Insider Notice: Olo Form 144 Discloses 10,736-Share Sale on NYSE

Rhea-AI Filing Summary

Olo Inc. reported a Form 144 notice showing a proposed sale of 10,736 common shares acquired as equity compensation (RSU/PSU) and dated 09/05/2025. The shares are listed with Charles Schwab & Co., Inc. for sale on the NYSE with an aggregate market value of $110,095 and total shares outstanding reported as 120,763,262. The filing shows the same person sold 10,129 shares on 06/05/2025 for gross proceeds of $89,122. The filer certifies no undisclosed material adverse information and indicates the payment/nature of acquisition as equity compensation.

Insights

Financial Analyst

TL;DR: Insider is selling vested equity compensation shares in modest size, disclosed under Rule 144 with routine broker arrangements.

The notice documents a proposed sale of 10,736 common shares acquired 09/05/2025 as RSU/PSU and to be brokered via Charles Schwab on the NYSE for an aggregate value of $110,095. A prior sale on 06/05/2025 of 10,129 shares generated $89,122. For investors, these transactions quantify insider liquidity but do not, by themselves, provide operational or financial information about Olo. The filing follows Rule 144 disclosure protocols and includes the customary representation about absence of undisclosed material adverse information.

Corporate Governance Expert

TL;DR: Disclosure is complete for a Rule 144 sale; timing and nature (equity compensation) are specified.

The Form 144 identifies the securities as RSU/PSU-originated equity compensation and provides broker, share counts, and market value. The filer affirms no material nonpublic information, and the filing references prior sales in the past three months. From a governance perspective, the form meets standard Rule 144 filing requirements; it documents insider liquidity but contains no indications of unusual governance events or compliance exceptions.

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	10736	110095.00	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	RSU / PSU - See Remarks	Olo Inc.			10736	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
ROBERT MORVILLO 285 FULTON STREET ONE WORLD TRADE CENTER, 82ND FLOOR NEW YORK NY 10007	Olo Inc.	06/05/2025	10129	89122.00

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 filed for 09/05/2025 disclose?

The filing discloses a proposed sale of 10,736 common shares acquired as RSU/PSU on 09/05/2025, listed with Charles Schwab for sale on the NYSE, aggregate market value $110,095.

How many OLO shares were sold by the same person in the past three months?

The filing reports a prior sale on 06/05/2025 of 10,129 shares for gross proceeds of $89,122.

What was the nature of acquisition for the shares to be sold in the OLO Form 144?

The shares were acquired as equity compensation (RSU/PSU) and the filing lists the nature of payment as Equity Compensation.

Through which broker will the OLO shares be sold?

The filing lists Charles Schwab & Co., Inc. (3000 Schwab Way, Westlake TX) as the broker for the proposed sale.

What representation does the filer make about material information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.