James H. Shelton - Jun 13, 2025 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Director
Signature
/s/ Stephen Chen, as Attorney-in-Fact for James H. Shelton
Stock symbol
DUOL
Transactions as of
Jun 13, 2025
Transactions value $
-$426,777
Form type
4
Date filed
6/16/2025, 04:10 PM
Previous filing
Jun 18, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shelton James H Director C/O DUOLINGO, INC., 5900 PENN AVENUE, PITTSBURGH /s/ Stephen Chen, as Attorney-in-Fact for James H. Shelton 2025-06-16 0001342646

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Sale -$427K -895 -17.39% $476.85 4.25K Jun 13, 2025 Direct F1
* 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.