Luis von Ahn - 15 Apr 2025 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Apr 2025, 16:06:37 UTC
Prior SEC filing
18 Mar 2025
Next SEC filing
09 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stephen Chen, as Attorney-in-Fact for Luis von Ahn

Key filing fact

Luis von Ahn filed Form 4 for Duolingo, Inc. (DUOL) on 17 Apr 2025.

Key facts

  • This page summarizes Luis von Ahn's Form 4 filing for Duolingo, Inc. (DUOL).
  • 11 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Apr 2025, 16:06.

Change

  • Previous filing in this sequence was filed on 18 Mar 2025.
  • Current net transaction value: -$2,559,412.

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

Reported non-derivative transactions

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

DUOL transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$59,840
Shares
+8,000
Change %
Price
$7.48
Shares after
8,000
Date
15 Apr 2025
Ownership
Direct
DUOL transaction

Class A Common Stock

Sale

Transaction value
$164,112
Shares
-505
Change %
-6.3%
Price
$324.97
Shares after
7,495
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F2
DUOL transaction

Class A Common Stock

Sale

Transaction value
$606,681
Shares
-1,863
Change %
-25%
Price
$325.65
Shares after
5,632
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F3
DUOL transaction

Class A Common Stock

Sale

Transaction value
$365,457
Shares
-1,119
Change %
-20%
Price
$326.59
Shares after
4,513
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F4
DUOL transaction

Class A Common Stock

Sale

Transaction value
$524,439
Shares
-1,600
Change %
-35%
Price
$327.77
Shares after
2,913
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F5
DUOL transaction

Class A Common Stock

Sale

Transaction value
$760,325
Shares
-2,313
Change %
-79%
Price
$328.72
Shares after
600
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F6
DUOL transaction

Class A Common Stock

Sale

Transaction value
$132,060
Shares
-400
Change %
-67%
Price
$330.15
Shares after
200
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F7
DUOL transaction

Class A Common Stock

Sale

Transaction value
$66,179
Shares
-200
Change %
-100%
Price
$330.90
Shares after
0
Date
15 Apr 2025
Ownership
Direct
Footnotes
F1, F8

Reported derivative securities

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

DUOL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-8,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
15 Apr 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
8,000
Exercise price
$7.48
Footnotes
F9
DUOL transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+8,000
Change %
+0.25%
Price
$0.000000
Shares after
3,163,171
Date
15 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
8,000
Exercise price
Footnotes
F10
DUOL transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-8,000
Change %
-0.25%
Price
$0.000000
Shares after
3,155,171
Date
15 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
8,000
Exercise price
Footnotes
F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on September 12, 2024.

Footnote F2

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $324.22 to $325.19, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F3

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $325.23 to $326.19, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F4

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $326.23 to $327.22, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F5

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $327.29 to $328.28, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F6

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $328.35 to $329.33, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F7

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $329.58 to $330.40, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F8

The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $330.79 to $331.00, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F9

The shares subject to the option are fully vested and exercisable.

Footnote F10

Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers further described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, and (iii) the death of the Reporting Person.

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