David A. Frankel - 12 Sep 2025 Form 4 Insider Report for Olo Inc. (OLO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Sep 2025, 16:56:35 UTC
Prior SEC filing
02 Jul 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer C. Wong, Attorney-in-Fact

Key filing fact

David A. Frankel filed Form 4 for Olo Inc. (OLO) on 12 Sep 2025.

Key facts

  • This page summarizes David A. Frankel's Form 4 filing for Olo Inc. (OLO).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Sep 2025, 16:56.

Change

  • Previous filing in this sequence was filed on 02 Jul 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001682665 Primary reporting owner

Frankel David A.

Relationship
Director, 10%+ Owner
Address
C/O STONEHAGE FLEMING US LLC, 1700 MARKET STREET, SUITE 3010, PHILADELPHIA
Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Signature date
12 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OLO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-123,242
Change %
-100%
Price
Shares after
0
Date
12 Sep 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OLO transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-13,157,966
Change %
-100%
Price
$0.000000
Shares after
0
Date
12 Sep 2025
Ownership
By LLC
Underlying class
Class A Common Stock
Underlying amount
13,157,966
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David A. Frankel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

This Form 4 reports securities disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated July 3, 2025, by and among the Issuer, Olo Parent, Inc. (f/k/a Project Hospitality Parent, LLC), a Delaware corporation ("Parent") and Project Hospitality Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). On September 12, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent.

Footnote F2

Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of Issuer Class A Common Stock and Class B Common Stock (together, "Common Stock") was cancelled and automatically converted into the right to receive $10.25 in cash, without interest, less any applicable withholding taxes.

Footnote F3

These shares are held by Raqtinda Investments LLC (the "LLC"). The Reporting Person, along with Peter Rosenberg, has shared voting and dispositive power over 13,157,966 shares of Class B common stock. The Reporting Person disclaims beneficial ownership of the shares held by the LLC except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

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