STOCK TITAN

OLO Form 144 Notice: Insider Sale of 11,735 RSU/PSU Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Olo Inc. Form 144 shows a proposed sale of 11,735 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $120,337. The shares are listed as outstanding 120,763,262 and the sale is scheduled for 09/05/2025 on the NYSE. The filing states the shares were acquired on 09/05/2025 as RSU/PSU awarded by Olo Inc., with payment described as equity compensation. The filing also discloses a prior sale by Noah Glass of 10,152 shares on 06/05/2025 for $89,328. The notice includes the required representation that the filer is not aware of undisclosed material adverse information.

Positive

  • Sale arises from RSU/PSU equity compensation, indicating shares are vested awards rather than market purchases
  • Filing provides full transactional details including broker, number of shares, market value, exchange, and acquisition/payment dates

Negative

  • Insider previously sold 10,152 shares on 06/05/2025 for $89,328, which may indicate ongoing disposals
  • Form does not state adoption date of any trading plan or whether sales are pursuant to a Rule 10b5-1 plan

Insights

TL;DR Routine insider notice of vested equity sale; transaction size is small relative to total shares outstanding.

The Form 144 documents a proposed sale tied to equity compensation vesting rather than a cash purchase, which is typical for RSU/PSU disposals by insiders. The filing provides clear mechanics: broker, number of shares, market value, exchange, and acquisition/payment dates. Because the sale is for 11,735 shares against 120,763,262 outstanding, it is not likely to be material to overall capitalization. The prior sale by Noah Glass on 06/05/2025 is disclosed with proceeds.

TL;DR Disclosure meets Rule 144 formality; includes insider representation and details aligning with compliance expectations.

The filing contains the standard attestation that the filer is unaware of undisclosed material adverse information and specifies that the securities arose from RSU/PSU awards. Broker information and dates are provided, supporting compliance with Rule 144 notice requirements. There is no indication in the filing of related-party transactions, plan adoption dates, or trading-plan assertions on this form.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does OLO Form 144 filed for 09/05/2025 report?

The filing reports a proposed sale of 11,735 Olo common shares with an aggregate market value of $120,337 to be sold on 09/05/2025 on the NYSE through Charles Schwab & Co., Inc.

How were the shares to be sold acquired according to the filing?

The filing states the shares were acquired on 09/05/2025 as RSU/PSU awards from Olo Inc., with payment noted as equity compensation.

Did the filing disclose recent insider sales by executives of OLO?

Yes. The filing discloses that Noah Glass sold 10,152 shares on 06/05/2025 for $89,328.

Which broker will handle the proposed sale in the Form 144?

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

Does the Form 144 state whether the filer knows of any undisclosed material adverse information?

Yes. The filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.
Olo Inc

NYSE:OLO

OLO Rankings

OLO Latest News

OLO Latest SEC Filings

OLO Stock Data

1.74B
118.10M
2.63%
95.87%
2.99%
Software - Application
Services-business Services, Nec
Link
United States
NEW YORK