Summary by Moomoo AI
Duolingo Inc officer Luis Von Ahn Arellano is set to sell 56,000 shares of common stock on 03/05/2024, as per the latest filing. The shares, valued at an aggregate market value of $12,587,120, were acquired on the same date through the exercise of stock options, with payment made in cash to the issuer. This transaction follows a period where no securities sales were reported in the past three months. The plan for this sale was adopted on 11/30/2023.