SCHEDULE: FMR LLC Reports 5.0% Stake in Olo Inc.
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson report beneficial ownership of 5.0% of Olo Inc.'s Class A common stock as of July 31, 2025.
Summary
- FMR LLC reports beneficial ownership of 5,996,643.95 shares of Olo Inc.'s Class A common stock, representing 5.0% of the class.
- Abigail P. Johnson also reports beneficial ownership of 5,996,643.95 shares, also representing 5.0% of the class.
- FMR LLC has sole voting power over 5,993,715 shares and sole dispositive power over 5,996,643.95 shares.
- Abigail P. Johnson has sole dispositive power over 5,996,643.95 shares.
- The filing date is August 6, 2025, and the event date requiring the filing is July 31, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing is a standard disclosure of ownership.
Positives
- FMR LLC's continued investment suggests confidence in Olo Inc.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.
Future Outlook
There are no explicit forward-looking statements in this filing.
Industry Context
This filing reflects institutional investment activity in the technology sector, specifically in a company providing services to the restaurant industry.
Stakeholder Impact
- Shareholders: The disclosure provides transparency regarding significant ownership positions.
- Employees: No direct impact on employees is indicated in this filing.
- Customers: No direct impact on customers is indicated in this filing.
- Suppliers: No direct impact on suppliers is indicated in this filing.
- Creditors: No direct impact on creditors is indicated in this filing.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas. |
| 2023-08-08 | Date of Schedule 13G filed by FMR LLC, accession number: -23-002397. |
| 2025-07-31 | Date of event which requires filing of this statement. |
| 2025-08-06 | Date of filing. |
Recommendation
holdThe filing indicates a continuation of existing ownership, suggesting a hold position is appropriate unless other factors warrant a change.
Keywords
OLO INC, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, Class A Common Stock, investment
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