Form 4: Duolingo's Chief Engineering Officer, Natalie Glance, Sells Shares Under 10b5-1 Trading Plan

Natalie Glance, Chief Engineering Officer of Duolingo, Inc., executed multiple sales of Class A Common Stock on May 16, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 16, 2025, Natalie Glance, the Chief Engineering Officer of Duolingo, sold a total of 3,267 shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 14, 2024.
• The shares were sold in multiple transactions at weighted average prices ranging from $526.104 to $531.4182.
• Following these transactions, Natalie Glance directly owns 129,654 shares of Class A Common Stock and indirectly owns 130 shares through her son.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Duolingo, Natalie Glance, Share Sale, 10b5-1 Trading Plan, Class A Common Stock, Insider Trading