DUOL insider filing: 2,533 shares to be sold via Morgan Stanley, plus recent sales
Rhea-AI Filing Summary
Duolingo insider sale notice under Rule 144: This Form 144 reports a proposed sale of 2,533 shares of the issuer's common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $833,441.10 and an approximate sale date of 08/15/2025 on NASDAQ. The filing states these shares were acquired as restricted stock on 08/15/2025 from the issuer and paid for on that date.
The form also discloses recent sales by the same person: 2,709 shares sold on 07/01/2025 for $1,090,581.46 and 3,267 shares sold on 05/16/2025 for $1,726,185.67. The filer attests there is no undisclosed material adverse information.
Positive
- Clear Rule 144 disclosure with broker, share counts, aggregate values, and sale dates provided
- Recent sale history disclosed including two prior transactions with exact proceeds, improving transparency
- Filer attestation that no material adverse information is known and that Rule 144 conditions are represented
Negative
- None.
Insights
TL;DR: Routine insider sales disclosed; dollar amounts are modest relative to total outstanding shares.
The filing documents a planned sale of 2,533 common shares via Morgan Stanley with an aggregate value of $833,441.10 and two prior sales totaling 5,976 shares and roughly $2.82 million in gross proceeds over the past three months. These disclosures are standard for Rule 144 compliance and provide transparency on insider liquidity. The information is descriptive and does not include operational or financial performance metrics.
TL;DR: Form 144 indicates procedural compliance; the filer certifies absence of undisclosed material information.
The notice states the shares were acquired as restricted stock and that the filer represents no material undisclosed information exists. The filing names the broker and gives specific amounts and proceeds for recent sales, supporting disclosure obligations. There are no governance actions or departures disclosed here; the filing focuses solely on transfer/sale mechanics and attestation.