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OLO Form 4: Director Daniel Meyer reports sale and trust holdings

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Reporting person: Daniel H. Meyer, a director of Olo Inc. (OLO). The Form 4 shows a sale of 6,000 shares of Class A common stock on 08/12/2025 at a weighted average price of $10.2005 per share. The filing discloses additional positions: 125,324 shares reported as directly beneficially owned, 470,275 shares held indirectly by The Daniel H. Meyer Investment Trust, and 348,270 shares held indirectly by the DHM 2012 Gift Trust. The report includes disclaimers that certain shares are disclaimed as beneficially owned except to the extent of pecuniary interest and that some shares are held by the reporting person’s child.

Positive

  • Continued material ownership: The reporting person maintains substantial holdings via direct and trust accounts (125,324 direct; 470,275 and 348,270 indirect).
  • Clear disclosure: The filing provides transaction price details (weighted average) and explicit disclaimers about trust and child-held shares.

Negative

  • Insider sale: The director sold 6,000 shares on 08/12/2025 at a weighted average price of $10.2005.

Insights

TL;DR: Director sold a small block of OLO stock while retaining sizeable direct and indirect holdings, indicating ongoing material ownership.

The 6,000-share sale at a weighted average price of $10.2005 is a disclosed Section 16 transaction and appears relatively small compared with the positions reported in trusts and direct ownership. The filing documents multiple ownership forms including direct, indirect via an investment trust, and indirect via a gift trust, each with explicit disclaimers of beneficial ownership except for pecuniary interest. For investors, this is a routine insider sale disclosure rather than an unusual corporate action; it provides transparency on the director’s ongoing economic exposure.

TL;DR: The Form 4 is a standard required disclosure: a small sale and clear trust structures with disclaimers are reported.

The report clearly identifies the reporting person as a director and lists the relationships and ownership vehicles. The explanatory footnotes specify the sale price range and the trust arrangements, and include standard disclaimers regarding beneficial ownership. There are no disclosures of new grants, exercises, or derivative transactions, and no amendments noted; the filing fulfills routine Section 16 transparency obligations without signaling governance or control changes.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Meyer Daniel Harris

(Last) (First) (Middle)
C/O UNION SQUARE HOSPITALITY GROUP
853 BROADWAY, 17TH FLOOR

(Street)
NEW YORK NY 10003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Olo Inc. [ OLO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/12/2025 S 6,000 D $10.2005(1) 0 I By Child(2)
Class A Common Stock 125,324 D
Class A Common Stock 470,275 I By Trust(3)
Class A Common Stock 348,270 I By Trust(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $10.20 to $10.21, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the Issuer, any security holder of the Issuer, or the SEC staff upon request.
2. The Reporting Person disclaims beneficial ownership of these securities and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of these securities for purposes of Section 16 or for any other purpose.
3. These shares are held by The Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "Investment Trust"). The Reporting Person is the grantor, trustee and beneficiary of the Investment Trust. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
4. These shares are held by the DHM 2012 Gift Trust (the "Gift Trust"). The Reporting Person's spouse is a co-trustee and beneficiary of the Gift Trust. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
/s/ Jennifer C. Wong, Attorney-in-Fact 08/14/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did OLO director Daniel H. Meyer report on Form 4?

The Form 4 reports a sale of 6,000 Class A shares on 08/12/2025 at a weighted average price of $10.2005, plus disclosures of direct and indirect holdings.

How many OLO shares does Daniel H. Meyer report as directly owned?

The filing shows 125,324 Class A shares reported as directly beneficially owned following the transaction.

What indirect OLO holdings does the Form 4 disclose for Meyer?

The filing discloses 470,275 shares held by The Daniel H. Meyer Investment Trust and 348,270 shares held by the DHM 2012 Gift Trust, with disclaimers of beneficial ownership except for pecuniary interest.

At what price were the 6,000 OLO shares sold?

The shares were sold at a weighted average price of $10.2005, with individual sale prices ranging from $10.20 to $10.21.

Does the Form 4 disclose any option or derivative transactions?

No. Table II (derivative securities) contains no entries; the report only discloses a non-derivative sale.
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