Summary by Moomoo AI
Duolingo Inc, the language-learning platform, has announced that SBH Trust, associated with an officer of the company, is set to sell 30,000 common shares on 03/01/2024. The shares, originally acquired on 08/25/2011 as founders shares from the issuer, are estimated to have an aggregate market value of $7,170,000. This planned sale follows a recent transaction history where a total of 20,000 shares were sold over the past three months, generating gross proceeds of $3,928,677.