Robert Meese - Apr 29, 2025 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Signature
/s/ Stephen Chen, as Attorney-in-Fact for Robert Meese
Stock symbol
DUOL
Transactions as of
Apr 29, 2025
Transactions value $
-$1,975,000
Form type
4
Date filed
4/30/2025, 04:17 PM
Previous filing
Apr 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Sale -$1.98M -5K -4.04% $395.00 119K Apr 29, 2025 Direct F1
holding DUOL Class A Common Stock 1.8K Apr 29, 2025 See footnote F2
holding DUOL Class A Common Stock 1.8K Apr 29, 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on December 9, 2024.
F2 Shares held by Eliot Meese Qualified Minor's Trust.
F3 Shares held by Isaac Meese Qualified Minor's Trust.