Form 4: Duolingo CFO Matthew Skaruppa Reports Stock Transactions
SEC Form 4 Filing
Duolingo's CFO, Matthew Skaruppa, reports acquisition and disposal of Class A Common Stock related to vesting Restricted Stock Units.
Summary
- On May 15, 2025, Matthew Skaruppa, CFO of Duolingo, Inc., reported transactions involving Class A Common Stock.
- Skaruppa acquired 8,709 shares of Class A Common Stock upon vesting of Restricted Stock Units (RSUs) at a price of $0.
- Concurrently, Skaruppa disposed of 3,304 shares of Class A Common Stock at a price of $531.71 to satisfy tax withholding obligations related to the RSU vesting.
- Following these transactions, Skaruppa beneficially owns 61,796 shares of Class A Common Stock directly.
Sentiment
Score: 6
Explanation: Neutral sentiment. The transactions are routine and related to executive compensation. The RSU vesting is a positive sign, but the tax-related sale is a neutral event.
Positives
- The vesting of RSUs indicates that performance milestones were likely met, which is generally a positive sign.
Negatives
- The sale of shares to cover tax obligations, while standard, slightly reduces the CFO's holdings.
Risks
- There are no specific risks highlighted in this document.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Comparison to Industry Standards
- Similar to other tech companies, Duolingo uses RSUs as part of its compensation package to align employee incentives with company performance.
- The tax-related sales are a common occurrence among executives receiving stock-based compensation.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock transactions (acquisition and disposal) and RSU vesting. |
| 05/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Duolingo, Skaruppa, CFO, Class A Common Stock, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, SEC
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