Olo Board Member Washington Reduces Stake Following Recent Price Stability

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Olo Director Zuhairah Scott Washington executed planned sales of Class A Common Stock through a pre-established Rule 10b5-1 trading plan from November 2024. The transactions occurred over two days:

June 16, 2025: Disposed of 10,000 shares at weighted average price of $8.482 (range $8.405-$8.55)
June 17, 2025: Sold additional 1,000 shares at $8.51 per share

Following these transactions, Washington retains beneficial ownership of 67,677 shares held directly. The sales were executed according to a predetermined trading plan, which helps avoid concerns about insider trading by establishing sale parameters in advance. This represents a moderate reduction in the director's holdings but maintains significant equity stake in the company.

Insider Trade Summary

Net Seller: 11,000 shares ($93,330)

Net Sell 2 txns

Insider Washington Zuhairah Scott

Role Director

Sold 11,000 shs ($93K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,000	$8.51	$9K
Sale	Class A Common Stock	10,000	$8.482	$85K

Holdings After Transaction: Class A Common Stock — 67,677 shares (Direct)

Footnotes (1)

These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2024. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.405 to $8.55, 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.

Form 4 Insider Transactions: What Each Field Means →

06/18/2025 - 04:30 PM

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^*

Washington Zuhairah Scott

(Last)

(First)

(Middle)

C/O OLO INC. 285 FULTON STREET,

ONE WORLD TRADE CENTER, 82ND FLOOR

(Street)

NEW YORK

10007

(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)
06/16/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/16/2025		S⁽¹⁾		10,000	D	$8.482⁽²⁾	68,677	D
Class A Common Stock	06/17/2025		S⁽¹⁾		1,000	D	$8.51	67,677	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2024.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.405 to $8.55, 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.

	/s/ Jennifer C. Wong, Attorney-in-Fact	06/18/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many OLO shares did Zuhairah Scott Washington sell in June 2025?

Zuhairah Scott Washington sold a total of 11,000 shares of OLO Class A Common Stock across two transactions: 10,000 shares on June 16, 2025, and 1,000 shares on June 17, 2025.

What was the sale price of OLO shares in the Form 4 filing from June 28, 2025?

The shares were sold at two different prices: The first 10,000 shares were sold at a weighted average price of $8.482 (ranging from $8.405 to $8.55), and the second transaction of 1,000 shares was sold at $8.51.

How many OLO shares does Zuhairah Scott Washington still own after the June 2025 transactions?

Following the reported transactions, Zuhairah Scott Washington directly owns 67,677 shares of OLO Class A Common Stock.

Was the OLO insider sale part of a pre-planned trading arrangement?

Yes, the shares were sold pursuant to a Rule 10b5-1 trading plan that was adopted by the Reporting Person (Zuhairah Scott Washington) on November 12, 2024.

What is Zuhairah Scott Washington's role at OLO?

According to the Form 4 filing, Zuhairah Scott Washington serves as a Director of OLO Inc.