Glance Natalie 4

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.