Form 4: Olo Inc. Director Daniel Meyer Reports Acquisition of 35,714 Shares

Director Daniel Meyer reports acquiring 35,714 shares of Olo Inc. Class A Common Stock through restricted stock units.

Summary

• On June 20, 2024, Daniel Harris Meyer, a director of Olo Inc., reported the acquisition of 35,714 shares of Class A Common Stock.
• These shares were acquired through restricted stock units (RSUs) at a price of $0.
• The RSUs will fully vest on the earlier of June 20, 2025, or the day before Olo's 2025 annual meeting of stockholders, contingent upon continuous service.
• Following the transaction, Meyer directly owns 96,303 shares of Class A Common Stock.
• Meyer also indirectly 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.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment but suggests confidence.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest on the earlier of June 20, 2025, or the day immediately prior to the Issuer's 2025 annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer as of such vesting date.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates