Robert Meese - 29 Apr 2025 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Signature
/s/ Stephen Chen, as Attorney-in-Fact for Robert Meese
Issuer symbol
DUOL
Transactions as of
29 Apr 2025
Net transactions value
-$1,975,000
Form type
4
Filing time
30 Apr 2025, 16:17:50 UTC
Previous filing
24 Apr 2025
Next filing
16 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Sale $1,975,000 -5,000 -4% $395.00 118,805 29 Apr 2025 Direct F1
holding DUOL Class A Common Stock 1,800 29 Apr 2025 See footnote F2
holding DUOL Class A Common Stock 1,800 29 Apr 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on December 9, 2024.
F2 Shares held by Eliot Meese Qualified Minor's Trust.
F3 Shares held by Isaac Meese Qualified Minor's Trust.