating ongoing disposition activity from the same account. From a trading-impact perspective, the absolute dollar amounts are small relative to typical public company float, suggesting limited market impact. The disclosure and date details are standard for Rule 144 notices.

Corporate Governance Expert

TL;DR Routine compliance filing documenting planned sale of vested equity; no governance red flags visible in form.

The document identifies the sale method (broker-dealer, NYSE execution), the acquisition source (restricted stock lapse), and the representation that no undisclosed material information is known by the seller. These elements align with standard insider reporting and Rule 144 procedural requirements. The presence of a recent prior sale shows active monetization of vested holdings, but the filing contains no statements about any insider trading plan dates or other governance actions. Based solely on the filing contents, there are no explicit governance concerns flagged.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	38275	392503.00	120763262	09/05/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/05/2025	Restricted Stock Lapse - See Remarks	Olo Inc.			38275	09/05/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Joanna G Lambert 285 FULTON STREET ONE WORLD TRADE CENTER, 82ND FLOOR NEW YORK NY 10007	Olo Inc.	06/05/2025	38614	339718.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for OLO report?

The Form 144 reports a proposed Rule 144 sale of 38,275 Olo common shares with an aggregate market value of $392,503 to be sold on 09/05/2025 on the NYSE.

How were the shares being sold acquired?

The filing states the shares were acquired via a Restricted Stock Lapse and the payment type is listed as Equity Compensation.

Was there recent related sale activity disclosed?

Yes. The filing discloses a prior sale of 38,614 shares on 06/05/2025 that generated $339,718 in gross proceeds.

Through which broker is the proposed sale to be executed?

The proposed sale is to be executed through Charles Schwab & Co., Inc. with execution on the NYSE.

Does the filer assert knowledge of undisclosed material information?

Yes. The signature section includes the standard representation that the person does not know any material adverse information about the issuer that has not been publicly disclosed.