Form 4: Duolingo Executive Exercises Stock Options
SEC Form 4 Filing
Natalie Glance, Chief Engineering Officer at Duolingo, exercised stock options and acquired shares of Class A Common Stock.
Summary
- On February 24, 2025, Natalie Glance, the Chief Engineering Officer of Duolingo, Inc., exercised stock options.
- This transaction involved the acquisition of 10,181 shares of Class A Common Stock at a price of $2.23 per share.
- Following the transaction, Glance directly owns 139,753 shares and indirectly owns 130 shares through her son.
- The exercised stock options were fully vested and exercisable as of February 27, 2025.
- After the transaction, Glance holds 8,215 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction of stock option exercise by an executive.
Industry Context
This is a standard SEC Form 4 filing, reflecting a company executive exercising vested stock options, a common practice in publicly traded companies as part of their compensation packages.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the issuance of new shares, potentially diluting existing holdings slightly.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of earliest transaction: Exercise of stock options and acquisition of Class A Common Stock. |
| 02/25/2025 | Date of signature by Attorney-in-Fact. |
| 02/27/2025 | The shares subject to the option are fully vested and exercisable. |
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