Director at Duolingo (NASDAQ: DUOL) awarded 2,001 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duolingo director William B. Gordon received an equity grant of 2,001 restricted stock units (RSUs) for Class A Common Stock. The award was granted at no cash cost and increases his direct holdings to 78,415 shares following the transaction.
The RSUs vest 100% on the earlier of the first anniversary of the grant date or the date of Duolingo’s next annual meeting of stockholders, as long as he continues to serve the company. Upon vesting, each RSU converts into one share of Duolingo Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GORDON WILLIAM B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,001 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 78,415 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,001 RSUs
Post-transaction holdings: 78,415 shares
Grant price per share: $0.00 per share
3 metrics
RSU grant size
2,001 RSUs
Award of Class A Common Stock RSUs to director
Post-transaction holdings
78,415 shares
Direct Class A Common Stock owned after grant
Grant price per share
$0.00 per share
RSU grant classified as compensation, not purchase
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, annual meeting of the Issuer's stockholders
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.
annual meeting of the Issuer's stockholders financial
"the date of the next annual meeting of the Issuer's stockholders following the grant date"
FAQ
What insider transaction did Duolingo (DUOL) report for William B. Gordon?
Duolingo reported that director William B. Gordon received a grant of 2,001 restricted stock units. Each RSU represents a right to receive one share of Class A Common Stock, subject to vesting conditions tied to time and Duolingo’s next annual stockholder meeting.
When do William B. Gordon’s new Duolingo (DUOL) RSUs vest?
The 2,001 Duolingo RSUs granted to William B. Gordon vest 100% on the earlier of the first anniversary of the grant date or the date of Duolingo’s next annual meeting of stockholders, provided he continues to serve the company through that vesting date without interruption.
Is William B. Gordon’s Duolingo (DUOL) transaction a market purchase or a compensation grant?
The filing classifies William B. Gordon’s transaction as a grant or award acquisition, not an open-market purchase. He received 2,001 restricted stock units at a stated price of $0.00 per share, consistent with equity-based compensation rather than buying shares on the open market.