Form 4: Duolingo Director James H. Shelton Exercises Options and Sells Shares

Director James H. Shelton exercised stock options and sold Class A Common Stock of Duolingo, Inc. on March 17, 2025, according to a Form 4 filing with the SEC.

Summary

• On March 17, 2025, James H. Shelton, a director of Duolingo, Inc., exercised stock options to acquire 20,000 shares of Class A Common Stock at a price of $22.91 per share.
• Following the exercise of the options, Shelton sold 17,175 shares at a weighted average price of $300.6089, with prices ranging from $300.00 to $300.98.
• Additionally, Shelton sold 2,825 shares at a weighted average price of $301.1142, with prices ranging from $301.01 to $301.24.
• After these transactions, Shelton directly owns 5,148 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives and directors to have pre-arranged trading plans (Rule 10b5-1) to sell shares over time.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the sales were conducted under a pre-existing trading plan.

Key Dates