Form 4: Olo Inc. CEO Noah Glass Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Olo Inc. CEO Noah Glass sold 16,571 shares of Class A Common Stock on March 6, 2024, to cover tax withholding obligations related to the vesting and settlement of restricted stock units.
Summary
- On March 6, 2024, Noah H. Glass, CEO of Olo Inc., sold 16,571 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations associated with the vesting and settlement of restricted stock units.
- The shares were sold at a weighted average price of $5.5952, with individual transactions ranging from $5.525 to $5.655.
- Following the transaction, Glass directly owns 332,971 shares of Olo Inc.
- The sale was not a discretionary trade.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't indicate a change in the CEO's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the stock sale transaction. |
| 03/08/2024 | Date of signature for the Form 4 filing. |
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