Duolingo, Inc. (DUOL) director receives 140 RSUs instead of cash
Rhea-AI Filing Summary
Schlosser Mario reported acquisition or exercise transactions in this Form 4 filing.
Duolingo, Inc. director Mario Schlosser received an equity compensation award of 140 shares of Class A Common Stock through fully vested restricted stock units in lieu of cash retainers under the company’s Non-Employee Director Compensation Program, at a reported value of $124.76 per share, bringing his directly held stake to 4,262 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schlosser Mario
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 140 | $124.76 | $17K |
Holdings After Transaction:
Class A Common Stock — 4,262 shares (Direct)
Footnotes (1)
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Key Figures
RSU shares awarded: 140 shares
Grant price: $124.76 per share
Shares held after award: 4,262 shares
3 metrics
RSU shares awarded
140 shares
Fully vested restricted stock units granted in lieu of cash retainers
Grant price
$124.76 per share
Reported transaction price for the RSU award
Shares held after award
4,262 shares
Total Class A Common Stock directly owned by Mario Schlosser after the transaction
Key Terms
restricted stock units, Non-Employee Director Compensation Program, Class A Common Stock
3 terms
restricted stock units financial
"Represents an award of fully vested restricted stock units ("RSUs") in lieu of cash"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation Program financial
"under the Issuer's Amended and Restated Non-Employee Director Compensation Program"
Class A Common Stock financial
"Each RSU represents the right to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Duolingo (DUOL) director Mario Schlosser report on this Form 4?
Mario Schlosser reported receiving an award of 140 fully vested restricted stock units of Duolingo Class A Common Stock. The RSUs were granted as equity compensation in lieu of cash retainers under the Non-Employee Director Compensation Program.
Was Mario Schlosser’s Duolingo (DUOL) Form 4 transaction an open-market stock purchase?
No, the Form 4 reports a grant of fully vested restricted stock units, not an open-market stock purchase. The RSUs were issued as director compensation in lieu of cash retainers under Duolingo’s Non-Employee Director Compensation Program.
What does each RSU in Mario Schlosser’s Duolingo (DUOL) award represent?
Each restricted stock unit (RSU) represents the right to receive one share of Class A Common Stock of Duolingo. The RSUs will be settled on a date selected by the reporting person or as otherwise provided under the director compensation plan.