Form 4: Duolingo CFO Gifts 2,522 Shares of Class A Stock

Duolingo's Chief Financial Officer, Matthew Skaruppa, gifted 2,522 shares of Class A Common Stock on August 14, 2025.

Summary

• Matthew Skaruppa, Duolingo's Chief Financial Officer, disposed of 2,522 shares of Class A Common Stock.
• The transaction occurred on August 14, 2025, and was coded as a gift (G).
• The shares were disposed of at a price of $0 per share.
• Following this transaction, Mr. Skaruppa directly beneficially owns 55,701 shares of Duolingo Class A Common Stock.

Sentiment

Score: 4

Explanation: The transaction is a gift of shares by a CFO, which reduces insider ownership. While not a sale for cash, it still represents a decrease in the executive's direct stake, which is generally viewed as slightly negative for investor confidence, though not indicative of company performance issues.

Positives

• The disposition was a gift, not a sale for cash, which is generally less concerning than a cash sale by an insider.

Negatives

• Matthew Skaruppa's direct beneficial ownership of Duolingo Class A Common Stock decreased by 2,522 shares.

Stakeholder Impact

• Shareholders: Slight reduction in insider ownership, which could be perceived as a minor negative signal regarding management's direct stake.

Key Dates

Keywords

Duolingo, DUOL, Matthew Skaruppa, CFO, Form 4, insider transaction, stock gift, Class A Common Stock, beneficial ownership