Duolingo (DUOL) director Bonnie Ross receives 2,001 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duolingo, Inc. director Bonnie Ross received an equity grant of 2,001 Class A shares in the form of restricted stock units (RSUs). The award was granted at no cash cost to her and increases her direct holdings to 3,345 Class A shares.
Each RSU converts into one share of Class A Common Stock when it vests. According to the grant terms, 100% of the RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of Duolingo’s stockholders, as long as Ross continues serving the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ross Bonnie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,001 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,345 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,001 shares
Grant price per share: $0.00 per share
Shares held after grant: 3,345 shares
+1 more
4 metrics
RSU grant size
2,001 shares
Restricted stock units granted to Bonnie Ross
Grant price per share
$0.00 per share
Equity award cost to Bonnie Ross
Shares held after grant
3,345 shares
Bonnie Ross direct Class A holdings following transaction
Vesting trigger
100% cliff vest
Earlier of first anniversary of grant or next annual meeting
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, vesting
3 terms
restricted stock units ("RSUs") financial
"Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"one (1) share of the Issuer's Class A Common Stock for each RSU upon vesting."
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.
vesting financial
"100% of the RSUs vest on the earlier of (i) the first anniversary of the grant date..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Duolingo (DUOL) director Bonnie Ross report?
Bonnie Ross reported receiving 2,001 restricted stock units (RSUs) of Duolingo Class A Common Stock. These RSUs were granted as an equity award at no cash cost and will convert into shares when they vest, increasing her potential ownership stake.
What are RSUs in the context of Duolingo (DUOL) director compensation?
RSUs, or restricted stock units, are share-based awards that convert into stock upon vesting. For Bonnie Ross, each RSU entitles her to one Duolingo Class A share when the vesting conditions are met, aligning director compensation with shareholder interests.
When do Bonnie Ross’s Duolingo (DUOL) RSUs vest?
Bonnie Ross’s RSUs vest 100% on the earlier of two dates. Vesting occurs on the first anniversary of the grant date or on the date of the next annual meeting of Duolingo stockholders, provided she continues to serve the company through that time.
What conditions affect vesting of Bonnie Ross’s Duolingo (DUOL) RSUs?
The RSUs vest only if Bonnie Ross continues serving Duolingo until the vesting date. They fully vest on the earlier of the grant’s first anniversary or the next annual stockholder meeting, making continued service a key condition for receiving the underlying shares.