Schlosser Mario 4
Research Summary
AI-generated summary
Duolingo Director Mario Schlosser Receives 140-Share RSU Award
What Happened
Mario Schlosser, a member of Duolingo's board of directors, was granted 140 fully vested restricted stock units (RSUs) on July 10, 2026. The filing lists a per-share value of $124.76, for a total reported value of $17,466. This was an award (not an open-market purchase or sale) made in lieu of cash director retainer.
Key Details
- Transaction date: 2026-07-10; Form 4 filed: 2026-07-14 (filed within the SEC’s 2-business-day window).
- Transaction type/code: A — Award/Grant.
- Shares/units: 140 RSUs at $124.76 per share; total value $17,466.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — These are fully vested RSUs awarded in lieu of cash retainers under the company’s Non-Employee Director Compensation Program. Each RSU equals the right to one share and will be settled on a date selected by the reporting person under the Plan.
- No tax withholding, sale, or other dispositions were reported in the provided details.
Context
RSUs awarded to non-employee directors as compensation are routine and differ from open-market purchases or insider sales; they represent deferred equity compensation and will convert to actual shares upon settlement per the plan terms. Because these were granted in lieu of cash retainers and are fully vested, they are compensation-related and should not be read as a direct buy/sell signal about the company’s stock.