OLO Form 144 Filing Shows Restricted Shares Lapsed, Sale Planned via Schwab

Rhea-AI Filing Summary

Olo Inc. (OLO) Form 144 notice reports a proposed sale of 5,608 shares of common stock to be executed through Charles Schwab & Co., Inc. on or about 09/05/2025 with an aggregate market value listed as $57,507.00. The filing states these shares were acquired the same day, 09/05/2025, as a restricted stock lapse from Olo Inc. under equity compensation and that payment was by equity compensation. The filer also disclosed a prior sale of 5,657 shares on 06/05/2025 for gross proceeds of $49,770.00. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Full disclosure of required Rule 144 elements including broker, class, quantity, acquisition date, and sale date
• Acquisition source specified as a restricted stock lapse, indicating shares stem from equity compensation
• Prior sale in the past three months is disclosed, showing transparency about recent dispositions

Negative

• No issuer name or contact details provided in the issuer information section (fields appear blank)
• Filer identification fields are incomplete in the copy provided (CIK/CCC and submission contact entries not populated)

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice reporting restricted shares becoming tradable and an intended brokered sale; includes recent prior disposition.

This Form 144 documents a planned market sale of restricted shares that lapsed into tradable status and will be placed through Charles Schwab. The filing meets Rule 144 disclosure elements: class, broker, quantity, approximate sale date, acquisition date and nature (restricted stock lapse), and prior three-month sales. The seller’s attestation regarding material nonpublic information is present, which is a standard compliance representation in these notices.

Equity Compensation Specialist

TL;DR: Shares originated from equity compensation vesting; sale timing aligns with lapse of restriction.

The securities reported were acquired via a restricted stock lapse on the same date listed for acquisition and sale authorization, indicating the holder is exercising the right to liquidate newly vested equity. The filing shows a closely related prior sale in June, consistent with ongoing monetization of equity compensation. No pricing or lock-up exceptions are disclosed beyond the aggregate market values provided.

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	5608	57507.00	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.			5608	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
Sherri Manning 285 FULTON STREET ONE WORLD TRADE CENTER, 82ND FLOOR NEW YORK NY 10007	Olo Inc.	06/05/2025	5657	49770.00

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 OLO's Form 144 report on 09/05/2025?

The filing reports a proposed sale of 5,608 shares of Olo common stock through Charles Schwab with an aggregate market value of $57,507.00 and an approximate sale date of 09/05/2025.

How were the 5,608 Olo shares acquired?

The shares were acquired on 09/05/2025 via a restricted stock lapse from Olo Inc. as equity compensation.

Were there any recent sales of Olo shares by the same person?

Yes. A prior sale of 5,657 shares occurred on 06/05/2025 for gross proceeds of $49,770.00, as disclosed in the filing.

Through which broker will the sale be executed?

The proposed sale is to be executed through Charles Schwab & Co., Inc..

Does the filer assert possession of material nonpublic information?

No. The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.