Form 4: Duolingo Officer Gifts Shares
Insider Transaction Report
Duolingo's Chief Engineering Officer, Natalie Glance, gifted 2,300 shares of Class A Common Stock on August 12, 2025, reducing her direct beneficial ownership.
Summary
- Natalie Glance, Chief Engineering Officer of Duolingo, Inc. (DUOL), reported a change in beneficial ownership of Class A Common Stock.
- On August 12, 2025, Ms. Glance disposed of 2,300 shares of Class A Common Stock through a gift (transaction code 'G') at a price of $0 per share.
- Following this transaction, Ms. Glance directly beneficially owns 124,645 shares of Class A Common Stock.
- Additionally, she indirectly beneficially owns 130 shares of Class A Common Stock through her son.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged disposition.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (a gift of shares) by a Chief Engineering Officer, which is a neutral event for the company's operational or financial performance.
Future Outlook
No forward-looking statements or guidance are provided in this filing, as it pertains solely to an insider's change in beneficial ownership.
Industry Context
This filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape.
Related Party Transactions
- Natalie Glance gifted 130 shares of Class A Common Stock to her son, which is reported as indirect beneficial ownership.
Stakeholder Impact
- Minimal impact on shareholders as the transaction involves a relatively small number of shares (2,300) and is a gift rather than a sale, indicating no immediate intent to liquidate holdings for cash.
Key Dates
| Date | Description |
|---|---|
| 08/12/2025 | Date of transaction (gift of Class A Common Stock). |
| 08/13/2025 | Date the Form 4 was signed by Attorney-in-Fact Stephen Chen. |
Keywords
Duolingo, DUOL, Insider Transaction, Form 4, Stock Ownership, Natalie Glance, Chief Engineering Officer, Gift
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