Matthew Skaruppa - 15 May 2025 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Chief Financial Officer
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Matthew Skaruppa
Issuer symbol
DUOL
Transactions as of
15 May 2025
Net transactions value
-$1,756,770
Form type
4
Filing time
16 May 2025, 16:14:10 UTC
Previous filing
21 Feb 2025
Next filing
19 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Skaruppa Matthew Chief Financial Officer C/O DUOLINGO, INC., 5900 PENN AVENUE, PITTSBURGH /s/ Stephen Chen, as Attorney-in-Fact for Matthew Skaruppa 16 May 2025 0001869669

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Award $0 +8,709 +15% $0.000000 65,100 15 May 2025 Direct F1
transaction DUOL Class A Common Stock Sale $1,756,770 -3,304 -5.1% $531.71 61,796 15 May 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitute Restricted Stock Units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Issuer's Class A Common Stock for each RSU upon vesting. 1/16th of the RSUs shall vest on each quarterly anniversary of May 15, 2025.
F2 Represents shares automatically sold to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs") and delivery of shares.