Duolingo, Inc.·4

Feb 20, 6:01 AM ET

Glance Natalie 4

4 · Duolingo, Inc. · Filed Feb 20, 2026

Research Summary

AI-generated summary of this filing

Updated

Duolingo (DUOL) Chief Engineering Officer Natalie Glance Sells Shares

What Happened

  • Natalie Glance, Duolingo’s Chief Engineering Officer, disposed of a total of 5,286 DUOL shares in open-market transactions on February 17–18, 2026. The reported sales and proceeds by line were:
    • 1,741 shares @ $110.06 = $191,614
    • 1,499 shares @ $112.30 (weighted avg) = $168,332
    • 166 shares @ $113.55 (weighted avg) = $18,849
    • 1,520 shares @ $114.29 (weighted avg) = $173,719
    • 360 shares @ $115.29 (weighted avg) = $41,504
  • Total shares sold: 5,286; total reported proceeds: approximately $594,018. These were sales (routine disposition), not purchases.

Key Details

  • Transaction dates: Feb 17, 2026 (one sale) and Feb 18, 2026 (four sales).
  • Prices: individual reported prices above; several lines report weighted-average sale prices with broker ranges (see footnotes).
  • Shares owned after these transactions: not disclosed in the information provided in this summary (check the full Form 4 for post-transaction holdings).
  • Notable footnotes:
    • F1: Some shares were sold to satisfy tax withholding obligations related to RSU vesting.
    • F2: At least one sale was effected under the reporting person’s Rule 10b5-1 trading plan (adopted Nov 14, 2024).
    • F3–F6: Broker-calculated weighted-average prices; sales occurred in multiple trades with specified price ranges (F3: $111.87–$112.86; F4: $112.87–$113.77; F5: $113.88–$114.87; F6: $114.92–$115.57). The reporting person has offered to provide per-trade details on request.
  • Filing: Form 4 filed Feb 20, 2026 reporting transactions dated Feb 17–18, 2026. (Form 4s are generally required within two business days; consult the official filing for timeliness details.)

Context

  • These were sales rather than purchases. Sales tied to tax withholding or executed under a pre-established Rule 10b5-1 plan are commonly routine and do not, by themselves, indicate a change in insider sentiment. Retail investors should consider this alongside other insider activity, company fundamentals, and market conditions.

Insider Transaction Report

Form 4
Period: 2026-02-17
Glance Natalie
Chief Engineering Officer
Transactions
  • Sale

    Class A Common Stock

    [F1]
    2026-02-17$110.06/sh1,741$191,614118,925 total
  • Sale

    Class A Common Stock

    [F2][F3]
    2026-02-18$112.30/sh1,499$168,332117,426 total
  • Sale

    Class A Common Stock

    [F2][F4]
    2026-02-18$113.55/sh166$18,849117,260 total
  • Sale

    Class A Common Stock

    [F2][F5]
    2026-02-18$114.29/sh1,520$173,719115,740 total
  • Sale

    Class A Common Stock

    [F2][F6]
    2026-02-18$115.29/sh360$41,504115,380 total
Holdings
  • Class A Common Stock

    (indirect: By son)
    130
Footnotes (6)
  • [F1]Represents shares automatically sold to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs") and delivery of shares.
  • [F2]The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on November 14, 2024.
  • [F3]The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $111.87 to $112.86, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  • [F4]The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $112.87 to $113.77, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  • [F5]The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $113.88 to $114.87, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  • [F6]The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $114.92 to $115.57, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance|2026-02-19

Documents

1 file
  • 4
    wk-form4_1771585291.xmlPrimary

    FORM 4