Form 4: Olo Inc. Director Daniel Meyer Acquires Over 20,000 Shares Through RSU Grant

Olo Inc. Director Daniel Harris Meyer has acquired 20,515 shares of Class A Common Stock through a restricted stock unit grant, increasing his total beneficial ownership to over 948,000 shares.

Summary

• Daniel Harris Meyer, a Director of Olo Inc. (OLO), acquired 20,515 shares of Class A Common Stock on June 12, 2025.
• The acquisition was made through a restricted stock unit (RSU) grant at a price of $0 per share.
• These RSUs will fully vest on the earlier of June 12, 2026, or the day immediately prior to the Issuer's 2026 annual meeting of stockholders, contingent on Mr. Meyer's continuous service.
• Following this transaction, Mr. Meyer directly beneficially owns 124,117 shares of Class A Common Stock.
• Additionally, he indirectly beneficially owns 6,000 shares through a child, 470,275 shares through The Daniel H. Meyer Investment Trust, and 348,270 shares through the DHM 2012 Gift Trust, bringing his total beneficial ownership to 948,662 shares (124,117 + 6,000 + 470,275 + 348,270).
• Mr. Meyer disclaims beneficial ownership of shares held by his child and disclaims beneficial ownership of shares held by the trusts except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. An insider acquisition, even through an RSU grant, generally signals confidence from a director in the company's future. While not a cash purchase, it increases the director's vested interest and aligns them with shareholder value. There are no negative elements reported in this transactional filing.

Positives

• The acquisition of 20,515 shares through an RSU grant increases Director Daniel Harris Meyer's stake in Olo Inc., aligning his interests more closely with those of shareholders.
• The RSU grant at a $0 price indicates a compensation component, which is a common practice for directors and executives.

Future Outlook

The 20,515 restricted stock units granted to Director Daniel Harris Meyer are scheduled to fully vest on the earlier of June 12, 2026, or the day immediately prior to Olo Inc.'s 2026 annual meeting of stockholders, subject to his continuous service.

Industry Context

This Form 4 filing details a routine insider transaction, specifically an RSU grant, which is a common form of equity compensation for directors in publicly traded technology companies like Olo Inc. It reflects standard corporate governance practices for aligning management and director interests with shareholders.

Related Party Transactions

• Daniel Harris Meyer indirectly beneficially owns 6,000 shares through a child, though he disclaims beneficial ownership.
• He indirectly beneficially owns 470,275 shares through The Daniel H. Meyer Investment Trust, where he is the grantor, trustee, and beneficiary, disclaiming beneficial ownership except for pecuniary interest.
• He indirectly beneficially owns 348,270 shares through the DHM 2012 Gift Trust, where his spouse is a co-trustee and beneficiary, disclaiming beneficial ownership except for pecuniary interest.

Stakeholder Impact

• Shareholders: Increased ownership by a director can be viewed positively as it aligns management interests with shareholder value, potentially signaling confidence in the company's long-term prospects.

Next Steps

• The vesting of the 20,515 restricted stock units on the earlier of June 12, 2026, or the day prior to the Issuer's 2026 annual meeting of stockholders, contingent on continuous service.

Key Dates

Keywords

Olo Inc., OLO, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Director Stock Acquisition, Beneficial Ownership, Daniel Harris Meyer