Form 4: Duolingo Executive Natalie Glance Sells Shares to Cover Tax Obligations

Natalie Glance, Chief Engineering Officer of Duolingo, sold 2,667 shares of Class A Common Stock on February 18, 2025, to cover tax obligations related to vesting Restricted Stock Units.

Summary

• On February 18, 2025, Natalie Glance, the Chief Engineering Officer of Duolingo, sold 2,667 shares of Class A Common Stock.
• The sale was executed at a price of $435.28 per share.
• The transaction was conducted to satisfy tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
• Following the transaction, Natalie Glance directly owns 129,572 shares of Class A Common Stock and indirectly owns 130 shares through her son.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading activity by corporate insiders.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact as it is a common practice for covering tax obligations.

Key Dates

Keywords

Duolingo, Natalie Glance, insider trading, Form 4, stock sale, tax obligations, RSUs, Class A Common Stock