Form 4: Duolingo's General Counsel, Stephen C. Chen, Reports Stock Option Exercise
SEC Form 4 Filing
Stephen C. Chen, General Counsel of Duolingo, Inc., reports exercising stock options and acquiring Class A Common Stock on February 6, 2025.
Summary
- On February 6, 2025, Stephen C. Chen, the General Counsel of Duolingo, Inc., exercised stock options.
- This transaction involved the acquisition of 1,331 shares of Class A Common Stock at a price of $14.42 per share.
- Following the transaction, Chen directly owns 36,698 shares of Class A Common Stock.
- Chen also directly owns 4,206 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine exercise of stock options by a company officer.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock option exercise and acquisition of Class A Common Stock. |
| 02/07/2025 | Date of signature on the Form 4 filing. |
| 03/10/2030 | Expiration date of the stock options. |
Keywords
Form 4, Duolingo, Stock Options, Beneficial Ownership, Stephen C. Chen, Class A Common Stock
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