Summary by Moomoo AI
Duolingo Inc officer Matthew Skaruppa is set to sell 24,000 shares of common stock valued at approximately $5,736,000 on March 1, 2024. The shares were acquired on the same date through the exercise of stock options, with the transaction involving a cash payment to the issuer. This planned sale follows a series of transactions over the past three months, where a total of 21,165 shares were sold for gross proceeds of $4,090,703.20.