Duolingo director plans $3.1M share resale
Director William B. Gordon has filed a Rule 144 notice to potentially resell 20,000 Duolingo common shares with an indicated market value of about $3.1 million.
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Rhea-AI Filing Summary
Duolingo, Inc. (DUOL) is the subject of a notice under Rule 144 indicating that director William B. Gordon plans a potential resale of 20,000 shares of common stock through Morgan Stanley Smith Barney LLC. The filing cites an approximate aggregate market value of $3,089,200 and notes 40,387,012 shares outstanding as of the notice.
The shares were originally acquired through pro rata distributions in kind from KPCB Holdings, Inc., as nominee, during the period from February 13, 2014 through May 21, 2015.
Key Figures
Key Terms
Rule 144 regulatory
pro rata distributions in kind financial
nominee financial
aggregate market value financial
FAQ
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What does the Form 144 filing disclose for Duolingo (DUOL)?
Who is the broker for the planned Duolingo (DUOL) Rule 144 sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.